ITAT sets aside 12.5% bogus purchase addition and directs AO to align GP rate on such purchases with genuine purchases. The post ITAT Mumbai: Bogus Purchase Addition Limited to GP Rate of Genuine Purchases appeared first on TaxGuru .
This article was aggregated from TaxGuru. Continue reading for the complete story.
Read on TaxGuru
India’s ambition to become a global manufacturing powerhouse is accelerating, with the automobile industry at the centre of this transformation. In this #IndiaAt100 session, Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, discusses how manufacturing can drive India’s next phase of growth. From loca
Business Today
Besides new production, HAL's Nashik facility is expected to play a key role in a major upgrade of the existing Su-30MKI fleet.
Business Today
The decision is significant because Cursor has been an OpenAI customer for nearly four years and has integrated OpenAI models into its coding platform. Cursor co-founder and CEO Michael Truell said OpenAI models account for about 5% of Cursor's user traffic.
Business Today
The Indian stock market is showing renewed strength as easing crude oil prices and hopes of smoother movement through the Strait of Hormuz improve investor sentiment. With the Nifty trading above 24,350, the key question now is whether the index can decisively cross the 24,400 resistance level and s
Business Today
