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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...- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- Time to be selectively bullish again? 5 small-cap stocks from different sectors with upside potential of up to 29%The conditions that created the worst 18 months for small-caps are starting to ease. The US-Iran war is moving towards settlement. Crude pr...
- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- From Rajasthan's border town to Team India: Who is Manav Suthar, the left-arm sensation handed his Test debut?Manav Suthar earned his first India Test cap on Saturday. The Rajasthan all-rounder received his cap from Kuldeep Yadav. Suthar's journey f...
- Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
- Government operationalises amended insolvency law, sets 14-day admission deadline for NCLTOn May 26, significant updates to the insolvency law took effect, geared towards hastening the resolution of companies facing bankruptcy. T...
- Delhi Gymkhana Club vs Centre: The legal fight over one of India’s most elite social addressesThe Centre has ordered the Delhi Gymkhana Club to vacate its 27.3-acre Lutyens' Delhi premises by June 5, citing urgent need for defence in...
- Delhi Gymkhana Club row: HC refuses interim relief after Centre assures prior notice before evictionThe Delhi High Court has refused interim relief to the Delhi Gymkhana Club. The Centre assured the court that any eviction action will foll...
- Order asking Delhi Gymkhana Club to hand over premises brings focus on Centre's legal powersThe Centre has ordered the Gymkhana Club in Lutyens' Delhi to surrender its 27.3-acre property. This move is for strengthening defence infr...
- What running a business in India actually looks like: Nightmare of CEOs these days is conversion of commercial disputes into criminal casesA corporate crisis manager describes how business disputes in India are increasingly being turned into criminal cases, exposing executives ...
- Who can file ITR-1 this year? Common mistakes to avoid while filing ITR-1 for AY 2026-27 on or before July 31, 2026Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹5...
- Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
- SC likely to hear petitions challenging sections of India’s first privacy law this monthThe petitioners are the Reporters' Collective, the Editors Guild of India, the National Campaign for People's Right to Information, Mazdoor...
- Jammu: Kashmiri Pandits protest; seek rehabilitation policy, fresh job packageDisplaced Kashmiri Pandits staged a protest in Jammu. They are demanding a comprehensive rehabilitation policy for their return to Kashmir ...
- How managements hide debt, losses, and disputes without breaking a single accounting rule – and take investors for a rideA listed company rarely operates alone. Behind it can sit a web of subsidiaries, step-down entities, associates, overseas arms, and special...
- West Bengal Election Results 2026 Date and Time: When counting will take place and where to check resultsWest Bengal Assembly Election Results 2026 date and time: West Bengal's Phase II polling concludes on April 29, 2026, with vote counting fo...
- If I gift my Rs 2 lakh to my wife who plans to invest in FD, who will pay income tax on interest earned?ET Wealth Reader's Query: I am the only earning member of my family. My company has given me a bonus of Rs 2 lakh this year (after deductin...
- Airline loses bag with sacred items; Indian passenger to get Rs 1.19 lakh compensationAn Indian airline has been ordered to pay Rs 1.19 lakh to passengers for losing checked-in baggage containing sacred items and costly cloth...
- Tax on destination wedding outside India: Will income tax apply on gifts in form of cash, property, gold jewellery? Know the rulesWhether it is cash, gold, car, or even a property, if gifted to the bride or the groom on their wedding, no tax would be levied on the gift...
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