Income Tax Dept withheld Rs 1.5 crore refund citing Form 26AS TDS mismatch – how taxpayer approached High Court and won the case

Income Tax Dept withheld Rs 1.5 crore refund citing Form 26AS TDS mismatch – how taxpayer approached High Court and won the case

The court clarified that Assessing Officers must accept TDS documentation provided by taxpayers, rather than insisting on exact matches with Form 26AS figures. (AI image) Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued…

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iPhone shipments, Trump’s Russia sanctions impact: Electronics to become 2nd-most shipped category soon; India’s oil exports may fall

iPhone shipments, Trump’s Russia sanctions impact: Electronics to become 2nd-most shipped category soon; India’s oil exports may fall

During the first half of the current fiscal year, Apple’s iPhone exports reached an unprecedented $10 billion. (AI image) The booming Apple iPhone production in India, and the latest sanctions on Russian oil firms by Donald Trump, may power electronics to become the second most-shipped exports category in India. It’s a story of rise in…

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India-US ties: Jaishankar meets Marco Rubio on Asean sidelines amid tariff tensions; talks on ‘regional, global issues’

India-US ties: Jaishankar meets Marco Rubio on Asean sidelines amid tariff tensions; talks on ‘regional, global issues’

Jaishankar meets Rubio (Image posted on X) External Affairs Minister S Jaishankar had a meeting with US Secretary of State Marco Rubio on Monday in Kuala Lumpur to discuss international relations and ongoing trade negotiations between their nations.The discussions were held alongside the Association of Southeast Asian Nations (ASEAN) summit events in the Malaysian capital….

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Stocks to buy: What’s the outlook for Nifty for the week starting October 27? Check list of top stock recommendations

Stocks to buy: What’s the outlook for Nifty for the week starting October 27? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Cummins India, and Blue Star. Here’s his view on Nifty, Bank Nifty for the Diwali week starting October 27, 2025:Nifty View:The benchmark index Nifty has delivered…

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‘Not due to cyber attack’: TCS dismisses UK media report; reveals why Marks & Spencer didn’t renew contract

‘Not due to cyber attack’: TCS dismisses UK media report; reveals why Marks & Spencer didn’t renew contract

Tata Consultancy Services BENGALURU: TCS said that a report published in The Telegraph on Sunday, which claimed that Marks & Spencer did not renew its ‘$1-billion’ contract with the IT firm to manage its technology helpdesk, is “misleading”. “The report published by The Telegraph is misleading, with factual inaccuracies including the size of the contract…

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Bank jobs surge: SBI plans 3,500 officer recruitments this year; targets 30% workforce for women

Bank jobs surge: SBI plans 3,500 officer recruitments this year; targets 30% workforce for women

The State Bank of India (SBI) is set to recruit around 3,500 officers to strengthen its operations and improve service delivery across the country.SBI deputy managing director (HR) and chief development officer Kishore Kumar Poludasu was quoted by news agency PTI as saying that the bank has already recruited 505 Probationary Officers (POs) in June…

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India-Asean ties: Malaysia backs swift trade pact with New Delhi; calls partnership a ‘force for stability’

India-Asean ties: Malaysia backs swift trade pact with New Delhi; calls partnership a ‘force for stability’

File photo: Malaysian PM Anwar Ibrahim and PM Modi Malaysian Prime Minister Anwar Ibrahim on Sunday said that Asean’s partnership with India continues to be a “force for stability and mutual prosperity”, as both sides push to finalise the Asean–India Trade in Goods Agreement (AITIGA) by the end of this year.Speaking at the India–Asean annual…

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Festive spirits surge: Alcoholic beverage market upbeat as season boosts sales; industry expects 10–20% rise Q4

Festive spirits surge: Alcoholic beverage market upbeat as season boosts sales; industry expects 10–20% rise Q4

India’s alcoholic beverage industry has seen strong sales during the festive season, with the premium spirits category driving growth, and expects an upswing of 10-20 per cent in the October-December period.As per news agency PTI, Radico Khaitan COO Amar Sinha said, “We have witnessed a highly encouraging festive season, with strong uptake across our premium…

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From  an hour to  million a year – the inspiring story of how Indian immigrant Money Singh built his American dream

From $6 an hour to $2 million a year – the inspiring story of how Indian immigrant Money Singh built his American dream

Moving halfway across the world at 19 might make one feel alone, uncertain, and homesick. But that’s how Money Singh’s story in America began, which took him from being a depressed teen to owning multiple businesses in the US. Recalling his early days in San Francisco after leaving Punjab in 2006, Singh said, “I was…

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Gold, silver correction: Precious metals retreat after record rally; analysts expect consolidation amid global cues

Gold, silver correction: Precious metals retreat after record rally; analysts expect consolidation amid global cues

Gold and silver prices in India took a breather this week after a prolonged rally, with analysts expecting consolidation in domestic markets next week amid upcoming global central bank meetings and trade developments.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 3,557, or 2.80 per cent, while silver futures crashed…

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US-China trade talks: Scott Bessent says ‘substantial framework’ reached; 100% tariffs, rare earth export clash averted

US-China trade talks: Scott Bessent says ‘substantial framework’ reached; 100% tariffs, rare earth export clash averted

File photo: US treasury secretary Scott Bessent (Picture credit: AP) US treasury secretary Scott Bessent said on Sunday that Washington and Beijing have reached a “very substantial framework” that would prevent the US from imposing 100% tariffs on Chinese goods and allow for a deferral of China’s rare earths export controls, as per news agency…

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Donald Trump at ASEAN: US and Malaysia sign major trade agreement; more deals from Indo-Pacific partners in process

Donald Trump at ASEAN: US and Malaysia sign major trade agreement; more deals from Indo-Pacific partners in process

US President Donald Trump signed a trade agreement with Malaysian Prime Minister Anwar Ibrahim and took part in the signing of a historic peace deal between Cambodia and Thailand, called the “Kuala Lumpur Peace Accords”.Trump arrived in the country to attend the ongoing ASEAN Summit. On ASEAN Sidelines, Trump Praises India’s ENEMY NO. 1, Doubles…

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US-China trade talks: ‘Moving forward’ towards final agreement; Trump expresses hope for ‘comprehensive deal’ with Xi

US-China trade talks: ‘Moving forward’ towards final agreement; Trump expresses hope for ‘comprehensive deal’ with Xi

US officials indicated progress in finalizing details of a trade agreement with China, following recent talks in Malaysia. The discussions aimed to de-escalate a costly tariff dispute, with both nations seeking a resolution. This development comes amid heightened tensions and threats of further tariffs. The announcement comes after the latest round of trade talks in…

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Hunting e-waste: India pushes for recycling of critical minerals; dismantlers, crushers, and shredders to join chain

Hunting e-waste: India pushes for recycling of critical minerals; dismantlers, crushers, and shredders to join chain

India is gearing up to transform its electronic waste into a major source of critical minerals, as the ministry of mines intensifies collaboration with private players to build large-scale recycling capacity across the country. The ministry is working closely with private industry to expand the country’s recycling capacity, aiming to fully process electronic waste and…

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Blackstone fund infusion will give flexibility to consider acquisitions: Federal Bank CEO Manian

Blackstone fund infusion will give flexibility to consider acquisitions: Federal Bank CEO Manian

KVS Manian, MD & CEO, Federal Bank MUMBAI: Federal Bank chief KVS Manian said that the recently-announced capital raise from private equity investor Blackstone will give the lender flexibility to consider acquisitions to support growth, after the board approved a preferential issue of warrants to the US asset manager on Oct 24 in Kochi.The bank…

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