A woman who received Rs 2 lakh in cash as her share of the sale consideration from a property transaction has won relief from the
Category: Seven Star
*******Reassessment Quashed as Section 151 Approval Taken From Wrong Authority: ITAT Raipur
Read more at: https://taxguru.in/income-tax/reassessment-quashed-section-151-approval-wrong-authority-itat-raipur.html Copyright © Taxguru.in Summary: The Income Tax Appellate Tribunal, Raipur SMC Bench, comprising Judicial Member Shri Partha Sarathi Chaudhury, allowed the
*******मुलांना संपत्तीतून बेदखल करण्याचा आई-वडिलांना अधिकार, पण एका प्रकरणात नाकारता नाही येत हक्क, कोर्टही मुलांच्या बाजूने देईल निकाल– Maharashtra Times
Property Rights : कधीकधी अनपेक्षित परिस्थितींमुळे पालक आपल्याच पोटाच्या मुले-मुलींना मालमत्तेतून बेदखल करतात. त्यानंतर या मुलांचे पालकांच्या मालमत्तेवर कोणतेही हक्क राहत नाही, पण एक विशिष्ट
*******Rs 48 lakh in cash received from the sale of two properties, paid capital gains tax but received an income tax notice; taxpayer wins the case in ITAT Cuttack for this reason
Read more at:https://economictimes.indiatimes.com/wealth/tax/rs-48-lakh-in-cash-received-from-the-sale-of-two-properties-paid-capital-gains-tax-but-received-an-income-tax-notice-taxpayer-wins-the-case-in-itat-cuttack-for-this-reason/articleshow/135635284.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income Tax Appellate Tribunal (ITAT), Cuttack, has recently ruled in favour of an individual who received a tax notice over selling
*******Japan Launches Emergency Cybersecurity Plan, Taps AI
Read more at:https://economictimes.indiatimes.com/epaper/delhicapital/2026/nov/07/satet-news/japan-launches-emergency-cybersecurity-plan-taps-ai/articleshow/135621067.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/epaper/delhicapital/2026/nov/07/satet-news/japan-launches-emergency-cybersecurity-plan-taps-ai/articleshow/135621067.cms Japan on Friday announced an emergency cybersecurity package that includes the use of artificial intelligence and cyber rescue teams after a
*******Man skips reporting Rs 13.6 lakh salary in ITR, faces Rs 29 lakh penalty; ITAT says this
https://www.financialexpress.com/money/man-skips-reporting-rs-13-6-lakh-salary-in-itr-faces-rs-29-lakh-penalty-itat-says-this-4377789 A taxpayer who failed to report salary from a previous employer, bank interest and rental income in his income tax return faced a penalty
*******Woman went to operate bank locker, found it surrendered, Rs 47 lakh jewellery missing; sought Rs 48 lakh compensation, gets big relief in consumer commission
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/woman-went-to-operate-bank-locker-found-it-surrendered-rs-47-lakh-jewellery-missing-sought-rs-48-lakh-compensation-gets-big-relief-in-consumer-commission/articleshow/135562778.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Most Indian families normally rent a bank locker, either individually or jointly. But what would you do if you one day find
*******What Undid Don…ET
https://epaper.indiatimes.com/english-news-paper-today-toi-print-edition/5th-november-2026/what-undid-don/printarticle/135552443.cms?redirectionSource=TOIWeb&_gl=1*1192m1o*_gcl_au*MjA5MzgyMjU3Ny4xNzg2OTgzMDEwLjE5MzkxNzgzMTcuMTc5Mzg0MDI4My4xNzkzODQwMjgyLjkxMzM1NjE2Ny4xNzkzODM4Njc2LjE3OTM4NDAzMDk.*_ga*MjA4MjI2Nzg2MC4xNzg2OTgyNzEz*_ga_FCN624MN68*c05hTiRvMSRnMCRqNjAkbDAkaDA.&tophead=epaper Nobody expected Democrats to win the midterms so dramatically. Even Trump’s admitted he’s “a little bit surprised”. The rest of the democratic world, India
*******Justice Bhuyan: Authoritarianism sets in when society fears questions
https://epaper.indiatimes.com/english-news-paper-today-toi-print-edition/1st-november-2026/justice-bhuyan-authoritarianism-sets-in-when-society-fears-questions/printarticle/135412199.cms?redirectionSource=TOIWeb&_gl=1*q89jjm*_ga*MjA4MjI2Nzg2MC4xNzg2OTgyNzEz*_ga_FCN624MN68*c05hTiRvMSRnMCRqNjAkbDAkaDA.&tophead=epaper Dhananjay.MahapatraNew Delhi: At a time when the opposition has branded the NDA govt authoritarian, Justice Ujjal Bhuyan Saturday said authoritarianism sets in when society
*******Limitation for Income Tax Appeal begins from Date of Receipt of ITAT order: Bombay HC https://www.taxscan.in/income-tax/limitation-for-income-tax-appeal-begins-from-date-of-receipt-of-itat-order-bombay-hc-read-order
The Bombay High Court has held that the limitation period for filing the income tax appeal began from the date of receipt of ITAT (Income
*******Cross-Examination in Tax Proceedings: A Right, not a Ritual
Read more at: https://taxguru.in/income-tax/cross-examination-tax-proceedings-not-ritual.html Copyright © Taxguru.in https://taxguru.in/income-tax/cross-examination-tax-proceedings-not-ritual.html?utm_source=follow.it Summary: The article by G. C. Das, IRS (Retd.), Advocate, examines the right of taxpayers to cross-examine
*******Don’t bank on RBI alone: The investor protection gap in India’s banking system
Read more at:https://economictimes.indiatimes.com/opinion/et-commentary/dont-bank-on-rbi-alone-the-investor-protection-gap-in-indias-banking-system/articleshow/135195341.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst RBI tightly regulates commercial banks and mandates their listing to improve transparency. But while it prioritises depositors’ interests over those of investors,
*******I-T likely to send notices over undisclosed foreign property
https://economictimes.indiatimes.com/industry/banking/finance/income-tax-department-targets-undisclosed-foreign-properties-of-indian-residents/articleshow/135126229.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income-Tax Department will send notices to resident Indians regarding undisclosed foreign properties. Information was obtained through spontaneous exchanges and prior investigations into overseas