Category: One Star
*अनिल अग्रवाल यांच्या मुलाचा कार्डिअॅक अरेस्टमुळे मृत्यू; हार्ट अटॅक आणि कार्डिअॅक अरेस्टमध्ये फरक काय?
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*Claimed Property Gift by Father-in-Law Mistakenly Registered as Sale: ITAT Remands Capital Gain Addition u/s 50C for Fresh Examination [Read Order]
Clipped from: https://www.taxscan.in/top-stories/claimed-property-gift-by-father-in-law-mistakenly-registered-as-sale-itat-remands-capital-gain-addition-us-50c-for-fresh-examination-1441627?TRN300=CEbWZlCuCAdqkvUkeikMSBggAsZuGUMKeUbVIbPXgzHMEUfSiMcKJyuPkMCAsH&LKD333=3327360 The Tribunal observed that issue could not be decided without proper examination of all relevant documents and supporting evidence The Bangalore Bench of the
*Business Setback and Accountant’s Lapse in Filing Returns is Bona Fide Cause: Madras HC Directs GSTN to Enable Filing of Returns [Read Order]
Clipped from: https://www.taxscan.in/top-stories/business-setback-and-accountants-lapse-in-filing-returns-is-bona-fide-cause-madras-hc-directs-gstn-to-enable-filing-of-returns-1441624?TRN300=CEbWZlCuCAdqkvUkeikMSBggAsZuGUMKeUbVIbPXgzHMEUfSiMcKJyuPkMCAsH&LKD333=3327377 The Court said that all pending returns be filed within four weeks of restoration along with payment of tax, interest and late fees,
*Arbitration begins with notice, not court filing, says Supreme Court | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/arbitration-begins-with-notice-not-court-filing-says-supreme-court-126010801114_1.html Emphasising the settled position of law, the court observed that the start of arbitral proceedings is a statutory event and does not depend
*OpenAI launches ‘ChatGPT Health’ with Apple Health integration: What is it | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/openai-launched-chatgpt-health-apple-integration-how-to-use-126010800300_1.html OpenAI has rolled out ChatGPT Health, a new health-focused space within ChatGPT that lets users connect medical records and wellness apps, with added
*Tax dept seized mother’s 263 gram gold; son fights in ITAT Mumbai and wins: Know what CBDT gold jewellery circular says – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/tax-dept-seized-mothers-263-gram-gold-son-fights-in-itat-mumbai-and-wins-know-what-cbdt-gold-jewellery-circular-says/articleshow/125709830.cms On September 29, 2021, during a tax raid at Mr. Nilawar’s house, the income tax department discovered several assets, including cash, gold and more. Following
*Man sells 350 gram gold for Rs 11 lakh, income tax dept doubts it and sends tax notice for unexplained money; he wins case in ITAT Ahmedabad – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/man-sells-350-grams-gold-for-rs-11-lakh-income-tax-dept-doubts-it-and-sends-tax-notice-for-unexplained-money-he-wins-case-in-itat-ahmedabad/articleshow/126393388.cms Mr. Soni from Ahmedabad, Gujarat, received a tax notice after selling 350 grams of gold to another party on November 15, 2016. He argued that he is
*Fiscal deficit target in reach despite lower nominal GDP growth estimate | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/fiscal-deficit-target-in-reach-despite-lower-nominal-gdp-growth-estimate-126010700931_1.html The Budget estimates for this year had assumed a nominal GDP growth of 10.1 per cent Nominal GDP for FY26, according to the
Leaving money for pets in a will? Experts tell what Indian law says | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/leaving-money-for-pets-in-a-will-experts-tell-what-indian-law-says-126010700943_1.html Legal limits, real risks, and how owners can plan responsibly Indian law treats pets as property, making drafting and oversight critical. A will
*$350,000 in one day: ‘Overwhelming’ response to Telugu NRI couple’s tragic death in US – US News | The Financial Express
Clipped from: https://www.financialexpress.com/world-news/us-news/fundraiser-for-telugu-nri-couple-crosses-350k-goal-in-less-than-24-hours-after-fatal-us-crash/4099652/?utm_source=Taboola_Recirculation&utm_medium=RC&utm_campaign=FE A wrong-way DUI driver’s mistake cost a Telugu NRI couple their life in the US. Their two children survived the accident but remain
*Big win for NRI taxpayers: ITAT Chennai rules he qualifies as non-resident, no tax in India on overseas earnings – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/big-win-for-nri-taxpayers-itat-chennai-rules-he-qualifies-as-non-resident-no-tax-in-india-on-overseas-earnings/articleshow/126335786.cms On October 31, 2025, the Income Tax Appellate Tribunal (ITAT) Chennai ruled that just because someone holds the title of managing director, it doesn’t mean they aren’t
*Public sector banks well prepared to move to weekly reporting of credit data – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/public-sector-banks-well-prepared-to-move-to-weekly-reporting-of-credit-data/article70477639.ece PSBs have a market share of 56.2 per cent in total advances of scheduled commercial banks Banks such as State Bank of India
