Cash Gift on Marriage Anniversary Backfires: ITAT Confirms Tax Addition

Cash Gift on Marriage Anniversary Backfires: ITAT Confirms Tax Addition The ITAT partly allowed the Revenue’s appeal against Varun Manchanda, sustaining the Rs. 10.44 lakh cash-gift addition but deleting the additions for Rs. 29.54 lakh credit-card payments and Rs. 1.51 crore received as advance for the sale of agricultural land. The Present appeal has been filed by ITO against Varun Manchanda...

ITR Is Sufficient Proof of Income: HC Enhances Motor Accident Compensation After ITR Was Ignored

ITR Is Sufficient Proof of Income: HC Enhances Motor Accident Compensation After ITR Was Ignored The Jammu and Kashmir High Court held that the Tribunal...

PAN and Aadhaar Misuse: Clay Potter in Uttar Pradesh Gets GST Notice of Rs 1.25 Crore

PAN and Aadhaar Misuse: Clay Potter in Uttar Pradesh Gets GST Notice of Rs 1.25 Crore In a very shocking case, a potter selling cheap...

Inconsistent Claims on Seized Cash Lead to Dismissal of Tax Appeal; HC Upholds Rs. 1.42 Lakh Addition

Inconsistent Claims on Seized Cash Lead to Dismissal of Tax Appeal; HC Upholds Rs. 1.42 Lakh Addition Shantilal Khimjibhai Uchadadia had filed a writ petition...

IPO

Stock Market

Do Bank Frauds Always Mean Audit Failure? CA Explains the Truth

Do Bank Frauds Always Mean Audit Failure? CA Explains the Truth Whenever a bank fraud occurs, the statutory auditor is the first person to be...

ROC Ahmedabad Imposes Penalty for Delay in Appointment of Independent Directors

ROC Ahmedabad Imposes Penalty for Delay in Appointment of Independent Directors The Registrar of Companies (ROC), Ahmedabad, imposed penalties on Rotomotive Powerdrives Private Limited and...

Finance

Business

GST

Personal Finance

Retirement Planning in Focus: NPS Equity Funds Outshine Large-Cap Mutual Funds in 2025

Retirement Planning in Focus: NPS Equity Funds Outshine Large-Cap Mutual Funds in 2025 With inflation on the rise and life expectancy growing, retirement planning has emerged as an important aspect of financial planning for Indian investors. Amongst the...

Top Investment Options for Your Child to Ensure His Future

Top Investment Options for Your Child to Ensure His Future Financial security for a child is a key responsibility of parents. Financial help is needed...

Smart Tax-Saving Strategies: 7 Investment Options for Maximum Benefits

Smart Tax-Saving Strategies: 7 Investment Options for Maximum Benefits Tax planning is an important aspect of financial management, enabling individuals to lower their taxable income...

NSC vs. Bank FDs: Which Offers Better Tax Savings and Greater Returns?

NSC vs. Bank FDs: Which Offers Better Tax Savings and Greater Returns? In seeking secure investment options that are additionally tax deductible, the National Savings...

Tax-Saving for ITR Filing in AY 2025-26: Tax Loss Harvesting a Smart Strategy to Reduce Tax Liability in a Falling Market

Tax-Saving for ITR Filing in AY 2025-26: Tax Loss Harvesting a Smart Strategy to Reduce Tax Liability in a Falling Market With the end of...

Income Tax Officers can Gain Access to your Emails and Social Media Profiles From April 2026

Income Tax Officers can Gain Access to your Emails and Social Media Profiles From April 2026 The new bill is allowing tax officers to gain...

IRDAI released Claim Settlement Ratios for all Indian Life Insurance Companies in 2025

IRDAI released Claim Settlement Ratios for all Indian Life Insurance Companies in 2025 The Insurance Regulatory and Development Authority of India (IRDAI) has released the...

Special-Tenure FD Schemes That Offer Rates up to 8.05%; Invest before March 31, 2025

Special-Tenure FD Schemes That Offer Rates up to 8.05%; Invest before March 31, 2025 Several banks have introduced special fixed deposit (FD) schemes that offer...

5 Changes in March Will Affect Your Wallet; Know How?

5 Changes in March Will Affect Your Wallet; Know How? As the financial year is about to end, it is time to finish a number...

Income Tax

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation Unifi Mutual Fund launched its second scheme, the Unifi Flexi Cap Fund. The New Fund Offer (NFO) for investment was opened till May 30, 2025. This is an open-ended equity...

Cryptocurrency

Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore

Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore Mumbai Police, on Friday, arrested a key official in a forensic audit...

Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft

Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft In an effort to control the rising cyber thefts in the country, the government...

Bitcoin’s Bull Market Explained: What’s Next in the Rally?

Bitcoin’s Bull Market Explained: What’s Next in the Rally? Bitcoin's recent price increase is exciting investors as it gets closer to the $100,000 mark. A...