Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/how-can-i-ensure-my-wife-inherits-our-ancestral-properties-without-claims-from-my-children/articleshow/126372717.cms Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us
Day: January 12, 2026
*******ITR-U cannot be filed if proceedings are initiated against a taxpayer, even when it is unrelated to the income to be disclosed in ITR-U, why Budget 2026 must fix this – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-u-cannot-be-filed-if-proceedings-are-initiated-against-a-taxpayer-even-when-it-is-unrelated-to-the-income-to-be-disclosed-in-itr-u-why-budget-2026-must-fix-this/articleshow/126477048.cms The most significant limitation arises once assessment, reassessment or revision proceedings are initiated or concluded for the relevant assessment year—irrespective of whether the
Income Tax Act 2025: 5 things that will change for taxpayers when new laws replace old rules – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-act-2025-5-things-that-will-change-for-taxpayers-when-new-laws-replace-old-rules/articleshow/126477339.cms As the Financial Year 2026-27 begins from April 1, 2026, New Income Tax Act, 2025 will come into effect in India. With an aim
*Accountant Illness & Business Closure Not Valid Grounds to Extend GST Limitation
Clipped from: https://taxguru.in/goods-and-service-tax/accountant-illness-business-closure-valid-grounds-extend-gst-limitation.html Tapi Ready Plast Vs State of Gujarat & Ors (Gujarat High Court) The writ petition challenged the rejection of a statutory GST appeal
*Renewing motor policy: When less can be more – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/renewing-motor-policy-when-less-can-be-more/article70497395.ece Logically, the renewal premium should be lower since the sum insured reduces each year, yet it remains unchanged, or is even higher and
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