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Search results for undervaluation

HIL is for Indian players to grow: PR Sreejesh on foreign signings pulling out
1 week, 2 days ago

HIL is for Indian players to grow: PR Sreejesh on foreign signings pulling out

India Today  

Former India hockey goalkeeper PR Sreejesh emphasized the importance of focusing on developing Indian players through the Hockey India League, even as the league faces challenges with foreign players withdrawing. Sreejesh, who serves as the Director of Hockey for HIL franchise Delhi SG Pipers, underscored that the primary aim of the league should be nurturing Indian talent and strengthening hockey …

Players Indian Hockey Indian Players Hockey India League Foreign League Sreejesh
Mutual funds betting on these three capital-efficient infra stocks. What to know
2 weeks, 4 days ago

Mutual funds betting on these three capital-efficient infra stocks. What to know

Live Mint  

While it might seem logical to follow the well-known infrastructure giants, institutional investors have been quietly accumulating shares in three midcap companies that stand out for one critical metric: high return on capital employed. This confidence could be linked to Ceigall’s robust order book, which stood at over ₹12,000 crore as of September, according to its latest investor presentation. More …

India Growth Stocks Infrastructure Capital Sales Mutual Funds
The Timeless Art of Cooking: Chefs Revive Traditional Techniques for a Sustainable Future
1 month, 2 weeks ago

The Timeless Art of Cooking: Chefs Revive Traditional Techniques for a Sustainable Future

India Today  

The article highlights the resurgence of traditional cooking techniques and sustainable practices in the culinary world. It showcases how chefs are embracing the revival of traditional methods and recipes, emphasizing the importance of preserving local produce and supporting sustainable agricultural practices. The article also emphasizes the human element in traditional cooking methods, with chefs taking the lead in preserving and …

Science Law Technology Food Mumbai
Axing tax breaks for AIM stocks in Budget 'will leave small UK firms vulnerable to takeover'
1 month, 3 weeks ago

Axing tax breaks for AIM stocks in Budget 'will leave small UK firms vulnerable to takeover'

Daily Mail  

Rumoured plans to axe a lucrative tax break could leave more companies vulnerable to takeover, further diminishing London's shrinking small-cap market, experts have warned. Reeves is said to be considering a a cut to business rates relief for AIM stocks, stripping inheritance tax benefit driving up to 15% of the market's liquidity Reeves is said to be cutting business property …

Business London Market Tax Companies Relief Businesses
Are PNB investors worried about QIP-led dilution?
2 months, 4 weeks ago

Are PNB investors worried about QIP-led dilution?

Live Mint  

With a capital adequacy ratio of 15.79% and common equity tier 1 at 10.95%, PNB does not need capital immediately. At the floor price, it could lead to a maximum equity dilution of about 4%, as the current number of equity shares is 11 billion. Private sector banks, by virtue of their higher return on assets, have always commanded higher …

Stocks Equity Bank Index Price Nifty Banks
Undervaluation Can't Lead To Seizure Of Goods In Transit By Inspecting Authority: Karnataka High Court
5 months, 3 weeks ago

Undervaluation Can't Lead To Seizure Of Goods In Transit By Inspecting Authority: Karnataka High Court

Live Law  

The Karnataka High Court has held that undervaluation cannot be a ground for seizure of goods in transit by the inspecting authority.The bench of Justice Krishna S. Dixit and Justice Ramachandra D. Huddar upheld the single bench order in which the obligation to pay tax and penalty has been quashed coupled with a direction to release the vehicle.The conveyance bearing …

Court Order Department Kar Goods Single Cto
The Complete Supreme Court Annual Digest- 2023 [Part-IX]
8 months ago

The Complete Supreme Court Annual Digest- 2023 [Part-IX]

Live Law  

CRZ Notification CRZ Notification 2011: Storage facility for edible oil not allowed outside port area; Supreme Court affirms quashing of post-facto clearance. High Court Bar Association v. Union of India, 2023 LiveLaw 276 : 2 SCC 536 Supreme Court affirms mandatory e-filing in DRTs & DRATs, says other courts should replicate it. Subhash Desai v. Principal Secretary, Governor of Maharashtra, …

India Tamil Nadu Delhi Supreme Court High Court Death Penalty Constitution
Undervaluation Of Claim Amount, Surveyor Report Not Binding: Chandigarh District Commission Holds New India Assurance Co. Liable
8 months ago

Undervaluation Of Claim Amount, Surveyor Report Not Binding: Chandigarh District Commission Holds New India Assurance Co. Liable

Live Law  

The District Consumer Disputes Redressal Commission-II, U.T. Sharma held New India Assurance Company liable for not honouring the complete claim for the insured stock which was burned down due to a fire accident. Observations by the District Commission: The District Commission noted that the appointed surveyor was provided with all necessary documentation, including a trading account indicating a stock value …

Insurance Company Stock Commission District Claim Complainants
Mere Acceptance Of Re-Assessed Value And Payment By Assessee Not Be Sufficient To Confirm Allegations Of Under Valuation: CESTAT
1 year, 2 months ago

Mere Acceptance Of Re-Assessed Value And Payment By Assessee Not Be Sufficient To Confirm Allegations Of Under Valuation: CESTAT

Live Law  

The Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal has held that mere acceptance of the re-assessed value and payment by the assessee will not be sufficient to confirm the allegations of undervaluation.The bench of Ravana Gupta and Hemambika R. Priya observed that to avoid any delay and demurrage charges, in case the consignment. The Delhi Bench of …

Weight Value Stat Assessee Mere Acceptance
Customs Broker Licence Can’t Be Revoked On Mere Charge Of Mis–Declaration And Undervaluation Of The Illegal Imports: CESTAT
1 year, 3 months ago

Customs Broker Licence Can’t Be Revoked On Mere Charge Of Mis–Declaration And Undervaluation Of The Illegal Imports: CESTAT

Live Law  

The Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal has held that the licence cannot be revoked on a mere charge of misdeclaration and undervaluation of illegal imports.The bench of Binu Tamta and Hemambika R. Priya has observed that the punishment has to be commensurate with the misconduct and that the charges against. The Delhi Bench of …

Regulation Customs Tribunal Licence Broker Appellant Cblr
Customs Broker Is Not Liable For Undervaluation Of Exported Goods: CESTAT
1 year, 11 months ago

Customs Broker Is Not Liable For Undervaluation Of Exported Goods: CESTAT

Live Law  

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal has held that customs brokers cannot be held liable for the undervaluation of exported goods.The bench of P. Dinesha has observed that the valuation of any goods could never be the domain of a customs broker as it depends upon the contract between the exporter and the importer, …

Customs Goods Stat Broker Valuation Cestat Exported Goods
Undervaluing imports could trigger 1-2 years of extra obligations
2 years, 2 months ago

Undervaluing imports could trigger 1-2 years of extra obligations

The Hindu  

Importers found to be under-declaring the value of shipments will face additional obligations for at least one year and no more than two years, for first instances of such violations, the Central Board of Indirect Taxes and Customs has proposed. To address the issue of undervaluation in imports, this year’s Finance Bill introduced amendments to the Customs Act of 1962 …

Board Customs Goods Cbic Obligations
Retracted Statement Cannot Simply Be Brushed Aside : CESTAT
2 years, 4 months ago

Retracted Statement Cannot Simply Be Brushed Aside : CESTAT

Live Law  

The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal has held that the contents of the retracted statement cannot simply be brushed aside to conclude that the assessee/appellant has indulged in the activity of undervaluation of goods. The appellant submitted that there was no inordinate delay in filing the retraction statement inasmuch as copies of the statements …

Evidence Customs Statement Department Goods Appellant Cestat
Show-cause notices served to Oppo, Vivo, Xiaomi for tax evasion
2 years, 4 months ago

Show-cause notices served to Oppo, Vivo, Xiaomi for tax evasion

The Hindu  

Finance Minister Nirmala Sitharaman on Tuesday informed Rajya Sabha that three mobile phone companies — Oppo India, Xiaomi Technology India Pvt. She added that the “government is consciously taking action against Indian citizens who have helped in having these companies established and other shell companies through which they are operating.” Responding to a question from member Sushil Modi, about Chinese …

China Tax Evasion Companies Xiaomi Crore Chinese Sitharaman
Education catch-up tsar quits after Treasury waters down £15bn rescue package
3 years, 6 months ago

Education catch-up tsar quits after Treasury waters down £15bn rescue package

The Telegraph  

Boris Johnson's education catch-up tsar resigned on Wednesday night as he accused ministers of a "half-hearted" approach to helping thousands of schoolchildren whose learning has been disrupted by the Covid pandemic. Sir Kevan Collins warned that the current funding allocated "does not come close to meeting the scale of the challenge" posed by months of school disruption and said he …

Education Sir Kevan
IRS says executors undervalued Prince’s estate by 50%
3 years, 11 months ago

IRS says executors undervalued Prince’s estate by 50%

LA Times  

Prince holds a news conference at New York’s Apollo Theater in October 2010 to announce his Welcome 2 America tour. The Internal Revenue Service determined that Prince’s estate is worth $163.2 million, double the $82.3-million valuation submitted by Comerica Bank & Trust, the estate’s administrator. Documents show that the IRS believes Prince’s estate owes another $32.4 million in federal taxes, …

Million Estate Irs Patrick Minneapolis
IRS says executors undervalued Prince’s estate by 50%
3 years, 11 months ago

IRS says executors undervalued Prince’s estate by 50%

Associated Press  

MINNEAPOLIS — The ongoing controversy over the money left behind by Prince when he died without a will is heating up again after Internal Revenue Service calculations showed that executors of the rock star’s estate undervalued it by 50%, or about $80 million. The IRS determined that Prince’s estate is worth $163.2 million, overshadowing the $82.3 million valuation submitted by …

Million Estate Prince Irs Patrick Minneapolis Tax Court