Clipped from: https://taxguru.in/corporate-law/gst-proceedings-deceased-person-void-allahabad-hc.html Satendra Kumar Vs State of U.P. And 2 Others (Allahabad High Court) Allahabad High Court has set aside a show-cause notice and a
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Notice is liable to be quashed as not supported by reasons: Patna HC
Clipped from: https://taxguru.in/income-tax/notice-liable-quashed-supported-reasons-patna-hc.html Kishore Kumar Singh Vs D/ACIT (Patna High Court) Patna High Court held that notice must be supported by reasons. Accordingly, since notice issued
Cyber Crime Chennai issues advisory against growing cyber attacks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/cyber-crime-chennai-issues-advisory-against-growing-cyber-attacks/article69558540.ece The perpetrators have been found to use sophisticated tactics such as phishing emails, fake login pages, and malicious attachments to gain unauthorised access
Expanded credit guarantee scheme for start-ups to reduce perceived risks of lending – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/expanded-credit-guarantee-scheme-for-start-ups-to-reduce-perceived-risks-of-lending/article69557831.ece DPIIT notifies doubling ceiling on guarantee cover per borrower to ₹20 crore from ₹10 crore The annual guarantee fee for start-ups in 27
Retail inflation slid further to 3% in Apr; easing room for RBI rate cut | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/retail-inflation-to-slid-further-to-3-in-apr-easing-room-for-rbi-rate-cut-125050701419_1.html In March, retail inflation stood at 3.34 per cent- the lowest since August 2019 The National Statistics Office (NSO) will release the April
15 states sue Trump over emergency order to fast-track oil, gas projects | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/15-states-sue-trump-over-emergency-order-to-fast-track-oil-gas-projects-125051000051_1.html The order pushes oil and gas expansion via eminent domain and the Defense Production Act, allowing federal use of private land and resources
Over 30K IBC cases settled pre-admission covering ₹13.78 trillion: Ibbi | Finance News – Business Standard
lipped from: https://www.business-standard.com/finance/news/over-30k-ibc-cases-settled-pre-admission-covering-13-78-trillion-ibbi-125051000749_1.html Citing a study by IIM Ahmedabad, John said creditors in resolved cases realised 32 per cent of admitted claims and 168 per cent
U.S. immigration forms now include Trump Card Visa query for green card holders and foreigners – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-trump-card-visa-immigrants-now-asked-about-new-program-in-global-entry-applications-3838889/?ref=hometop_hp Trump Gold Card has started to flow into the immigration process of America. US permanent residents and foreign visitors to the United States
I-T dept seeks to settle Rs 10 lakh crore disputes in FY26 at first-appeal forum – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-i-t-dept-seeks-to-settle-rs-10-lakh-crore-disputes-in-fy26-at-first-appeal-forum-3833602/?ref=hometop_hp The I-T department aims to resolve over 2 lakh appeals involving Rs 10 lakh crore in FY26 to boost tax receipts and ease
*****Delhi HC sets aside Notice u/s 148A(b) of Income Tax Act, citing Bar by Limitation
Clipped from: https://www.taxscan.in/delhi-hc-sets-aside-notice-u-s-148ab-of-income-tax-act-citing-bar-by-limitation/513319/ The Delhi High Court sets aside notice under section 148 A(b) of the Income Tax Act,1961, considering its bar by limitation. The bench viewed that the
Allahabad HC Quashes ₹2.11 Crore GST Demand u/s 74 Due to Lack of Personal Hearing
Clipped from: https://www.taxscan.in/allahabad-hc-quashes-%e2%82%b92-11-cr-gst-demand-u-s-74-due-to-lack-of-personal-hearing/513306/ Top Stories Considering the fact that the original order is contrary to the mandate of Section 75(4) of GST Act and is also
How Bhushan Power & Steel entered the ‘dirty dozen’ list of defaulters | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/how-bhushan-power-steel-entered-the-dirty-dozen-list-of-defaulters-125050201429_1.html The insolvency proceedings drew interest from major suitors, including Tata Steel Ltd. and Liberty House of the UK The Bhushan Promoters have had
Trading the unknown unknowns amid tariff shocks and India-Pak faceoff | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/trading-the-unknown-unknowns-amid-tariff-shocks-and-india-pak-faceoff-125050201623_1.html Regardless of the outcomes of the US tariffs and India-Pakistan faceoff, change is coming for global value chains and the subcontinent Illustration: Ajaya
New ITR-3 form notified for income tax return filing for FY 2024-25: Here’s what’s new for taxpayers – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/new-itr-3-form-notified-for-income-tax-return-filing-for-fy-2024-25-heres-whats-new-for-taxpayers/articleshow/120821198.cms A significant change includes the increase in the reporting threshold for assets and liabilities under ‘Schedule AL’. (AI image) Income Tax Return Filing
*****New I-T return form eases disclosure burden for middle-income professionals – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/new-i-t-return-form-eases-disclosure-burden-formiddle-income-professionals-3830679/ CBDT notifies ITR-3 for AY 2025-26, easing disclosure for middle-income professionals. Key changes include higher asset threshold, split capital gains reporting, simplified deductions,
Not interested in being 3rd largest bank, want to move up: Axis Bank MD – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/not-interested-in-being-3rd-largest-bank-want-to-move-up-axis-bank-md/article69521588.ece Amitabh Chaudhry, MD & CEO, Axis Bank Axis Bank is “not interested” in being the third-largest private bank and wants to rank up
Air India faces $600 mn hit from Pak airspace ban, seeks govt support | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/air-india-pahalgam-terror-attack-pakistan-india-government-airspace-loss-125050101091_1.html The airline has written to the civil aviation ministry, asking for a ‘subsidy model’ to cover increased fuel and crew expenses because of
Air India fuel bill to rise with Pak airspace closure – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/air-india-fuel-bill-to-rise-with-pak-airspace-closure/article69510749.ece Airline faces higher fuel, employee and engineering expenses Air India has around 38 flights daily (two way) from Delhi to Canada, Europe and
