Raw material purchase genuineness and alleged round-tripping: u/s 263 revision quashed; bogus purchase addition deleted after sales accepted 19. Case-Laws – AT : Revision u/s 263
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Unexplained fixed assets and cash-in-hand in tax return: s.69/s.69A additions and penalties deleted for no evidence, no notice.
Unexplained fixed assets and cash-in-hand in tax return: s.69/s.69A additions and penalties deleted for no evidence, no notice. 15. Case-Laws – AT : Addition under s.69
*******Fixing the fine print: What the IBC amendment is really trying to change | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/fixing-the-fine-print-what-the-ibc-amendment-is-really-trying-to-change-125123000720_1.html Focused on enforcement over fresh ideas, the IBC amendment Bill seeks to cut delays, curb conflicts of interest and bring greater certainty to
MahaRERA recovers nearly ₹269 crore for homebuyers since 2017 inception | Industry News – Business Standard
Clipped from: https://www.business-standard.com/industry/news/maharera-recovers-nearly-rs-269-crore-homebuyers-since-2017-125123000849_1.html MahaRERA has recovered ₹268.87 crore as homebuyer compensation since May 2017, with Mumbai Suburban leading collections, while cases worth about ₹103 crore remain
Place of supply for shipped goods u/s 10(1)(a): delivery location decides IGST, CGST/SGST demand quashed.
Place of supply for shipped goods u/s 10(1)(a): delivery location decides IGST, CGST/SGST demand quashed. 5. Case-Laws – HC : Section 10(1)(a) of the IGST Act
GST liability based on income-tax portal turnover vs bank receipts mismatch; s.74 assessment orders remitted for forensic review.
GST liability based on income-tax portal turnover vs bank receipts mismatch; s.74 assessment orders remitted for forensic review. Case-Laws – HC : GST assessment orders issued
Rupee, the worst performing Asian currency in 2025 – Business News | The Financial Express
Clipped from: https://www.financialexpress.com/business/news/rupee-the-worst-performing-asian-currency-in-2025/4092745/ 2026, rupee to trade between 88-94 against the US dollar When Trump imposed a 50% tariff on Indian goods, the rupee weakened further
Employees leaving after Nov 21, 2025 must be paid revised gratuity under new labour laws, says ICAI – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/employees-leaving-after-nov-21-2025-must-be-paid-revised-gratuity-under-new-labour-laws-says-icai-4092589/ Employees leaving their jobs on or after November 21, 2025 will be entitled to gratuity under the new labour code rules. ICAI has
If I already own a house, can I get capital gains tax exemption on a new property? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/if-i-already-own-a-house-can-i-get-capital-gains-tax-exemption-on-a-new-property/articleshow/126250625.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
How GST 2.0 enables faster, cheaper and reliable logistics – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/how-gst-20-enables-faster-cheaper-and-reliable-logistics/article70446798.ece Simplified GST framework promises to reduce hidden interstate costs, optimise network planning and support integrated warehousing MORE WHEELS: Lower GST on commercial vehicles
Medical tourism: Pitching India’s cost and care advantage – The HinduBusinessLine
Medical tourism: Pitching India’s cost and care advantage – The HinduBusinessLine Clipped from: https://www.thehindubusinessline.com/specials/pulse/medical-tourism-pitching-indias-cost-and-care-advantage/article70428508.ece Beyond affordability, the country must showcase its hard-won credibility, efficiency and clinical
Unclaimed assets: Easy search, not opacity, can cut fraud in India
Clipped from: https://www.business-standard.com/opinion/columns/unclaimed-assets-easy-search-not-opacity-can-cut-fraud-in-india-125122800649_1.html Over time, many recipients moved away or died, leaving heirs unaware that any assets were due India’s unclaimed assets likely exceed ₹2 trillion,
Reforms, robust demand may drive insurance growth back to double digits | Insurance News – Business Standard
Clipped from: https://www.business-standard.com/finance/insurance/insurance-sector-growth-regulatory-tax-reforms-fy27-125122800368_1.html After a muted FY26 so far, India’s insurance industry is expected to return to double-digit growth in FY27, aided by regulatory changes, GST
H-1B sponsorship alternatives: O-1, L-1, investor visas emerge as backup; companies ‘spend outside US’ – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-h-1b-sponsorship-alternatives-o-1-l-1-investor-visas-emerge-as-backup-companies-spend-outside-us-4090344/ Immigration attorneys recently divulged how US companies are moving forward amid the uncertain H-1B visa chaos. US companies are looking at H-1B alternatives.
भारतीयांना न्यूझीलंडमध्ये काम करण्याची मोठी संधी; भारत-न्यूझीलंड मुक्त व्यापार कराराचे महत्त्व काय? फायदा कोणाला होणार? – Marathi News | India New Zealand Free Trade Agreement Visa System Attract Indians Rac 97 – Latest Explained News at Loksatta.com
Clipped from: https://www.loksatta.com/explained/india-new-zealand-free-trade-agreement-visa-system-attract-indians-rac-97-5601633/ New Zealand Visa System Attract Indians भारत आणि न्यूझीलंडने मार्चपासून सुरू असलेल्या वाटाघाटीनंतर सोमवारी मुक्त व्यापार करारावर स्वाक्षऱ्या केल्या आहेत. पंतप्रधान नरेंद्र मोदी
अमेरिकेत J-1 व्हिसाचा गैरवापर करून अनेकांचे शोषण, हजारो परदेशी विद्यार्थी सापडले अडचणीत? कारण काय? – Marathi News | How American Misused The J 1 Visa And Exploited Foreign Labour Students Rac 97 – Latest Explained News at Loksatta.com
Clipped from: https://www.loksatta.com/explained/how-american-misused-the-j-1-visa-and-exploited-foreign-labour-students-rac-97-5601787/ J-1 visa work programs अमेरिकेत J-1 व्हिसाचा वापर करून अनेक परदेशी नागरिकांची फसवणूक केली जात आहे. अमेरिकेचा सांस्कृतिक प्रभाव वाढवण्यासाठी J-1 व्हिसाची निर्मिती
Fiscal squeeze – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/fiscal-squeeze/article70436786.ece Revenue growth is low but deficit targets may be met Tax revenues are likely to dip this fiscal | Photo Credit: Andrii Yalanskyi
Clinging to the H-1B lottery has finally caught up with Indian ITeS | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/clinging-to-the-h-1b-lottery-has-finally-caught-up-with-indian-ites-125122401250_1.html Indian ITeS should have moved away from the H-1B lottery The US is replacing the H-1B lottery with a wage-weighted system, favouring higher-paid
Small business credit exposure rises 16% to ₹46 trillion: CRIF-Sidbi report | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/small-business-credit-exposure-rises-16-per-cent-rs-46-trillion-crif-sidbi-125122600940_1.html Small business credit exposure rose 16.2 per cent to ₹46 trillion as of September 2025, though growth moderated from the previous quarter amid