Widow faces tax notice for Rs 60 lakh cash deposits; why ITAT treated it as gift from late husband
https://timesofindia.indiatimes.com/business/india-business/widow-faced-tax-demand-over-rs-60-lakh-cash-deposit-in-her-bank-account-itat-pune-accepts-explanation-that-it-was-a-gift-from-husband-and-deletes-addition/articleshow/135490535.cms
https://timesofindia.indiatimes.com/business/india-business/widow-faced-tax-demand-over-rs-60-lakh-cash-deposit-in-her-bank-account-itat-pune-accepts-explanation-that-it-was-a-gift-from-husband-and-deletes-addition/articleshow/135490535.cms
The Income Tax Department discovered that a woman had deposited Rs 60,07,500 in cash into her bank account during the financial year 2015-16. However, she had not filed an income tax return (ITR) for the corresponding assessment year. The Assessing Officer (AO) subsequently issued a show-cause notice under Section 148A(b) of the Income Tax Act, 1961. As the woman did not respond, the AO passed an order.
ED attaches 2 planes, land, windmills worth Rs 510 crore of Anil Ambani's group
https://timesofindia.indiatimes.com/business/india-business/ed-attaches-2-planes-land-windmills-worth-rs-510-crore-of-anil-ambanis-group/articleshow/135513296.cms
https://timesofindia.indiatimes.com/business/india-business/ed-attaches-2-planes-land-windmills-worth-rs-510-crore-of-anil-ambanis-group/articleshow/135513296.cms
iPhone and Mac power Apple India's September-quarter record revenue
https://timesofindia.indiatimes.com/business/iphone-and-mac-power-apple-indias-september-quarter-record-revenue/articleshow/135513327.cms
https://timesofindia.indiatimes.com/business/iphone-and-mac-power-apple-indias-september-quarter-record-revenue/articleshow/135513327.cms
Government eyes 15k crore from PSU land monetisation
https://timesofindia.indiatimes.com/business/india-business/government-eyes-15k-crore-from-psu-land-monetisation/articleshow/135513359.cms
https://timesofindia.indiatimes.com/business/india-business/government-eyes-15k-crore-from-psu-land-monetisation/articleshow/135513359.cms
Pre-Diwali fireworks: Sensex up over 2.4k points in two days
https://timesofindia.indiatimes.com/business/india-business/pre-diwali-fireworks-sensex-up-over-2-4k-points-in-two-days/articleshow/135513412.cms
https://timesofindia.indiatimes.com/business/india-business/pre-diwali-fireworks-sensex-up-over-2-4k-points-in-two-days/articleshow/135513412.cms
AI weighs ordering more wide body aircraft: Air India CEO
https://timesofindia.indiatimes.com/business/india-business/ai-weighs-ordering-more-wide-body-aircraft-air-india-ceo/articleshow/135513484.cms
https://timesofindia.indiatimes.com/business/india-business/ai-weighs-ordering-more-wide-body-aircraft-air-india-ceo/articleshow/135513484.cms
Cyber risks: Banks working on coordinated response
https://timesofindia.indiatimes.com/business/india-business/cyber-risks-banks-working-on-coordinated-response/articleshow/135513530.cms
https://timesofindia.indiatimes.com/business/india-business/cyber-risks-banks-working-on-coordinated-response/articleshow/135513530.cms
Gaana, Noise join hands for cobranded buds
https://timesofindia.indiatimes.com/business/india-business/gaana-noise-join-hands-for-cobranded-buds/articleshow/135513612.cms
https://timesofindia.indiatimes.com/business/india-business/gaana-noise-join-hands-for-cobranded-buds/articleshow/135513612.cms
IRDAI directs insurers to offer four-layer motor cover in compliance with SC order
https://timesofindia.indiatimes.com/business/india-business/irdai-directs-insurers-to-offer-four-layer-motor-cover-in-compliance-with-sc-order/articleshow/135520574.cms
https://timesofindia.indiatimes.com/business/india-business/irdai-directs-insurers-to-offer-four-layer-motor-cover-in-compliance-with-sc-order/articleshow/135520574.cms
IRDAI has operationalized a new four-layer motor insurance framework that takes effect on December 15, 2026. This structure separates mandatory third-party liability and personal accident cover from optional components for vehicle owners. Insurers must provide a Customer Information Sheet and obtain an option form for every policy issued. Additionally, policyholders can add liability cover for occupants during the policy period by paying an extra premium.