Income Tax

Reopening Without Independent Verification by AO is Bad in Law: ITAT

Reopening Without Independent Verification by AO is Bad in Law: ITAT The Income Tax Appellate Tribunal (ITAT), Ahmedabad, quashed a reassessment order holding that it was initiated without proper application of mind. The case of the assessee, Himanshu Daksheshkumar Katwala, was reopened under section 147 of the Income Tax Act, based on the information received from the Investigation Wing. This information...

GST Portal Update: Pre-Deposit Amount Now Editable in Appeals

GST Portal Update: Pre-Deposit Amount Now Editable in Appeals The Goods and Services Tax Network (GSTN) announced an update regarding the pre-deposit percentage on its...

Delhi CM Conducts Surprise Inspection at State GST Office, ITO; Several Officials Found Absent

Delhi CM Conducts Surprise Inspection at State GST Office, ITO; Several Officials Found Absent On Wednesday, a surprise GST inspection was conducted at the State...

ITAT Condones 705-Days Delay and Restores Matter As Notices Sent to Former Consultant’s Email

ITAT Condones 705-Days Delay and Restores Matter As Notices Sent to Former Consultant's Email The Income Tax Appellate Tribunal (ITAT), Ahmedabad bench, remanded a case,...

IPO

Stock Market

MCA Portal Update: File MSME Form 1 by April 30 to Avoid Penalties

Finance Vanshika - 0
MCA Portal Update: File MSME Form 1 by April 30 to Avoid Penalties The Ministry of Corporate Affairs (MCA) has issued an advisory drawing the...
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Lack of Evidence Costs Partnership Firm: ITAT Upholds Disallowance on Excessive Remuneration

Income Tax Saloni - 0
Lack of Evidence Costs Partnership Firm: ITAT Upholds Disallowance on Excessive Remuneration The ITAT Ahmedabad dismissed an appeal filed by a partnership firm for the...
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Finance

Business

GST

Personal Finance

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

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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...
Personal Finance

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...
Personal Finance

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...
Personal Finance

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...
Personal Finance

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...
Personal Finance

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...
Personal Finance

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...
Personal Finance

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...
Personal Finance

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

Mutual Fund

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation

Anisha Kumari -
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

CBI Arrests Co-Founder of Darwin Labs for Role in Rs 20,000 Crore GainBitcoin Scam

Cryptocurrency Nidhi - 0
CBI Arrests Co-Founder of Darwin Labs for Role in Rs 20,000 Crore GainBitcoin Scam The Central Bureau of Investigation (CBI) arrested Darwin Labs co-founder Ayush...
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Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore

Cryptocurrency Nidhi - 0
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...
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Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft

Cryptocurrency Nidhi - 0
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...
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