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CLUBBING PROVISIONS
This is how a company tricks you into thinking it's bigger than it is in realityRevenue is not always the amount written on the invoice. The final number can change because of rebates, returns, penalties, warranties, cu...- Delhi Gymkhana Club served show cause notice in eviction proceedings; asked to explain why it should not be evicted by July 7The Union Government has escalated eviction proceedings against the Delhi Gymkhana Club, issuing a show cause notice under the Public Premi...
- Spouse's FD, shares or gold? You may still have to pay tax under clubbing rules
- 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...
- Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
- ED arrests prime accused Harpreet Talwar in 3000 kg Mundra port Heroin seizure caseEnforcement Directorate has arrested Harpreet Singh Talwar, a key figure in a money laundering probe linked to a massive heroin seizure at ...
- 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...
- 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 ...
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