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Showing posts from March, 2023
 KEY POINTS IN HINDENBURG REPORT ON BLOCK INC FORMERLY KNOWN AS SQUARE INTRODUCTION Block, Inc. (formerly Square, Inc.) is an American multinational technology company founded by Jack Dorsey and Jim McKelvey in 2009 that launched its first platform in 2010. Since November 2015, it has traded as a public company on the New York Stock Exchange under the SQ ticker. Square is a payment platform targeted at small and medium-sized businesses, allowing them to accept credit card payments and use smartphones or tablet computers as payment registers for a point-of-sale system. The company offers Square, Cash App, Spiral and Tidal , among others. It helps sellers manage their businesses through its commerce solutions, business software, and financial services. Cash App assists in sending, spending, or investing their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds funds-free, open-source Bitcoin projects. TIDAL is used to help entrepreneurs to connect more deeply with f...
MUSK'S EARTH TO EARTH: REVOLUTIONIZING TRANSPORTATION The ambitious Earth to Earth project by Elon Musk aims to lower the cost and increase the accessibility of space travel. In order to transport passengers across the globe in a couple of hours, SpaceX plans to deploy reusable rockets and spacecraft powered by its rocket engines. With the Falcon Heavy rocket launch in 2018, which sent a Tesla Roadster into orbit, the concept has already succeeded to some extent. Both investors and the general public have shown enormous enthusiasm for the idea. Earth to Earth does have the potential to revolutionize space exploration and travel, making it one of Elon Musk's greatest achievements to date. This article will go into further detail about this ground-breaking study, including its potential applications and effects on humankind's future space exploration. Elon Musk's ambitious Earth to Earth project is a ground-breaking idea that seeks to lower the cost and increase the acces...
Things to know about ITR-U Return ITR - U Return was introduced from 1st April 2022, ie AY 2022-23.  As per sec 139(8A) of Income-tax  Act, Assessee can update his/her ITR filing ITR-U. The assessee can avail of this facility if he has made any omission or wrong statement in the earlier return of income filed by the assessee including original return, Belated return or revised return. This facility can also be availed by the assessee if he has missed to file the return of income within the deadline. Assessee shall be eligible to file only one updated return for each assessment year. However assessee cannot file the updated return if search or survey or prosecution intiatted against such person or assessement/ reassessement/ revision/ recomputation is pending or completed.    In accordance with Section 139(8A) of the Income Tax Act, a taxpayer has 24 months from the conclusion of the applicable assessment year to file an Updated ITR. In order to take advantage of the ...