“Don’t wear a helmet… smoke a cigarette while firing to appear fearless… you will create history” — these were the instructions given allegedly by Anmol Bishnoi, the younger brother of gangster Lawrence Bishnoi to the bike-borne shooters, a day before they fired at Bollywood actor Salman Khan’s house in Bandra on April 14. These details are mentioned in the chargesheet filed by the Mumbai police in the firing case, which also includes Khan’s statement, where he has said that he believes that Lawrence Bishnoi and his gang carried out the…
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Classification Errors Don’t Disqualify Deductions in ITR
In the case of National Contracting Company (India) Private Limited vs. Deputy Commissioner of Income Tax (DCIT), the Chennai Income Tax Appellate Tribunal (ITAT) delivered a ruling. On June 24, 2024, the decision, pronounced, addresses the problem of whether a wrong classification in an Income Tax Return (ITR) can result in the refusal of a legitimate deduction. Case Overview: National Contracting Company (India) Private Limited, the appellant, filed its income return for the AY 2020-21 on December 18, 2020, declaring a total income of Rs 38,10,910. The Centralized Processing Center…
To seek blessings of Lord Ram in Ayodhya, don’t travel politically: Aaditya Thackeray
[ad_1] Maharashtra minister and Shiv Sena leader Aditya Thackeray, who visited Ayodhya on Wednesday, said his visit to the temple town was not connected with politics, but he had come here to seek the blessings of Lord Ram. Thackeray, who tried to stay away from politics, however said that the central agencies have turned into an advertising literature. He was replying to a question on the Enforcement Directorate questioning Congress leader Rahul Gandhi, His visit is taking place at a time when BJPThe former Shiv Sena ally has been questioning…
‘Don’t rely only on the price-to-earnings ratio’
[ad_1] Mumbai: Valuation has been a topic of discussion Dalal Street For a while now but it is suddenly gaining momentum. Nowadays every conversation starts P / E ratio (price-to-earnings ratio, which compares the current price of a share with earnings per share) and ends with a loud declaration that the valuation appears to be ‘slightly stretched’. However, many experts believe that looking at the ratio in isolation will not help. investors understand the realities of Market And high valuations may not be the only deciding factor driving the market.…
CRR: Banks don’t want liquidity to fall, urge RBI not to carry forward CRR
[ad_1] Indian lenders have requested Reserve Bank of India (RBI)reserve Bank of India) not to increase the cash reserve ratio further (CRR) in the next threshold Monetary policy To ensure uninterrupted credit growth amid a clear reduction in surplus liquidity since early May, two people aware of the representations told ET. The Indian Banks’ Association (IBA) requested the central bank on behalf of lenders last week after additional liquidity fell to around ₹3.5 lakh crore – nearly half the amount retained by the RBI through the pandemic. “Earlier, the surplus…
Follow COVID-appropriate behavior if you don’t want to face restrictions again: Maharashtra CM to people
[ad_1] Chief Minister of Maharashtra Uddhav Thackeray People on Thursday said people should use face masks, get vaccinated and follow discipline if they do not want to experience COVID-19 restrictions again. Speaking at a meeting of the state COVID-19 task force amid a rise in the number of cases in the last few days, Thackeray said the government would monitor the situation for a fortnight. Maharashtra on Thursday recorded 1,045 new coronavirus infections and one death, taking the active number to 4,559. The state’s caseload stands at 78,89,212, and the…