*******Redevelopment Transit Rent Is Capital Receipt Regardless of Actual Spending: ITAT Mumbai
Read more at: https://taxguru.in/income-tax/redevelopment-transit-rent-capital-receipt-actual-spending-itat-mumbai.html Copyright © Taxguru.in Summary: For assessment year 2017-18, the ITAT Mumbai considered an appeal against reassessment proceedings in which three additions
Your queries on Income Tax: No tax-free threshold for senior citizens on dividend income
l Is there any tax-free threshold for dividends received by senior citizens? —Rohan Chaudhary Dividend income is taxable in the hands of investors at their
*******Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these grounds
Read more at:https://economictimes.indiatimes.com/wealth/tax/dubai-nri-bought-rs-2-31-crore-property-didnt-file-itr-got-income-tax-notice-she-fights-back-and-wins-in-itat-on-these-grounds/articleshow/134631463.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mrs Chudamasa, a Dubai-based NRI, did not file her income tax return for the assessment year 2017-18. However, the Income Tax Department
*******NRI child sending money to parents in India: Why a tax-free gift can still trigger an income-tax notice
Read more at:https://economictimes.indiatimes.com/wealth/tax/nri-child-sends-money-to-parents-in-india-why-a-tax-free-gift-can-still-trigger-an-income-tax-notice/articleshow/134632689.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst An NRI may send money to his or her parents in India for household expenses, medical needs, investments, or other family requirements.
Your family may inherit your wealth, but these 7 gaps can delay access
You may spend 20 or 30 years building a house, buying investments, and saving for your family. But have you thought about what happens to
Man deposits Rs 2.5 Cr cash in 3 accounts at same bank; gets I-T notice, ITAT says this
Delhi man who deposited Rs 2.47 crore in cash during the demonetisation period has got major relief from the Income Tax Appellate Tribunal. The Delhi
Mother nominated son in her savings bank a/c, but both died, father faced long delay in getting funds; Consumer Commission orders Rs 10,000 compensation
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/mother-nominated-son-in-her-savings-bank-a/c-but-both-died-father-faced-long-delay-in-getting-funds-consumer-commission-orders-rs-10000-compensation/articleshow/134583965.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst It is usually recommended to have a nominee for a bank account, so that when the account holder passes away, the bank
