https://economictimes.indiatimes.com/news/newsblogs/breaking-news-live-updates-november-3-politics-cyclone-cjp-pm-modi-weather-supreme-court-israle-iran-war-trump-midterms-election-sports-rahul-gandhi-india-bloc-protests/liveblog/135478707.cms The Central Bureau of Investigation (CBI) has arrested Deepanshi, an Office Assistant/Sub Staff member at Punjab National Bank’s Pi Branch in Greater Noida, and
LTCG abolition may cost just Rs 40,000–50,000 crore, SBI estimates show
Read more at:https://economictimes.indiatimes.com/markets/stocks/news/ltcg-abolition-may-cost-just-rs-4000050000-crore-sbi-estimates-show/articleshow/135482799.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/markets/stocks/news/ltcg-abolition-may-cost-just-rs-4000050000-crore-sbi-estimates-show/articleshow/135482799.cms SBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,000–50,000 crore in FY27, far
India’s illegal gold imports surge 1,500% after tax hike
Read more at:https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/indias-illegal-gold-imports-surge-1500-after-tax-hike-world-gold-council/articleshow/135500540.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst India’s illegal gold imports surged more than 1,500% in the July-September quarter as higher import duties encouraged traders to increasingly rely on
03.11.2026-Mechanical Section 151 Approval Invalidates Income Tax Reassessment-Bombay HC
https://taxguru.in/income-tax/mechanical-section-151-approval-invalidates-income-tax-reassessment-bombay-hc.html?utm_source=follow.it Summary: The Bombay High Court, comprising Justice K. R. Shriram and Justice Kamal Khata, allowed the writ petition filed by Bhavesh Maganlal Dharod challenging
Mechanical Section 151 Approval Invalidates Income Tax Reassessment: Bombay HC
Read more at: https://taxguru.in/income-tax/mechanical-section-151-approval-invalidates-income-tax-reassessment-bombay-hc.html Copyright © Taxguru.in Summary: The Bombay High Court, comprising Justice K. R. Shriram and Justice Kamal Khata, allowed the writ petition
Bombay High Court Upholds Reassessment Despite Disputed ₹50 Lakh Escapement Threshold
Read more at: https://taxguru.in/income-tax/bombay-high-court-upholds-reassessment-disputed-rs-50-lakh-escapement-threshold.html Copyright © Taxguru.in Summary; The Bombay High Court at Goa examined a writ petition filed by Molbio Diagnostics Limited challenging an
Reassessment Based on Audit Objection Cannot Override Change of Opinion: Delhi HC
Read more at: https://taxguru.in/income-tax/reassessment-based-audit-objection-cannot-override-change-opinion-delhi-hc.html Copyright © Taxguru.in Summary: The Delhi High Court examined a writ petition filed by Springer Healthcare Limited, a tax resident of
Reassessment on Change of Opinion Invalid Even Within Four Years: Supreme Court
Read more at: https://taxguru.in/income-tax/reassessment-change-opinion-invalid-years-supreme-court.html Copyright © Taxguru.in Summary: The Supreme Court upheld the Madras High Court’s decision quashing reassessment proceedings initiated against Financial Software and
Reassessment Initiated Before Assessee’s Death Can Continue Against Legal Heir: Delhi HC
Read more at: https://taxguru.in/corporate-law/reassessment-initiated-assessees-death-continue-against-legal-heir-delhi-hc.html Copyright © Taxguru.in Summary: The Delhi High Court, in the case of Vijaya Garg Through Legal Heir Amit Garg Vs ITO,
CERT-In may Get Powers to Enforce Cyber Commands
Read more at:https://economictimes.indiatimes.com/et-front/cert-in-may-get-powers-to-enforce-cyber-commands/articleshow/135475038.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://epaper.indiatimes.com/english-news-paper-today-toi-print-edition/2nd-nov-2026/sc-upholds-hc-order-allowing-i-t-to-reassess-income-of-ex-cjis-sons/printarticle/135438631.cms?redirectionSource=TOIWeb&_gl=1*q89jjm*_ga*MjA4MjI2Nzg2MC4xNzg2OTgyNzEz*_ga_FCN624MN68*c05hTiRvMSRnMCRqNjAkbDAkaDA.&tophead=epaper The government is considering granting enforcement powers to India’s nodal cybersecurity agency — similar to the approach taken by the US
SC upholds HC order allowing I-T to reassess income of ex-CJI’s sons
https://epaper.indiatimes.com/english-news-paper-today-toi-print-edition/2nd-nov-2026/sc-upholds-hc-order-allowing-i-t-to-reassess-income-of-ex-cjis-sons/printarticle/135438631.cms?redirectionSource=TOIWeb&_gl=1*q89jjm*_ga*MjA4MjI2Nzg2MC4xNzg2OTgyNzEz*_ga_FCN624MN68*c05hTiRvMSRnMCRqNjAkbDAkaDA.&tophead=epaper Times News NetworkNew Delhi: Holding that the income tax department is not precluded from conducting reassessment upon discovering evidence suggesting income had escaped assessment,
Sold property? You may pay zero tax if these Section 82 rules under Income Tax Act 2025 are met
Read more at:https://economictimes.indiatimes.com/wealth/tax/sold-property-you-may-pay-zero-tax-if-these-section-82-rules-under-income-tax-act-2025-are-met/articleshow/135442240.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Follow Section 82 to save tax from property sale From April 1, 2026, Tax Year 2026-2027 has started and this means the
Income Tax 2026: 3 key changes in deductions & exemptions every taxpayer must know
Read more at:https://economictimes.indiatimes.com/wealth/tax/income-tax-2026-3-key-changes-in-deductions-exemptions-every-taxpayer-must-know/articleshow/135443393.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst From April 1, 2026, the Income Tax Act, 2025 is applicable and this means all the changes announced in Budget 2026 are
