Clipped from: https://economictimes.indiatimes.com/wealth/tax/taxpayer-earned-rs-81-crore-tax-exempt-income-tax-dept-disallowed-tax-exemption-on-rs-17-crore-income-taxpayer-fights-and-wins-case-in-itat-delhi/articleshow/126050790.cms Listen to this article in summarized format Section 14A of the Income Tax Act, 1961 prevents taxpayers from claiming any tax deductions for expenses related to
Day: December 19, 2025
Got foreign asset or income related intimation from Income Tax Dept? Here’s what CAs tell what you should do now – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/got-foreign-asset-or-income-related-intimation-from-income-tax-dept-heres-what-cas-tell-what-you-should-do-now/articleshow/126053456.cms Listen to this article in summarized format The Income Tax Department is reaching out to taxpayers with bulk emails about disclosing foreign assets/income information for
I-T dept clarifies why intimations on property deals, foreign assets and AIS mismatches are being sent – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/i-t-dept-clarifies-why-intimations-on-property-deals-foreign-assets-and-ais-mismatches-are-being-sent/articleshow/126059022.cms Listen to this article in summarized format On December 18, 2025, at 5.58 PM, the Income Tax Department announced that they have received some references