F&O income tax filing: Which ITR form to use, how to calculate turnover, and new AY 2026-27 rules explained ahead of due dates
https://www.financialexpress.com/money/income-tax/fampo-income-tax-filing-which-itr-form-to-use-how-to-calculate-turnover-and-new-ay-2026-27-rules-explained-ahead-of-due-dates/4310279 If you trade in Futures and Options (F&O), filing your Income Tax Return (ITR) involves additional reporting requirements. Since F&O income is treated as non-speculative business
Why UPI needs transaction fees
Read more at:https://economictimes.indiatimes.com/opinion/et-editorial/why-upi-needs-transaction-fees/articleshow/133012802.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/opinion/et-editorial/why-upi-needs-transaction-fees/articleshow/133012802.cms Synopsis A groundbreaking bill has been introduced that permits merchant discount rates on UPI transactions. This innovative change aims to enhance
Homebuyers lose stilt parking case: Maharashtra court explains why builder’s allotment was invalid
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/homebuyers-lose-stilt-parking-case-maharashtra-court-explains-why-builders-allotment-was-invalid/articleshow/132854775.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/legal/will/homebuyers-lose-stilt-parking-case-maharashtra-court-explains-why-builders-allotment-was-invalid/articleshow/132854775.cms Recently, five homebuyers from Navi Mumbai, India lost their stilt parking spaces as it was allotted to them by the builder after their
*******Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggered
Read more at:https://economictimes.indiatimes.com/wealth/tax/can-you-get-income-tax-notice-for-making-digital-payments-through-upi-neft-rtgs-and-imps-know-when-it-can-be-triggered/articleshow/132991116.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/tax/can-you-get-income-tax-notice-for-making-digital-payments-through-upi-neft-rtgs-and-imps-know-when-it-can-be-triggered/articleshow/132991116.cms Do you believe that an income tax notice gets triggered only when you deposit large sums of cash? Think again. Even legitimate transactions
Rs 1.33 crore cash deposit, no ITR filing, yet senior citizen wins income tax case; ITAT Bangalore explains why
Read more at:https://economictimes.indiatimes.com/wealth/tax/rs-1-33-crore-cash-deposit-no-itr-filing-yet-senior-citizen-wins-income-tax-case-itat-bangalore-explains-why/articleshow/132994693.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr Marathikyathanahalli, a retired teacher from Mysore, deposited Rs 1.33 crore in cash into his bank account, it triggered the red