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March 25, 2026
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In-house research and development approval governs deduction claims subject to DSIR recognition and statutory compliance.
FORM 14 is the prescribed approval order issued by DSIR for a company's in-house research and development facility under section 45(2) read with Rule 29. It formally grants approval, records the scientific research to be undertaken, links the approval with DSIR recognition and the company's application, and supports a deduction claim subject to compliance with statutory conditions. The form is facility-specific, not a filing form, and may be withdrawn for non-compliance or withdrawal of DSIR recognition.
March 25, 2026
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Scientific research and development audit reporting supports deduction claims through mandatory independent certification and account verification.
Proposed FORM 13 is the annual statutory audit report for an approved in-house scientific research and development facility under section 45(2) of the Income-tax Act, 2025. It is furnished by the company through an independent accountant and provides independent assurance on maintenance of separate accounts, correctness of capital and revenue expenditure, conformity with DSIR guidelines, and linkage with audited financial statements. FORM 13 is a mandatory supporting document for deduction claims and operates with FORM 11, FORM 14 and FORM 12 in the compliance framework.
March 25, 2026
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In-house R&D audit report defines compliance for deduction claims through separate accounts and certified expenditure.
FORM 13 is the accountant's annual audit report for an approved in-house scientific research and development facility claimed under section 45(2). It certifies maintenance of separate accounts, correctness of expenditure, and conformity with DSIR guidelines, and must be attached with or furnished in support of the company's return of income. The form is a mandatory compliance requirement, but deduction remains subject to verification and assessment.
March 25, 2026
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Research and development deduction reporting through Form 12 supports technical certification, expenditure verification, and compliance oversight.
Proposed Form 12 is the statutory reporting form through which the prescribed authority, acting under Rule 29, submits findings and certification regarding an approved in-house research and development facility to the jurisdictional Chief Commissioner of Income-tax. It operates within the compliance framework for deduction of expenditure on approved in-house R&D facilities under section 45(2) of the Income-tax Act, 2025 and records evaluation details, eligible expenditure and asset movements for verification of deduction claims.
March 25, 2026
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Research and development deduction reporting through FORM 12 supports verification of eligible expenditure and compliance oversight.
FORM 12 is a statutory report furnished by the prescribed authority under section 45(2) read with Rule 29 for an approved in-house research and development facility. It is filed with the Chief Commissioner of Income-tax and records the facility's examination, recognition status, and eligible capital and revenue expenditure for verifying deduction claims. The form is not filed by the company and does not itself determine final allowability of deduction, which remains subject to departmental verification during processing or assessment.
March 25, 2026
Show AI Summary
In-house R&D facility approval framework under income tax law requires DSIR cooperation, audit compliance, and ongoing reporting.
FORM 11 sets out the statutory application and agreement framework for approval of in-house research and development facilities under section 45(2) of the Income-tax Act, 2025, read with Rule 29. It applies to eligible companies maintaining or proposing to maintain an in-house R&D facility and requires disclosure of company particulars, a DSIR agreement, and binding undertakings on audit, reporting, asset use, and compliance. Approval is facility-specific and remains subject to continued compliance, with DSIR serving as the prescribed authority for evaluation and oversight.
March 25, 2026
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In-house research and development approval requires disclosure, audit, and ongoing compliance before deduction can be considered.
Form 11 is the prescribed application under Rule 29 for a company seeking to enter into an agreement with the Department of Scientific and Industrial Research for an in-house research and development facility under section 45(2). It requires disclosure of company particulars, R&D expenditure, facility details, research objectives, and undertakings on maintenance and audit of accounts. The form is generally a one-time approval application, but annual compliance continues through progress reports, audited accounts, and expenditure details. Approval does not itself secure deduction, which depends on statutory conditions, the agreement, and verification.
March 25, 2026
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Statutory reporting for approved scientific research programmes under FORM 10 strengthens tax oversight and compliance monitoring.
Proposed FORM 10 is the statutory reporting form furnished by the prescribed authority to the Income-tax Department for approved scientific research programmes under section 45(3)(c) of the Income-tax Act, 2025. It functions as the oversight stage after FORM 7 and FORM 8, linking approvals with departmental monitoring of payments, utilisation and deduction claims. The form is furnished electronically to the jurisdictional Chief Commissioner within the prescribed time and records the essential particulars of the approved programme, while not conferring any entitlement on the sponsor or replacing the approval order.
March 25, 2026
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Scientific research programme approval reporting under tax law supports compliance monitoring, deduction verification, and administrative recordkeeping.
FORM 10 is a statutory report furnished by the prescribed authority in relation to a scientific research programme approved under section 45(3)(c) read with Rule 30. It is a post-approval monitoring instrument, furnished to the Chief Commissioner of Income-tax having jurisdiction over the sponsor within the prescribed time. The form records approval details, programme particulars, conditions of approval, and supports administrative monitoring, compliance verification, and cross-checking of deduction claims. It does not alter or substitute the approval granted under FORM 8.
March 25, 2026
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Scientific research deduction claims depend on programme-specific Form 9 receipts, approval linkage, and statutory compliance requirements.
Form 9 is a statutory receipt for payments made towards an approved scientific research programme and links the payment stage with the approval granted in Form 8 and the sponsor's deduction claim under section 45(3)(c) of the Income-tax Act, 2025. It is issued by the designated executing institution, records sponsor details, payment particulars, programme information, approved cost, tax years and cumulative receipts, and is programme-specific. The receipt supports but does not itself establish entitlement to deduction, which remains subject to statutory compliance and verification.
March 25, 2026
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Form 9 receipt for approved scientific research payments supports deduction claims and compliance tracking.
Form 9 is the prescribed receipt for payments received towards an approved scientific research programme under section 45(3)(c) read with Rule 30. It is issued to the sponsor by the executing institution, records the payment against the approved programme in FORM 8, and supports the sponsor's deduction claim subject to compliance with the Act and Rules. The form is programme-specific, may be issued for each payment or tranche including advance payments, and captures the sponsor details, payment particulars, approved cost, approved tax years, and cumulative receipts. It is not filed with the tax department but retained as supporting evidence.
March 25, 2026
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Scientific research programme approval under tax law requires Form 8, with defined scope, cost, compliance and monitoring conditions.
Form 8 is the statutory approval order for a scientific research programme under section 45(3)(c) of the Income-tax Act, 2025 and Rule 30. It is issued after examination of a sponsor's Form 7 application, records the approved scope, duration, cost, tax years and conditions of the programme, and is signed by the designated authority. The approval is programme-specific, cost-specific and time-bound, while post-approval compliance includes separate books, audit, reporting, asset restrictions and final completion reporting.
March 25, 2026
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Energy Star ratings shape window air conditioner pricing by raising upfront cost while lowering electricity bills and maintenance.
Energy Star ratings for window air conditioners reflect Bureau of Energy Efficiency standards and indicate how much cooling an AC delivers per unit of electricity consumed. Higher-rated units generally cost more upfront because they use advanced components, smarter controls, and more efficient motors and compressors, but they can lower electricity bills, reduce maintenance, and extend service life. Choosing the right star rating depends on usage patterns, room size, budget, and local electricity tariffs, with energy efficiency affecting both purchase price and long-term ownership cost.
March 25, 2026
Show AI Summary
Scientific research programme approval in FORM 8 governs tax deduction eligibility, compliance conditions, and programme-specific approval limits.
Approval in FORM 8 records the prescribed authority's sanction of a scientific research programme under section 45(3)(c) read with Rule 30, following an application in FORM 7. It is a statutory approval order, not a filing by the sponsor, and identifies the programme, approved tax years, approved total cost, and any attached conditions. FORM 8 is programme-specific and cost-specific, and deduction depends on compliance with the Act, the Rules, and post-approval obligations.
March 25, 2026
Show AI Summary
Scientific research approval through Form 7 creates a programme-specific gateway for deduction eligibility and post-approval compliance.
Prior approval for a sponsored scientific research programme is obtained through Form 7, which is the programme-specific application for approval of expenditure on scientific research carried out through a National Laboratory, University, Indian Institute of Technology or specified person. The prescribed authority examines the programme's feasibility and scientific merit, communicates approval or rejection in Form 8, and the approval is cost-specific and only a pre-condition for deduction. Post-approval compliance requires separate accounts, periodic reporting, restricted use of funds and completion reports.
March 25, 2026
Show AI Summary
Prior approval for scientific research deduction requires FORM 7 before commencement, with strict programme-specific compliance conditions.
A sponsor seeking deduction for expenditure on a scientific research programme must furnish FORM 7 as the prescribed application for prior approval before commencement. Separate applications are required for each programme, and the form calls for details of the sponsor, the proposed research programme, its duration and estimated cost, and the executing institution. Approval may be granted only for eligible programmes carried out through specified institutions, while market research, sales promotion, routine quality control, commercial production, and routine data collection are excluded.
March 25, 2026
Show AI Summary
Rupee weakness amid foreign fund outflows, lower crude prices and expectations of RBI dollar support.
The rupee weakened in early trade against the US dollar amid sustained foreign fund outflows and market uncertainty linked to the West Asia crisis. The decline was partly cushioned by lower global crude oil prices, a weaker dollar and a firm opening in domestic equity markets. Market participants also expected RBI intervention through dollar sales, while exporters were hedging and importers buying on dips.
March 25, 2026
Show AI Summary
Audit report compliance for deduction claims under income-tax law requires Form 6, UDIN, and electronic verification.
Form 6 is the prescribed income-tax audit report for an assessee claiming deduction under Section 44 or Section 51 of the Income-tax Act, 2025, and must be certified by an accountant. It is to be filed electronically through the Income-tax e-Filing Portal, verified by Digital Signature Certificate, and furnished one month before the due date for the return of income for the relevant Tax Year. The form requires audit confirmation, supporting records, UDIN generation, and assessee verification for claims under both deduction provisions.
March 25, 2026
Show AI Summary
Audit-certified deduction reporting requires electronic Form 6 filing, accountant certification, UDIN, and digital verification for qualifying expenditure claims.
Form 6 is the prescribed audit report for an eligible assessee claiming deductions under section 44 for preliminary or project-related expenditure or under section 51 for mineral prospecting and development expenditure. It must be certified by an accountant and furnished electronically through the Income-tax e-Filing Portal. The form is filed once in the first tax year in which the deduction is claimed, at least one month before the due date for furnishing the return of income, with UDIN generation and digital verification required.
March 25, 2026
Show AI Summary
Money laundering bail refusal highlights serious economic offences, sufficient PMLA material, and unresolved double mortgage allegations.
Bail was refused in a money laundering prosecution under the Prevention of Money Laundering Act where the court found sufficient material linking the accused to the offence and treated the recorded PMLA statements as forming a formidable case. The court observed that economic offences pose a serious threat to the financial health of the country and that the gravity, seriousness and magnitude of the alleged conduct, along with the accused's major role, weighed against release on bail. Partial repayment did not discharge criminal liability, and the absence of an explanation for the alleged double mortgage remained relevant at the bail stage.

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Best Crypto Presale: Deepsnitch AI Targets 300X With Unique Narrative as Digitap and Remittix Struggle in Crowded Finance Sector With Products Yet To Launch

March 13, 2026

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Many presales promise ambitious products, but most have yet to deliver on that vision. In a market where utility matters, that's what distinguishes the best crypto presale. Digitap faces a crowded crypto-banking market while Remittix is stuck in presale with no launch date in sight. Both remain largely built on promises, with core infrastructure pending. DeepSnitch AI ($DSNT) is different. Its live intelligence network is already operational, with more updates coming soon. The presale is in stage 7, with its token priced at $0.04399, and $2.1 million raised. With a confirmed March 31 deadline, DeepSnitch AI positions itself as the best crypto presale with utility as early investors buy into its 300x potential. Metaplanet deepens Bitcoin strategy with new $25M venture firm Metaplanet, often called "Japan's MicroStrategy," is doubling down on its crypto commitment by launching Metaplanet Ventures. This new subsidiary will focus on providing funds for the Bitcoin ecosystem in Japan. The company plans to invest 4 billion yen ($25.2 million) into the sector. The move comes as Japan prepares to reclassify Bitcoin as a regulated financial asset by January 2028. Metaplanet is building the infrastructure to support early-stage companies and open-source developers through its new investment, incubator, and grant programs. Despite this new venture, the company’s core focus remains stacking Bitcoin. It's currently the fourth largest holder globally and aims to accumulate 210,000 BTC by 2027. Best crypto presale: DeepSnitch AI stands out with real-time market verification Many presales rely on narratives that rise and fall with market trends. But cycles change quickly. What dominates one year can disappear the next. The best crypto presale opportunities are often the ones positioned to remain relevant regardless of which sector is trending. DeepSnitch AI fits that profile. Instead of competing in a crowded niche, it focuses on something every trader needs: verification. This positioning has strengthened its reputation as a verified presale crypto. Whether markets chase meme coins, AI tokens, or new chains, scams and rug pulls never disappear. DeepSnitch AI runs a live intelligence network powered by five AI agents that track smart contracts, whale activity, liquidity changes, and suspicious on-chain behavior. The findings are organized inside a clear dashboard that keeps signals accessible and clutter-free. This positioning gives DeepSnitch AI durability that many presales lack. While narratives rotate with every cycle, verification remains essential, keeping the project relevant no matter where the market moves next. The presale is currently in stage 7 with DSNT at $0.04399 per token. Anticipation is building as the March 31 presale deadline comes closer. After a seven-day claim period, DSNT will debut on the famous DEX, Uniswap, with additional listings likely to follow. DeepSnitch AI is still winning investors over as demand for its utility grows. With a clear roadmap and real results, many believe DeepSnitch AI is the best crypto presale for 300x returns. https://youtu.be/W3fgTnPVEOI Digitap faces a crowded market with features still on paper Digitap aims to let users manage fiat and crypto in one place while supporting global transfers, everyday payments, and debit card integrations. This could simplify crypto banking, but the market is crowded. Competitors, from exchanges to fintech apps, already dominate, making it difficult to secure significant market share. This is even more concerning as most of its features are still on paper, leaving investors waiting as the presale progresses. Meanwhile, DeepSnitch AI is moving fast in a unique niche. With a fully live platform and quick adoption, DeepSnitch AI still stands out as the best crypto presale. Remittix presale lags with only wallet release after a year Remittix focuses on PayFi infrastructure, promising crypto-to-bank transfers that convert digital assets into fiat deposits across multiple countries. The concept targets the massive cross-border payments market, but progress has been slow. After over a year in presale, the only product released so far is a wallet. The presale length alone has many worried, while DeepSnitch AI has gained investors' confidence with the recent announcement of a presale end date. Payment platforms also face complex banking integrations, regulatory approvals, and liquidity hurdles before scaling globally. Until those systems are fully live, Remittix remains a work in progress rather than a finished payment network. Conclusion In a market crowded with promises, DeepSnitch AI rises above as the best crypto presale. It's turning heads with its unique verification layer, while Digitap and Remittix struggle in the finance space, with utility still in development. It's no wonder DeepSnitch AI is one of the most promising ICO launches. At $0.04399, a $5,000 allocation normally yields 113,662 tokens, but early buyers grab 170,493 with the 50% bonus. With adoption climbing and utility already live, $DSNT is poised for 300x growth, making it the best crypto presale in 2026. Visit the website today and check out their X and Telegram to keep up with updates. FAQs Why is DeepSnitch AI considered the best crypto presale? DeepSnitch AI is fully operational, offering a live intelligence network for real-time verification. Unlike other presales still on paper, it delivers measurable utility. Hence, it is the best crypto presale for investors seeking actionable insights and early adoption advantages. How does DeepSnitch AI compare to other promising ICO launches? Most promising ICO launches remain little more than ideas with limited functionality. DeepSnitch AI already runs a live platform, which sets it apart from typical presales. This has helped build investors' confidence in recent months. Which presale qualifies as a crypto presale with utility? DeepSnitch AI is a crypto presale with utility and a fully operational platform. While many wait until after the token launch, DeepSnitch AI delivers results from day one. Disclaimer: Trading cryptocurrencies/digital assets carries a high level of risk, and may not be suitable for all investors. You should be aware of all the risks associated with cryptocurrency/digital asset trading, and seek advice from an independent financial advisor. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The website or its publishers will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.The above content is published as received and has not been edited by the channel staff. The channel holds no responsibility for its content. (Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR

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