ITAT Deletes Rs 87 Lakh Section 68 Addition After Finding No Evidence of Assessee’s Involvement in Accommodation Entries

ITAT Deletes Rs 87 Lakh Section 68 Addition After Finding No Evidence of Assessee’s Involvement in Accommodation Entries The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition of Rs 87 lakh made under Section 68 of the Income Tax Act in the case of Late Govindram Mathuradas Agarwal for Assessment Year 2012-13. The case involved a...

GST Enforcement Team Raids Five Business Premises in Sribhumi Over Alleged Tax Evasion

GST Enforcement Team Raids Five Business Premises in Sribhumi Over Alleged Tax Evasion The GST Intelligence and Enforcement wing of Assam carried out search operations...

Reliance Communications Loan Case: CBI Chargesheets Amitabh Jhunjhunwala Over Alleged Conspiracy Behind Rs 1,200 Crore SBI Loan

Reliance Communications Loan Case: CBI Chargesheets Amitabh Jhunjhunwala Over Alleged Conspiracy Behind Rs 1,200 Crore SBI Loan The Central Bureau of Investigation (CBI) has filed...

ITAT Quashes Rs 37.71 Lakh Tax Assessment After ITO Issues Section 143(2) Notice Despite CBDT Jurisdictional Limits

ITAT Quashes Rs 37.71 Lakh Tax Assessment After ITO Issues Section 143(2) Notice Despite CBDT Jurisdictional Limits The Delhi Bench of the Income Tax Appellate...

IPO

Stock Market

ICAI Launches GST Guide Covering Key Fast-Moving Consumer Goods Industry Issues

ICAI Launches GST Guide Covering Key Fast-Moving Consumer Goods Industry Issues The Institute of Chartered Accountants of India (ICAI) has recently released a GST Sectoral...

CBI Court in Jaipur Sentences Bank Official to 7 Years in Fraud Case

CBI Court in Jaipur Sentences Bank Official to 7 Years in Fraud Case The CBI Court in Jaipur has sentenced Murari Lal Meena, a former...

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

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

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...

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...