Banks must tighten cyber security and operational resilience to prepare for threats posed by AI models like Mythos: Nagaraju – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/banks-must-tighten-cyber-security-and-operational-resilience-to-prepare-for-threats-posed-by-ai-models-like-mythos-nagaraju/article70950707.ece Anthropic Mythos AI model has advanced capabilities to identify and potentially exploit systems, he said DFS Secretary M Nagaraju | Photo Credit: Rajmohan
*****ITAT Condones 2659-Day Delay Because Improper Tax Advice Prevented Timely Appeal
Clipped from: https://taxguru.in/income-tax/itat-condones-2659-day-delay-because-improper-tax-advice-prevented-timely-appeal.html?utm_source=follow.it Shirol Panchayat Samitti Karmchari Sahakari Vs ITO (ITAT Pune) CIT(A) Cannot Reject Appeal Without Deciding Section 80P Claim on Merits; Delay of Over
*******Service Tax Appeal Cannot Be Rejected as Time-Barred Without Proof of Order Communication: CESTAT Bangalore
Clipped from: https://taxguru.in/service-tax/service-tax-appeal-rejected-time-barred-proof-order-communication-cestat-bangalore.html?utm_source=follow.it Nerumbally and Co Vs Commissioner of Service Tax (Appeals) (CESTAT Bangalore) Limitation Period for Service Tax Appeal Starts from Receipt of Order, Not
*****One Extra “0”, One Massive Tax Demand – ITAT Pune Comes to the Rescue of an Army Jawan
Clipped from: https://taxguru.in/income-tax/extra-0-massive-tax-demand-itat-pune-rescue-army-jawan.html?utm_source=follow.it Naveen Nath Vs ITO (ITAT Pune) The Pune ITAT granted relief to an Indian Army jawan whose income was wrongly assessed at ₹45.27 lakh merely because his
*****Section 54F Deduction Cannot Be Denied Without Adequate Opportunity to Furnish Evidence
lipped from: https://taxguru.in/income-tax/section-54f-deduction-denied-adequate-opportunity-furnish-evidence.html?utm_source=follow.it Section 54F of the Income Tax Act, 1961 provides a valuable capital gains exemption to taxpayers who invest the net sale consideration from a long-term
*Cash Deposits in Bank Account Cannot Be Treated as Undisclosed Income Without Proper Consideration: ITAT Sets Aside ₹81.14 Lakh Addition [Read Order]
Clipped from: https://www.taxscan.in/top-stories/cash-deposits-in-bank-account-cannot-be-treated-as-undisclosed-income-without-proper-consideration-itat-sets-aside-8114-lakh-addition-1445655 ITAT sets aside addition on bank deposits lacking proper consideration The Income Tax Appellate Tribunal (ITAT) Kolkata Bench has held that cash deposits
WhatsApp security flaws could expose devices to attacks, warns Cert-In | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/whatsapp-security-flaws-cert-in-warns-cyberattack-126050600842_1.html Cert-In has warned WhatsApp users about multiple security flaws that could allow attackers to execute malicious code and gain unauthorised access on affected
WhatsApp security flaws could expose devices to attacks, warns Cert-In | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/whatsapp-security-flaws-cert-in-warns-cyberattack-126050600842_1.html Cert-In has warned WhatsApp users about multiple security flaws that could allow attackers to execute malicious code and gain unauthorised access on affected
Review cyber risks in 2 moths: RBI to banks – Business News | The Financial Express
Clipped from: https://www.financialexpress.com/business/news-review-cyber-risks-in-2-moths-rbi-to-banks-4233706/ Reserve Bank of India asks banks to review cybersecurity readiness within two months amid rising AI-driven threats and system vulnerabilities. Banks to assess
RBI continues to bring more gold back to India. Here’s why – BusinessToday
Clipped from: https://www.businesstoday.in/industry/banks/story/rbi-continues-to-bring-more-gold-back-to-india-heres-why-530171-2026-05-06 In March 2023, 437.22 metric tonnes of gold were held overseas in safe custody with the BOE and the Bank for International Settlements.
Divorced daughter eligible for father’s pension if dependency proven, rules high court – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/divorced-daughter-eligible-for-fathers-pension-if-dependency-proven-rules-high-court/articleshow/130854097.cms ET OnlineDivorced daughter deserted by her husband can get her late father’s family pension if her dependency on the father existed during his
Rural banks get cyber security boost – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance-rural-banks-get-cyber-security-boost-4233835/ To address this gap, the Bankers Institute of Rural Development (BIRD), a Lucknow-based institute affiliated with NABARD, has set up a dedicated Cyber Security Lab to provide a
Tax-free allowances rise, so do employer costs: The salary structuring dilemma under the Social Security Code – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-free-allowances-rise-so-do-employer-costs-the-salary-structuring-dilemma-under-the-social-security-code/articleshow/130828148.cms Listen to this article in summarized format New Income Tax Rules, 2026 rules offer increased tax-free allowances for salaried employees, potentially boosting take-home pay. However,
Power of Attorney in Tax Proceedings: Legal Validity & Scope
Clipped from: https://taxguru.in/corporate-law/power-attorney-tax-proceedings-legal-validity-scope.html?utm_source=follow.it 1. Introduction In day-to-day tax practice, representation is not just a convenience—it is often a necessity. Given the increasing complexity of tax laws
Old v New Regime –which one suits you ?– Courtesy ET
Clipped from: https://economictimes.indiatimes.com/wealth/tax/old-vs-new-tax-regime-key-differences-that-you-must-know-before-itr-filing-for-tax-year-2026-27/articleshow/130801415.cms Listen to this article in summarized format At first glance, the new tax regime seems like a great deal. With lower tax rates
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