Micro Advisor — Finance & Compliance Brief, 09 Aug 2026

Today’s key finance, tax & compliance changes for professionals — what changed and why it matters.

Companies Act

Wakefit eyes furniture as top business in three years with jumbo stores

Livemint – Companies · 2026-08-09

Wakefit eyes furniture as top business in three years with jumbo stores

Companies Act

L&T Innovation Fund to step up deeptech bets in India

Livemint – Companies · 2026-08-09

L&T Innovation Fund to step up deeptech bets in India

Companies Act

Puerto Rico Watchdog May Halt Power Deal Over Irregularities

Livemint – Companies · 2026-08-09

Puerto Rico Watchdog May Halt Power Deal Over Irregularities

Companies Act

Berkshire Hathaways new CEO Greg Abel spends a chunk of the companys massive cashpile

Livemint – Companies · 2026-08-08

Berkshire Hathaways new CEO Greg Abel spends a chunk of the companys massive cashpile

Companies Act

Berkshire Hathaway buys back $4.5 billion of its own shares

Livemint – Companies · 2026-08-08

Berkshire Hathaway buys back $4.5 billion of its own shares

Tax

₹1.33 crore cash deposit, no ITR filing: How a retired teacher won his income tax case at ITAT Bangalore

Livemint – Money · 2026-08-09

₹1.33 crore cash deposit, no ITR filing: How a retired teacher won his income tax case at ITAT Bangalore

Tax

A 3-year-old chess prodigy, a national award and a journey that began at home: What Anish Sarkar’s parents did right without turning his childhood into a pressure cooker

ET – Wealth/Tax · 2026-08-09

A 3-year-old chess prodigy, a national award and a journey that began at home: What Anish Sarkar’s parents did right without turning his childhood into a pressure cooker

Tax

Pending Petition Challenging Director’s Arrest under GST does not affect Adjudication of Writ Petition: Bombay HC [Read Order]

Taxscan · 2026-08-09

Pending Petition Challenging Director’s Arrest under GST does not affect Adjudication of Writ Petition: Bombay HC [Read Order]

Tax

In 2011, New York tried a simple way to beat peak summer heat by painting rooftops white; here’s how it helped cool cities

ET – Wealth/Tax · 2026-08-09

In 2011, New York tried a simple way to beat peak summer heat by painting rooftops white; here’s how it helped cool cities

Tax

Can TNMM bench markings apply to determine ALP u/s 92 at Entity Level for Combined Transactions? Bombay HC to Decide [Read Order]

Taxscan · 2026-08-09

Can TNMM bench markings apply to determine ALP u/s 92 at Entity Level for Combined Transactions? Bombay HC to Decide [Read Order]

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