Son gets income tax notice for Rs 33.23 lakh in property investment and cash; he gets relief in ITAT Jaipur for this reasonMother sold 642 grams gold jewellery, gifts the amount to son via notarised gift deed, son buys property and deposits cash in bank but gets...
04 Nov, 2026, 10.15 AM IST
36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techieMicron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their ann...
03 Nov, 2026, 10.14 PM IST
Thieves enter home after birthday party, use leftover cake to cover CCTV and steal Rs 9 lakh worth jewellery after woman posts gifts on InstagramThree burglars allegedly broke into a Kolkata businessman's home hours after his wife shared a picture wearing a Rs 5 lakh birthday necklac...
03 Nov, 2026, 05.33 PM IST
Gold and cash worth over Rs 8 lakh stolen from locked First AC coupe on Deoria-bound train; family alleges no police help, Gonda cops demonstrate how cabin door opens from outsideA couple travelling with their one-year-old child has alleged that gold jewellery worth Rs 7-8 lakh and cash were stolen from their locked ...
03 Nov, 2026, 04.38 PM IST
India's data centre capacity set for 5x surge by 2030By March 2030, India’s data centre capacity is projected to soar to 7.5 gigawatts, fueled by escalating demand from global hyperscalers and...
03 Nov, 2026, 03.04 PM IST
LTCG abolition may cost just Rs 40,000–50,000 crore, SBI estimates showSBI Research estimates that abolishing long-term capital gains (LTCG) tax would cost the government just Rs 40,000–50,000 crore in FY27, fa...
03 Nov, 2026, 10.31 AM IST
Rajasthan man opens bank app to check balance, finds Rs 10,00,00,00,00,000 lien on account where he had Rs 55,000; bank blocks his entire savingsA 22-year-old medical store employee in Rajasthan's Sikar, earning Rs 10,000 a month, found a Rs 1 lakh crore lien on his Kotak Bank accoun...
03 Nov, 2026, 10.23 AM IST
₹16 lakh jewellery, ₹3.88 lakh cash treated as unexplained income; here’s why the taxpayer wins at ITAT HyderabadIn a significant ruling, the Hyderabad ITAT absolves Mr Chintakunta of tax additions regarding unexplained cash and jewellery found during ...
03 Nov, 2026, 10.09 AM IST
Rs 3.2 crore found in blue drums buried in UP village; police probe brothers' Mumbai, Pune linksThe recovery of Rs 3.2 crore from three buried blue drums in Uttar Pradesh's Nawabganj has prompted investigators to examine two brothers' ...
02 Nov, 2026, 03.02 PM IST
Rs 60 lakh cash deposit in widow's bank account triggers income tax notice for unexplained credit; she fights back and wins in ITAT PuneMs Parve’s counsel argued in ITAT Pune that she is a housewife and never filed her income tax return (ITR) as she had no independent source...
02 Nov, 2026, 01.27 PM IST
Rs 36.4 crore gold stolen, lakhs in cash looted by 4 men including ex-cop in Maharashtra; villagers chase them 17 km, recover lootA bank robbery occurred in Bhokar village of Maharashtra, where four men stole cash and gold. The robbery unfolded during standard banking ...
02 Nov, 2026, 01.01 PM IST
RS bypoll affidavit: Wife wealthier than Hardeep Singh Puri, owns Geneva apartmentHardeep Singh Puri filed his nomination papers for the Rajya Sabha bypoll scheduled on November 12. His affidavit reveals his wife, Laxmi P...
01 Nov, 2026, 04.58 PM IST
FPIs pull out Rs 34,843 cr from equities in Oct; turn net buyers last weekAmidst rising economic fears, foreign portfolio investors withdrew Rs 34,843 crore from Indian equities in October. Although they had made ...
01 Nov, 2026, 11.55 AM IST
- Gurgaon man pays Rs 20,000 rent, takes bike trips to mountains, says Rs 30 lakhs a year is enough; blames people for spending too much
A LinkedIn post questioning whether Rs 30–50 lakh a year is enough to live in Gurgaon has sparked a debate. The author recalled paying Rs 2...
31 Oct, 2026, 05.10 PM IST
India's ESOP tax rules need reform to ease employee burdenIndia’s ESOP tax rules impose tax on unrealised gains before employees receive cash, creating liquidity pressures. Reforming taxation throu...
30 Oct, 2026, 11.22 PM IST
Rs. 15 lakh crore of revenue, questioned by authorities – and the real worry was where the cash wentA company can report a loan, an advance, or an investment even after the cash has moved beyond its control. Sometimes the explanation is le...
30 Oct, 2026, 07.31 PM IST
₹20.45 lakh cash deposits, ₹12.64 lakh capital gains from property sale questioned by Income Tax Department; here’s why woman wins relief at ITAT HyderabadA Telangana woman successfully challenged an income-tax dispute involving substantial cash deposits and a property sale. The ITAT Hyderabad...
29 Oct, 2026, 11.22 AM IST