https://aniltikotekar4sme.com/2026/06/27/husband-has-to-pay-income-tax-on-wifes-earnings-from-fd-gold-shares-under-clubbing-of-income-in-these-cases-courtesy-et/aniltikotekar4sme.comen2026-06-27T02:59:02+00:00Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these cases—Courtesy EThttps://aniltikotekar4sme.com/2026/06/27/rbi-urges-banks-to-improve-forex-rates-for-retail-customers/aniltikotekar4sme.comen2026-06-27T02:43:03+00:00RBI Urges Banks to Improve Forex Rates for Retail Customershttps://aniltikotekar4sme.com/2026/06/27/136881/aniltikotekar4sme.comen2026-06-27T02:41:22+00:00https://aniltikotekar4sme.com/2026/06/27/136889/aniltikotekar4sme.comen2026-06-27T02:31:24+00:00https://aniltikotekar4sme.com/2026/06/27/1-around-65-of-indias-internet-users-rely-on-voice-search-generating-an-estimated-1-2-billion-monthly-queries-2-risks-and-challenges-equally-equally-daunting-excerpts-from-article-the-sound/aniltikotekar4sme.comen2026-06-27T01:56:08+00:00[1] Around 65% of India’s internet users rely on voice search generating an estimated 1.2 billion monthly queries [2] Risks and challenges equally equally daunting–Excerpts from article ” The Sound of AI ” Courtesy BS 16.6.26https://aniltikotekar4sme.com/2026/06/26/pune-itat-%e2%82%b910-lakh-addition-deleted-over-weak-cash-payment-evidence/aniltikotekar4sme.comen2026-06-26T15:25:09+00:00Pune ITAT: ₹10 Lakh Addition Deleted Over Weak Cash Payment Evidencehttps://aniltikotekar4sme.com/2026/06/26/pune-itat-section-263-revision-invalid-after-aos-proper-enquiry/aniltikotekar4sme.comen2026-06-26T15:20:02+00:00*******Pune ITAT: Section 263 Revision Invalid After AO’s Proper Enquiryhttps://aniltikotekar4sme.com/2026/06/26/136872/aniltikotekar4sme.comen2026-06-26T02:48:55+00:00Large lenders –following RBI’s clarification–are working on structured offerings that could provide upto 9x leverage against such deposits [2] The structures are expected to enable non resident Indians [NRIs] to earn effective returns of 12-18% [3] Individual banks will decide how much they will lend against FCNR[B] deposits [4] The annexed clippings quotes a senior banker at a private sector bank–” Our sense is that inflows of more than $50 billion should happen ” and “Most banks will settle around 9x ” Courtesy BShttps://aniltikotekar4sme.com/2026/06/26/rbi-3/aniltikotekar4sme.comen2026-06-26T01:37:12+00:00RBIhttps://aniltikotekar4sme.com/2026/06/26/indias-active-credit-cards-cross-120-million-in-may/aniltikotekar4sme.comen2026-06-26T01:34:24+00:00India’s active credit cards cross 120 million in Mayhttps://aniltikotekar4sme.com/2026/06/26/rbi-proposes-ai-risk-framework-for-banks/aniltikotekar4sme.comen2026-06-26T01:28:19+00:00RBI proposes AI risk framework for bankshttps://aniltikotekar4sme.com/2026/06/26/household-share-of-bank-deposits-fall-fcnrb-push-may-aid-mobilisation/aniltikotekar4sme.comen2026-06-26T01:25:24+00:00Household share of bank deposits fall; FCNR(B) push may aid mobilisationhttps://aniltikotekar4sme.com/2026/06/26/make-indian-auditors-less-of-an-oddity/aniltikotekar4sme.comen2026-06-26T01:17:35+00:00Make Indian auditors less of an oddityhttps://aniltikotekar4sme.com/2026/06/26/discrepancy-between-loan-or-purchase-advance-not-justifiable-for-addition-u-s-69a-or-revision-u-s-263-itat-read-order/aniltikotekar4sme.comen2026-06-26T01:11:58+00:00*******Discrepancy between ‘Loan’ or ‘Purchase Advance’ not justifiable for Addition u/s 69A or Revision u/s 263: ITAT [Read Order]https://aniltikotekar4sme.com/2026/06/26/10-silent-gst-mistakes-that-can-invite-scrutiny-notice/aniltikotekar4sme.comen2026-06-26T01:08:42+00:00*****10 silent GST Mistakes That Can Invite Scrutiny Noticehttps://aniltikotekar4sme.com/2026/06/26/assessment-held-invalid-as-jurisdictional-officer-failed-to-issue-mandatory-section-1432-notice/aniltikotekar4sme.comen2026-06-26T00:59:12+00:00*******Assessment Held Invalid as Jurisdictional Officer Failed to Issue Mandatory Section 143(2) Noticehttps://aniltikotekar4sme.com/2026/06/25/136850/aniltikotekar4sme.comen2026-06-25T14:44:17+00:00Editorial in Loksatta on Ex Fed Chief–Courtesy Loksattahttps://aniltikotekar4sme.com/2026/06/25/136848/aniltikotekar4sme.comen2026-06-25T14:43:36+00:00RBI Governor’s candid interview–Courtesy BLhttps://aniltikotekar4sme.com/2026/06/25/136846/aniltikotekar4sme.comen2026-06-25T14:42:42+00:00Customer Protection Norms–[1] RBI makes it mandatory to to send instant SMS alterts for all EBTs [ Electronic Banking Transactions ] exceeding 500/*-[2] Provide customers round the clock channels to report fraudulent transactions [3] Burden of proving customer liability in complaints involving fraudulent EBTs will rest with the Bank [4] Bonafide victim–could be an individual or a sole proprietor and has suffered a loss upto Rs.50000 due to fraudulent EBTs will be eligible for compensation of 85% of the net los or 25000/*-whichever is lower [5] such compensation will be once in a life time subject to certain specified conditions [6] Net loss will be calculated after deducting any recoveries made either before or after compensation–from the gross loss amount. [7] Banks will be required to establish a ” shadow reversal ” mechanism under which customers will receive temporary or provisional credit for the amount involved in a fraudulent EBT [8] Banks must also ensure that cusomters availing EBT facilities, other than ATM cash withdrawals , mandatorily provide their mobile number and wherever available email address which the bank must verify [9] Customers will be entitled to zero liabiity and reversal of the transaction in cases where fradulent EBT’s occur due negligence or deficiency on the part of the Bank, irrespective of whether the fraud is reported by the customer — Courtesy BLhttps://aniltikotekar4sme.com/2026/06/25/gold-loans-19-4-lakh-crores-as-of-march-2026-6-3-crores-as-of-march-2023-2-rise-of-84-in-fy-26-courtesy-businessline/aniltikotekar4sme.comen2026-06-25T14:41:14+00:00Gold loans 19.4 lakh crores as of March 2026– [ 6.3 crores as of March 2023 ] [2] Rise of 84% in FY 26– Courtesy BusinessLine