Clipped from: https://www.financialexpress.com/business/news/ibbi-proposes-rules-for-out-of-court-resolution-in-bankruptcy-cases/4209508/?ref=hometop_hp The IBBI has released a discussion paper on Creditor-Initiated Insolvency Resolution Process (CIIRP) under the IBC Amendment Act 2026. IBBI Proposes Fast-Track Out-of-Court
Hidden risks in mortgaged properties: Essential due diligence steps for safe buying – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/hidden-risks-in-mortgaged-properties-essential-due-diligence-steps-for-safe-buying/articleshow/130335152.cms While purchasing any land or property, there are several factors to consider, especially if the seller had previously mortgaged the land or property before
income tax news, Form 188, gratuity, superannuation, Personal Finance, Business news, Economic News, मराठी अर्थवृत्त, महाराष्ट्र टाइम्स, Maharashtra times
lipped from: https://maharashtratimes.com/business/business-news/what-is-form-188-income-tax-department-approval-for-gratuity-superannuation-fund/articleshow/130348029.cms Personal Finance: आयकर विभागाच्या नवीन नियमांनुसार, लागू केलेला फॉर्म 188 कोणत्याही कंपनीने न भरल्यास कंपनीने कर्मचाऱ्यांच्या निवृत्ती रक्कमेसाठी जमा केलेल्या फंडवर कर आकारला
Govt debunks viral claim of mandatory tax clearance for all travellers leaving country – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/govt-debunks-viral-claim-of-mandatory-tax-clearance-for-all-travellers-leaving-country-4211774/ Government debunks viral claim that all Indians need an Income-tax Clearance Certificate to travel abroad, clarifying that ITCC applies only in rare cases
ITAT Bangalore Remands ₹49L Sec 68 Addition & ₹3.74L TDS Disallowance for Fresh Verification
Clipped from: https://taxguru.in/income-tax/unverified-sundry-creditors-40-a-ia-issues-remanded-bang-itat-slams-non-speaking-order.html Shanker Mahadevan Iyer Vs ITO (ITAT Bangalore) The Bangalore ITAT set aside additions relating to sundry creditors (₹49.43 lakh) and TDS disallowance u/s 40(a)(ia) (₹3.74 lakh),
ITAT Deletes ₹12.69 Cr Addition, Upholds Loan Repayment Not Taxable as Unexplained Credit [Read Order]
lipped from: https://www.taxscan.in/top-stories/itat-deletes-1269-cr-addition-upholds-loan-repayment-not-taxable-as-unexplained-credit-1444996 ITAT held that loan repayments cannot be treated as unexplained cash credits under Section 68. The Income Tax Appellate Tribunal (ITAT) Mumbai Bench
Repayment of Short-Term Deposit Cannot be Treated as Unexplained Cash Credit: ITAT Deletes ₹26 Cr Addition [Read Order]
Clipped from: https://www.taxscan.in/top-stories/repayment-of-short-term-deposit-cannot-be-treated-as-unexplained-cash-credit-itat-deletes-26-cr-addition-1445084 ITAT held that repayment of short-term deposits through banking channels cannot be treated as unexplained cash credit under Section 68. The Income Tax
Nominee vs legal heir: Why your PF, gratuity may not go where you think
Clipped from: https://www.business-standard.com/finance/personal-finance/nominee-vs-legal-heir-why-your-pf-gratuity-may-not-go-where-you-think-126041701064_1.html Nomination enables payout, but ownership follows the will or succession law, says expert A nominee in provident fund (PF) or gratuity does not
*Misreported income? This can cost you 200% tax penalty — What you should know – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/misreported-income-this-can-cost-you-200-tax-penalty-what-you-should-know-526204-2026-04-17 Misreporting your income in ITR can lead to steep penalties of up to 200% of the tax due under Section 270A. Even small
Gold loan boom sees early stress; delinquencies rise with borrower leverage
Clipped from: https://www.business-standard.com/finance/personal-finance/gold-loan-boom-sees-stress-as-delinquencies-rise-with-borrower-leverage-126041500456_1.html Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for