Clipped from: https://www.financialexpress.com/money/income-tax-searches-can-scan-emails-social-media-and-devices-icai-warns-of-privacy-risk-nudges-govt-for-urgent-fix-4122787/ As the Union Budget 2026–27 draws closer, India’s top accounting body has raised a red flag that could unsettle many taxpayers. The Institute of Chartered
*******Tenants sold property bought from landlord’s wife on the basis of a Will, son raised disputes against Will; Delhi HC stays property sale till final trial – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/tenants-sold-property-bought-from-landlords-wife-on-the-basis-of-a-will-son-raised-disputes-against-will-delhi-hc-stays-property-sale-till-final-trial/articleshow/127628371.cms On January 21, 2026, in an interim judgement, the Delhi High Court prima facie observed that it appears suspicious that an unregistered will with only one attesting
The ‘Mother of all deals’ signed: A new dawn for the India-EU partnership | Economy & Policy Analysis – Business Standard
Clipped from: https://www.business-standard.com/economy/analysis/the-mother-of-all-deals-signed-a-new-dawn-for-the-india-eu-partnership-126012801163_1.html This agreement signifies the commitment of the two largest democracies as champions of open trade amid a rising tide of global protectionism Deep
Repeating an old Indian mistake – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/repeating-an-old-indian-mistake/article70287814.ece The West is capping immigration just as India capped capital flows Immigration: Challenges from within and without | Photo Credit: anyaberkut The West,
*******States of debt – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/states-of-debt/article70557135.ece States must curb populist spending The Reserve Bank of India’s study of State budgets of 2025-26 indicates an urgent need to make States
*******Govt forced to walk a fiscal tightrope – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/govt-forced-to-walk-a-fiscal-tightrope/article70557799.ece Budget should protect capex, ease pressure on middle-class finances, broaden tax base without compressing consumption India today stands at a crossroads. The Finance
A big deal: The India-EU partnership will open up new opportunities | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/a-big-deal-the-india-eu-partnership-will-open-up-new-opportunities-126012701488_1.html India and EU seal historic free trade deal, opening vast markets and cooperation avenues while urging India to boost competitiveness and reforms New
*******Jobs as growth push – Opinion News | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/jobs-as-growth-push/4120085/ Employment should be the Budget’s central theme; the key solution is a competitive economy. On the one hand, the future of work is
*IndusInd bank cracks: Deposits & profits plunge—can Rajiv Anand fix it? – Stock Insights News | The Financial Express
Clipped from: https://www.financialexpress.com/market/stock-insights/indusind-bank-cracks-deposits-amp-profits-plungecan-rajiv-anand-fix-it/4121291/?ref=just_in A slow road to recovery for IndusInd Bank in the December 2025 quarter – pressure on NIM, fall in advances and deposits, and
*******Cash Deposits Explained in Books, Addition Deleted Without Rejection
Clipped from: https://taxguru.in/income-tax/cash-deposits-explained-books-addition-deleted-rejection.html Priya Enterprise Vs ITO (ITAT Surat) Cash Deposits and Sundry Creditors Explained in Books – Additions Deleted in Absence of Rejection of Accounts
*******Reassessment Quashed for Sanction by Incompetent Authority
Clipped from: https://taxguru.in/income-tax/reassessment-quashed-sanction-incompetent-authority.html Suresh Kumar Giddaluru Vs Jurisdictional Assessing Officer (ITAT Surat) Reassessment Quashed for Invalid Sanction: Approval by PCIT Instead of Competent Authority Renders Notice
*******Lal Dora Property Valuation Under Section 50C Clarified
Clipped from: https://taxguru.in/income-tax/lal-dora-property-valuation-section-50c-clarified.html ACIT Vs Guptajee & Company (ITAT Delhi) ITAT Delhi: Lal Dora Property to Be Valued as Agricultural/Residential for Section 50C – Commercial Use
*Fault Lies with Auditor, Not Assessee or GST Dept: Madras HC Quashes Ex Parte Order Passed for Non-Reply [Read Order]
Clipped from: https://www.taxscan.in/top-stories/fault-lies-with-auditor-not-assessee-or-gst-dept-madras-hc-quashes-ex-parte-order-passed-for-non-reply-1431368?TRN300=cEKGZnCUsAUqKvvkWAEMsBGGASzuwDMkevbWaEMhZYAMvDFcyMSKjyDnKMcAXK&LKD333=3372422 The court viewed that the fault is neither on the side of the petitioner nor on the part of the respondent and actually,
*******Email Change Ignored by Department: Calcutta HC Sets Aside S.148A Reassessment Notice [Read Order]
Clipped from: https://www.taxscan.in/top-stories/email-change-ignored-by-department-calcutta-hc-sets-aside-s148a-reassessment-notice-1442253?TRN300=cEKGZnCUsAUqKvvkWAEMsBGGASzuwDMkevbWaEMhZYAMvDFcyMSKjyDnKMcAXK&LKD333=3372397 The Court observed that failure to serve notice on the assessee’s updated email ID violated principles of natural justice The Calcutta High Court
*******Taxpayer cannot be Penalised for Mistake of Previous Tax Consultant: ITAT Grants Relief [Read Order}
Clipped from: https://www.taxscan.in/top-stories/taxpayer-cannot-be-penalised-for-mistake-of-previous-tax-consultant-itat-grants-relief-1442114?TRN300=cEKGZnCUsAUqKvvkWAEMsBGGASzuwDMkevbWaEMhZYAMvDFcyMSKjyDnKMcAXK&LKD333=3372386 When substantial justice and technical considerations are pitted against each other, the cause of substantial justice deserves to be preferred for the other
*Budget 2026-27: Officials behind Nirmala Sitharaman’s ninth Union Budget – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/budget/whos-who-in-the-finance-ministry-team-preparing-budget-2026-27/article70552483.ece Finance Minister Nirmala Sitharaman is finalising Budget 2026-27 with support from a seasoned team of senior Finance Ministry officials. Economic Affairs Secretary Anuradha
*******India’s exports dream likely to run into the hard wall of realities
Clipped from: https://www.business-standard.com/opinion/columns/india-s-exports-dream-likely-to-run-into-the-hard-wall-of-realities-126012500772_1.html Tripling India’s exports by 2035 needs tiger-like performance, open markets and ruthless reform-conditions history suggests India does not yet have The Indian government
*******What the Budget must present in a tough global and job environment | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/what-the-budget-must-present-in-a-tough-global-and-job-environment-126012600890_1.html As the Union Budget nears, the focus must shift to debt, deficits, and borrowing from household savings, and how these choices affect private
*****How a ‘kill switch’ can put a stop to digital arrest scams – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/explainernbsphow-a-kill-switch-can-put-a-stop-to-digital-arrest-scams/4117547/ The Indian government is exploring a mandatory “Kill Switch” for banking and UPI apps to stop real-time financial fraud, including “digital arrests. Government
Banks’ liquidity coverage ratio dips on slow deposits, high funding needs – Banking & Finance News | The Financial Express
Clipped from: https://www.financialexpress.com/business/banking-finance/banks-liquidity-coverage-ratio-dips-on-slow-deposits-high-funding-needs/4119040/ Major Indian banks, including HDFC and Union Bank, have strategically reduced their Liquidity Coverage Ratio (LCR) in the December 2025 quarter. Most banks
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