Clipped from: https://taxguru.in/income-tax/fdr-addition-remanded-ao-failed-verify-bank-records.html Alliance Books Suppliers Pvt Ltd Vs ACIT (ITAT Kolkata) FDs Given as Bank-Guarantee Margin Cannot Be Taxed as Unexplained Money – Matter Remanded;
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Reassessment Declared Invalid Due to Non-Issuance of Mandatory 143(2) Notice
Clipped from: https://taxguru.in/income-tax/reassessment-declared-invalid-due-non-issuance-mandatory-notice.html DCIT Vs Mahalaxmi Light House (ITAT Delhi) Reassessment Quashed for Want of Mandatory s.143(2) Notice –292BB Can’t Save Non-Issuance- Revenue’s Appeal Becomes Infructuous
Best-Judgment Addition of ₹3.10 Cr u/s 69A Set Aside for Denial of Fair Hearing
Clipped from: https://taxguru.in/income-tax/assessment-quashed-denial-natural-justice.html Amtula Tasneen Heera Banu Vs ITO (ITAT Chennai) 54F Claim Rejected on Technicalities – Best-Judgment Addition of ₹3.10 Cr u/s 69A Set Aside;
CIT(A) Passed Order After Assessee’s Death—Violation of Natural Justice; Matter Remanded for Fresh Hearing
Clipped from: https://taxguru.in/income-tax/cit-a-passed-order-assessee-s-death-violation-natural-justice-matter-remanded-fresh-hearing.html Bharat Kumar Velusamy Vs ITO (ITAT Chennai) CIT(A) Passed Order After Assessee’s Death—Violation of Natural Justice; Matter Remanded for Fresh Hearing Legal heir
Assessment Quashed Due to Unsigned Notices Under Sections 148/148A
Clipped from: https://taxguru.in/income-tax/assessment-quashed-due-unsigned-notices-sections-148-148a.html DCIT Vs Mahalaxmi Light House (ITAT Delhi) Assessment Quashed Entirely—Notices u/s 148A(b), 148A(d) & 148 Invalid for Want of Digital/Manual Signature; Revenue Appeal
अग्रलेख : नियामकांचे नाकर्तेपण – Marathi News | Loksatta Editorial On Indigo Flight Cancellations Crisis And Dgca Failure Vsd 99 – Latest Editorial News at Loksatta.com
Clipped from: https://www.loksatta.com/sampadkiya/editorial/loksatta-editorial-on-indigo-flight-cancellations-crisis-and-dgca-failure-vsd-99-5559834/ इंडिगोची बेफिकिरी, चलाखी आणि डीजीसीएचा निव्वळ अजागळपणा यांची मोठी किंमत आजही प्रवाशांना मोजावी लागत आहे… इंडिगोची बेफिकिरी, चलाखी आणि डीजीसीएचा निव्वळ अजागळपणा यांची
उलटा चष्मा : रुपयाची वणवण… – Marathi News | Loksatta Ulta Chashma Article On Falling Rupee Economic Satire Vsd 99 – Latest Columns News at Loksatta.com
Clipped from: https://www.loksatta.com/sampadkiya/columns/loksatta-ulta-chashma-article-on-falling-rupee-economic-satire-vsd-99-5559898/ रोज ढासळत चाललेली त्याची प्रकृती बघून एकेदिवशी डॉलरलाच त्याची दया आली. देशातल्या संधिसाधू राजकारण्यांनी याची अवस्था पार दयनीय केली. उलटा चष्मा : रुपयाची
IndiGo submits reply to DGCA on flight cancellations. Here’s what the airline said – BusinessToday
Clipped from: https://www.businesstoday.in/latest/corporate/story/indigo-submits-reply-to-dgca-on-flight-cancellations-heres-what-the-airline-said-505672-2025-12-08 In terms of passenger care, IndiGo claimed it issued timely notifications and provided meals, refreshments, hotel accommodations, and local transport in line with
Moody’s says ‘IndiGo’s flight cancellations credit negative,’ warns of financial hit – Industry News | The Financial Express
Clipped from: https://www.financialexpress.com/business/industry-moodys-says-indigos-flight-cancellations-credit-negative-warns-of-financial-hit-4069883/ Moody’s has called IndiGo’s mass flight cancellations “credit negative”, citing planning failures, FDTL-related disruptions, downgraded human capital scores and expected profitability decline in
Growth in times of (no) inflation – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/growth-in-times-of-nonbspinflation/4067538/ Monetary policy trajectory appears to be entering a phase of pause with neutral stance. Extraordinary times often demand out-of-the-box responses, even if the ensuing results
IndiGo crisis: Arrogance at 35,000 feet – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/arrogance-at-35000-feet/4068859/ IndiGo’s leadership appears to have confused dominance with entitlement- Why Market Dominance is Not a Licence for Scorn or Regulatory Non-Compliance IndiGo has
The perils of the IndiGo model – Opinion News | The Financial Express
lipped from: https://www.financialexpress.com/opinion/the-perils-of-the-indigo-model/4068846/ The current FDTL crisis has shown both the limits of its current model and the influence that the airline continues to wield How
New Labour Code 2025 brings big relief: Faster action on unpaid salary & workplace disputes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/new-labour-code-2025-brings-big-relief-faster-action-on-unpaid-salary-workplace-disputes/articleshow/125841977.cms The new Labour Codes 2025, which were incorporated in the existing labour laws from November 21, 2025, bring several positive changes for both
Unregistered property development pacts not a taxable transfer under section 2(47)(v), capital gains deferred for non-resident–TMI–https://www.taxtmi.com/highlights?id=94853
6. Case-Laws – AT : The ITAT held that no taxable “transfer” arose under section 2(47)(v) of the Income-tax Act for the impugned year in respect
Section 54 Exemption Allowed Despite Property Purchased in Spouse’s Name
Clipped from: https://taxguru.in/income-tax/section-54-exemption-allowed-property-purchased-spouses.html Hanchipura Channaiah Nandakishore Vs ITO (ITAT Bangalore) The assessee appealed before the Income Tax Appellate Tribunal, Bangalore, against the reassessment order passed under
Seven States contribute more to total taxes than their share in devolutions from the Centre – The Hindu
Clipped from: https://www.thehindu.com/news/national/seven-states-contribute-more-to-total-taxes-than-their-share-in-devolutions-from-the-centre/article70372592.ece These figures are of relevance now because the 16th Finance Commission, tasked with deciding the devolution formula for the period 2026-31, last month