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Clipped from: https://economictimes.indiatimes.com/wealth/tax/rs-7-crore-was-added-to-taxpayers-income-as-unexplained-cash-credit-he-wins-case-in-itat-mumbai-as-it-rules-loose-papers-chats-cant-be-treated-as-evidence/articleshow/127777451.cms Listen to this article in summarized format On October 28, 2025, The Income Tax Appellate Tribunal (ITAT) Mumbai provided relief to Mr. Nilawar from Pune

The Economic Survey for FY 2025-26 pointed out how data-driven behavioral interventions improved tax collection efficiency in India, resulting in an extra Rs 119 crore

Clipped from: https://taxguru.in/income-tax/interim-relief-granted-reassessment-issued-reply.html IVL Dhunseri Petrochem Industries Private Limited Vs Union of India & Ors. (Calcutta High Court) The Calcutta High Court examined a writ petition

Clipped from: https://taxguru.in/income-tax/itat-quashes-50c-addition-citing-valuation-typo-higher-consideration.html Rupal Nirav Shah Vs DCIT (ITAT Surat) The appeal before the Income Tax Appellate Tribunal, Surat Bench concerned an addition made under section 50C of

Clipped from: https://taxguru.in/income-tax/reassessment-quashed-addition-original-reopening-issue.html Shyama Shyam Infradevelopers Pvt Ltd Vs ITO (ITAT Agra) The appeal before the Income Tax Appellate Tribunal, Agra Bench related to Assessment Year (AY) 2016–17

Clipped from: https://taxguru.in/income-tax/153a-invoked-wrong-year-search-abates-first-itat-quashes-search-assessment-ay-2020-21.html Amolak Singh Bhatia Vs DCIT (ITAT Delhi) The Delhi Bench ‘E’ of the ITAT quashed the assessment framed under section 153A for AY 2020-21, holding that

Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/granddaughter-cant-reopen-settled-family-property-deal-rules-hc-no-legal-right-after-mother-sold-property/articleshow/126820235.cms On January 5, 2026 the Bombay High Court observed that a grand-daughter cannot claim rights in a property once her mother and aunt, both legal heirs, have

Clipped from: https://www.business-standard.com/technology/tech-news/data-privacy-security-gain-importance-as-ai-adoption-accelerates-126012801296_1.html As artificial intelligence becomes widespread and India implements the DPDP Act, enterprises are being forced to rethink data privacy, governance, and cybersecurity strategies

Clipped from: https://www.business-standard.com/finance/news/dfs-secretary-ibc-a-game-changer-transformed-insolvency-landscape-126012801090_1.html To facilitate an expeditious resolution process under IBC and to ensure proper implementation of IBC, six amendments have been carried out in the

Clipped from: https://www.business-standard.com/world-news/fed-leaves-rates-unchanged-sees-elevated-inflation-stabilising-job-mkt-126012900037_1.html The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75% Credit: Bloomberg Listen

Clipped from: https://www.business-standard.com/economy/analysis/the-mother-of-all-deals-signed-a-new-dawn-for-the-india-eu-partnership-126012801163_1.html This agreement signifies the commitment of the two largest democracies as champions of open trade amid a rising tide of global protectionism Deep

Clipped from: https://www.thehindubusinessline.com/opinion/repeating-an-old-indian-mistake/article70287814.ece The West is capping immigration just as India capped capital flows Immigration: Challenges from within and without | Photo Credit: anyaberkut The West,

Clipped from: https://www.business-standard.com/opinion/editorial/a-big-deal-the-india-eu-partnership-will-open-up-new-opportunities-126012701488_1.html India and EU seal historic free trade deal, opening vast markets and cooperation avenues while urging India to boost competitiveness and reforms New

Clipped from: https://www.financialexpress.com/business/banking-finance/banks-liquidity-coverage-ratio-dips-on-slow-deposits-high-funding-needs/4119040/ Major Indian banks, including HDFC and Union Bank, have strategically reduced their Liquidity Coverage Ratio (LCR) in the December 2025 quarter. Most banks

Clipped from: https://www.financialexpress.com/business/banking-finance-rbi-nudges-banks-towards-direct-priority-sector-lending-4120026/ Public sector banks accounted for 42.4% of ANBC in PSL, contributing 36% of the overall PSL pool, while private sector banks reported higher

Clipped from: https://www.financialexpress.com/business/news/for-msmes-data-is-what-keeps-cash-flows-moving-tejas-goenka-managing-director-tally-solutions/4119200/ In an exclusive interaction, Tejas Goenka, MD of Tally Solutions, breaks down how the new TallyPrime 7.0 is solving MSME fragmentation. Tejas Goenka,

Clipped from: https://www.financialexpress.com/opinion/e-commerce-promise-for-a-viksit-bharat/4117675/ The goal should not be regulation of the sector for its own sake, but a framework that fuels growth and fairness equally E-commerce

Clipped from: https://www.business-standard.com/india-news/insolvency-tribunals-can-t-decide-disputed-ownership-issues-says-sc-126012201474_1.html SC rules insolvency tribunals cannot decide contested trademark ownership; parties must pursue IP rights in civil or commercial courts Allowing GCL’s appeal on

Clipped from: https://www.taxscan.in/top-stories/single-gst-scn-for-multiple-years-wrongly-aggregates-different-tax-periods-with-different-due-dates-limitations-bombay-hc-quashes-notice-1442202?TRN300=cVKGJqCuSADlKEeaEaxMcBggaCJUguMbVVAeAhPXgzxMEUfsiMCbZyuMbMCAsh&LKD333=3364712 The High Court noted that each financial year constitutes a distinct tax period, and a consolidated notice for multiple years violates the statutory