Author: Anil R Tikotekar

Clipped from: https://www.thehindubusinessline.com/news/world/us-national-debt-surpasses-usd-39-trillion-amid-iran-war-costs/article70759707.ece Experts warn rising debt will increase borrowing costs, lower wages, and make goods more expensive. Analysts highlight long-term fiscal risks, with the next

lipped from: https://www.financialexpress.com/money/last-chance-to-fix-itr-errors-how-itr-u-works-and-who-can-file-to-report-missed-income-4176843/ Have you missed reporting income or made mistakes in your Income Tax Return (ITR)? There is still a window to correct it. Taxpayers can use

Clipped from: https://economictimes.indiatimes.com/wealth/tax/sold-two-farm-lands-for-rs-8-75-crore-capital-gains-but-paid-no-tax-or-filed-itr-itat-ahmedabad-rules-in-favour-of-taxpayer/articleshow/129654564.cms ET OnlineMan sold two agricultural land and earned Rs 8.75 crore capital gains, files no ITR and paid no tax, Income Tax Dept

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/tenancy-ended-due-to-demolition-of-building-law-allows-tenants-to-claim-compensation-or-alternative-accommodation/articleshow/129653386.cms ET OnlineTenants can get compensation for premature termination of tenancy or demand rehousing after demolition of landlord’s building (AI generated representative image) The Allahabad

Clipped from: https://economictimes.indiatimes.com/news/defence/iran-nuclear-weapon-trumps-biggest-iran-challenge-lies-buried-under-a-heap-of-rubble/articleshow/129652149.cms Synopsis The US-led strikes on Iran have shifted focus from damaging military capabilities to dealing with large stockpiles of enriched uranium buried at

Clipped from: https://taxguru.in/income-tax/section-562xaddition-set-ao-failed-refer-property-valuation-dvo-itat-mumbai.html Naynish Harishchandra Rahane Vs ITO (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT), Mumbai, considered an appeal filed by the assessee against the

Clipped from: https://www.business-standard.com/india-news/sc-urges-law-on-paternity-leave-strikes-down-cap-on-adoptive-benefits-126031701155_1.html Adoptive mothers to avail of benefits irrespective of child’s age In the course of its ruling, the court underscored the absence of a

Clipped from: https://www.business-standard.com/industry/news/delhi-hc-seeks-response-from-centre-cdsco-over-misuse-of-diabetes-drugs-126031701148_1.html The matter has been posted for hearing on May 21 Delhi High Court seeks answers from regulators over alleged inaction on misuse of

Clipped from: https://www.business-standard.com/opinion/columns/when-resolution-becomes-recovery-shift-towards-enforcement-framework-126031701395_1.html The IBC was designed to address collective action problems and prevent a race for enforcement that destroys going-concern value Illustration: Binay Sinha Listen

Clipped from: https://www.financialexpress.com/business/news/economic-hit-from-war-could-be-fairly-significant-cea/4175877/?ref=hometop_hp A sustained rise in crude oil prices to $130 could significantly impact India’s growth, inflation and fiscal balance, according to the Chief Economic

Clipped from: https://www.business-standard.com/finance/personal-finance/think-your-father-s-property-is-yours-by-right-not-always-court-ruling-126031700660_1.html Not all family property is shared by birthright, ownership depends on whether assets are ancestral or self-acquiredPhoto: Shutterstock Listen to This Article A

Clipped from: https://www.financialexpress.com/money/taxpayer-earns-rs-40-lakh-capital-gains-from-house-sale-reinvests-in-new-property-but-tax-relief-denied-itat-steps-in-4174443/ The Income Tax Appellate Tribunal allowed Section 54 exemption to a taxpayer who failed to deposit capital gains in the Capital Gains Account