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Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...- Man sold unlisted shares, bought Rs 5.65 cr house, faced income tax scrutiny; he fought back and won in ITAT Delhi despite low income declarationMr. Bansal successfully appealed a tax demand after claiming Section 54F exemption on Rs 7.59 crore long-term capital gains from unlisted s...
- FIFA World Cup 2026: Iran accuses US of discriminatory treatment after visa denial for delegation staffIran on Saturday slammed World Cup host the United States over what it called "discriminatory treatment" by not granting visas for some mem...
- Lady sold apartment, took Rs 2.5 lakh cash, bought new apartment from son-in-law, paid no tax, got income tax notice; she fights back and wins case in ITAT ChennaiA Chennai woman successfully appealed a tax notice after selling her apartment for Rs 35.5 lakh, including Rs 2.5 lakh in cash, and buying ...
- Will not allow senior advocates to argue during partial court working days: SCThe Supreme Court has decided to bar senior advocates from mentioning or arguing cases during partial court working days until July 12. Thi...
- Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
- AkzoNobel rejects €12.5 billion Nippon Paint, Sherwin-Williams takeover offerDulux paint maker AkzoNobel has rejected a massive takeover offer. Rivals Nippon Paint and Sherwin-Williams proposed a €12.5 billion deal. ...
- Trump govt’s new green card rules leave many questions unansweredA new USCIS policy memo is causing confusion for immigrants seeking green cards in the US. Immigration officers will now apply closer discr...
- Already in the Green Card queue? Here's what the new rules mean for youA new USCIS policy, PM-602-0199, issued May 22, 2026, mandates stricter discretionary review for Green Card applications filed within the U...
- Which visa holders face the highest risk under US’ new Green Card rules?A new USCIS policy memo is increasing discretionary scrutiny for Adjustment of Status applications, particularly impacting non-immigrant vi...
- Green card rules change: An immigration lawyer answers all your key questionsA new USCIS policy memorandum, PM-602-0199, impacts Adjustment of Status applications. Immigration officers will now scrutinize application...
- More red, white & blues for green card applicantsNew United States immigration rules will create more procedural hurdles for Indian professionals and students seeking permanent residency. ...
- Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...
- China’s easiest diplomatic reset: Rename the politicianChina employs a unique diplomatic tactic. By altering names, individuals previously barred from the country can now enter. This linguistic ...
- Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
- Lady took loan for investment into venture capital fund, claimed Rs 1.49 crore interest deduction, was denied by I-T dept; ITAT allows it in a landmark rulingA lady won a tax case in ITAT Mumbai. She claimed Rs 1.49 crore interest deduction on a loan taken for Venture Capital Fund investments. Th...
- SBI employees’ 2-day strike on May 25, 26: Pension fund manager option to ‘NPS employees’, parity issue among 16 demandsSBI employees' nationwide strike May 25, 26: The demands raised by the federation include recruitment of messengers and armed guards, adequ...
- Bypoll Elections 2026 Results LIVE Updates: NCP's Sunetra Pawar takes a decisive lead in Baramti, BJP wins Gujarat, Nagaland and Tripura. Check latest updatesIn a striking demonstration of political momentum, the BJP has bolstered its foothold in the Northeast and Gujarat through recent by-poll v...
- I-T appellate body upholds rejection of Paisabazaar’s Rs 145.91 crore expense claimPaisabazaar has received an order disallowing expenses worth Rs 145.91 crore for FY23 and FY22. The Commissioner of Income Tax (Appeals) up...
- More international students choose New Zealand as preferred study abroad destinationNew Zealand has achieved a national target for international student preference nearly a decade early, with 22% of prospective applicants n...
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