lipped from: https://www.thehindubusinessline.com/opinion/why-digital-arrest-fraud-is-rising-in-india/article70530555.ece Fraudsters are increasingly exploiting gaps in governance, banking infrastructure and citizens’ blind fear of authority India’s rapid digital expansion has not been accompanied
Category: Five Star
*****Capital gains tax – Selling assets in 2026? How to keep more of your gains and less for the taxman – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/selling-assets-in-2026-how-to-keep-more-of-your-gains-and-less-for-the-taxman-capital-gains-tax-511277-2026-01-16 Capital gains arise when the selling price of an asset exceeds its acquisition cost after adjusting for transfer expenses. While such gains are
*****Tax story – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/tax-story/article70508776.ece India’s tax base is expanding, but remains skewed For a long time, policymakers have agonised over India’s narrow tax base and tax collections
*****ITAT Condones 3,100 Days Delay, Appeal Sent Back
Clipped from: https://taxguru.in/income-tax/itat-condones-3100-days-delay-appeal.html Unnatiben Suhitbhai Gajjar Vs ITO (ITAT Ahmedabad) Extraordinary Delay of Over 3,100 Days Condoned with Costs; Matter Remanded for Adjudication: ITAT Ahmedabad The
*****Gifting of MF units to minors will not lower tax liability – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-gifting-of-mf-units-to-minors-will-not-lower-tax-liability-4102474/ Expert advice on navigating complex tax scenarios in 2026: Learn how to set off non-speculative business losses from derivatives against equity gains, the
*****Tax experts seek clarity on employment deductions available to biz | Budget 2026 News – Business Standard
Clipped from: https://www.business-standard.com/budget/news/budget-tax-experts-seek-clarity-on-additional-employee-cost-deduction-126010901167_1.html Ahead of Budget FY27, tax experts seek clarity on Section 80JJAA as ambiguities over employee cost deductions trigger scrutiny and risk disputes for
*****RBI should hold rates as growth is strong, inflation remains low: PwC | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/rbi-should-hold-rates-as-growth-is-strong-inflation-remains-low-pwc-126010900612_1.html The Reserve Bank is unlikely to cut key policy rate in the next Monetary Policy Committee (MPC) meeting next month, said PwC Partner
*****Post DPDP, information collected by banks needs revisit: RBI official | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/post-dpdp-information-collected-by-banks-needs-revisit-rbi-official-126010901200_1.html Banks must reassess the amount of customer data they collect under the DPDP Rules, while continuing to innovate responsibly with AI, an RBI
*****Employer deducted TDS but didn’t deposit it: ITAT Kolkata saves employee from Rs 14 lakh tax demand – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/employer-deducted-tds-but-didnt-deposit-it-itat-kolkata-saves-employee-from-rs-14-lakh-tax-demand/articleshow/125883350.cms On November 24, 2025, the Income Tax Appellate Tribunal (ITAT) in Kolkata provided relief to an employee who received a tax demand notice because his employer deducted
*****Man sells Delhi property, shifts to Australia; tax dept adds Rs 40 lakh as unexplained cash credit, but he wins in ITAT Delhi – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-sells-delhi-property-shifts-to-australia-tax-dept-adds-rs-40-lakh-as-unexplained-cash-credit-but-he-wins-in-itat-delhi/articleshow/125710590.cms Income Tax Appellate Tribunal (ITAT), Delhi, ruled that taxpayers can claim Section 54 capital gains tax exemption on the sale of an Indian residential property
Section 29A and the cost of treating business failure as misconduct
Clipped from: https://www.business-standard.com/opinion/columns/section-29a-and-the-cost-of-treating-business-failure-as-misconduct-126010701269_1.html The IBC must not conflate business failure with malfeasance, or an unfortunate entrepreneur with a fraudulent one Section 29A once saved India’s insolvency
*****Capital Gains Must Reflect Only Real Consideration Received: ITAT quashes S.263 Revision [Read Order]
Clipped from: https://www.taxscan.in/top-stories/capital-gains-must-reflect-only-real-consideration-received-itat-quashes-s263-revision-1437578?TRN300=cVBgJPCDSauMbeDAxEDMcKWwasZUGDMbEuaxEuPXgjgMEuFsiMcBjYDnkMcAsh&LKD333=3324504 Section 48 mandates computation of capital gains only on the “full value of consideration received or accruing to the assessee The principle that
*****20% Pre-Deposit Not Mandatory for Grant of Stay u/s 220(6) of Income Tax Act: Delhi HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/20-pre-deposit-not-mandatory-for-grant-of-stay-us-2206-of-income-tax-act-delhi-hc-1441169?TRN300=CEbwzPSucAUqBVcxGGvMSKWWASJdGUMKEShgGVqxWjwMVUfsyMSbZydqBMCaSh&LKD333=3312340 The Delhi High Court held that payment of 20% of the disputed tax demand is not a mandatory condition for grant of stay
*****Now you can access Amazon’s Alexa Plus AI assistant on web: What’s new | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/now-you-can-access-amazon-s-alexa-plus-ai-assistant-on-web-what-s-new-tech-news-amazon-s-latest-news-126010600709_1.html Amazon expands Alexa Plus to the web, allowing users to manage tasks, control smart homes, plan meals and discover content directly from a
*****Why skipping breakfast may pose a bigger health risk than you realise – The Hindu
Clipped from: https://www.thehindu.com/sci-tech/health/why-skipping-breakfast-may-pose-a-bigger-health-risk-than-you-realise/article70427446.ece Skipping breakfast may seem like a minor inconvenience, but over time, it could lead to a range of health consequences. Small, daily breakfast-related
*****December 31 ITR deadline over: Here’s the limited path to getting your tax refund – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/december-31-itr-deadline-over-heres-the-limited-path-to-getting-your-tax-refund-509528-2026-01-05 Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this
*****Tax Dept accuses lady of taking Rs 3 crore cash in property deal; ITAT Mumbai disregards WhatsApp chat evidence, says no proof, no tax – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/tax-dept-accuses-lady-of-taking-rs-3-crore-cash-in-property-deal-itat-mumbai-disregards-whatsapp-chat-evidence-says-no-proof-no-tax/articleshow/126345037.cms On October 27, 2025 Smt. Shah, a property owner from Pune, won her case at the Income Tax Appellate Tribunal (ITAT) in Mumbai. This victory came
*****Resigned or fired? Employees will now get full and final settlement money in just 2 days under new labour law – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/resigned-or-fired-employees-will-now-get-full-and-final-settlement-money-in-just-2-days-under-new-labour-law/articleshow/125589897.cms With the new labour code in place, several small details that were either informal or handled differently by various companies have now been
*****Stamp duty vs deal value: Homebuyer gets relief as ITAT Mumbai rejects addition of Rs 18 lakh income by tax dept for property valuation gap – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/stamp-duty-vs-deal-value-homebuyer-gets-relief-as-itat-mumbai-rejects-addition-of-rs-18-lakh-income-by-tax-dept-for-property-valuation-gap/articleshow/126264552.cms On December 16, 2025, the Income Tax Appellate Tribunal (ITAT) Mumbai granted relief to Mr. Naik from Bhandup, regarding an income addition made by the
*****Labour codes, social security expansion define govt’s 2025 reform push – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/labour-codes-social-security-expansion-define-govts-2025-reform-push/article70453398.ece The Ministry is also set to finalise a framework for extending social security to gig and platform workers in the coming year and
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