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, ...
21 Jun, 2026, 01.48 PM IST
Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
19 Jun, 2026, 10.27 AM IST
Warren Buffett on stock market: Fools give you reasons, wise men never tryWarren Buffett gave himself a D in capital allocation – his worst grade ever. But the confession came along with a warning that would prove...
17 Jun, 2026, 11.47 AM IST
Daughter becomes co-owner of family property via oral arrangement; she files tenant eviction case and wins in Supreme CourtA daughter, a co-owner of family property through an oral arrangement, has won a tenant eviction case in the Supreme Court. The court ruled...
11 Jun, 2026, 11.47 AM IST
Marriage over, liability remains: HC orders husband to pay maintenance to wife despite his student status16 year old student married 25 years old girl; After marriage breaks down she asks for maintenance which he denies on the ground of being a...
09 Jun, 2026, 11.29 AM IST
For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residentsThe Bombay High Court has backed housing society members in a redevelopment dispute. A builder delayed a project for 13 years, prompting th...
09 Jun, 2026, 07.11 AM IST
Wife’s MBA degree or past employment with MNCs can’t stop her from demanding maintenance, rules HCAn Allahabad High Court ruling states a wife's education or earning potential does not disqualify her from maintenance. The court considere...
29 May, 2026, 08.16 PM IST
Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
29 May, 2026, 04.51 PM IST
Redevelopment dispute between landlord and tenant: HC asks tenant to pay Rs 5 lakh for using ‘elite form of coercion and extortion’ against landlordBombay High Court dismissed a tenant's plea to recognize a new builder in a redevelopment case. The court found no contract between the new...
25 May, 2026, 07.51 AM IST
Son’s two shops were stated to be demolished without compensation; HC stops demolition as he produced a registered sale deedA man successfully saved his two shops from demolition by the municipality. The shops were slated for removal to widen a road. The Andhra P...
20 May, 2026, 08.00 AM IST
Bhojshala case: MP HC refers to 10 principles laid down by SC in Ayodhya verdictThe Madhya Pradesh High Court has referenced the Supreme Court's ten principles from the Ayodhya verdict. This is in relation to the Bhojsh...
16 May, 2026, 06.27 PM IST
Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
14 May, 2026, 12.52 PM IST
US-based son gets tax notice in India over Rs 11 lakh cash deposit made on behalf of parents during demonetisation; ITAT Delhi cancels notice for this reasonA US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...
04 May, 2026, 11.32 AM IST
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...
02 May, 2026, 12.17 AM IST
UK tenancy rule change from May 1, 2026: Landlords can no longer evict tenants through no-fault evictions, Here’s four other changes for tenants in the United KingdomThe UK's Renters' Rights Act, effective May 1, 2026, significantly overhauls tenant protections. Key changes include abolishing 'no-fault' ...
01 May, 2026, 04.58 PM IST
How latest Supreme Court Judgment expands daughter's legal rights to father's propertyThe latest Supreme Court Judgement deals with the issue of the legal right of a daughter to inherit 'self-acquired' property of her father ...
21 Feb, 2022, 10.22 AM IST
The World Bank has its own way of ranking India poorlyWe shouldn’t be obsessed with how the World Bank ranks us. But it is a pointer to how India may set its house in order to improve in the fu...
13 Nov, 2017, 09.15 PM IST