lipped from: https://www.taxscan.in/top-stories/representing-counsel-fails-to-file-income-tax-appeal-on-time-itat-condoned-delay-subject-to-20k-costs-1445494 The ITAT Chandigarh condoned delay in filing appeal where the delay arose due to the assessee’s counsel, but imposed a cost of ₹20,000
Category: Unread
US Fed holds rates steady between 3.5%-3.75% – 7 key takeaways from Powell’s final meet as chair – Global Markets News | The Financial Express
Clipped from: https://www.financialexpress.com/market/global-markets/us-fed-holds-rates-steady-between-3-5-375-7-key-takeaways-from-powells-final-meet-as-chair/4222641/?ref=hometop_hp The US Federal Reserve held interest rates steady at 3.50%–3.75% while Jerome Powell highlighted inflation concerns, rising oil prices, and global uncertainty, signalling
Food card reporting in ITR: What salaried employees need to know for FY27 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/food-card-reporting-in-itr-what-salaried-employees-need-to-know-for-fy27-528062-2026-04-29 The revised Income-Tax Rules, 2026 have made meal cards a powerful tax-saving tool by increasing the exemption limit to ₹200 per meal. However,
Labour Codes face friction from state law overlaps, says experts
Clipped from: https://www.business-standard.com/industry/news/labour-codes-state-law-overlap-compliance-uncertainty-india-126042901081_1.html Overlaps between Labour Codes and state laws on working hours, leave and overtime may create compliance uncertainty, especially for firms operating across multiple
Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-refund-rules-change-from-april-2026-check-these-2-important-updates-for-tax-year-2026-27/articleshow/130595920.cms Listen to this article in summarized format The original Finance Bill, 2026 introduced in Budget 2026, stated that all interest on tax refunds
Can you be forced to work on holidays? New labour law rules explained – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/can-you-be-forced-to-work-on-holidays-new-labour-law-rules-explained/articleshow/130508647.cms Listen to this article in summarized format Weekends and national holidays are generally considered off-days for employees, making them a crucial time for
No PAN, no purchase allowed – not even with Form 97; PAN is now mandatory for these high value transactions under new tax rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/no-pan-no-purchase-allowed-not-even-with-form-97-pan-is-now-mandatory-for-these-high-value-transactions-under-new-tax-rules/articleshow/130572487.cms Listen to this article in summarized format Certain goods including gold, and services like demat account among others can’t be bought without a
काल [ 28.4.26 ] साहित्यिक द मा मिरासदार यांच्या जन्म शताब्दी वर्ष निमित्ताने – प्राचार्य श्याम भुर्के व सौ गीता भुर्के यांच्यातर्फे ” मिरासदारी ”
RBI sets 6-month timeline to classify wilful defaulters after NPA tag – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-sets-6-month-deadline-to-classify-wilful-defaulters-after-npa-tag/article70913248.ece The amended guidelines, effective from April 1, 2027, aim to strengthen credit discipline and accountability A wilful default includes cases where borrowers fail
Corporate credit card overdue applicable only to corporate entity: RBI
Clipped from: https://www.business-standard.com/finance/news/corporate-credit-card-overdue-applicable-only-to-corporate-entity-says-rbi-126042701226_1.html RBI clarifies overdue and asset classification for corporate credit cards under joint liability will apply only to firms, aiming to standardise reporting and
Flying abroad? You can now shop duty-free before you even reach the airport | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/flying-abroad-you-can-now-shop-duty-free-before-you-even-reach-the-airport-126042700543_1.html nternational travellers can browse and pre-book duty-free products online on MakeMyTrip before departure or arrival at Adani-managed airports The service enables advance planning
Co-owned property split? Experts explain why it’s easier said than done | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/co-owned-property-split-experts-explain-why-it-s-easier-said-than-done-126042700702_1.html Co-owned property exit? Experts explain why selling your share rarely brings a clean break and disputes often follow Real estate, housing market Listen
Don’t miss your ITR deadline: Is the due date July 31 or August 31? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-2026-your-complete-guide-for-fy-2025-26-check-all-deadlines-important-dates-to-mark-527530-2026-04-27 Finance Minister Nirmala Sitharaman announced staggered ITR deadlines while presenting the Union Budget 2026 on 1 February Missing your ITR deadline in 2026
Man pays Rs 11.83 lakh credit card dues, tax department treats entire payment as unexplained income, tax addition made – ITAT steps in – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/man-pays-rs-11-83-lakh-credit-card-bill-faces-tax-addition-on-entire-amount-as-i-t-dept-flags-it-as-income-itat-steps-in-4219660/ Credit card payments flagged in Statement of Financial Transactions (SFT) / Annual Information Return (AIR) data can lead to tax scrutiny, but they
Aadhaar isn’t proof of date of birth, UIDAI clarifies its correct usage – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/aadhaar-isnt-proof-of-date-of-birth-uidai-clarifies-its-correct-usage-4219761/ The Unique Identification Authority of India has cleared up a common confusion: Your Aadhaar works as ID proof, but it doesn’t count as
Can long-term contract work lead to permanent employment? Know the rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/can-long-term-contract-work-lead-to-permanent-employment-know-the-rules/articleshow/130549113.cms Listen to this article in summarized format Recently, the Supreme Court of India ruled that if people hired through a contractor receive the