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Income tax
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Policy● mixedForeign assets not disclosed in ITR? Income Tax Department gives taxpayers one-time disclosure windowTaxes
Legal● mixedGrain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonTaxesBanks
Legal● mixed₹85.30 lakh cash gifts from relatives: ITAT says donors’ low income alone isn’t enough to reject genuine giftsChennai ITAT deleted a tax addition of ₹85.30 lakh on cash giftsTaxes
Legal● mixedCan money collected for someone else be taxed as your income? ITAT ruling on ₹20.33 lakh cash depositsAn 89-year-old retired principal said ₹20.33 lakh in deposits were hostel fees collected for an education societyBanks
● mixedCA submitted your tax audit report? The process doesn't end there—here's what you still need to do by 30 SeptemberTaxpayers need to check the tax audit report on the income-tax e-filing portal and complete remaining steps by 30 SeptemberTaxes
Policy● mixedExpecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend incomeTaxpayers with nil estimated tax liability can submit Form 121 to avoid TDS on certain incomesTaxesBanks
Policy● mixedSold house, land, shares or mutual funds? Know 9 reinvestment options to claim capital gains tax exemptionThe Income-tax Act provides nine exemptions for capital gains from asset salesCapital gains taxMutual fundsReal estate
Legal● mixedSalary earned abroad, credited to NRE account: Does that make it taxable in India? ITAT ruling explainedBengaluru ITAT ruled that foreign salary credited to an Indian NRE account alone cannot make it taxable in IndiaTaxesBengaluru
Policy● mixedBuying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFsFrom October 1, resident individuals and HUFs buying property from non-residents can use their existing PAN for TDS complianceTaxesHousing
Policy● mixedTax audit deadline September 30: 5 common mistakes in GST turnover, TDS, AIS and business expenses to avoidTax-audit deadline is September 30GSTTaxes
Legal● mixed₹14.69 crore jewellery found in tax search: When can inherited gold escape tax scrutiny?Kolkata ITAT upheld deletion of a ₹1.56 crore tax additionGoldTaxesBanks
● mixedProperty bought for ₹48 lakh, stamp value ₹58.7 lakh: Why ITAT cancelled ₹70,700 tax penaltyITAT cancelled a ₹70,700 tax penalty in a property case involving a ₹48 lakh purchase and ₹58.7 lakh stamp valueTaxes
Policy● mixedMissed ITR deadline and want to claim a refund? What happens if you have an outstanding tax demandMissing the ITR filing deadline does not rule out claiming a refund for excess tax paidTaxes
● mixedCan legal heirs be liable for a deceased parent’s income tax dues? Experts explainLegal heirs may be liable for a deceased parent’s income tax dues under Section 302 of the Income-tax Act, 2025Taxes
Legal● mixedSenior citizen wrongly paid tax on tax-free bonds: What the ₹9.91 lakh ITAT case meansA senior citizen received ITAT relief after mistakenly paying ₹9.91 lakh tax on tax-free bond interestTaxesG-secsBond yields
Legal● mixedPurchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefTaxesCapital gains tax
Legal● mixedHer employer deducted Rs 3.91 lakh TDS but failed to deposit it; Mumbai IT professional got just Rs 79,030 credit and faced Rs 3.36 lakh demand, ITAT gives reliefTaxes
Policy● mixedGot Rs 1 Lakh Dividend Income? When Can TDS Be Refunded And When It Becomes A Tax Bill?TaxesPSU dividends
Policy● mixedIncome Tax Act 2025: What crypto investors should know about VDA provisions, TDS and ITR filing rulesVDA tax treatment largely remains unchanged, including 30% tax and 1% TDSCrypto regulationCryptoTaxes