AI new way of running a bank’ RBI Governor Sanjay Malhotra outlines governance roadmap, flags 7 AI risks
Paid Rs 6.5 crore and bought a property with stamp duty value of Rs 8.85 crore, got income tax notice for unexplained investment; He fought back won relief in ITAT
Read more at:https://economictimes.indiatimes.com/wealth/tax/paid-rs-6-5-crore-and-bought-a-property-with-stamp-duty-value-of-rs-8-85-crore-got-income-tax-notice-for-unexplained-investment-he-fought-back-won-relief-in-itat/articleshow/133149184.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When a property buyer from Veera Desai Road, Andheri West, Mumbai purchased a property in Pune for Rs 6.5 crore in AY 2017-18, he
*****‘AI new way of running a bank’: RBI Governor Sanjay Malhotra outlines governance roadmap, flags 7 AI risks
Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged Indian banks to embrace artificial intelligence (AI) as a major tool to transform lending, financial inclusion, customer service, operational efficiency
Senior citizen couple was denied full access to their reserved berths due to overcrowding; they pursued the matter against Indian Railways in consumer commission and won Rs 50,000 in damages
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/senior-citizen-couple-was-denied-full-access-to-their-reserved-berths-due-to-overcrowding-they-pursued-the-matter-against-indian-railways-in-consumer-commission-and-won-rs-50000-in-damages/articleshow/133150767.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst waiting list and ticketless passengers occupying their reserved seats. They requested the occupants to vacate their reserved seats, but the occupants refused
Sold property for Rs 94 lakh despite a stamp value of Rs 1.93 crore, received an income tax notice under Section 50C; ITAT Chennai grants relief for this reason
Read more at:https://economictimes.indiatimes.com/wealth/tax/sold-property-for-rs-94-lakh-despite-a-stamp-value-of-rs-1-93-crore-received-an-income-tax-notice-under-section-50c-itat-chennai-grants-relief-for-this-reason/articleshow/133100955.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mr Pragalanadane from the ERI Scheme Moggappair, West Chennai, sold a property in Chennai for Rs 94 lakh during AY 2017-18. However,
*******How should my NRI children disclose gifts received from relatives in ITR-2?
Read more at:https://economictimes.indiatimes.com/wealth/tax/how-should-my-nri-children-disclose-gifts-received-from-relatives-in-itr-2/articleshow/133143816.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst These are a set of queries raised by ET Wealth readers, which have been answered by our panel of experts. My two
India is scanning more and withdrawing less as digital payments take over
Read more at:https://economictimes.indiatimes.com/industry/banking/finance/india-is-scanning-more-and-withdrawing-less-as-digital-payments-take-over/articleshow/133132711.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst India’s payments network is shifting towards software-based channels, with UPI QR codes and online card transactions growing while ATMs and other hardware-based
Daughter vs father legal fight over PPF amount: Can a parent withdraw money from their child’s PPF? Here’s what court said
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/daughter-vs-father-legal-fight-over-ppf-amount-can-a-parent-withdraw-money-from-their-childs-ppf-heres-what-court-said/articleshow/133090236.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Can a father withdraw PPF investments made by him in the name of his daughter, to use the money for her maintenance? A recent
*****Your nominee died before you? Here’s what happens to your money next
https://economictimes.indiatimes.com/wealth/legal/will/your-nominee-died-before-you-heres-what-happens-to-your-money-next/your-nominee-died-before-you-heres-what-happens-to-your-money/slideshow/133080282.cms 1/7 Your nominee died before you: Here’s what happens to your money If the person you named as your nominee passes away before you
Parents wins back their flat gifted to son as tribunal finds son failed to take care of parents; Bombay HC orders son to vacate the property
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/parents-wins-back-their-flat-gifted-to-son-as-tribunal-finds-son-failed-to-take-care-of-parents-bombay-hc-orders-son-to-vacate-the-property/articleshow/133094137.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst In a recent judgement, Acting Chief Justice Ravindra V. Ghuge and Justice Gautam A. Ankhad of the Bombay High Court ordered a
*****ITAT Delhi Quashes Assessment as Section 153C, Not Section 143(3), Was Applicable
Read more at: https://taxguru.in/income-tax/itat-delhi-quashes-assessment-section-153c-not-section-143-3-applicable.html Copyright © Taxguru.in https://taxguru.in/income-tax/itat-delhi-quashes-assessment-section-153c-not-section-143-3-applicable.html The Delhi Bench of the Income Tax Appellate Tribunal allowed the appeal filed by Raja Varshney against the
*****Panaji ITAT Deletes ₹32.25 Lakh Section 68 Addition After Assessee Explains Source
Read more at: https://taxguru.in/income-tax/panaji-itat-deletes-rs-32-25-lakh-section-68-addition-assessee-explains-source.html Copyright © Taxguru.in https://taxguru.in/income-tax/panaji-itat-deletes-rs-32-25-lakh-section-68-addition-assessee-explains-source.html Panaji ITAT Deletes ₹32.25 Lakh Section 68 Addition: Once Assessee Explains Nature, Source and Even “Source of Source”,