Clipped from: https://www.financialexpress.com/money/itr-refund-delay-your-ay-2025-26-tax-refund-depends-on-past-return-assessments-experts-explain-new-rule-changes-3908258/ ITR Filing AY 2025-26: Over 1.05 crore income tax returns (ITRs) have been filed so far in the ongoing assessment year 2025-26. Of
Day: July 9, 2025
ITR Filing 2025: Small depositors take a hit under new tax regime — experts call for rethink – Money News | The Financial Express
clipped from: https://www.financialexpress.com/money/itr-filing-2025-small-depositors-take-a-hit-under-new-tax-regime-experts-call-for-rethink-3908064/ Before filing your ITR, know how the removal of 80TTA exemption under the new tax regime could cost you tax even on small
*******ITAT Chennai Quashes Time-Barred Reassessment Citing SC’s Rajeev Bansal Ruling
Clipped from: https://taxguru.in/income-tax/itat-chennai-quashes-time-barred-reassessment-citing-scs-rajeev-bansal-ruling.html Smt. Lakshmi Narasimhan Santhi Vs ACIT (ITAT Chennai) In a significant ruling dated 3rd July 2025, the Chennai Bench of the Income Tax
ITAT Mumbai Mandates DVO Reference in Valuation Disputes
Clipped from: https://taxguru.in/income-tax/itat-mumbai-mandates-dvo-reference-valuation-disputes.html Fakhruddin T. Malik Vs ITO (ITAT Mumbai) Addition u/s 56(2)(vii)(b)(ii) – difference between the stamp duty value and the agreement value of two
Section 263 Revision Unjustified as Assessment Not Erroneous or Prejudicial to Revenue
Clipped from: https://taxguru.in/income-tax/revision-u-s-263-justified-assessment-order-erroneous-prejudicial-interest-revenue.html Chandrakant Vallabhbhai Koladia Vs PCIT (ITAT Ahmedabad) ITAT Ahmedabad held that revisionary proceedings under section 263 of the Income Tax Act not invocable
*******FAQs on Assessments under Income-tax Law
Clipped from: https://taxguru.in/income-tax/faqs-assessments-income-tax-law.html Income tax assessments involve verifying the accuracy of a taxpayer’s return, as mandated by the Income-tax Department. This process, known as assessment, can
Limitation for Section 263 Starts from Original Assessment Date if issues under review not pertain to reassessment
Clipped from: https://taxguru.in/income-tax/limitation-section-263-starts-original-assessment-date-issues-review-pertain-reassessment.html Shiv Vegpro Pvt. Ltd. Vs PCIT (ITAT Jaipur) The Income Tax Appellate Tribunal (ITAT) Jaipur has ruled in favor of the assessee, Shiv
वडिलोपार्जित संपत्तीत वाटा मिळत नाही, तुमचा हक्क कसा मिळवावा? कायदा काय सांगतो? जाणून घ्या | Maharashtra Times
Clipped from: https://marathi.indiatimes.com/business/real-estate-news/ancestral-property-partition-daughters-rights-on-inheritance-wealth-what-law-says-how-to-get-share/articleshow/122262699.cms सर्वसामान्य लोकांना अनेकदा मालमत्तेचे हक्क आणि दाव्यांबद्दल कायदेशीर समज आणि नियमांचे ज्ञान नसते. मालमत्तेशी संबंधित नियम आणि अधिकारांबद्दल योग्य माहिती असणे खूप महत्वाचे