https://www.taxscan.in/income-tax/woman-holds-two-pans-before-and-after-marriage-faces-rs-569-crore-income-addition-over-bank-transactions-itat-orders-fresh-verification-read-order The Rajkot Bench of the Income Tax Appellate Tribunal (ITAT) ordered fresh verification of a Rs. 5.69 crore income addition made against a woman
*******Entire Stamp Duty Difference on Joint Property added in One Co-Purchaser’s Hands: ITAT Directs AO to Refer Matter to DVO
https://www.taxscan.in/income-tax/entire-stamp-duty-difference-on-joint-property-added-in-one-co-purchasers-hands-itat-directs-ao-to-refer-matter-to-dvo-read-order The Income Tax Appellate Tribunal (ITAT), SMC Bench, Kolkata, directed the Assessing Officer (AO) to refer the valuation of a jointly purchased property, where
SBI hit by cyberattack, customer data leaked on dark web: All you need to know
SBI hit by cyberattack, customer data leaked on dark web: All you need to know https://economictimes.indiatimes.com/tech/technology/sbi-hit-by-cyberattack-customer-data-leaked-on-dark-web-all-you-need-to-know/articleshow/135084283.cms Download Economic Times App to stay updated with Business
***UPI limit: What happens if you transfer Rs 1 lakh through multiple transactions in a day?
https://www.financialexpress.com/money/upi-limit-what-happens-if-you-transfer-rs-1-lakh-through-multiple-transactions-in-a-day-4365540 As per the announcement, UPI payments above Rs 2,000 carry an MDR of 0.4%. The Merchant Discount Rate (MDR) framework for Unified Payments Interface
*******Woman declares Rs 4.8 lakh income, has Rs 50 lakh LIC policy: Why she lost her ITAT case
https://www.financialexpress.com/money/woman-has-rs-50-lakh-lic-policy-earns-rs-4-81-lakh-why-itat-rejected-her-claim-4365539 A life insurance policy worth Rs 50 lakh can raise questions about the source of funds if the investment does not match the income
*****Rising bond yields add to banks’ ECL transition burden
https://www.financialexpress.com/business/banking-finance-rising-bond-yields-add-to-banks-ecl-transition-burden-4365594 Rising government bond yields are threatening to increase the cost of banks’ transition to new accounting norms from April 2027. While most banks have
*******Rs 24 crore cash sales in Form 26AS, Rs 4-crore tax demand: How a five-star hotel cook won his case in Delhi High Court
Read more at:https://economictimes.indiatimes.com/wealth/tax/rs-24-crore-cash-sales-in-form-26as-rs-4-crore-tax-demand-how-a-five-star-hotel-cook-won-his-case-in-delhi-high-court/articleshow/135060043.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst On February 26, 2024, Mr Lalit who worked as a cook in Hotel Ashoka, got an income tax notice.The notice claimed that
Society
पुणे : ‘राज्य सरकारने ३० सप्टेंबर २०२६ रोजी सहकारी गृहनिर्माण संस्थांच्या पुनर्विकासाबाबत जारी केलेल्या नवीन शासन निर्णयामुळे पुनर्विकास प्रक्रियेत अधिक पारदर्शकता, स्पष्टता आणि शिस्त येण्यास