Month: August 2026
AI as decision-maker: Consent not enough
https://www.financialexpress.com/opinion/ai-as-decision-maker-consent-not-enough/4322980 Beyond Consent: Why the DPDP Act Leaves Gaps in AI Governance and Algorithmic Decisions By Harsh Walia, Partner, Khaitan & Co With the advent
Your queries on income tax: Construct house within 3 yrs from capital gains to save tax
https://www.financialexpress.com/money/your-queries-on-income-tax-construct-house-within-3-yrs-from-capital-gains-to-save-tax-4322857 l Can I invest the money I get from selling a flat in Jaipur to buy a plot of land in my hometown? I
TaxGuru
Agarwal Industries Pvt Ltd Vs DCIT (Telangana High Court) Summary: The Telangana High Court allowed the appeal under Section 260A of the Income Tax Act,
TaxGuru
Summary: The ITAT Nagpur in Nirmal Kumar Agrawal Vs ACIT allowed the assessee’s appeal concerning jewellery found during a search under section 132. The Tribunal considered the
Telangana HC Sets Aside Section 68 Additions on Explained Rs.5.25 Crore Cash Credits
Read more at: https://taxguru.in/income-tax/telangana-hc-sets-section-68-additions-explained-rs-5-25-crore-cash-credits.html?utm_source=follow.it Copyright © Taxguru.in Agarwal Industries Pvt Ltd Vs DCIT (Telangana High Court) Summary: The Telangana High Court allowed the appeal under Section
Vokkaligara Thimmaiah Dinesh Kumar Bychanhally Vs ITO (ITAT Bangalore)
Read more at: https://taxguru.in/income-tax/bangalore-itat-deletes-rs-3-31-crore-section-68-addition-journal-entry-not-unexplained.html?utm_source=follow.it Copyright © Taxguru.in Bangalore ITAT Deletes ₹3.31-Crore Section 68 Addition: Journal Entry Recording Pre-existing Assets Is Not Unexplained Cash Credit The assessee,
Wife’s Jewellery Not Taxable in Husband’s Hands: ITAT Nagpur Deletes Addition
Read more at: https://taxguru.in/income-tax/wifes-jewellery-not-taxable-husbands-hands-itat-nagpur-deletes-addition.html?utm_source=follow.it Copyright © Taxguru.in Summary: The ITAT Nagpur in Nirmal Kumar Agrawal Vs ACIT allowed the assessee’s appeal concerning jewellery found during a search under
My Child Sent Money from Abroad: Is It Taxable? What Are the FEMA Rules?
Read more at: https://taxguru.in/rbi/child-money-taxable-fema-rules.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/rbi/child-money-taxable-fema-rules.html?utm_source=follow.it Summary:Money received in India from a child or other relative living abroad is not, by itself, taxable merely