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He gave land given for road widening, sold TDRs for Rs 6.02 crore; ITAT taxes capital gains

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The landowner chose to sell the TDRs he had received for surrendering 2,839 square metres of land. He sold them to a builder for Rs 6 crore but did not pay income tax on the proceeds. His understanding was that the amount received from the sale was a capital receipt and was therefore not taxable. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/9QlavEs >

Infosys plays down impact of PERM suspension

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/FDRByJ6 >

Stock market is crashing, yet IPOs attract billions: What’s happening here?

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Foreign portfolio investors (FPIs) invested $1 billion (Rs 9,676 crore) in IPOs in September even as they sold $4.8 billion (Rs 45,537 crore) worth of listed equities, the highest monthly outflow since April 2026, when they withdrew $6.7 billion (Rs 63,167 crore). So, amid rising crude oil prices and US bond yields, why are investors exiting stocks but retaining interest in IPOs? Let’s understand: from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xHRD9kA >

FPIs pull out Rs 44,166 crore from Indian equities in October so far

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cMxz5mr >

Rs 10 lakh investment, different explanations: why ITAT deleted tax addition and Rs 2 lakh penalty

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The dispute arose after the income tax department received information about an investment of Rs 11.25 lakh made by a man with a wealth management firm. The assessing officer accepted that Rs 1.25 lakh had been paid by cheque, but the source of the remaining Rs 10 lakh, was questioned. Before considering the tax dispute, the tribunal had to address the delay in filing the appeals from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1ruOEZb >

PERM freeze: Indian IT stocks rally, but talent exodus looms

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from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/qBUDxy6 >