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Fintech & UPI

Ventura releases Samvat 2083 Diwali stock selections featuring multiple prominent companies

Ventura has selected Park Medi World, HDFC Bank, Paytm, Meesho, LG Electronics India, and Ather Energy for its Samvat 2083 Diwali stock recommendations. These picks highlight potential investment opportunities across various market segments for the upcoming Hindu calendar year. Investors are evaluating these counters to determine which specific equity offers the strongest projected upside.

Scrips: PaytmHDFC Bank

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LiveMint Markets7m ago 1 min
Income Tax Govt

Jaipur ITAT deletes tax addition made solely on third-party accommodation entry statement

The Income Tax Appellate Tribunal in Jaipur has deleted a tax addition that relied exclusively on a third-party statement regarding accommodation entries. The tribunal ruled that additions cannot stand without corroborative evidence or cross-examination rights. This decision protects taxpayers from arbitrary additions based unverified external claims.

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Taxguru9m ago 1 min
Fintech & UPI

OneStack secures twelve point five crore rupees to expand cooperative banking technology

OneStack has secured twelve point five crore rupees in a funding round led by Shepherd’s Hill. The capital will support its efforts as cooperative banks integrate onto the National Payments Corporation of India network.

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BW Disrupt11m ago 1 min
Income Tax Govt

ITAT Rajkot dismisses Section 80P deduction recall petition citing absence of patent error

The Income Tax Appellate Tribunal in Rajkot dismissed an application seeking to recall an order related to Section 80P deductions. The tribunal held that no apparent mistake existed on the face of the record to warrant a recall.

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Taxguru12m ago 1 min
RBI/SEBI Govt Breaking

Capital market regulator finalizes settlement framework involving historical financial losses

The market regulator has introduced a settlement approach addressing financial losses that no longer exist. The mechanism deals with regulatory proceedings tied to past market infractions.

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BW Businessworld12m ago 1 min
RBI/SEBI Govt Breaking

EKI Energy plans to contest market regulator restrictions and contested expenditure findings

EKI Energy has announced its intention to challenge a market regulator prohibition before the Securities Appellate Tribunal. The firm is contesting an official determination regarding disputed expenses amounting to Rs 26.34 crore. Leadership maintains its stance against the regulatory findings while pursuing legal recourse through the appellate authority.

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Moneycontrol.com12m ago 1 min
Markets

Vishal Fabrics shares gain over three percent following quarterly financial disclosures

Vishal Fabrics shares opened at sixteen rupees and fifteen paisa on the National Stock Exchange and touched an intraday high of sixteen rupees and ninety paisa on November 4. The stock advanced over three percent following the release of its financial results for the second quarter of fiscal year 2026.

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LiveMint Markets14m ago 1 min
Income Tax Govt

ITAT Rajkot restricts Central Processing Centre from denying Section 80P via belated return adjustments

The Income Tax Appellate Tribunal in Rajkot ruled that the Central Processing Centre cannot disallow Section 80P deductions through adjustments on belated returns for assessment year 2019-20. The decision limits automated processing adjustments on specific tax claims.

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Taxguru14m ago 1 min
Income Tax Govt

ITAT Rajkot bars tax authorities from using rectification to overturn reasoned Section 80P rulings

The Income Tax Appellate Tribunal in Rajkot held that tax authorities cannot invoke rectification powers to alter a reasoned decision regarding Section 80P deductions. The ruling protects previously adjudicated appellate findings.

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Taxguru15m ago 1 min
CA Corner

Supreme Court sets aside arbitration remission when vital findings are missing from awards

The Supreme Court declined to remit an arbitration dispute back to the tribunal because the original award lacked essential findings. This decision reinforces the legal boundaries governing how courts handle incomplete arbitral determinations.

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Taxguru17m ago 1 min
Income Tax Govt

Tax authorities cannot use rectification petitions to reopen settled matters under Section 254(2)

The Income Tax Appellate Tribunal in Rajkot ruled that tax authorities cannot request a substantive review of an order by filing a rectification application. The bench clarified that Section 254(2) permits correction of apparent mistakes only, rather than re-evaluating merits.

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Taxguru16m ago 1 min
Commodities

Gold prices decline 22 percent from peak ahead of Dhanteras following political shifts

Gold prices dropped 22 percent from their peak prior to Dhanteras, even as early Democratic gains in the United States midterm elections weakened the dollar and pushed bullion up by about 2 percent. However, continuing worries over higher interest rates and inflation keep downward pressure on the metal, though domestic festive and wedding demand provides some market support.

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LiveMint Markets18m ago 1 min

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