Day: November 18, 2025

Clipped from: https://www.financialexpress.com/money/income-tax-rules-taxpayers-lose-their-refunds-if-they-file-a-belated-itr-in-202526-lets-find-it-4048103/ Many taxpayers wrongly believe that they won’t get an income tax refund if they miss the July 31 deadline and file a belated

Clipped from: https://www.financialexpress.com/money/wrong-refunds-claim-surge-cbdt-chief-explains-why-refunds-are-stuck-4048613/ The Income Tax Department has initiated a slew of measures, including penalties and prosecution, to improve transparency in income tax return (ITR) filing, processing and

Clipped from: https://www.financialexpress.com/money/more-relief-likely-for-homebuyers-under-insolvency-regime-4048706/ ‘Not making timely claims shouldn’t deprive real estate allottees of their dues,’ says IBBI. In a new discussion paper, the IBBI noted that

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/parents-to-get-rs-8-lakh-after-19-year-ordeal-of-losing-their-son-in-a-train-accident-due-to-overcrowding-by-ticketless-passengers-mp-hc-order/articleshow/125403085.cms Listen to this article in summarized format On October 17, 2025, the Madhya Pradesh High Court provided relief to the parents of the Late Gurmeet

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/wife-misses-loan-payments-bank-recovers-dues-from-husbands-pension-kept-in-joint-bank-a/c-odisha-hc-tells-bank-to-return-money/articleshow/125401939.cms Listen to this article in summarized format On October 17, 2025, the Odisha High Court provided relief to Mr. Mallick, a retired man

Clipped from: https://www.taxscan.in/top-stories/income-tax-scns-missed-after-accounts-executive-resigned-but-records-show-updated-email-actively-used-madras-hc-quashes-with-cost-of-50k-to-cancer-institute-1437426 The Court was inclined to provide one final opportunity to the petitioner to present its case, as the impugned order had been passed

Clipped from: https://www.taxscan.in/top-stories/wrong-tax-advice-not-a-sufficient-cause-for-day-delay-itat-says-assessee-cannot-shift-entire-blame-to-consultant-1437424 The Tribunal held that reliance on a tax consultant’s erroneous advice does not amount to “sufficient cause” under Section 5 of the Limitation

Clipped from: https://www.business-standard.com/industry/news/govt-in-talks-with-industry-to-reduce-dpdp-rules-compliance-timelines-125111701441_1.html Ashwini Vaishnaw said the Centre is consulting industry to cut the 18-month window for implementing new data protection requirements Ashwini Vaishnaw, Minister for

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/want-to-transfer-your-assets-here-are-5-tools-for-a-smooth-inheritance/slideshow/125380452.cms Gift deed It is a legal document that allows a person to voluntarily transfer movable or immovable assets. The transfer happens without any

Clipped from: https://www.business-standard.com/opinion/columns/decade-long-delay-in-insolvency-protections-leaves-families-vulnerable-125111701628_1.html Two recent developments heighten the constitutional and legislative rationale for bringing this protection into effect There is also a pragmatic administrative advantage. A

Clipped from: https://www.business-standard.com/opinion/columns/the-good-run-of-inflation-targeting-keep-the-framework-improve-data-125111701645_1.html India’s formal adoption of inflation targeting in 2016 marked a fundamental shift in the way monetary policy was conducted In this context, making

Clipped from: https://www.business-standard.com/opinion/editorial/data-governance-india-s-dpdp-rules-will-offer-individuals-protection-125111701614_1.html The rules as a whole offer individuals more protection and greater knowledge about who is collecting and holding data, and also some control

Clipped from: https://www.business-standard.com/finance/personal-finance/digital-life-certificate-rejected-here-s-why-it-happens-and-how-to-fix-it-125111700423_1.html From mismatched Aadhaar details to weak fingerprints, several issues can stall your pension For many central and state government pensioners, the digital life

Clipped from: https://www.financialexpress.com/money/income-tax-itr-refund-status-2025-delays-due-to-red-flagged-claims-says-cbdt-chairman-4047477/ CBDT chief Ravi Agrawal said on Monday that delays in Income Tax refunds are due to analysis of high-value or flagged claims. Low-value