Clipped from: https://www.business-standard.com/industry/news/cyberwarfare-signs-govt-on-high-alert-urges-industry-to-boost-security-125051601531_1.html Large groups, MSMEs asked to step up defences Some of these attacks were recorded using advanced and sophisticated spear-phishing campaigns using malware like
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FY25 tax returns: Split capital gains based on sale date – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-fy25-tax-returns-split-capital-gains-based-on-sale-date-3847626/ FY25 ITR forms require taxpayers to split capital gains based on asset sale date—before or after July 23, 2024—due to tax rate changes.
Notice issued u/s. 143(2) without specifying type of scrutiny is invalid: ITAT Kolkata
Clipped from: https://taxguru.in/income-tax/notice-issued-u-s-143-2-type-scrutiny-invalid-itat-kolkata.html Hind Ceramics Pvt. Ltd. Vs DCIT (ITAT Kolkata) ITAT Kolkata held that notice issued u/s. 143(2) of the Income Tax Act without specifying
Google AI-powered accessibility features for Android, Chrome, more | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/google-brings-ai-powered-accessibility-features-for-android-chrome-more-125051600758_1.html Google’s new accessibility update will bring artificial intelligence based features like Expressive Captions, improved speech recognition, and new abilities for TalkBack New AI
MSMEs struggle with access to formal credit due to limited formalisation
Clipped from: https://www.business-standard.com/finance/news/msmes-struggle-with-access-to-formal-credit-due-to-limited-formalisation-125051600923_1.html Other factors such as information asymmetry, lack of comprehensive financial records, weak credit histories, and insufficient collateral contribute to this issue About 12
Don’t have Form 16? Here’s expert advice on how to file tax returns | Personal Finance – Business Standard
lipped from: https://www.business-standard.com/finance/personal-finance/don-t-have-form-16-here-s-expert-advice-on-how-to-file-tax-returns-125051601015_1.html Monthly salary slips of a financial year, annual income statements and Form 26AS among documents that can be used Form 16. Photo: Shutterstock
Income below tax slab? Filing an ITR still pays off in ways you didn’t know | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/income-below-tax-slab-filing-an-itr-still-pays-off-in-ways-you-didn-t-know-125051601049_1.html Filing an ITR isn’t just for paying taxes, it’s a powerful tool for building financial credibility, accessing loans, securing subsidies, and opening doors
Insurance on WhatsApp: How to buy and manage policies, claim settlements | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/insurance-on-whatsapp-how-to-buy-and-manage-policies-claim-settlements-125051601060_1.html Paperwork reduced and instant assistance assured on platform, say top insurance companies Photo: Bloomberg Listen to This Article WhatsApp serves various daily purposes:
Banks, NBFCs may need IT overhaul to meet RBI co-lending norms: Bankers | Banking – Business Standard
Clipped from: https://www.business-standard.com/industry/banking/banks-nbfcs-must-upgrade-it-systems-for-rbi-co-lending-guidelines-125051601373_1.html Bankers say RBI’s co-lending draft norms may require significant IT upgrades and clarification on the CLM 2 model to ensure compliance and operational
Telangana HC Quashes GST SCN, Citing Violation of Natural Justice & Cryptic SCN
Clipped from: https://taxguru.in/corporate-law/telangana-hc-quashes-gst-scn-citing-violation-natural-justice-cryptic-scn.html King Enterprise Vs Deputy State Tax Officer (Telangana High Court) In a ruling with implications for tax administration, the Telangana High Court has
GST Proceedings Against Deceased Person Void: Allahabad HC
Clipped from: https://taxguru.in/corporate-law/gst-proceedings-deceased-person-void-allahabad-hc.html Satendra Kumar Vs State of U.P. And 2 Others (Allahabad High Court) Allahabad High Court has set aside a show-cause notice and a
Notice is liable to be quashed as not supported by reasons: Patna HC
Clipped from: https://taxguru.in/income-tax/notice-liable-quashed-supported-reasons-patna-hc.html Kishore Kumar Singh Vs D/ACIT (Patna High Court) Patna High Court held that notice must be supported by reasons. Accordingly, since notice issued
Cyber Crime Chennai issues advisory against growing cyber attacks – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/cyber-crime-chennai-issues-advisory-against-growing-cyber-attacks/article69558540.ece The perpetrators have been found to use sophisticated tactics such as phishing emails, fake login pages, and malicious attachments to gain unauthorised access
Expanded credit guarantee scheme for start-ups to reduce perceived risks of lending – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/policy/expanded-credit-guarantee-scheme-for-start-ups-to-reduce-perceived-risks-of-lending/article69557831.ece DPIIT notifies doubling ceiling on guarantee cover per borrower to ₹20 crore from ₹10 crore The annual guarantee fee for start-ups in 27
Retail inflation slid further to 3% in Apr; easing room for RBI rate cut | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/retail-inflation-to-slid-further-to-3-in-apr-easing-room-for-rbi-rate-cut-125050701419_1.html In March, retail inflation stood at 3.34 per cent- the lowest since August 2019 The National Statistics Office (NSO) will release the April
15 states sue Trump over emergency order to fast-track oil, gas projects | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/15-states-sue-trump-over-emergency-order-to-fast-track-oil-gas-projects-125051000051_1.html The order pushes oil and gas expansion via eminent domain and the Defense Production Act, allowing federal use of private land and resources
Over 30K IBC cases settled pre-admission covering ₹13.78 trillion: Ibbi | Finance News – Business Standard
lipped from: https://www.business-standard.com/finance/news/over-30k-ibc-cases-settled-pre-admission-covering-13-78-trillion-ibbi-125051000749_1.html Citing a study by IIM Ahmedabad, John said creditors in resolved cases realised 32 per cent of admitted claims and 168 per cent
U.S. immigration forms now include Trump Card Visa query for green card holders and foreigners – Investing Abroad News | The Financial Express
Clipped from: https://www.financialexpress.com/business/investing-abroad-trump-card-visa-immigrants-now-asked-about-new-program-in-global-entry-applications-3838889/?ref=hometop_hp Trump Gold Card has started to flow into the immigration process of America. US permanent residents and foreign visitors to the United States
I-T dept seeks to settle Rs 10 lakh crore disputes in FY26 at first-appeal forum – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-i-t-dept-seeks-to-settle-rs-10-lakh-crore-disputes-in-fy26-at-first-appeal-forum-3833602/?ref=hometop_hp The I-T department aims to resolve over 2 lakh appeals involving Rs 10 lakh crore in FY26 to boost tax receipts and ease
*****Delhi HC sets aside Notice u/s 148A(b) of Income Tax Act, citing Bar by Limitation
Clipped from: https://www.taxscan.in/delhi-hc-sets-aside-notice-u-s-148ab-of-income-tax-act-citing-bar-by-limitation/513319/ The Delhi High Court sets aside notice under section 148 A(b) of the Income Tax Act,1961, considering its bar by limitation. The bench viewed that the