AI-first roles dominate new tech openings
BENGALURU: Tech firms and AI platforms are stepping up hiring, with AI-first roles now dominating new job openings. As companies accelerate their adoption of AI, demand for professionals skilled in data architecture, machine learning, and generative AI is soaring. India’s strong technical talent, adaptability, and scale make it impossible for global firms to overlook in…
Rs 8 lakh cash deposited in bank – man gets tax notice! Assessing officer deems it presumptive business income, but taxpayer wins case in ITAT – ruling explained
During the assessment, the AO estimated Kumar’s business income under Section 44AD — something completely outside the scope of the original notice. (AI image) Making cash deposits of large amounts in your bank account? Be aware of a case where a cash deposit attracted the attention of the Income Tax Department, and the assessing officer…
Insurers cannot deny payout over vehicle’s route deviation: SC’s big ruling on motor accident claims explained
The Supreme Court has delivered a significant ruling, stating that insurance companies cannot deny compensation to accident victims solely because the vehicle involved deviated from its permitted route or violated its permit conditions. A bench of Justices Sanjay Karol and Prashant Kumar Mishra emphasised that, in the context of motor accidents, the insurance policy’s primary…