Fri, Apr 26, 2024 10:08 AM
Mahindra Epc Irrigation Q4 Results: profit falls by 45.82% YOY
A Flip by Shubhangi Gupta
The Supreme Court on May 6 refused to entertain a plea by Federation of All India Vyapar Mandal challenging the constitutional validity of section 43 B (H) of the Income Tax Act.According to Section 43B(h) of the Income Tax Act, introduced through Finance Act 2023, if a larger company does not pay an MSME on time within 45 days in case of written agreements it cannot deduct that expense.
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I am a seafarer and have stayed in India for roughly 135 days and worked on an Indian-flag ship for the remaining period (approximately 230 days) in the last financial year. I receive my salary in NRE (non-resident external) account. In the last financial year, I sold some part of my ancestral land that was lying vacant for ₹77 lakh. The buyer had deducted tax at source while making the payment.
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Nifty on Monday ended 33 points lower to form an Inside Bar pattern on the daily chart with the India VIX recording a surge of over 13%.“We need to wait and watch, till the high (22,589) or low (22,409) is taken out for further direction on Nifty. Support for the Nifty is now seen at 22,350 and 22,200-250 levels. On the higher side, the immediate resistance zone for Nifty is at 22,600.
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