Clipped from: https://www.businesstoday.in/personal-finance/tax/story/bitcoin-gains-heres-exactly-how-indian-investors-must-file-and-pay-tax-in-2025-484417-2025-07-13 Additionally, a 1% TDS (Tax Deducted at Source) is levied by crypto exchanges on every sale or trade over ₹10,000 annually (₹50,000 in
Month: July 2025
*******Reassessment Notices Invalid if Issued Beyond Surviving Period, Even If 14-Day Reply Procedure Followed: Gujarat HC [Read Order]
Clipped from: https://www.taxscan.in/top-stories/reassessment-notices-invalid-if-issued-beyond-surviving-period-even-if-14-day-reply-procedure-followed-gujarat-hc-1427582 The Gujarat High Court quashed a reassessment notice as invalid for being issued beyond the limitation period despite following the 14-day reply process
MSME lending a new driver of credit growth? Asset quality a key test
Clipped from: https://www.business-standard.com/opinion/columns/msme-lending-a-new-driver-of-credit-growth-asset-quality-a-key-test-125071001426_1.html Credit growth to small and medium enterprises is outpacing all other sectors, but the test of asset quality lies ahead When a bank
***ITR under investigation: Your tax refund may be withheld if your claim is unusually high – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-under-investigation-no-tax-refund-this-year-if-your-claim-in-return-filing-is-unusually-3912130/ Taxpayers are worried about the delay in getting tax refund in 2025. Expert said – Refunds are getting stuck due to delay in
Kolte-Patil Developers Q1 pre-sales dip 13% to ₹616 cr on lower volumes – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/real-estate/kolte-patil-developers-q1-pre-sales-dip-13-to-616-cr-on-lower-volumes/article69803898.ece The company informed that its sales volume in April-June FY26 fell 12.5% to 0.84 million square feet from 0.96 million square feet in
***Can you claim HRA and home loan tax perks together? Here’s how taxpayers save Rs 1 lakh or more – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/hra-exemption-home-loan-deductions-salaried-taxpayers-india-484387-2025-07-12 Many salaried taxpayers wonder if they can claim both HRA and home loan deductions. But tax experts say it’s legal, and can save
*Tax filing eased: ITR-1 to ITR-4 see major changes for AY25-26; check which form is right for you
Clipped from: https://www.businesstoday.in/personal-finance/tax/photo/tax-filing-eased-itr-1-to-itr-4-see-major-changes-for-ay25-26-check-which-form-is-right-for-you-484388-2025-07-12/6 The Income Tax Department has revamped ITR forms for FY 2024-25 with key changes. Now, taxpayers with LTCG up to Rs 1.25 lakh
***Register Digital Signature Certificate FAQ | Income Tax Department
Clipped from: https://www.incometax.gov.in/iec/foportal/help/how-to-register-e-filing-dsc-faq 1. What is DSC and why is it required?Digital Signature Certificate (DSC) is the electronic format of a physical or paper certificate. DSC
*Report capital gains in your ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-report-capital-gains-in-your-itr-3911357/ Misreporting can attract penalties By Sreenivasulu Reddy Over the last decade, the Indian mutual fund industry has experienced significant growth. While many individuals
*******Report exact transfer date of assets in ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/report-exact-transfer-date-of-assets-in-itr-3911368/ Tally details with AIS, TIS & Form 26AS Report exact transfer date of assets in ITR. The income tax returns (ITR) forms for AY 2025-26
*****NRIs filing ITR in India should know these four income tax-related changes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nris-filing-itr-in-india-should-know-these-four-income-tax-related-changes/articleshow/122313359.cms?utm_source=newsletter&utm_medium=email&utm_campaign=Wealthspecial&utm_content=Story&ncode=75d64f4897e8e8ac52cb55467461f7a63c51ccf2c2e8b750e486fcfa03718c33e0bf41778dc7feec8f76e8759355eb788905edbd8557d2ac1fa363f966a48919a380584f77fada86f74a4f697082eca5&nl_id=5f5a31db80f79664e95679cb The Income Tax Department has notified the income tax return (ITR) forms for FY 2024-25 (AY 2025-26). But, although software utilities for ITR-1
*******ITR-2 and ITR-3 excel utility released by Income Tax Department; Taxpayers with capital gains, crypto, other incomes can now file ITR – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-2-and-itr-3-excel-utility-released-by-income-tax-department-taxpayers-with-capital-gains-crypto-others-can-now-file-itr/articleshow/122378318.cms?utm_source=newsletter&utm_medium=email&utm_campaign=Wealthspecial&utm_content=Story&ncode=75d64f4897e8e8ac52cb55467461f7a63c51ccf2c2e8b750e486fcfa03718c33e0bf41778dc7feec8f76e8759355eb788905edbd8557d2ac1fa363f966a48919a380584f77fada86f74a4f697082eca5&nl_id=5f5a31db80f79664e95679cb Excel Utilities of ITR-2 and ITR-3 for AY 2025-26 are now live and available for filing. The Income Tax Department has made available the excel