Clipped from: https://www.business-standard.com/finance/personal-finance/pan-misused-for-fraudulent-loan-how-to-detect-restore-credit-score-126030400494_1.html Hidden loans can quietly hurt your credit score; here’s how to catch and fix them promptly A loan fraudulently taken on your permanent
Insurer denies accident claim for No FIR and suspected drunken driving; consumer commission orders Rs 5.58 lakh payout: Key lessons for policyholders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/insurer-denies-accident-claim-for-no-fir-and-suspected-drunken-driving-consumer-commission-orders-rs-5-58-lakh-payout-key-lessons-for-policyholders/articleshow/128971682.cms ET OnlineDriver lost control and crashed the car; service center tells Rs 7 lakh repair cost; Insurer denies claim alleging no FIR and
₹60 Lakh vs ₹1.20 crore: How Budget 2026’s foreign asset disclosure scheme cuts black money act risk for NRIs and residents with overseas assets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/60-lakh-vs-1-20-crore-how-budget-2026s-foreign-asset-disclosure-scheme-cuts-black-money-act-risk-for-nris-and-residents-with-overseas-assets/articleshow/129011397.cms ET OnlineAI generated representative image For returning NRI students, professionals, tech employees, relocated NRIs, and residents with overseas financial footprints, reporting of foreign
Income Tax Section 153C Notices Time-Barred When Computed From Satisfaction Note Date: Delhi HC Quashes Reassessment [Read Order]
Clipped from: https://www.taxscan.in/top-stories/income-tax-section-153c-notices-time-barred-when-computed-from-satisfaction-note-date-delhi-hc-quashes-reassessment-1443149?TRN300=svBwJnCucaunBEfYYuaMckWwASJdwUMbvFIIuAlhwjWMvUfSIMCkzyDnkMsAchMbvFIyuAMScYEzMb&LKD333=3432933 The court quashed Income Tax Section 153C notices as time-barred after holding that limitation must be computed from the satisfaction note date. The
ITAT Grants Deduction under Section 54F to NRI: Residential Houses Outside and Inside India Considered [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itat-grants-deduction-under-section-54f-to-nri-residential-houses-outside-and-inside-india-considered-1443147?from-login=449965&token=RDWEB3CKNC41QUFKHYCNWTIHOJSA1LBG2KKOA AO had conducted an incomplete inquiry with regards to the deduction claimed under Section 54F. Principal CIT to reassess the claim considering the
When can a gifted property be taxed as income? Income Tax Appellate Tribunal explains ‘relative’ definition in key ruling – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/woman-receives-rs-33-lakh-property-as-gift-gets-tax-notice-itat-explains-when-a-gift-becomes-taxable-4160087/ A woman with an annual income of just Rs 3.4 lakh received a property worth Rs 33 lakh through a registered gift deed
Forex card breach: Prompt reporting can secure full refund if no negligence
lipped from: https://www.business-standard.com/finance/personal-finance/forex-card-breach-prompt-reporting-can-secure-full-refund-if-no-negligence-126030100870_1.html When not travelling, lock the forex card, keep only a small balance, and switch on alerts Listen to This Article The recent breach
Insurance Query | Matters Of The Heart – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-matters-of-the-heart/article70655893.ece Should you opt for plan with unlimited sum insured? Q: My wife, Aaruhi (35), was recently diagnosed with a chronic heart condition. As
NRI remittances and taxes – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/nri-remittances-and-taxes/article70657685.ece Tax implications of NRI remittances and income for parents, including capital gains and interest taxation guidelines I am an Indian citizen and tax
38 Important Income Tax changes proposed in Finance Bill 2026
Clipped from: https://taxguru.in/income-tax/38-important-income-tax-proposed-finance-bill-2026.html The Union Budget 2026–27 proposes wide-ranging amendments across the Income-tax framework to extend compliance timelines, expand correction windows, and recalibrate penalties and interest. Key changes
Reassessment u/s 148 Quashed Where No Addition Made on Recorded Reasons: ITAT Cuttack
lipped from: https://taxguru.in/income-tax/reassessment-u-s-148-quashed-addition-recorded-reasonsentire-proceedings-held-invalid-itat-cuttack.html Arpita Jena Vs ITO (ITAT Cuttack) Reassessment u/s 148 Quashed Where No Addition Made on Recorded Reasons; Entire Proceedings Held Invalid – ITAT
No Tangible Material: Reassessment Invalid; Bogus LTCG Addition Deleted– ITAT Chandigarh
Clipped from: https://taxguru.in/income-tax/reassessment-u-s-148-quashed-lack-tangible-material-bogus-ltcg-addition-u-s-68-deleted-itat-chandigarh.html Pawan Garg Vs ITO (ITAT Chandigarh) Reassessment u/s 148 Quashed for Lack of Tangible Material; Bogus LTCG Addition u/s 68 Deleted – ITAT
Gift of Property Share from Husband to Wife Eligible for Capital Gain Exemption, But Clubbing and Capital Gains Rules Apply: Rules ITAT [Read Order]
Clipped from: https://www.taxscan.in/top-stories/gift-of-property-share-from-husband-to-wife-eligible-for-capital-gain-exemption-but-clubbing-and-capital-gains-rules-apply-rules-itat-1421600?TRN300=CEBWzMSUsaUPKegAedYMcbWGACJDwuMKEGAvdYqxgJGMVUfcyMsKJIDqKMsAshMbVwAEDIMSSIeJMk&LKD333=3439104 Observing that the legal transfer of ownership through gift and the reinvestment of capital gains satisfied the conditions under Section 54, the ITAT
Wrongfully Seizure of NRI’s Personal Belongings by Customs Dept: Delhi HC allows to Avail Baggage Rule Benefits [Read Order]
Clipped from: https://www.taxscan.in/wrongfully-seizure-of-nris-personal-belongings-by-customs-dept-delhi-hc-allows-to-avail-baggage-rule-benefits/500299?TRN300=CEBWzMSUsaUPKegAedYMcbWGACJDwuMKEGAvdYqxgJGMVUfcyMsKJIDqKMsAshMbVwAEDIMSSIeJMk&LKD333=3439147 The Court ordered that the petitioner’s gold item that had been confiscated by customs officers could be returned to the petitioner or any
Builder homebuyer dispute: Should homebuyers choose arbitration or RERA for quicker resolution? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/builder-homebuyer-dispute-should-homebuyers-choose-arbitration-or-rera-for-quicker-resolution/articleshow/128875199.cms Listen to this article in summarized format While homebuyers with disputes against builders can take their cases to civil courts or RERA tribunals, there’s also another option: Arbitration.
Why the concern over capital flows – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-the-concern-over-capital-flows/article70685198.ece With developed markets too becoming a draw for investors, the outlook on the currency looks slightly uncertain FPIs were always considered to be
Regulating social media: Banning it for children is no silver bullet
lipped from: https://www.business-standard.com/opinion/editorial/regulating-social-media-banning-it-for-children-is-no-silver-bullet-126022501274_1.html A private member’s Bill has even proposed disabling the accounts of all under-16 users (Representative image) Listen to This Article A debate over
Sec 263 Revision Quashed as PCIT Failed to Conduct Independent Enquiry: ITAT Amritsar
Clipped from: https://taxguru.in/income-tax/sec-263-revision-quashed-reopening-tangible-material-invalid-pcit-failed-conduct-independent-enquiry-itat-amritsar.html Late Shri Sucha Singh Vs PCIT (ITAT Amritsar) Sec 263 Revision Quashed – Reopening Without Tangible Material Invalid & PCIT Failed to Conduct