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COMMUNICATIONS DECENCY ACT SECTION 230
Salaried employee earning Rs 68 lakh donates Rs 12 lakh to political party, claims tax deduction; I-T dept denies it; he contests but loses in ITAT AhmedabadEmployee with Rs 68 lakh salary donated Rs 12 lakh to political party for Section 80GGC tax break; ITAT Ahmedabad upholds tax dept's order ...- Apple wins dismissal of lawsuit over child sexual abuse material on iCloudU.S. District Judge Noel Wise in San Jose, California, in a ruling late Monday, agreed with Apple's argument that the company is immune fro...
- Bengaluru landowner sells 17 apartments, earns Rs 11.8 crore LTCG, pays no tax; I-T dept sends notices; he contests and wins in ITAT BangaloreLandowner sells 17 apartments, earns Rs 11.8 crore gains, paid no tax, reinvests gains into 5 properties; tax dept sent notice; he wins cas...
- Calcutta Stock Exchange seeks to put exit application on holdThe Calcutta Stock Exchange requested Sebi to withhold its exit application. This action follows the West Bengal government's support for r...
- CCI finds laptop maker HP rigged bids, levies Rs 14.28 crore penaltyThe Competition Commission of India imposed a Rs 14.28 crore penalty on HP India and its resellers. This action followed findings of cartel...
- The Rs 7.50 lakh myth: Why employer's NPS contribution must be included in salary for claiming deduction under Section 80CCD(2)As the due date for filing ITRs for AY 2026-27 approaches, many salaried taxpayers are finding that the ITR utility does not allow deductio...
- CCI slaps over Rs 140-cr penalties on HP India, resellers for breach of antitrust rulesThe Competition Commission of India imposed significant penalties on HP India and its resellers. These fines total Rs 142.37 crore for alle...
- Bought a new apartment but facing structural, workmanship, or quality issues? Builders must repair it within 30 days if... Know your rights under RERABuilders must repair structural and quality defects within five years of possession. Homebuyers can report issues and expect repairs within...
- Income tax penalties explained: Under-reporting, not furnishing ITR, and more -Defaults and penalties under different sectionsIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 1...
- Presumptive taxation: Rebate to losses & deductions, what is the practical impact of changes under Income Tax Act, 2025Under the old Income Tax Act, 1961, the regime operated under three separate provisions. The new Income Tax Act, 2025 consolidates them int...
- 10 major changes in ITR forms for AY 2026-2027 that you must know before filing ITRNew Income Tax Return forms for AY 2026-2027 introduce significant reporting changes. Taxpayers must now report futures and options trading...
- Exempted Trust under EPFO may regularise their status under Amnesty Scheme, 2026, says the retirement fund bodyThe Employees' Provident Fund Organisation has launched a new amnesty scheme for provident fund trusts. This one-time opportunity allows ex...
- Meta appeals verdict in social media addiction lawsuitMeta has appealed a landmark social media addiction lawsuit verdict in Los Angeles. The company challenges the jury's determination that it...
- Govt eases shipping rules for GIFT City to spur maritime leasing, financeGIFT City IFSC units are now exempt from a specific shipping license. This exemption aims to boost India's maritime leasing and financing e...
- Headmistress to be prosecuted under POCSO; Supreme Court says anyone failing to report child sexual abuse can face actionThe Supreme Court has expanded the definition of knowledge under the POCSO Act. Anyone aware of a sexual offense against a child must repor...
- Person receiving info from minor victim about sexual assault must report to authorities: SCSupreme Court declared minor victim reports credible under POCSO Act. Recipients must report sexual assault information to authorities imme...
- Merger of banks does not shield tenant from eviction under Delhi Rent Control Act: SCThe Supreme Court ruled bank mergers do not bypass landlord consent for eviction. Punjab National Bank must vacate premises by January 2027...
- Opting for presumptive taxation while filing ITR? You may have to face tax audit; here's what you must knowThe Income-tax Act, 2025 introduces a new audit trigger for businesses. This change clarifies audit requirements for low-profit businesses ...
- CBDT clarification: All approvals like Nil or lower TDS certificate and existing tax benefits will continue under Income Tax Act, 2025; Here’s what it means for youExisting tax benefits and approvals will continue under the Income Tax Act, 2025. Pending applications filed before March 31, 2026, will be...
- The US lags other countries in social media restrictions for kids, but a reform push is growingTwo mothers, Amy Neville and Kristin Bride, are spearheading a movement for stronger online child safety after losing their sons to social ...
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