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SECTION 65B INDIAN EVIDENCE ACT
Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
A tax-law argument could make or break Trump's H-1B $100,000 planA US court blocked a $100,000 H-1B visa fee, deeming it an unconstitutional tax imposed by presidential authority without congressional app...
Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...
16 fixed-dose combination drugs banned in India: Check full list hereFixed dose combination banned full list: India has banned 16 fixed-dose combination drugs, including certain antibiotics and antispasmodics...
Bihar court grants interim relief to educator Khan Sir in coaching institute firing caseA Bihar court granted interim relief to popular educator Faisal Khan, known as 'Khan Sir', in a firing and vandalism case. The court issued...
South Indian Bank raises FCNR deposit rate to 6.5 pc after RBI swap windowSouth Indian Bank has boosted interest rates on US dollar deposits for Non-Resident Indians to 6.5% per annum for 3-5 year tenures. This mo...
Indian techie forced to return to India after losing H-1B status following layoff, asks: ‘How do I start over?’An Indian software professional is returning to India after five years in the U.S. with debt and no savings, feeling defeated by layoffs, v...
ED to file money laundering case over ₹95 crore foreign funds routed to Maoist areasThe Enforcement Directorate will file a money laundering case. This probe will investigate foreign funds allegedly sent into Left-Wing Extr...
ITR filing due dates for AY 2026-27: July 31 is not the deadline for every taxpayer; check 5 other tax filing due datesThe Income Tax Department has set July 31, 2026, as the deadline for most individual taxpayers, including the salaried class, to file their...
FCNR deposit rates up to 6.5%: Bank of Baroda, Indian Overseas Bank and others launch schemes for NRIs, OCIsFollowing RBI's measures to boost foreign currency inflows, several banks like Canara Bank, Federal Bank, Bank of Baroda, and IOB have laun...
Telegram blocked, edit feature disabled before NEET re-examIncidentally, the exam, originally held on May 3, was cancelled after the National Testing Authority (NTA) discovered that several question...
SC seeks ECI, Centre responses on plea against Aadhaar use beyond identity proofThe Supreme Court is examining a plea to ensure Aadhaar is used solely for identity verification. The petition argues its use for citizensh...
NEET-UG 2026 re-exam: Indian Army helicopter transports question papers to Tirunelveli amid tight securityThe NEET examination held last month was cancelled following allegations of question paper leakage, after which authorities announced that ...
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
Can you sell household items worth more than Rs 2 lakh in cash? Check the tax rulesA woman successfully challenged the Income Tax Department's addition of Rs 10.80 lakh as unexplained cash. The ITAT Chennai ruled in her fa...
Govt employee missing for over 7 years; son denied compassionate job, loses case in HC for this reasonA son's plea for a compassionate job after his government employee father went missing for over seven years was rejected by the Telangana H...