Clipped from: https://taxguru.in/income-tax/reassessment-based-mechanical-148ad-order-speaking-reasons-invalid.html Indus Valley Promoters Ltd. Vs DCIT (ITAT Delhi) Mechanical Reopening – No Reasons, No Reassessment- Blank 148A(d) Order Invalidates Reassessment: ITAT Delhi -Speaking
Day: September 11, 2025
*******AIS mismatch – ITR filing 2025: How taxpayers can fix AIS mismatches; lessons from a Rs 5 lakh error case – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-2025-how-taxpayers-can-fix-ais-mismatches-lessons-from-a-rs-5-lakh-error-case-493556-2025-09-11 A ₹5 lakh mismatch in a taxpayer’s Annual Information Statement (AIS) highlights how small errors can trigger tax notices. Tax Buddy explains how
Tax computation: Does Section 87A apply if my income is Rs 12 lakh, but total income exceeds the limit? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/tax-computation-does-section-87a-apply-if-my-income-is-rs-12-lakh-but-total-income-exceeds-the-limit-493549-2025-09-11 A resident individual earning Rs 15 lakh in FY26, with a split of Rs 12 lakh from rent/interest and Rs 3 lakh from
Fixed deposit interest – Fixed deposit interest taxation: 6–7% returns can fall below 5% after taxes, warns CA – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/fixed-interest-taxation-6-7-returns-can-fall-below-5-after-taxes-warns-ca-493455-2025-09-11 Many investors are unaware that FD interest cannot be hidden. It is reflected in your bank statements, Annual Information Statement (AIS), and Form
Capital gains: Latest LTCG and STCG rates and holding periods for various assets for AY 2025-26 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/capital-gains-latest-ltcg-and-stcg-rates-and-holding-periods-for-various-assets-for-ay-2025-26/articleshow/123827541.cms ET OnlineCapital gains: Latest tax rate and holding period for various assets for LTCG and STCG for AY 2025-26 The capital gains income
Don’t submit an ITR right away after filling the form to get one last chance to fix the errors – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/dont-submit-an-itr-right-away-after-filling-the-form-to-get-one-last-chance-to-fix-the-errors/articleshow/123827020.cms ET OnlineHere’s why you should not submit an ITR right away after filling the form (representative image) If you are planning to file
Should you pay your income tax via credit card: Here’s what you need to know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/should-you-pay-your-income-tax-via-credit-card-heres-what-you-need-to-know/articleshow/123822066.cms ET OnlineIncome tax payment via credit card allows taxpayers to settle their dues through authorised gateways partnered with banks and card issuers. As
Healthcare, medical tourism key for service lead growth, says Apollo chief Suneeta Reddy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/healthcare-medical-tourism-key-for-service-lead-growth-says-apollo-chief-suneeta-reddy/article70034333.ece On healthcare financing and capacity, Reddy suggested insurance to be critical to unlock scale and access. L-R Vishal Kampani, Vice Chairman & Managing
GST 2.0: Some relaxation in conditions for revised MRP on unsold stock likely – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-2o-some-relaxation-in-conditions-for-revised-mrp-on-unsold-stock-likely/article70034168.ece Govt urges businesses to cooperate in ensuring a smooth transition A primary concern raised was the practical difficulty of revising the MRP on
For banks, gold loans glitter as cards and personal credit lose sheen – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/gold-loans-by-banks-take-off-as-credit-card-and-personal-loans-slow/article70034162.ece The rise in gold loans is attributed to individual borrowers and MSMEs seeking alternatives to harder-to-secure personal loans, along with clearer bank guidelines
GST reforms a mini budget; market risk greater in mid, smallcaps: S Naren | Markets News – Business Standard
lipped from: https://www.business-standard.com/markets/news/gst-a-mini-budget-risks-higher-in-mid-small-caps-s-naren-icici-pru-amc-125091000357_1.html The current market cycle, Naren said, does not resemble earlier periods. Today, the macroeconomic situation is extremely strong, which was not the case
GST 2.0: Some relaxation in conditions for revised MRP on unsold stock likely – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-2o-some-relaxation-in-conditions-for-revised-mrp-on-unsold-stock-likely/article70034168.ece Govt urges businesses to cooperate in ensuring a smooth transition A primary concern raised was the practical difficulty of revising the MRP on
GST reform to cushion tariff impact; agriculture freedom can add 0.7% to GDP: CEA – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/gst-rate-cut-may-limit-tariff-impact-on-gdp-to-0203-cea-nageswaran/article70034276.ece Anantha Nageswaran stressed that agriculture reforms are critical, as empowering farmers with market freedom could add 0.5–0.7% to India’s GDP growth Speaking at
State Bank of India expects demand for corporate credit to revive – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/state-bank-of-india-expects-demand-for-corporate-credit-to-revive/article70034647.ece If bonds yields continue to harden, corporates will have to come back to the banking system: MD Amara The banking industry has been
HIRE Act could hurt IT workforce, students – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/hire-act-could-hurt-it-workforce-students/article70034592.ece The definition of “foreign person” seems to be drafted broadly to cover wages paid to non-immigrant visa holders in US IT sector: Under
For banks, gold loans glitter as cards and personal credit lose sheen – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/data-stories/data-focus/gold-loans-by-banks-take-off-as-credit-card-and-personal-loans-slow/article70034162.ece The rise in gold loans is attributed to individual borrowers and MSMEs seeking alternatives to harder-to-secure personal loans, along with clearer bank guidelines
Editorial. IT under fire – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/it-under-fire/article70034319.ece Indian IT players must heed the warning in the HIRE Bill The IT sector needs to rely less on outsourcing and focus more
India’s contract labour surge carries risks for jobs and the economy | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/india-s-contract-labour-surge-carries-risks-for-jobs-and-the-economy-125091001445_1.html Contract workers are typically not directly employed by factories but are hired through third-party agencies Evidence suggests that Indian firms have traditionally faced