June 10, 2026 07:57 IST If you have invested in shares or equity mutual funds and received dividend income or bonus shares in the financial year 2025-26, then filing Income
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
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27
Read more at:https://economictimes.indiatimes.com/wealth/tax/itr-filing-2026-9-key-checks-every-taxpayer-must-make-for-ay-202627/articleshow/131632259.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income Tax Return (ITR) filing season for Assessment Year (AY) 2026-27 is underway. Yet, many taxpayers continue to approach ITR filing
The Rs. 15 lakh crore question which SEBI just asked
https://economictimes.indiatimes.com/prime/the-rs-15-lakh-crore-question-which-sebi-just-asked/primearticleshow/131567453.cms Synopsis For years, a mid-cap company told shareholders it was one of the world’s largest players in its line of business by revenue. The
No tax relief despite income below Rs 12 lakh? Here’s why some taxpayers still pay tax
https://www.financialexpress.com/money/income-tax/no-tax-relief-despite-income-below-rs-12-lakh-heres-why-some-taxpayers-still-pay-tax/4262998 While the new tax regime provides rebate benefits effectively resulting in nil tax liability for resident individuals having taxable income up to Rs. 12
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