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CHARTERED ACCOUNTANT
Tax Audit Report deadline: Who needs to upload it by September 30, 2026The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants...- Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
- Foxconn, Tata Electronics in overdrive for making iPhone 18 Pro and Pro Max models for exportsApple iPhone 18 Pro and iPhone 18 Pro Max production is running round the clock in India, with Foxconn and Tata Electronics factories shipp...
- Bank of England sounds inflation alarm as it holds interest ratesThe Bank of England has decided to hold interest rates steady at 3.75 percent and is currently halting gilt sales. With inflation risks esc...
- ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...
- Taxman's JAARing move opens fresh debate over Mauritius treatyThe recent invocation of JAAR, a GAAR-type tool in the armoury of the taxman, in a certain case has stunned many. Even though technically t...
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
- HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT CityHSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...
- Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reasonStudent gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case in ITAT Delhi; Know ...
- BRICS Declaration condemns Pahalgam terror attack, backs India's UNSC aspirationsBRICS countries condemned the 2025 Jammu and Kashmir terrorist attack in Pahalgam. The New Delhi Declaration called for zero tolerance towa...
- Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...
- CA reveals how Marwari women manage and save money expertly without MBA degrees: ‘Her kitchen is her business school. Stale parathas are…'In a viral video, entrepreneur and chartered accountant Ankit Agrawal discussed how Marwari women are the backbone of the community and are...
- Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT MumbaiRs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai g...
- Supreme Court to hear on Sep 15 IAS officer's plea to quash cognisance order in money laundering caseThe Supreme Court will hear IAS officer Pooja Singhal's plea on September 15. She challenges a Jharkhand High Court order dismissing her pe...
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
- HDFC AMC appoints Ihab Dalwai as Senior Fund Manager – EquitiesIhab Dalwai has been appointed as a Senior Member of Investments at HDFC Asset Management Company, where he will oversee equity assets for ...
- Buried aspirations: Grieving families say, if this isn’t murder, what is? after losing CA and IAS aspirants to Satya Niketan PG disasterA five-story paying-guest facility collapsed in Delhi's Satya Niketan, killing seven students. Many victims were young students returning h...
- Bank OTPs were sent to duplicate SIM card instead of real one, audit company loses Rs 79 lakh; Bank of India ordered to pay Rs 1.5 croreAn IT Act adjudicating authority has ordered Bank of India to pay Rs 64.44 lakh, which works out to nearly Rs 1.5 crore with 12% annual int...
- CA manager with Rs 2.6 lakh salary returns after maternity leave on same pay but was given less responsibilites; court orders Rs 10 lakh compensationDelhi High Court ruled maternity protection includes job responsibilities and career prospects. A Chartered Accountant Rakhi Bisht's role w...
- ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...
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