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Clipped from: https://taxguru.in/income-tax/on-money-addition-u-s-69-deleted-third-party-excel-data-statements-held-insufficient.html?utm_source=follow.it Ghewar Chand Jain Vs DCIT (ITAT Mumbai) Mumbai ITAT deleted additions made u/s 69 towards alleged cash (on-money) payment for purchase of shop in the

Clipped from: https://taxguru.in/income-tax/u-s-263-quashed-search-case-pcit-revise-touching-u-s-153d-approval.html?utm_source=follow.it Shashi Kant Damodar Khandelwal Vs PCIT (ITAT Mumbai) Mumbai ITAT quashed revision proceedings initiated under Section 263 across multiple years in a search-related

Clipped from: https://taxguru.in/income-tax/reopening-quashed-non-supply-reasons-entire-assessment-held-void.html?utm_source=follow.it M. Abbas & CO. Vs ACIT (ITAT Mumbai) Mumbai ITAT quashed reassessment proceedings holding that failure to supply the actual recorded reasons for reopening

Clipped from: https://taxguru.in/income-tax/credit-card-payments-explained-addition-u-s-69c-deleted-absence-unexplained-source.html?utm_source=follow.it Prateek Rahul Mehta Vs ITO (ITAT Mumbai) Mumbai ITAT deleted an addition of ₹16.61 lakh made u/s 69C towards alleged unexplained credit card payments. The

Clipped from: https://www.business-standard.com/finance/personal-finance/hospital-bills-covered-care-isn-t-the-blind-spot-in-planning-for-parents-126042400255_1.html Health insurance isn’t enough: The hidden costs of caring for ageing parents decoded Eldercare expenses rarely appear overnight. They build gradually, often starting

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-rules-2026-what-changes-salaried-individuals-are-seeing-in-their-pay-tax-filing-527133-2026-04-24 Salaried taxpayers will now experience tighter compliance requirements. Rent claims now require landlord PAN details, loan deductions need supporting documentation, and high-value transactions

1/6 Your tenant’s lease expired — you can evict in just 15 days Under Section 106 of the Transfer of Property Act, a landlord can

Clipped from: https://www.financialexpress.com/money/woman-keeps-rs-15-lakh-cash-withdrawn-from-bank-at-home-deposits-it-later-faces-tax-trouble-itat-intervenes-4217088/ A taxpayer’s cash deposit raised red flags after the tax department questioned its source and labelled it unexplained income. The matter reached the

Clipped from: https://www.business-standard.com/opinion/columns/impact-of-gst-rate-cuts-appears-to-be-more-nuanced-than-widespread-126042301418_1.html GST rate cuts may not immediately boost demand; study by National Institute of Public Finance and Policy shows delayed, nuanced impact on consumption

Clipped from: https://www.business-standard.com/opinion/columns/but-for-the-rbi-s-management-rupee-would-have-been-far-more-volatile-126042301435_1.html Global shocks from pandemics to wars are reshaping currencies and capital flows, raising questions on RBI’s role and India’s external stability strategy While

Clipped from: https://www.business-standard.com/finance/news/flow-in-nri-deposits-drops-24-to-11-04-bn-in-apr-feb-2026-rbi-data-126042301123_1.html The total outstanding NRI deposits stood at $167.58 billion as of the end of February 2026 NRI deposit inflows fall sharply in FY26

Clipped from: https://www.thehindubusinessline.com/news/online-gaming-rules-industry-says-it-is-a-progressive-step-to-position-india-as-a-global-hub/article70897095.ece The industry believed this will drive long-term investment, innovation and global competitiveness for Indian video gaming companies The Indian online gaming industry has

Clipped from: https://www.thehindubusinessline.com/news/fm-met-banks-on-mythos-threat-dfs-secretary-nagaraj-called-it-a-threat-as-well-as-opportunity/article70898166.ece According to sources, the meeting chaired by the Finance Minister deliberated on various risks that AI posed on the financial sector. M Nagaraju,

Clipped from: https://www.business-standard.com/industry/banking/sitharaman-meets-banks-on-ai-risks-after-concerns-over-anthropic-s-mythos-126042300888_1.html The meeting assumes significance in view of development of the Claude Mythos AI model by Anthropic claiming that it has found vulnerabilities in

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/form-156-rule-triggers-compliance-concerns-as-e-filing-utility-remains-unavailable-heres-what-it-means-527063-2026-04-23 A new mandatory pre-departure tax filing requirement has triggered confusion as the Form 156 utility remains unavailable on the Income Tax portal. Experts

Clipped from: https://www.financialexpress.com/money/income-tax-new-tax-declaration-forms-introduced-for-nri-remittances-form-145-and-form-146-explained-4216157/ Form 145 is a declaration by the person making the payment to an NRI, covering the nature of the remittance and applicable TDS.

clipped from: https://maharashtratimes.com/business/business-news/rbi-recurring-auto-payments-up-to-15000-without-otp-for-making-monthly-bills-faster/articleshow/130440016.cms एसआयपी, क्रेडिट कार्ड बिल यांसारख्या 15 हजार रुपयांपर्यंतच्या व्यवहारांसाठी आता ओटीपीची आवश्यकता भासणार नाही. यामुळे वापरकर्त्यांना कोणत्याही अडथळ्याशिवाय पेमेंट करणे शक्य होईल. भारतीय

Clipped from: https://maharashtratimes.com/business/business-news/china-gold-silver-demand-surges-as-imports-hit-record-highs-in-march-what-should-investors-do/articleshow/130437739.cms Gold-Silver Import Record High: अमेरिका-इराण आणि रशिया-युक्रेन यांच्यातील युद्धाच्या चक्रव्यूहात जग अडकला असताना चीनने मोठ्या प्रमाणात सोने आणि चांदीच्या खरेदीचा सपाटा लावला आहे.