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BusinessEconomic Times ·

ITAT cancels Rs 25,000 penalty imposed on MCX trader

The Income Tax Appellate Tribunal has set aside a Rs 25,000 penalty that had been levied on a trader dealing on the Multi Commodity Exchange. The tribunal's decision overturns the earlier penalty order against the trader. The ruling restores the trader's position without the financial sanction that had been imposed. The matter underscores the tribunal's role in reviewing penalties issued by tax authorities.

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BusinessEconomic Times ·

Iran Places Trump in 'Prison' Symbolically, Official Says

Iranian officials have reportedly placed a symbolic 'prison' label on former US President Donald Trump, according to the Economic Times report. The move appears to be a rhetorical or symbolic gesture rather than a legal action with real-world consequences. The article's headline frames the development as a provocative response from Tehran. Details beyond this framing are not provided in the text available to this editor.

What is holding up US’ $14 bn Taiwan arms sale? · ShortSingh