A Mumbai ITAT ruling has provided relief to a taxpayer whose name appeared in a property purchase agreement even though the entire payment was made by her husband. The tribunal deleted a Rs 54.93 lakh addition after finding that the source of funds had been fully explained and criticised the CIT(A) for ignoring findings recorded in the Assessing Officer’s remand report.

June 10, 2026 15:07 IST Can a taxpayer face a hefty tax demand merely because her name appears on a property purchase agreement, even though the

Worried about future of your child with special needs? How making a trust can help your child when you are not around

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/worried-about-future-of-your-child-with-special-needs-how-making-a-trust-can-help-your-child-when-you-are-not-around/articleshow/131628545.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst For many parents, financial planning typically focuses on common goals like education, buying a home, or preparing for retirement. But for parents

आजाराबद्दल माहिती लपवल्या वरून विमा कंपनीने विमा पॉलिसी अंतर्गत मिळणाऱ्या सुविधा नाकारल्या –यावर हॉस्पिटलने विशिष्ट आजार डेटा रिपोर्टींग मध्ये २ वर्षेच्या ऐवजी २० वर्षे असे लिहिले — त्यानंतर हॉस्पिटल दुरुस्ती देखील केली पण विमा कंपनी आपला निर्णय बदलण्यास तयार नव्हती. [२] शेवटी ग्राहकास ग्राहक आयोगाकडे जावे लागले आहे. सौजन्य महाराष्ट्र टाइम्स

Run-off-factor on institutioanl deposits and LCR [ liquidity coverage ratio ] requires banks to maintain high quality liquid assets to meet 30 days net outgo under stressed conditons–[1] LCR is currently 100%- as of March, 2026 it is 123.70% [2] Retail deposits – without internet and mobile banking–the run off factor is 5% structural shift in banks deposits refers to a phenomenon— whereby savers in pursuit of higher interest are gravitating towards investments such as mutual funds– which in turn place deposits in banks.

For 13 years a builder failed to redevelop a 70-year-old housing society so a new builder was appointed, the old builder objected, but HC favored residents

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/for-13-years-a-builder-failed-to-redevelop-a-70-year-old-housing-society-so-a-new-builder-was-appointed-the-old-builder-objected-but-hc-favored-residents/articleshow/131586999.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Bombay High Court recently provided interim relief to homeowners in a Wadala housing society after they hired a new builder for

Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to do

Read more at:https://economictimes.indiatimes.com/wealth/tax/paying-rent-above-rs-50000-failure-to-deduct-tds-can-make-you-an-assessee-in-default-know-what-to-do/articleshow/131609927.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Many tenants who pay monthly rent over Rs 50,000 don’t realise that they may have TDS (Tax Deducted at Source) obligations as

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