lipped from: https://economictimes.indiatimes.com/wealth/legal/will/lost-job-for-misconduct-psu-bank-employees-may-still-be-eligible-for-pension-check-bipartite-settlement-and-eligibility-rules/articleshow/130493797.cms Listen to this article in summarized format On September 21, 1998, at around 05:15 PM, Mr Kumar and another employee from the same
Day: April 25, 2026
Reopening Quashed: ITAT Slams Casual 148A Action Where ₹50L Threshold Not Met
Clipped from: https://taxguru.in/income-tax/reopening-quashed-itat-slams-casual-148a-action-rs-50l-threshold-met.html?utm_source=follow.it Nikhil Chandran Vs ITO (ITAT Bangalore) The Bangalore ITAT quashed the reassessment proceedings against an NRI assessee, holding that the extended limitation under Section
Gap between ATM withdrawals and cash in circulation widens, says SBI | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/currency-circulation-atm-withdrawal-gap-precautionary-cash-holding-sbi-report-126042400592_1.html Gap between per capita currency in circulation and ATM withdrawals widens sharply, reflecting precautionary cash holding even as digital payments surge to record
Is India’s inflation targeting sufficiently capturing the digital economy?
Clipped from: https://www.business-standard.com/economy/analysis/is-india-s-inflation-targeting-sufficiently-capturing-the-digital-economy-126042401055_1.html As digital payments reshape consumption patterns, questions arise over whether India’s CPI-based inflation targeting adequately reflects real transaction prices in a rapidly evolving
Rupee ‘fundamentally undervalued,’ levels may attract investors: CEA | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/rupee-fundamentally-undervalued-levels-may-attract-investors-cea-126042400114_1.html The currency has given up much of the gains fueled by the central bank’s recent measures to curb speculative arbitrage bets that had
Income tax rules 2026: What changes salaried individuals are seeing in their pay, tax filing – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-rules-2026-what-changes-salaried-individuals-are-seeing-in-their-pay-tax-filing-527133-2026-04-24 Salaried taxpayers will now experience tighter compliance requirements. Rent claims now require landlord PAN details, loan deductions need supporting documentation, and high-value transactions
*New ITR forms make compliance easier, but ask for more income details – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/new-itr-forms-make-compliance-easier-but-ask-for-more-income-detailsnbsp-4217779/ Turnover from F&O trading & intraday trades to be separately shown ITR Forms for AY 2026-27: New Disclosure Rules for F&O, Political Donations,
Your queries on income tax: NRIs have to pay capital gains tax on property sale in India – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-queries-on-income-tax-nris-have-to-pay-capital-gains-tax-on-property-sale-in-india-4217787/ Navigating the Income Tax Act, 2025: This guide covers essential tax rules for NRIs selling property in India, including TDS and treaty relief.
On-Money Addition u/s 69 Deleted – Third-Party Excel Data & Statements Held Insufficient
Clipped from: https://taxguru.in/income-tax/on-money-addition-u-s-69-deleted-third-party-excel-data-statements-held-insufficient.html?utm_source=follow.it Ghewar Chand Jain Vs DCIT (ITAT Mumbai) Mumbai ITAT deleted additions made u/s 69 towards alleged cash (on-money) payment for purchase of shop in the
U/s 263 Quashed in Search Case – PCIT Cannot Revise Without Touching U/s 153D Approval
Clipped from: https://taxguru.in/income-tax/u-s-263-quashed-search-case-pcit-revise-touching-u-s-153d-approval.html?utm_source=follow.it Shashi Kant Damodar Khandelwal Vs PCIT (ITAT Mumbai) Mumbai ITAT quashed revision proceedings initiated under Section 263 across multiple years in a search-related
Reopening Quashed for Non-Supply of Reasons – Entire Assessment Held Void
Clipped from: https://taxguru.in/income-tax/reopening-quashed-non-supply-reasons-entire-assessment-held-void.html?utm_source=follow.it M. Abbas & CO. Vs ACIT (ITAT Mumbai) Mumbai ITAT quashed reassessment proceedings holding that failure to supply the actual recorded reasons for reopening
Credit Card Payments Explained – Addition u/s 69C Deleted in Absence of Unexplained Source
Clipped from: https://taxguru.in/income-tax/credit-card-payments-explained-addition-u-s-69c-deleted-absence-unexplained-source.html?utm_source=follow.it Prateek Rahul Mehta Vs ITO (ITAT Mumbai) Mumbai ITAT deleted an addition of ₹16.61 lakh made u/s 69C towards alleged unexplained credit card payments. The
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