Clipped from: https://www.businesstoday.in/personal-finance/tax/story/capital-gains-tax-rules-mutual-funds-july-2024-483867-2025-07-09 Capital gains tax rules for mutual fund redemptions have changed from July 23, 2024, with new rates applying to both Long-Term (LTCG) and
Month: July 2025
ITR refund delay: Your AY 2025-26 refund depends on past ITR assessments – experts explain new rule changes – Money News | The Financial Express
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
100 days into ITR filing season, but utilities for most forms still not released — will the Sept 15 deadline be extended again? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/100-days-into-itr-filing-season-but-utilities-still-missing-will-govt-extend-the-sept-15-deadline-again-3909437/ 100 days have passed since the ITR filing season for AY 2025-26 began, but utilities for key forms like ITR-2, ITR-3, ITR-5, ITR-6,
Can your HRA tax exemption claim get rejected despite submitting all proofs? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/can-your-hra-tax-exemption-claim-get-rejected-despite-submitting-all-proofs/articleshow/122355957.cms Once all HRA tax exemption proofs are submitted then can the tax officer still reject the claims and dispute the claim? House Rent
Despite representing over half the world’s population, BRICS remains ineffective due to lack of unity and leadership ब्रिक्स परिषद युक्रेन गाझा संहार निषेध ब्रिक्स देश संघर्ष रशिया चीन अध्यक्ष अनुपस्थिती
Clipped from: https://www.loksatta.com/sampadkiya/editorial/brics-summit-ukraine-gaza-massacre-protest-brics-countries-conflict-russia-china-president-absence-ssb-93-5214842/ रशिया आणि चीनचे अध्यक्ष या परिषदेत अनुपस्थित राहिले; युक्रेन आणि गाझातील संहारांचा धड निषेधही ‘ब्रिक्स’ने केला नाही; ‘ब्रिक्स’ देशांतील संघर्षांबद्दलही मौनच… अग्रलेख :
Trump’s ‘Beautiful Bill’ could help US growth but at a cost – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/trumps-beautiful-bill-could-help-us-growth-but-at-a-cost/article69791341.ece The Act is likely to increase American growth rates, but this will come at the expense of incomes and welfare on the one
Combating corruption – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/combating-corruption/article69793078.ece Investigators need more power with safeguards Investigating officials need to be empowered to fight corruption | Photo Credit: Andrii Yalanskyi A recent Madras
Indian economy at crossroads – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indian-economy-at-crossroads/article69793039.ece Long-term growth is likely to be range-bound at 6.5%. Private investment needs to revive quickly Indian economy: Structural issues | Photo Credit: FRANCIS
India must deepen ties with Asean nations, not abandon its trade agreement
Clipped from: https://www.business-standard.com/opinion/editorial/india-must-deepen-ties-with-asean-nations-not-abandon-its-trade-agreement-125070901462_1.html Some within the government, as well as prominent voices in industry, have complained that the FTA with Asean allows for the dumping of
Demat accounts rise by 2.5 million in June, near 200 mn milestone | Markets News – Business Standard
Clipped from: https://www.business-standard.com/markets/news/demat-accounts-rise-by-2-5-million-in-june-near-200-mn-milestone-125070900941_1.html June also marked the second consecutive monthly increase after a steady decline from January to April This surge brings the total number of
Regret not insuring MFI business from start: IDFC Bank CEO Vaidyanathan | People – Business Standard
Clipped from: https://www.business-standard.com/companies/people/vaidyanathan-regrets-not-insuring-mfi-portfolio-idfc-first-bank-fy25-125070901090_1.html IDFC First Bank chief says not insuring the microfinance portfolio earlier worsened FY25 losses but confirms that 66 per cent of the book
Banks flush with funds but reluctant to pursue aggressive lending | Finance News – Business Standard
Clipped from: https://www.business-standard.com/finance/news/banks-flush-with-funds-but-reluctant-to-pursue-aggressive-lending-125070901227_1.html Loan growth for banks is yet to pick up despite a 100 bps cut in the policy repo rate by the Reserve Bank
ITR refund delay: Your AY 2025-26 refund depends on past ITR assessments – experts explain new rule changes – Money News | The Financial Express
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
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