Clipped from: https://www.business-standard.com/finance/personal-finance/missed-tax-break-on-property-sale-itat-allows-section-54-in-reassessment-126042000324_1.html Missed Section 54 in original return? ITAT allows claim later, but conditions, timelines and documents matter A recent ruling by the Income Tax
*PAN rules explained: Here’s when it’s mandatory for your transactions | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/pan-rules-explained-here-s-when-it-s-mandatory-for-your-transactions-126042000722_1.html From opening bank accounts to buying property, here’s where quoting PAN is compulsory under the current income tax rules Quoting a Permanent Account
*No tax liability? Here’s how Form 121 replaces 15G and 15H under the Income Tax Act 2025 – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-10-things-to-know-about-form-121-if-your-tax-liability-is-nil-4212942/ Quoting of PAN is mandatory for submitting the declaration in Part A of Form No. 121 by the declarant. Form 121 is a
*What happens if your employer deducts TDS but doesn’t deposit it with govt? ITAT ruling brings clarity – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/what-happens-if-your-employer-deducts-tds-but-doesnt-deposit-it-with-govt-itat-ruling-brings-clarity-4212798/ A Kolkata ITAT ruling brought major relief to salaried taxpayers, holding that TDS credit cannot be denied even if the employer fails to
?Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax Department – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/buying-property-costing-between-rs-20-lakh-and-rs-45-lakh-without-a-pan-you-must-use-new-form-97-says-income-tax-department/articleshow/130385186.cms The Income Tax Department has rolled out a revamped Form 97 in the place of the old Form 60. For those in the know, Form 60 was
Meta help–regarding Section 147A and 148A
Got it — you’re just studying this for the new Act, no notice involved. Here’s a clean study-note version of Section 147A inserted by Finance
*Budget 2026: FM Proposes New Section 147A to Clarify Who Can Issue Reassessment Notices [Read Finance Bill 2026]
Clipped from: https://www.taxscan.in/top-stories/budget-2026-fm-proposes-new-section-147a-to-clarify-who-can-issue-reassessment-notices-1442610 Budget 2026 proposes a new Section 147A to clearly define the authority responsible for issuing income tax reassessment notices, with retrospective effect from
*स्मार्टफोनमध्ये आधार ॲप अनिवार्य करण्याचा निर्णय रद्द, केंद्राची माघार
Clipped from: https://www.loksatta.com/tech/center-drops-mandatory-aadhaar-app-preloading-order-apple-samsung-google-privacy-concerns-india-vsd-99-5844200/ मुंबई : देशातील प्रत्येक स्मार्टफोनधारकाची आधार संलग्नता आणि बायोमेट्रीक पडताळणी करण्यासाठी स्मार्टफोनमध्ये आधार ॲप अनिवार्य करण्याचा निर्णय केंद्र सरकारने रद्द केल्याचे वृत्त ‘रॉयटर्स’ने दिले
*Fake PM Loan Scheme; ‘Aadhaar Card वर 3 लाख रुपयांपर्यंत लोन मिळणार’; असा मेसेज आल्यास सावधान, जाणून घ्या संपूर्ण माहिती | Maharashtra Times
Clipped from: https://maharashtratimes.com/business/business-news/fake-pm-loan-yojna-scams-are-circulating-promising-rupees-35-lakh-loans-via-aadhaar-card/articleshow/130306358.cms Aadhar Card Fake Loan Scam: तुमच्या आधार कार्डच्या आधारे 3 लाख रुपयांपर्यंतचे कर्ज देण्याचा दावा करणारी एक मॅसेज आजकाल झपाट्याने पसरत आहे. पण
Export lull: Truckers’ losses mount – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/logistics/export-lull-truckers-losses-mount/article70881215.ece Truckers grapple with huge losses as fewer shipments are entering Bangladesh at the Petrapole land port EXIM ON WHEELS. Petrapole land port, 80
Property Rights of Heir After Owner’s Death; कुटुंबप्रमुखाच्या मृत्यूनंतर वाद विवाद न करता मिळवा संपत्तीचा हक्क; जाणून घ्या संपूर्ण प्रक्रिया | Maharashtra Times
Clipped from: https://maharashtratimes.com/business/real-estate-news/how-to-avoid-property-dispute-essential-steps-heirs-should-take-after-owners-death/articleshow/129994593.cms Property Division Rules: मालमत्तेचे हक्क, वाद, वाटप आणि तत्सम बाबींशी संबंधित अनेक प्रकरणे उच्च न्यायालयांमध्ये प्रलंबित आहेत — यांपैकी अनेक प्रकरणे टाळता आली
Crude Oil Crisis; युद्धामुळे जगासमोर ‘काळं’ संकट; 50 दिवसांच्या नुकसानीचा आकडा ऐकून चक्रावून जाल, महत्त्वाच्या गोष्टीचा ‘लिमिटेड’ साठा | Maharashtra Times
Clipped from: https://maharashtratimes.com/business/business-news/us-iran-conflict-led-global-oil-crisis-50-days-of-crisis-in-middle-east-results-50-billion-dollars-oil-loss/articleshow/130348919.cms Crude Oil Crisis: पश्चिम आशियातील संघर्षामळे तेलाच्या उत्पादनात मोठी घट, निर्यातीत घट आणि वाढत्या किमतींमुळे जगभरातील अर्थव्यवस्थांवर दबाव आला ज्याचा परिणाम भारतातही स्पष्टपणे
How 50 days of Iran war led to the loss of $50 billion worth of oil | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/how-50-days-of-iran-war-led-to-the-loss-of-50-billion-worth-of-oil-126041900775_1.html More than 500 million barrels of crude and condensate have already been knocked out of the global market Iran’s Foreign Minister Abbas Araqchi
Forex curbs cannot last as rupee internationalisation is RBI’s top agenda
Clipped from: https://www.business-standard.com/opinion/columns/desperate-measures-in-desperate-times-rbi-s-forex-curbs-vs-rupee-agenda-126041900365_1.html India’s forex reserves, at $700.9 billion, though lower than their late-February peak, are adequate. Selling dollars to arrest currency depreciation cannot be a
Consumer protection: Flat buyers’ rights must not be scuttled by financiers | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/consumer-protection-flat-buyers-rights-must-not-be-scuttled-by-financiers-126041900751_1.html Seldom do courts take cognizance of Section 9 of the Maharashtra Ownership Flats Act, which says that if a mortgage is created, it
Travel Insurance: Check these things before taking that summer vacay abroad
Clipped from: https://www.business-standard.com/finance/personal-finance/travel-insurance-check-these-things-before-taking-that-summer-vacay-abroad-126041601111_1.html With flight disruptions rising amid geopolitical tensions, travellers must check insurance coverage, exclusions, and claim conditions carefully before heading abroad this summer Travel
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