Day: February 1, 2026
Assessment framed on basis of mechanical approval u/s. 153D is not tenable
Clipped from: https://taxguru.in/income-tax/assessment-framed-basis-mechanical-approval-u-s-153d-tenable.html Saroj Bala Vs ACIT (ITAT Patna) ITAT Patna held that consolidated approval under section 153D of the Income Tax Act granted in mechanical
Jurisdictional Assessing Officer not authorized to issue notice u/s. 148 post faceless mechanism
Clipped from: https://taxguru.in/income-tax/jurisdictional-assessing-officer-authorized-issue-notice-u-s-148-post-faceless-mechanism.html Krishnaveni Kokkula Vs ITO (ITAT Hyderabad) ITAT Hyderabad held that issuance of notice under section 148 of the Income Tax Act by Jurisdictional
Return Filing Mistake Can Be Rectified If U/s 143(1) Intimation Not Served
Clipped from: https://taxguru.in/income-tax/return-filing-mistake-rectified-143-1-intimation-served.html Krishnaping Alloys Ltd. Vs ACIT (ITAT Mumbai) Rectification for Return-Filing Mistake Revived; Mere Dispatch Entry Not Proof of 143(1) Service The assessee’s return
Editorial. Growth strategy – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/growth-strategy/article70566234.ece Survey cites global risks to robust economy Chief Economic Adviser, Dr. V. Anantha Nageswaran, during a press conference after tabling of Economic Survey
Editorial. Golden lessons – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/golden-lessons/article70569835.ece Sovereign gold bonds offer some policy lessons The skyrocketing gold prices have added to the government’s fiscal stress | Photo Credit: brightstars As
India holds the line while others slip in fiscal prudence – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/india-holds-the-line-while-others-slip-in-fiscal-prudence/article70575170.ece Lower deficits and stable yields leave India better positioned compared to major economies Starting from FY27, India will pivot to the debt-to-GDP ratio
Why is it so hard to replace the US dollar? | Trump | US Economy | Fed | Rupee vs Dollar | Brics
lipped from: https://www.business-standard.com/video-gallery/general/why-is-it-so-hard-to-replace-the-us-dollar-trump-us-economy-fed-rupee-vs-dollar-brics-177629.htm With BRICS intensifying efforts to build an alternative global financial system and US President Donald Trump threatening tariffs in response, talk of de-dollarisation
Does remarriage change family pension rights? Delhi High Court clears rules | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/does-remarriage-change-family-pension-rights-delhi-high-court-clears-rules-126013000933_1.html Remarriage does not end a widow’s entitlement, says court in interpretation of Central Civil Services (Pension) Rules Delhi High Court family pension Listen