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News
Mumbai businessman???s???6.42 lakh work travel claim denied as he used his wife???s credit card; here???s what ITAT ruled
3+ hour, 47+ min ago (551+ words) A Mumbai businessman's claim for ₹6.42 lakh in business travel expenses was rejected by the income tax department after he paid these bills using his wife's credit card. The department questioned the deduction despite the expenses being incurred for business purposes....
Pool, park and gym missing: Karnataka homebuyers get relief from RERA after builder fails to provide promised amenities
1+ day, 40+ min ago (515+ words) A swimming pool, senior citizen park, gym and a spa can make a housing project look like a complete lifestyle package on paper. But for some homebuyers, the promise turns into disappointment when they find out that most of these…...
Father faces???12.83 lakh penalty over minor child???s???1.17 crore interest income; ITAT Delhi grants relief
1+ day, 6+ hour ago (533+ words) A ₹1.17 crore interest income earned by a minor led to a ₹12.83 lakh penalty for his father, even though the income declared in the man's income tax return (ITR) matched the income assessed by the tax department. The dispute centred on…...
Court orders EPFO to pay 6% interest for 35-day delay in settling claim??? Here's how to check status, file grievances
1+ day, 19+ hour ago (464+ words) A consumer court last week ordered the Employees' Provident Fund Organisation (EPFO) to pay 6% interest as compensation to a retired employee for a 35-day delay in settling his PF claim of more than ₹14 lakh, PTI reported. The Mumbai Suburban District…...
Can children claim a share in their father???s property? Know the difference between ancestral and self-acquired property
3+ day, 4+ hour ago (709+ words) A common misconception in family property matters is that children automatically have a legal share in every property owned by their parents. Under Hindu law, however, the rights of children depend significantly on whether the property is ancestral or self-acquired....
Can health insurance claim be rejected for no hospitalisation? Karnataka HC ruling explained
4+ day, 5+ hour ago (556+ words) A health insurance claim cannot necessarily be rejected merely because a particular treatment did not require hospitalisation, especially when the treatment is part of the continuing management of a disease covered by the policy. A recent Karnataka High Court ruling…...
Gurgaon-based realty firm halts???30K monthly payments to customer over sandalwood deal: court slaps???55.8 lakh penalty
4+ day, 20+ hour ago (399+ words) The Hyderabad consumer commission has directed a real estate company to pay ₹55.8 lakh to a customer after finding that it failed to follow the terms of a lease agreement for a white sandalwood plantation investment, according to a Times of…...
Kerala man's account frozen over mysterious UPI payment???What to do, rules, customer rights explained
5+ day, 2+ hour ago (442+ words) A Kerala man in a social media post reported receiving two unknown UPI payments but chose not to return them, suspecting a scam. A Phone Pe user named Puthumbaka Suma had transferred ₹2000 on 31 August and another ₹4000 on 3 September. The man…...
Income Tax Dept seized gold and silver from Mumbai woman; here???s why ITAT deleted???11.23 lakh tax addition
5+ day, 6+ hour ago (610+ words) A Mumbai woman has won relief after the Income Tax Department treated part of the gold and silver found at her home and bank lockers as unexplained income. In its order in ITA No. 3073/Mum/2026, pronounced on 14 July 2026, the Mumbai…...
ST certificate found invalid after 30 years: SC protects employee???s pension but bars future caste benefits
6+ day, 16+ min ago (658+ words) The Supreme Court has protected the retiral and pensionary benefits of a retired municipal engineer whose claim of belonging to the Tokre Koli Scheduled Tribe was invalidated, while leaving the cancellation of his caste certificate undisturbed. A bench of Justices…...