Reporting ULIP payout of Rs 3.22 crore under wrong head in ITR triggers tax penalty; ITAT Hyderabad cancels penalty

Man invested Rs 75 lakh in three ULIPs in 2006 and surrendered them for Rs 3.22 crore in 2020; tax dept send notice and ...
Tax Guru

Internal Director Disputes Not ‘Genuine Hardship’ for ITR Filing Delay: Delhi HC

Delhi High Court held that internal disputes among company directors do not justify condonation of delay in filing ITR, upholding statutory compliance ...

When a reporting lapse can turn honest taxpayers into ‘black money’ accused

Taxpayers face severe penalties for failing to disclose foreign assets, even inadvertently. A Mumbai executive received a ₹40 ...
Tax Guru

Order Set Aside as CIT(A) Relied on Additional Evidence Without Remand Report

Revenue challenged deletions of additions in a scrutiny assessment, highlighting procedural lapses under Rule 46A. Tribunal remitted the matter for fresh adjudication considering additional evidence ...

ITR filing: Received ‘nudge’ from Income Tax Department for tax return & refund claims? Here’s what you need to do

The Income Tax Department has said that the Non-intrusive Usage of Data to Guide and Enable (NUDGE) campaign aims to encourage taxpayers to voluntarily review their deduction or exemption claims that ...
Hosted on MSN

UAE-based taxpayer earned Rs 4 crore income in India on which TDS was deducted but didn't file ITR, got tax notice; wins case in ITAT Delhi

On November 19, 2025, the Income Tax Appellate Tribunal ruled that if a non-resident taxpayers’ total income from India consists solely of dividends, interest, etc (known as Section 115A incomes) and ...
American Association of Individual Investors

6 Undervalued Consumer Finance Stocks for Tuesday, December 23

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 6 undervalued stocks in the Consumer Finance industry for Tuesday, December 23, 2025. Let’s ...
TechSpot

Windows 11's updated File Explorer remains painfully slow despite using twice as much RAM

Facepalm: Users have long criticized Windows 11 File Explorer as inferior to its Windows 10 predecessor. The essential tool suffers from slow launches, sluggish file searches, and delayed right-click ...
The New York Times

How the Dismissed 2020 Election Case in Georgia Could Shape the Midterms

Several officials who were involved in the fight over the election outcome are seeking higher office. By Danny Hakim and Richard Fausset Danny Hakim and Richard Fausset, who have reported on the ...
American Association of Individual Investors

7 Undervalued Consumer Finance Stocks for Monday, December 22

Of course, there are countless value stocks that are worth mentioning, but this is a concise list of the top 7 undervalued stocks in the Consumer Finance industry for Monday, December 22, 2025. Let’s ...

Chicago In Memoriam: 62 notable Chicagoans who passed away in 2025

Each year, CBS News Chicago remembers some of the many people who made the city tick through a variety of talents and achievements. Here are 62 people whose memories Chicago is honoring in 2025.
Yahoo! Sports

Chargers rookie RB Omarion Hampton expected to return in Week 14 from ankle injury

Los Angeles Chargers rookie running back Omarion Hampton is likely to return to action on Monday night against the Philadelphia Eagles, according to CBS Sports' Matt Zenitz. Hampton, the Chargers' ...