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RELEVANT ACCOUNTING PERIOD
Sell a car. Promise to buy it back. That's not a sale. But companies show it as oneRevenue manipulation does not always sit in the sales line. The clue may be hidden deep in the figures and their explanation. This story ex...- Confused about ITR forms? Check the right ITR for salaried, pensioners, students and other taxpayersSalaried individuals, pensioners, and students must select the appropriate ITR form for AY 2026-2027. Taxpayers not requiring an audit can ...
- Invested in foreign shares? Know how to file ITR with ‘relevant accounting period’ for reporting foreign assets in Schedule FA?Indian residents holding foreign assets must report them in Schedule FA. This reporting uses the calendar year ending December 31, 2025. As...
- Dr Reddy's shares slide 7% after delay in semaglutide supplies over quality concernsDr Reddy's shares fell sharply on Thursday after the company delayed commercial supplies of its semaglutide product due to a quality issue ...
- ITR filing 2026: NRIs need to file Schedule FA in ITR to declare foreign asset for AY 2026-2027 in this caseResident and ordinarily resident individuals must report foreign assets. This disclosure is required in Schedule FA of the income tax retur...
- Antony Waste shares tumble 5% after waste mound collapse at Pune facility; workers feared trappedAntony Waste share price fell 5% after a waste mound at Pimpri Chinchwad facility collapsed due to heavy rainfall. The debris fell onto the...
- 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...
- FCNR(B) FD vs NRE FD: Where can NRIs earn more on $50,000 investment? Compare returns, currency risk and tax benefitsNon-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...
- Opting for presumptive taxation while filing ITR? You may have to face tax audit; here's what you must knowThe Income-tax Act, 2025 introduces a new audit trigger for businesses. This change clarifies audit requirements for low-profit businesses ...
- Uttarakhand Govt forms high-level committee to probe alleged irregularities with donations at Badrinath shrineIn view of the alleged irregularities and complaints related to donations and offerings at Badrinath Dham, and considering the seriousness ...
- CBDT clarification: All approvals like Nil or lower TDS certificate and existing tax benefits will continue under Income Tax Act, 2025; Here’s what it means for youExisting tax benefits and approvals will continue under the Income Tax Act, 2025. Pending applications filed before March 31, 2026, will be...
- New EPF Scheme, 2026: What existing and new PF subscribers should knowIndia's Employees' Provident Fund (EPF) is undergoing a significant modernization with the EPF Scheme, 2026. Existing subscribers will see ...
- Quote of the day by Jennifer Garner: 'You have to have two people to dance in a marriage. It's one of the pains in life...' Lessons on love, heartbreak, and healing after life's toughest setbacks by the American actress known for her versatility and on-screen presence and philanthropyJennifer Garner's powerful words on marriage remind us that relationships need equal effort from both partners. Looking at her divorce from...
- Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
- Quote of the day by Socrates: 'In childhood be modest, in youth...' Life lessons on true character, lifelong balance, boundaries, humility, self-control, fairness, moral responsibility and wisdomQuote of the day by Socrates highlights a philosophy that connects different virtues with every stage of life. The saying explains why mode...
- ED attaches Rs 58-crore assets of wife of Bhushan Steel's ex-promoterThe Enforcement Directorate has seized over Rs 58 crore in assets belonging to Ritu Singal, wife of former Bhushan Steel promoter Neeraj Si...
- Quote of the Day by Jean-Jacques Rousseau: “Those that are most slow in making a promise are the most… – Inspiring lessons on honesty, integrity, trust, responsibility, commitment, and why keeping your word matters more than making promises by the Enlightenment thinker known for his profound ideas on human nature, education, freedom and societyQuote of the Day by Jean Jacques Rousseau: Jean-Jacques Rousseau’s quote, “Those that are most slow in making a promise are the most faithf...
- IRDAI chairman urges insurers to build affordable products for Rs 5-25 lakh cover to boost penetrationIRDAI Chairman Ajay Seth called for insurance companies to prioritise covering a broader range of unique lives rather than merely chasing p...
- FBI reportedly turned to AI after the White House Correspondents' Dinner attack, here's how it worksAI-powered forensic software played a role in the FBI's investigation into the 2026 White House Correspondents' Dinner attempted assassinat...
- Foreign investments in your portfolio? Follow this ITR checklist to avoid tax scrutinyResident and Ordinarily Resident (ROR) taxpayers with foreign assets or income must carefully disclose overseas investments, dividends and ...
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