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SECTION 69A EXPLAINED
Phrase of the day: 'Break a leg' - meaning, examples, usage and similar English sayings explainedPhrase of the day: The phrase 'break a leg' traditionally wishes performers good luck. This unusual expression is used before important pla...- Man orders food from 1,500 km away for Delhi Jantar Mantar protesters: Delivery note reads 'give this meal to whoever looks hungry'; act of kindness wins heartsA Mumbai resident named Anuj Rawat has won praise online after ordering food on Zomato for strangers protesting at Delhi's Jantar Mantar on...
- What did you do after your husband was attacked: SC questions Sonam Raghuvanshi's conductThe Supreme Court questioned Sonam Raghuvanshi's actions in her husband's murder case. She is accused of killing her husband during their h...
- ITR filing: Got Section 143(1) intimation after filing your income tax return? Here’s what it meansAfter filing your Income Tax Return, you may receive a Section 143(1) intimation notice. This notice confirms the tax department's prelimin...
- Seismic waves reveal hidden 100-million-year-old magma pathways beneath world's largest oceanic plateauScientists found ancient magma pathways beneath the Ontong Java Plateau. These preserved underground structures show massive volcanic activ...
- ITR filing: How Bitcoin, NFTs, airdrops, gifted crypto, and overseas wallets are taxed in India and how to report themIndia's virtual digital asset taxation remains among the world's toughest. Investors face a flat thirty percent tax on gains and one percen...
- Phrase of the day: 'Every cloud has a silver lining' - meaning, origin, examples usage, similar idioms and sayings on hope explainedPhrase of the day: Difficult situations may still contain a positive side, even if it takes time to notice. The phrase "Every cloud has a s...
- Employee wrongly reported Rs 65.21 lakh VRS payout in ITR, lost tax relief; ITAT Pune rules the amount is not taxable and grants him reliefEmployee got Rs 65.21 lakh as VRS after company shut plant, but wrong ITR reporting led to tax dispute; ITAT Pune rules in his favour and g...
- Name appearing in builder's records showing cash payment: Will you need to pay income tax for such property purchase? Here’s what ITAT saidCan the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ruling explains when third-party ...
- The surprising reason scientists say comets would smell absolutely terribleScientists discovered Comet 67P emits a foul odor from its chemical makeup. This comet's surrounding coma contained gases like hydrogen sul...
- FCRA renewal data: CIC says blanket denial appears 'misplaced', flags obstruction of RTI rightThe Central Information Commission found the Home Ministry's denial of FCRA renewal data misplaced. It stated the CPIO obstructed the appli...
- Why do songs get stuck in your head? Harvard expert and Cleveland Clinic explain the surprising science behind 'earworms' and how to stop themEarworms are common involuntary musical images that replay in our minds. Catchy melodies and emotional memories often trigger these repeati...
- Govt considering amendment in IT Rules for OTT platforms, action against ZEE5: SourcesThe government is considering amending IT Rules 2021 for OTT film certification. This development follows controversy over the uncensored f...
- India-UK FTA explained: No new work visa, but these professionals benefitThe India-UK FTA does not introduce a new UK work visa or relax Britain's immigration rules, despite common misconceptions. Instead, it fac...
- Heat Dome vs Heatwave: Key differences explained and why they matterHeat domes are atmospheric patterns causing prolonged extreme heat events. Heatwaves describe the actual period of unusually hot weather ex...
- 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...
- What happens if you miss July 31, 2026, ITR filing deadline? Why you should not miss this due dateThe belated Income Tax Return filing deadline for AY 2026-27 is December 31, 2026. Missing this date can result in losing tax refunds and i...
- 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...
- Delhi High Court restores Cockroach Janta Party's X handle in massive win for founder Abhijeet DipkeThe Delhi High Court ordered the restoration of the X account for Cockroach Janta Party. This decision revoked the Centre's earlier blockin...
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