ITAT Holds Section 80G Registration Cannot Be Denied for Incidental Religious Activities

ITAT Holds Section 80G Registration Cannot Be Denied for Incidental Religious Activities The ITAT Delhi allowed a Charitable Trust’s appeal, holding that 80G registration cannot be denied merely due to incidental religious clauses. Since its main objectives were charitable and not wholly religious, approval under Section 80G was directed. Shri Baba Balakpuri Ji Charitable Trust has filed an appeal before the...

ITAT Quashes Penalty for Breaching Principles of Natural Justice; Remands Case for Fresh Adjudication

ITAT Quashes Penalty for Breaching Principles of Natural Justice; Remands Case for Fresh Adjudication The ITAT in a recent case has held that every taxpayer...

ITAT Condones Delay and Grants Fresh Opportunity After Notices Sent to Outdated Email IDs

ITAT Condones Delay and Grants Fresh Opportunity After Notices Sent to Outdated Email IDs The Income Tax Appellate Tribunal (ITAT), Delhi, has offered significant relief...

Common Approval Under Section 153D for Multiple Years is Invalid: ITAT

Common Approval Under Section 153D for Multiple Years is Invalid: ITAT The ITAT quashed the assessments for AY 2011-12 to 2016-17, holding that a common...

IPO

Stock Market

Supreme Court to Decide IT Dept’s Scope to Condone 30 Months Delayed ITR Under Section 119(2)(b)

Supreme Court to Decide IT Dept's Scope to Condone 30 Months Delayed ITR Under Section 119(2)(b) The Supreme Court of India is about to clarify...

ITAT Deletes Rs. 25 Lakh Addition, Holds Cash in Wife’s Locker Cannot Be Taxed Without Proof of Ownership

ITAT Deletes Rs. 25 Lakh Addition, Holds Cash in Wife’s Locker Cannot Be Taxed Without Proof of Ownership ITAT allowed the assessee’s appeal and removed...

Finance

Business

GST

Personal Finance

Retirement Planning in Focus: NPS Equity Funds Outshine Large-Cap Mutual Funds in 2025

Retirement Planning in Focus: NPS Equity Funds Outshine Large-Cap Mutual Funds in 2025 With inflation on the rise and life expectancy growing, retirement planning has emerged as an important aspect of financial planning for Indian investors. Amongst the...

Top Investment Options for Your Child to Ensure His Future

Top Investment Options for Your Child to Ensure His Future Financial security for a child is a key responsibility of parents. Financial help is needed...

Smart Tax-Saving Strategies: 7 Investment Options for Maximum Benefits

Smart Tax-Saving Strategies: 7 Investment Options for Maximum Benefits Tax planning is an important aspect of financial management, enabling individuals to lower their taxable income...

NSC vs. Bank FDs: Which Offers Better Tax Savings and Greater Returns?

NSC vs. Bank FDs: Which Offers Better Tax Savings and Greater Returns? In seeking secure investment options that are additionally tax deductible, the National Savings...

Tax-Saving for ITR Filing in AY 2025-26: Tax Loss Harvesting a Smart Strategy to Reduce Tax Liability in a Falling Market

Tax-Saving for ITR Filing in AY 2025-26: Tax Loss Harvesting a Smart Strategy to Reduce Tax Liability in a Falling Market With the end of...

Income Tax Officers can Gain Access to your Emails and Social Media Profiles From April 2026

Income Tax Officers can Gain Access to your Emails and Social Media Profiles From April 2026 The new bill is allowing tax officers to gain...

IRDAI released Claim Settlement Ratios for all Indian Life Insurance Companies in 2025

IRDAI released Claim Settlement Ratios for all Indian Life Insurance Companies in 2025 The Insurance Regulatory and Development Authority of India (IRDAI) has released the...

Special-Tenure FD Schemes That Offer Rates up to 8.05%; Invest before March 31, 2025

Special-Tenure FD Schemes That Offer Rates up to 8.05%; Invest before March 31, 2025 Several banks have introduced special fixed deposit (FD) schemes that offer...

5 Changes in March Will Affect Your Wallet; Know How?

5 Changes in March Will Affect Your Wallet; Know How? As the financial year is about to end, it is time to finish a number...

Income Tax

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation

Unifi Mutual Introduces Flexi Cap Fund with Growth and Diversification Orientation Unifi Mutual Fund launched its second scheme, the Unifi Flexi Cap Fund. The New Fund Offer (NFO) for investment was opened till May 30, 2025. This is an open-ended equity...

Cryptocurrency

Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore

Audit Firm Director Arrested for Stealing Seized Digital Assets of Rs 30 Crore Mumbai Police, on Friday, arrested a key official in a forensic audit...

Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft

Government Mandates Cybersecurity Audits for Crypto Exchanges to Prevent Cyber Theft In an effort to control the rising cyber thefts in the country, the government...

Bitcoin’s Bull Market Explained: What’s Next in the Rally?

Bitcoin’s Bull Market Explained: What’s Next in the Rally? Bitcoin's recent price increase is exciting investors as it gets closer to the $100,000 mark. A...