Clipped from: https://www.thehindubusinessline.com/info-tech/cyber-fraudstersdupe-dr-reddys-of-2-crore-by-hacking-email-communication/article70259584.ece The company received the mail from the imposters of a Bengaluru-based pharma company Cyber fraudsters siphoned off ₹2.1 crore from Dr Reddy’s Laboratories by hacking
Day: November 9, 2025
Aadhaar Data Vault: Worried about Aadhaar misuse? UIDAI has rolled out a new safety vault | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/worried-about-aadhaar-misuse-uidai-has-rolled-out-a-new-safety-vault-125110701269_1.html Organisations that have access to Aadhaar information must store it in the secure vault, says UIDAI As banks, fintechs and government agencies access
*******can any guidance be given on remittances by a son to his parents in India on…
Clipped from: https://www.perplexity.ai/search/can-any-guidance-be-given-on-r-TuooPkXFQfi4te.nXIRbHA#0 Yes, regular remittances by a son to his parents in India are permitted and are a commonly used practice for family maintenance. The
*******Receiving money from your NRI relative? How to use it and its taxation – Z-Connect by Zerodha
Clipped from: https://zerodha.com/z-connect/varsity/receiving-money-from-your-nri-relative-how-to-use-it-and-its-taxation India is one of the top countries with the largest diaspora residing in nations like the UAE, the US, and Saudi Arabia. We
*******Monthly remittances by a son to his parents –some case laws
Yes, Anil — here are some relevant case law references and interpretations that help clarify the non-taxability of gifts from relatives, especially in the context
*******Tax Treatment of Gifts– IT Department Note
18. Tax treatment of gifts.pdf https://incometaxindia.gov.in/Tutorials/18.%20Tax%20treatment%20of%20gifts.pdf
*Reassessment under s.147 and s.68 sustained for alleged LTCG due to lack of genuineness and documentary insufficiency
The ITAT upheld reassessment under s.147, finding the AO’s formation of belief was based on independent, cogent material from the Investigation Wing and not on
*******Section 56(2) exemption upheld for funds from spouse of assessee’s sister; treated as gift, not taxable income
ITAT allowed the assessee’s appeal and deleted the addition under section 56(2) arising from a purported gift, holding that the amount received from the spouse
No Coercive Recovery During Pendency of Appeal in Reassessment Case: Madras HC
Clipped from: https://taxguru.in/income-tax/coercive-recovery-pendency-appeal-reassessment-case-madras-hc.html Faiz Wahab Vs ITO (Madras High Court) In Faiz Wahab vs Income Tax Officer, the Madras High Court dealt with a writ petition challenging the
Heirs’ checklist: How to claim property, EPF, FDs, mutual funds and lockers after a death of near ones – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/heirs-checklist-how-to-claim-property-epf-fds-mutual-funds-and-lockers-after-a-death-of-near-ones-501356-2025-11-08 The death of a loved one often leaves families struggling not just emotionally, but also administratively. In India, transferring assets after a person’s
Aadhaar Card update: Lost or forgot your Aadhaar? Here’s how to retrieve it online or offline – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/aadhaar-card-update-lost-or-forgot-your-aadhaar-heres-how-to-retrieve-it-online-or-offline-4035972/ Lost or forgotten your Aadhaar card or number? The Unique Identification Authority of India (UIDAI) has made it easy to retrieve your Aadhaar
Your Queries on loans answered: NRIs must pay EMIs on home loan from NRE account – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-on-loans-answered-nris-must-pay-emis-on-home-loan-from-nre-account-4035990/ This general advice column addresses key personal finance questions, including how Non-Resident Indians (NRIs) can manage rupee-denominated home loan EMIs from abroad (via
As a foreign citizen I can’t hold joint account with my mother in India, how can we ensure smooth succession of assets? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/as-a-foreign-citizen-i-cant-hold-joint-account-with-my-mother-in-india-how-can-we-ensure-smooth-succession-of-assets/articleshow/125128363.cms ET OnlineAsset succession for NRIs Our panel of experts will answer questions related to any aspect of personal finance. If you have a
Rs 80 lakh gift from brother-in-law lands man in tax trouble; here’s how he won the case – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/rs-80-lakh-gift-from-brother-in-law-lands-man-in-tax-trouble-heres-how-he-won-the-case/articleshow/125187283.cms On November 4, 2025, the Income Tax Appellate Tribunal (ITAT) Kolkata bench ruled in favour of Dr. Choudhury, a taxpayer living in UAE, observing that
*******Wife gets tax notice for purchasing Rs 51 lakh property but not filing ITR, she fights back and wins in ITAT Ahmedabad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/wife-gets-tax-notice-for-purchasing-rs-51-lakh-property-but-not-filing-itr-she-fights-back-and-wins-in-itat-ahmedabad/articleshow/125162578.cms Wife was sent tax notice as she did not file ITR and registrar records shows her purchasing Rs 51 lakh property, wins case
Now get faster tax refunds and easier ITR corrections: New CBDT rules explained – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/now-get-faster-tax-refunds-and-easier-itr-corrections-new-cbdt-rules-explained/articleshow/125163417.cms ET OnlineIncome Tax Refund (AI generated representative image) The Central Board of Direct Taxes (CBDT), issued a notification on October 27, 2025, empowering
*******Now get faster tax refunds and easier ITR corrections: New CBDT rules explained – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/now-get-faster-tax-refunds-and-easier-itr-corrections-new-cbdt-rules-explained/articleshow/125163417.cms The Central Board of Direct Taxes (CBDT), issued a notification on October 27, 2025, empowering the Commissioner of Income Tax (CPC), Bengaluru, to exercise concurrent
*******Wife gets tax notice for purchasing Rs 51 lakh property but not filing ITR, she fights back and wins in ITAT Ahmedabad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/wife-gets-tax-notice-for-purchasing-rs-51-lakh-property-but-not-filing-itr-she-fights-back-and-wins-in-itat-ahmedabad/articleshow/125162578.cms Wife was sent tax notice as she did not file ITR and registrar records shows her purchasing Rs 51 lakh property, wins case
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