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Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/10-years-after-credit-card-was-closed-bank-sent-legal-notice-demanding-rs-33-lakh-cardholder-fights-back-and-wins-rs-5-lakh-compensation/articleshow/129676697.cms On August 27, 2010, Mr Venkatesh from Mysore, Karnataka, submitted a request to close his credit card and made a payment of Rs 15,500. The

Clipped from: https://www.thehindubusinessline.com/money-and-banking/misuse-of-insolvency-and-bankruptcy-code-by-loan-defaulters-has-tendency-to-badly-impact-economy-hc/article70761462.ece The court said it has noticed a “disturbing trend” in which chronic defaulters take resort to the provisions of the IBC to frustrate

Clipped from: https://www.thehindubusinessline.com/money-and-banking/hdfc-bank-chakrabortys-sudden-exit-as-part-time-chairman-stirs-hornets-nest/article70762478.ece Stock hits 52-week low; bank’s board may approach M Rajeshwar Rao, former Deputy Governor of RBI, to replace Chakraborty The sudden departure of

Clipped from: https://www.business-standard.com/opinion/columns/when-resolution-becomes-recovery-shift-towards-enforcement-framework-126031701395_1.html The IBC was designed to address collective action problems and prevent a race for enforcement that destroys going-concern value Illustration: Binay Sinha Listen

Clipped from: https://www.business-standard.com/opinion/editorial/strengthening-oversight-why-audit-companies-must-improve-governance-126031901335_1.html The broader challenge lies in the growing complexity of modern corporate structures and the pressure on audit firms to balance commercial interests with

Clipped from: https://www.business-standard.com/finance/news/first-time-credit-monitoring-rises-27-user-base-hits-183-million-cibil-126031901079_1.html First-time credit monitoring in India rises 27%, with user base reaching 183 million, driven by Gen Z, women and non-metro consumers, says CIBIL

Clipped from: https://www.business-standard.com/finance/personal-finance/new-tax-law-from-april-1-what-it-means-for-income-filing-and-compliance-126031901199_1.html Taxpayers must be able to distinguish between matters where the old tax law still applies and those where the new one does India’s

Clipped from: https://www.business-standard.com/finance/news/rbi-support-for-hdfc-bank-rare-but-not-unusual-experts-126031901279_1.html RBI’s swift support for HDFC Bank after chairman’s exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory

Clipped from: https://www.financialexpress.com/money/woman-sells-india-property-and-reinvests-in-us-home-tax-exemption-denied-itat-gives-relief-on-this-ground-4178064/ The ITAT has ruled that taxpayers can claim Section 54 exemption on capital gains for properties purchased outside India, provided the investment was

Clipped from: https://www.financialexpress.com/market/hdfc-bank-hits-52-week-low-on-chairmans-exit-jefferies-sees-47-upside-is-the-private-lender-a-buy-now-4177931/?ref=hometop_hp HDFC Bank stock plunges after chairman’s sudden exit; Jefferies sees 47% upside—track updates and analyst views now. HDFC Bank: Jefferies sees 47% upside

lipped from: https://economictimes.indiatimes.com/wealth/tax/property-buyer-deposited-tds-in-wrong-year-how-form-71-can-help-sellers-claim-credit-and-rectify-the-error-within-2-years/articleshow/129673230.cms ET OnlineProperty buyer made error in deducting TDS from sale consideration? File Form 71 within two years to rectify this error; Know how

Clipped from: https://www.thehindubusinessline.com/news/world/us-national-debt-surpasses-usd-39-trillion-amid-iran-war-costs/article70759707.ece Experts warn rising debt will increase borrowing costs, lower wages, and make goods more expensive. Analysts highlight long-term fiscal risks, with the next

lipped from: https://www.financialexpress.com/money/last-chance-to-fix-itr-errors-how-itr-u-works-and-who-can-file-to-report-missed-income-4176843/ Have you missed reporting income or made mistakes in your Income Tax Return (ITR)? There is still a window to correct it. Taxpayers can use

Clipped from: https://economictimes.indiatimes.com/wealth/tax/sold-two-farm-lands-for-rs-8-75-crore-capital-gains-but-paid-no-tax-or-filed-itr-itat-ahmedabad-rules-in-favour-of-taxpayer/articleshow/129654564.cms ET OnlineMan sold two agricultural land and earned Rs 8.75 crore capital gains, files no ITR and paid no tax, Income Tax Dept

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/tenancy-ended-due-to-demolition-of-building-law-allows-tenants-to-claim-compensation-or-alternative-accommodation/articleshow/129653386.cms ET OnlineTenants can get compensation for premature termination of tenancy or demand rehousing after demolition of landlord’s building (AI generated representative image) The Allahabad

Clipped from: https://economictimes.indiatimes.com/news/defence/iran-nuclear-weapon-trumps-biggest-iran-challenge-lies-buried-under-a-heap-of-rubble/articleshow/129652149.cms Synopsis The US-led strikes on Iran have shifted focus from damaging military capabilities to dealing with large stockpiles of enriched uranium buried at

Clipped from: https://taxguru.in/income-tax/section-562xaddition-set-ao-failed-refer-property-valuation-dvo-itat-mumbai.html Naynish Harishchandra Rahane Vs ITO (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT), Mumbai, considered an appeal filed by the assessee against the