Not filing your Income Tax Return (ITR) can have consequences far beyond a delayed refund or a late filing fee. In certain cases involving wilful
Filing ITR-1? These 10 transactions may require you to switch to ITR-2 or ITR-3
Filing ITR-1 for AY 2026-27? These 10 financial transactions may make you ineligible and require you to file ITR-2 or ITR-3 instead. July 8, 2026
Claiming 80G deduction? Here’s the new ITR disclosure requirement for taxpayers
For many taxpayers, filing an Income Tax Return (ITR) is simply an annual routine. You collect your Form 16 from your employer, match the details with your Annual Information
Senior citizen wins full refund and Rs 20 lakh compensation from Air India for defective business class seat that caused pain, vertigo
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/senior-citizen-wins-full-refund-and-rs-20-lakh-compensation-from-air-india-for-defective-business-class-seat-that-caused-pain-vertigo/articleshow/132258701.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The National Consumer Disputes Redressal Commission (NCDRC), New Delhi recently directed Air India to pay a senior citizen full refund and Rs 20 lakh compensation for
*******I have become a foreign citizen. Can my mother make me a joint owner in her property in India?
Read more at:https://economictimes.indiatimes.com/wealth/real-estate/i-have-become-a-foreign-citizen-can-my-mother-make-me-a-joint-owner-in-her-property-in-india/articleshow/132257934.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Synopsis ET Wealth Reader’s Query: I am a foreign citizen and an only son. My mother wants to make me the joint
ITR filing 2026: Step-by-step guide to filing ITR-2 online on the income tax portal
Read more at:https://economictimes.indiatimes.com/wealth/tax/itr-filing-2026-step-by-step-guide-to-filing-itr-2-online-on-the-income-tax-portal/articleshow/132259491.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The deadline for filing income tax returns (ITR) for students, pensioners, salaried folks and anyone else not subject to a tax audit is July
When in India, play by Indian rules
https://economictimes.indiatimes.com/opinion/et-editorial/firm-up-the-troika-within-the-quad/articleshow/132224828.cms Synopsis In response to a BBC Eye investigation, India’s government has instructed Meta to deactivate Instagram ads that promote child abuse. Meta has stated
Father can’t relinquish daughter’s share in ancestral property to son; Know the legal position
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/father-cant-relinquish-daughters-share-in-ancestral-property-to-son-know-the-legal-position/articleshow/132175146.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst In a recent judgement, the Andhra Pradesh High Court held that in cases involving ancestral property, each coparcener or co-sharer (like sons
ITR utility updated: New ‘other income’ column added under exempt income schedule; here’s what it means
Read more at:https://economictimes.indiatimes.com/wealth/tax/itr-utility-updated-new-other-income-column-added-under-exempt-income-schedule-heres-what-it-means/articleshow/132215085.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst If you are salaried, a pensioner, a student, or anyone else who doesn’t need to do an income tax audit, make sure to file
For 36 years brothers fought among themselves to get late elder sister’s property; Brother with sister’s registered Will wins for this reason
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/for-36-years-brothers-fought-among-themselves-to-get-late-elder-sisters-property-brother-with-sisters-registered-will-wins-for-this-reason/articleshow/132234730.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst he Andhra Pradesh High Court recently ruled that when there are two conflicting claims over a property based on Wills, the registered Will takes precedence
Joint property given on rent: Can co-owner of property evict tenants without consent of other co-owners? Know what the law says
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/joint-property-given-on-rent-can-co-owner-of-property-evict-tenants-without-consent-of-other-co-owners-know-what-the-law-says/articleshow/132236895.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/wealth/legal/will/joint-property-given-on-rent-can-co-owner-of-property-evict-tenants-without-consent-of-other-co-owners-know-what-the-law-says/articleshow/132236895.cms Recently, the Bombay High Court had ruled that the co-owner of a property has the right to seek eviction of tenants
ITR filing: Your AIS may have an error; how to spot it, fix it & track it
ITR filing: Your AIS may have an error; how to spot it, fix it & track it https://economictimes.indiatimes.com/wealth/save/it-filing-2026-your-ais-might-have-an-error-heres-how-to-spot-it-fix-it-and-track-it-with-one-pdf/slideshow/132230006.cms Download Economic Times App to stay updated
ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax notices
ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax notices https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-nris-from-miscounted-days-in-india-to-missed-nro-interest-these-mistakes-can-trigger-tax-notices/articleshow/132173376.cms Download Economic Times App to
Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT Chennai
Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins
ITR utility update: New ‘Other Income’ column
ITR utility update: New ‘Other Income’ column https://economictimes.indiatimes.com/wealth/tax/itr-utility-updated-new-other-income-column-added-under-exempt-income-schedule-heres-what-it-means/articleshow/132215085.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Disclose every foreign income and asset in your income tax return
https://www.financialexpress.com/money/disclose-every-foreign-income-and-asset-in-your-income-tax-return-4283004 Omission of assets with zero taxable income can attract Rs 10 lakh penalty July 3, 2026 23:25 IST Resident Indians must disclose all foreign income and
Your queries on income tax: Shifting money earned abroad to India does not attract tax
https://www.financialexpress.com/money/your-queries-on-income-tax-shifting-money-earned-abroad-to-india-does-not-attract-tax-4283027 Expert answers to crucial personal finance queries. Learn about the tax-free status of importing past NRI bank deposits from Dubai, the specific operational rules
Your Money: Don’t forget the clubbing trap when gifting to spouse
https://www.financialexpress.com/money/your-money-dont-forget-the-clubbing-trap-when-gifting-to-spouse-4283995 Discover effective tax saving strategies for dual-income couples in India while avoiding common pitfalls. Learn how Section 99 of the Income-tax Act 2025 and
*******ITR filing for NRIs: From miscounted days in India to missed NRO interest, these mistakes can trigger tax notices
Read more at:https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-nris-from-miscounted-days-in-india-to-missed-nro-interest-these-mistakes-can-trigger-tax-notices/articleshow/132173376.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst For non-resident Indians (NRIs), filing an income tax return every year comes with unique compliance challenges, starting with determining tax residency status.
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