Clipped from: https://www.business-standard.com/india-news/chhattisgarh-hc-husband-wife-privacy-passwords-domestic-violence-125071601385_1.html The bench stated that any such compulsion by a husband amounts to a breach of the wife’s right to privacy and would invite
Day: July 16, 2025
*What you should know about this emerging digital gateway for relaxed tax filing and compliance – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-you-should-know-about-this-emerging-digital-gateway-for-relaxed-tax-filing-and-compliance/articleshow/122570810.cms At a time when tax compliance is associated with anxiety, delays, and unending paperwork s fixmytax seems to have emerged as a breath
*******Income Tax Dept cracks down on bogus claims of tax deductions like 80GGC; What can taxpayers do? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-dept-cracks-down-on-bogus-claims-of-tax-deductions-like-80ggc-80d-what-can-taxpayers-do/articleshow/122565662.cms If during an income tax raid, a taxpayer is found to have claimed bogus deductions to reduce taxable income, can they be jailed?
1*******How much tax NRIs have to pay on selling property in India? Understand the new math – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-much-tax-nris-have-to-pay-on-selling-property-in-india-understand-the-new-math-3916639/ After the 2024-25 Budget, NRIs selling property in India face new tax rules. The government has introduced a flat 12.5% LTCG tax without
1*******Want to cut taxes on rental income? CA explains 4 step formula to claim maximum deductions – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/home-loan-tax-deductions-sbi-mclr-rate-cuts-emi-relief-484790-2025-07-16 Paying too much tax on your rental income? You might be missing key deductions. A 4-step formula shared by a CA can help
1-*******ITR 3 Excel utility: Significant changes introduced for AY 2025 26; check details before ITR filing – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-3-excel-utility-significant-changes-noted-for-ay-2025-26-check-details-before-itr-filing-484873-2025-07-16 The ITR-3 Excel utility for Assessment Year 2025-26 introduces major updates, including enhanced disclosure requirements for deductions, capital gains segregation, and new reporting
1-*******ITR-3 Excel utility for AY 2025-26: Seven major changes in ITR-3 Excel utility that all taxpayers including stock traders should note – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-for-ay-2025-26-seven-major-changes-in-itr-3-excel-utility-that-all-taxpayers-including-stock-traders-should-note/articleshow/122509059.cms Seven changes in ITR-3 excel utility for AY 2025-26 (FY 2024-25) The Excel utilities of all income tax return (ITR) forms are now out, including
1***Capital gain tax ready reckoner: Listed equity, unlisted equity, gold, house property, and other assets for ITR filing FY 2024-25 (AY 2025-26) – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/capital-gain-tax-ready-reckoner-listed-equity-unlisted-equity-gold-house-property-and-other-assets-for-itr-filing-fy-2024-25-ay-2025-26/articleshow/122559999.cms The capital gains rules got updated starting July 23, 2024, for the fiscal year 2024-25. Since these changes happened mid-year, both the old
1*******Income Tax Dept cracks down on bogus claims of tax deductions like 80GGC; What can taxpayers do? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-dept-cracks-down-on-bogus-claims-of-tax-deductions-like-80ggc-80d-what-can-taxpayers-do/articleshow/122565662.cms If during an income tax raid, a taxpayer is found to have claimed bogus deductions to reduce taxable income, can they be jailed?
1***ITR errors? Revise your return by Dec 31 or risk notices, penalties, even prosecution
Clipped from: https://www.businesstoday.in/personal-finance/tax/photo/itr-errors-revise-your-return-by-dec-31-or-risk-notices-penalties-even-prosecution-484773-2025-07-15/4 Filing your income tax return can be tedious, with complex forms, AIS mismatches, and portal glitches adding to the stress. While the deadline
-Income tax filing: Delay in ITR 5, 6, 7 utilities sparks concern ahead of ITR filing deadline – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-filing-delay-in-itr-5-6-7-utilities-sparks-concern-ahead-of-itr-filing-deadline-484785-2025-07-15 The launch of ITR-5, ITR-6, and ITR-7 utilities is delayed due to technical integration difficulties, raising concerns as deadlines near. Experts cite evolving
1*******HRA exemption glitch in ITR utility may impact lakhs of salaried taxpayers, warns CA – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/hra-exemption-glitch-in-itr-utility-may-impact-lakhs-of-salaried-taxpayers-warns-ca-484786-2025-07-15 A major flaw in the ITR utility for FY 2024–25 could derail HRA claims for salaried taxpayers. Experts warn that incorrect prompts around
*******Six changes in ITR-2 Excel Utility that all taxpayers should know before ITR filing for AY 2025-26 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/six-changes-in-itr-2-excel-utility-that-all-taxpayers-should-know-before-itr-filing-for-ay-2025-26/articleshow/122438116.cms Six prominent changes in ITR-2 Excel Utility that all taxpayers including salaried individuals should note The income tax department has released the Excel based utilities
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