Clipped from: https://taxguru.in/income-tax/reassessment-quashed-addition-original-reopening-issue.html Shyama Shyam Infradevelopers Pvt Ltd Vs ITO (ITAT Agra) The appeal before the Income Tax Appellate Tribunal, Agra Bench related to Assessment Year (AY) 2016–17
Section 153A Invoked for Wrong Year; Second Search Abates First – ITAT Quashes Search Assessment for AY 2020-21
Clipped from: https://taxguru.in/income-tax/153a-invoked-wrong-year-search-abates-first-itat-quashes-search-assessment-ay-2020-21.html Amolak Singh Bhatia Vs DCIT (ITAT Delhi) The Delhi Bench ‘E’ of the ITAT quashed the assessment framed under section 153A for AY 2020-21, holding that
Labour Codes to promote gender parity, workforce formalisation: Eco Survey https://mybs.in/2g3D3m7 Download the BS App https://mybs.in/apps for more insights.
?Granddaughter can’t reopen settled family property deal, rules HC; no legal right after mother sold property – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/real-estate/granddaughter-cant-reopen-settled-family-property-deal-rules-hc-no-legal-right-after-mother-sold-property/articleshow/126820235.cms On January 5, 2026 the Bombay High Court observed that a grand-daughter cannot claim rights in a property once her mother and aunt, both legal heirs, have
*******SC dismisses property inheritance case as key witness disowns will, orders natural Hindu succession to apply after mother’s death – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/sc-dismisses-property-inheritance-case-as-key-witness-disowns-will-orders-natural-hindu-succession-to-apply-after-mothers-death/articleshow/126214917.cms On December 4, 2025, the Supreme Court of India dismissed a property inheritance case because the only witness admitted during cross-examination that he
Brothers can’t rewrite father’s will after mother’s death, rules HC, preserves daughters’ share in ancestral property – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/real-estate/brothers-cant-rewrite-fathers-will-after-mothers-death-rules-hc-preserves-daughters-share-in-ancestral-property/articleshow/126679857.cms Listen to this article in summarized format On January 8, 2026, the Andhra Pradesh High Court stopped two brothers from trying to change
*******Why ignoring the urge to pee can put your bladder and kidneys at risk | Health News – Business Standard
Clipped from: https://www.business-standard.com/health/holding-pee-health-risks-bladder-kidneys-uti-infection-126012801104_1.html Busy schedules often lead people to delay bathroom breaks, but doctors warn that repeatedly holing urine can raise the risk of infections Whether
Data privacy, security gain importance as AI adoption accelerates | Tech News – Business Standard
Clipped from: https://www.business-standard.com/technology/tech-news/data-privacy-security-gain-importance-as-ai-adoption-accelerates-126012801296_1.html As artificial intelligence becomes widespread and India implements the DPDP Act, enterprises are being forced to rethink data privacy, governance, and cybersecurity strategies
IBC transformed insolvency landscape, but challenges remain: DFS secretary | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/dfs-secretary-ibc-a-game-changer-transformed-insolvency-landscape-126012801090_1.html To facilitate an expeditious resolution process under IBC and to ensure proper implementation of IBC, six amendments have been carried out in the
*Budget 2026-27: Experts seek reforms to ease I-T litigation backlog | Budget 2026 News – Business Standard
Clipped from: https://www.business-standard.com/budget/news/budget-2026-27-experts-seek-reforms-to-ease-i-t-litigation-backlog-126012801574_1.html Experts suggest direct ITAT access and stronger dispute resolution mechanisms to tackle 5.4 lakh pending tax appeals and ease litigation backlog Tax experts
*Star Health Q3 results: Net profit falls 40% to ₹128 crore | Company Results – Business Standard
Clipped from: https://www.business-standard.com/companies/quarterly-results/star-health-q3-profit-falls-40-pc-to-rs-128-crore-126012801417_1.html During the quarter, gross written premium improved to ₹4,624 crore as against ₹3,796 crore in the same quarter a year ago, Star Health
Fed leaves rates unchanged, signals cautious outlook as US economy improves | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/fed-leaves-rates-unchanged-sees-elevated-inflation-stabilising-job-mkt-126012900037_1.html The Federal Open Market Committee voted 10-2 Wednesday to hold the benchmark federal funds rate in a range of 3.5%-3.75% Credit: Bloomberg Listen
*******Income Tax searches can scan emails, social media and devices: ICAI warns of privacy risk, nudges govt for urgent fix – Money News | The Financial Express
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
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