Clipped from: https://taxguru.in/income-tax/capital-gain-tax-date-purchase-construction-property.html Explore Capital Gain Tax Exemption rules on property transactions with illustrative examples, legal decisions, and statutory provisions. Understand the nuances of claiming exemptions
Month: September 2025
Unhealthy trends – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-unhealthy-trends/article70007930.ece State-level health regulators should protect patient interests There is no reason why India’s healthcare sector should function without a sector regulator | Photo
More than CIBIL: What lenders really check before clearing your loan | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/more-than-cibil-what-lenders-really-check-before-clearing-your-loan-125090301089_1.html A good CIBIL score helps, but lenders also weigh income stability, debt load, and spending discipline before approving your loan Listen to This
Section 44AD vs. 44ADA: Why taxpayers are facing scrutiny on TDS under Section 194J – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/section-44ad-vs-44ada-why-taxpayers-are-facing-scrutiny-on-tds-under-section-194j-492370-2025-09-03 Taxpayers are facing scrutiny where receipts subject to TDS under Section 194J are reported under Section 44AD instead of 44ADA. Experts clarify that
Filing ITR for AY 2025-26? 5 free online tools to calculate tax liability – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/filing-itr-for-ay-2025-26-5-free-online-tools-to-calculate-tax-liability-3965827/ The Income Tax Department provides a free tax calculator on its official website. It is considered the most reliable as it is directly
How to pay zero or lower income tax on your residential property sale using Sections 54 and 54F – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-pay-zero-or-lower-income-tax-on-your-residential-property-sale-using-sections-54-and-54f/articleshow/123635000.cms The current income tax laws allow you to claim exemption from long term capital gains (LTCG) income from selling a residential house property and any non-agricultural land. There are
A GST reset: Simplify the tax structure to boost revenue collection | Editorial Comment – Business Standard
Clipped from: https://www.business-standard.com/opinion/editorial/a-gst-reset-simplify-the-tax-structure-to-boost-revenue-collection-125090201515_1.html Prime Minister Narendra Modi had announced in his Independence Day address that the GST system would be rationalised The idea of compensating states
ITR filing & joint bank accounts: How to avoid tax notices on FDs under AIS reporting – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/itr-filing-joint-bank-accounts-how-to-avoid-tax-notices-on-fds-under-ais-reporting-492095-2025-09-02 Joint bank accounts offer convenience for couples and families, but they can create unexpected tax complications when transactions like fixed deposits are reported
What happens if you miss the September 15 ITR filing deadline? Know penalties, fees and alternatives – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/what-happens-if-you-miss-the-september-15-itr-filing-deadline-know-penalties-fees-and-alternatives-3964667/ ITR filing deadline: Missing the deadline doesn’t mean it’s the end of the road—returns can be filed later but with penalties. Less than
ITR filing after deadline: What is condonation of delay request? How it can save you from penalties – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-filing-after-deadline-what-is-condonation-of-delay-request-how-it-can-save-you-from-penalties/articleshow/123651728.cms ET OnlineLate ITR filing: What is condonation of delay? The Income Tax Department (i-T) has enabled the application for the condonation of delay u/s 12A in filing
I am an NRI. How can I take money out of India after selling inherited property and shares with minimum taxes? – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/i-am-an-nri-how-can-i-take-money-out-of-india-after-selling-inherited-property-and-shares-with-minimum-taxes/articleshow/123652171.cms iStockFor NRIs with inherited property, shares, or other assets in India, repatriating funds abroad requires careful tax planning and FEMA compliance. Our panel
*******Ruling upholds stamp duty value under s.50C; directs proportional s.54 exemption and allows indexed improvements if proven
ITAT upheld the AO and CIT(A)’s adoption of the stamp duty value… https://www.taxtmi.com/highlights?id=92106 ITAT upheld the AO and CIT(A)’s adoption of the stamp duty value…
Do not miss extended income tax return filing deadline – here’s how to file your ITR online in just 30 minutes – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/do-not-miss-extended-income-tax-return-filing-deadline-heres-how-to-file-your-itr-online-in-just-30-minutes-3963243/ ITR Filing Deadline 2025: The Income Tax Department has extended the ITR filing due date for FY 2024-25 to September 15, 2025. If
Income tax return filing 2025 deadline: Making wrong claims or hiding income in ITR may cost you heavy penalties – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-return-filing-2025-deadline-making-wrong-claims-or-hiding-income-in-itr-may-cost-you-heavy-panalties-3963481/ Under the new ITR rules, even a small mistake or a false claim can lead to significant financial consequences. Under the new ITR