Clipped from: https://www.business-standard.com/india-news/rs-11-333-crore-lost-in-cyber-frauds-till-sep-pm-warns-of-digital-arrest-124112700589_1.html Stock trading scams emerged as the biggest culprit, with 228,094 complaints filed, incurring losses of Rs 4,636 crore (Photo: Shutterstock) India incurred losses
Category: Legal
Indians see wallets drain by Rs 485 crore in ‘UPI scams’ in FY25
Clipped from: https://www.business-standard.com/economy/news/indians-see-wallets-drained-by-rs-485-cr-in-upi-scams-124112601339_1.html Over 600,000 incidents of fraud have been reported in the ongoing financial year till September (Photo: Shutterstock) Indians have lost Rs 485 crore
👌👌👌Worrying trend of criminalising long, consensual ties after break-up: SC | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/criminalising-long-term-consensual-relations-upon-turning-sour-worrying-sc-124112601042_1.html The apex court observed if criminality was to be attached to such prolonged physical relationship at a very belated stage, it could lead
👌👌👌👌👌👌👌Reassessment notice u/s. 148 being barred by limitation is liable to be quashed: ITAT Mumbai
Clipped from: https://taxguru.in/income-tax/reassessment-notice-u-s-148-barred-limitation-liable-quashed-itat-mumbai.html ITO Vs Pushpak Realities Pvt. Ltd. (ITAT Mumbai) ITAT Mumbai held that reassessment notice issued under section 148 of the Income Tax Act
👌👌👌State GST Dept. Cannot Act if Central GST Dept. Has Initiated Proceedings on Same Matter
Clipped from: https://taxguru.in/goods-and-service-tax/state-gst-dept-act-central-gst-dept-initiated-proceedings-matter.html Baazar Style Retail Limited & Anr. Vs Deputy Commissioner of State Tax (Calcutta High Court) State GST Department not empowered to initiate proceedings
👌👌👌👌👌Date of online appeal filing be considered as date of filing GST appeal for limitation
Clipped from: https://taxguru.in/goods-and-service-tax/date-online-appeal-filing-considered-date-filing-gst-appeal-limitation.html Kasturi & Sons Pvt. Ltd. Vs Additional Commissioner of GST & Central Excise (Appeals-1) (Madras High Court) Summary: The Madras High Court, in Kasturi &
👌👌👌👌👌Know common myths and misconceptions about car warranties in India – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/insurance/story/know-common-myths-and-misconceptions-about-car-warranties-in-india-454835-2024-11-24 There are numerous false beliefs, such as the idea that service packages cover the same territory as warranties or that having auto insurance
👌👌👌Consumer protection: Retailer held liable for selling defective earpiece
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-retailer-held-liable-for-selling-defective-earpiece-124112400631_1.html “We undertake to repair/replace all material and manufacturing defects within the warranty period.” The National Commission concluded this made it equally responsible for
👌👌👌👌👌Understanding Wills in India: Key Legal Aspects & FAQs
Clipped from: https://taxguru.in/finance/wills-india-key-legal-aspects-faqs.html Summary: Creating a valid Will in India requires specific guidelines, though no particular language is mandated. A valid Will should express the testator’s intent
👌Forcible repossession by lenders is illegal; file police complaint
Clipped from: https://www.business-standard.com/opinion/columns/forcible-repossession-by-lenders-is-illegal-file-police-complaint-124111100003_1.html The National Commission observed that Singh had admittedly defaulted in payment, but there was no evidence to prove that the bank had served
👌Dismissal of appeal merely because appeal was filed manually instead of e-filing unjustified: ITAT Ahmedabad
Clipped from: https://taxguru.in/income-tax/dismissal-appeal-appeal-filed-manually-e-filing-unjustified-itat-ahmedabad.html Mayursinh Jayandrasinh Jadeja Vs ITO (ITAT Ahmedabad) ITAT Ahmedabad held that dismissal of appeal by CIT(A) on technical/ procedural aspect merely because the
👌More checks, balances needed to curb fraud, say experts | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/bs-bfsi-summit-more-checks-and-balances-needed-to-curb-frauds-say-experts-124110701924_1.html Payment and security experts explain widespread scams, bat for better cooperation and education Photo: Kamlesh Pednekar Listen to This Article India’s digital platforms
👌👌👌👌👌Fear in people main factor behind cyberfraud, says SBI’s Chugh | Business Standard
Clipped from: https://www.business-standard.com/finance/news/bs-bfsi-summit-fear-key-factor-in-cyber-frauds-says-sbi-s-nitin-chugh-124110701849_1.html In cybersecurity, social engineering refers to manipulating a victim to gain control over a computer system or steal personal and financial information Fear
👌👌👌👌👌Wills in India – Understanding Types, Laws and Benefits
Clipped from: https://taxguru.in/corporate-law/wills-india-understanding-types-laws-benefits.html What Is A Will? A Will is a legal document that sets forth the wishes of the person making it (the testator) regarding
👌SC on liability of banker for allowing operation of locker restrained by Income Tax Department
Clipped from: https://taxguru.in/income-tax/sc-liability-banker-allowing-operation-locker-restrained-income-tax-department.html HDFC Bank Ltd. Vs State of Bihar & Ors. (Supreme Court of India) Whether a banker can be held liable for erroneously allowing locker
👌ITAT Upholds Deletion of Additions u/s 68 Due to Sufficient Cash Balance
Clipped from: https://www.taxscan.in/itat-upholds-citas-deletion-of-additions-u-s-68-citing-sufficient-cash-balance-and-lack-of-evidence-for-accommodation-entries-read-order/453097/ The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) upheld the Commissioner of Income Tax (Appeals)[CIT(A)]’s decision to delete additions made under Section
👌👌👌👌👌👌👌Aadhar Not conclusive proof of individual’s date of birth: SC
Clipped from: https://taxguru.in/corporate-law/aadhar-conclusive-proof-individuals-date-birth-sc.html Saroj & Ors. Vs IFFCO-TOKIO General Insurance Co. & Ors. (Supreme Court of India) In a significant ruling, the Supreme Court of India
India may see 1 trillion cyberattacks annually by 2033, experts warn | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/india-may-see-1-trillion-cyberattacks-annually-by-2033-experts-warn-124103000899_1.html In recent years, high-profile cyberattacks have hit institutions such as AIIMS and major airlines Image: Bloomberg Listen to This Article India is projected
Delhi court orders fresh probe against Gautam Gambhir in flat cheating case | India News – Business Standard
Clipped from: https://www.business-standard.com/india-news/delhi-court-orders-fresh-probe-against-gautam-gambhir-in-flat-cheating-case-124103001234_1.html Special Judge Vishal Gogne set aside a magisterial court order, saying it reflected “inadequate expression of mind” in deciding the allegations against Gambhir
👌👌👌👌👌👌👌Definition of Workman under Industrial Disputes Act, 1947
Clipped from: https://taxguru.in/corporate-law/workman-industrial-disputes-act-1947-analysis-workman-definition.html Introduction: The Industrial dispute Act, 1947 (in short “ID Act”) was enacted by the parliament, on 11 March 1947 and came into force with
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