Clipped from: https://maharashtratimes.com/editorial/mahayuti-wins-maharashtra-local-body-elections-2025/articleshow/126119623.cms Maharashtra Local Body Election: उत्तर महाराष्ट्र, पश्चिम महाराष्ट्र, विदर्भ-मराठवाडा आणि कोकण अशा सर्व भागांमध्ये भाजपचे झेंडे फडकले आहेत. अशा निवडणुकांमधून तळागाळात उभी राहणारी
Day: January 17, 2026
*Supreme Court reserves verdict on plea to withdraw life-sustaining treatment for Harish Rana – The Hindu
Clipped from: https://www.thehindu.com/news/national/supreme-court-reserves-verdict-on-a-plea-to-withdraw-life-sustaining-treatment-for-harish-rana/article70512419.ece The hearing highlighted the importance of the family taking a “consistent and well-considered” decision Supreme Court of India, New Delhi. File | Photo
RBI ombudsman authorised to clear compensation up to ₹30 lakh – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-ombudsman-authorised-to-clear-compensation-up-to-30-lakh/article70515676.ece The Reserve Bank will establish the Centralised Receipt and Processing Centre at one or more places to receive the complaints filed under the
Capital gains tax – Selling assets in 2026? How to keep more of your gains and less for the taxman – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/selling-assets-in-2026-how-to-keep-more-of-your-gains-and-less-for-the-taxman-capital-gains-tax-511277-2026-01-16 Capital gains arise when the selling price of an asset exceeds its acquisition cost after adjusting for transfer expenses. While such gains are
Lady signs POA with land owner, builds flats on land and sells, claims Rs 13 crore tax deduction, I-T dept sends notice; She fights back and wins in HC – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/lady-signs-poa-with-land-owner-builds-flats-on-land-and-sells-claims-rs-13-crore-tax-deduction-i-t-dept-sends-notice-she-fights-back-and-wins-in-hc/articleshow/126544402.cms Listen to this article in summarized format On December 1, 2025, the Madras High Court upheld ITAT Chennai’s order, stating that a taxpayer can claim deduction
Reopening Invalid When Search Material Triggers Section 153C
Clipped from: https://taxguru.in/income-tax/reopening-invalid-search-material-triggers-section-153c.html ITO Vs Sagar Construction Company BA Gateway (ITAT Pune) Search-Based Information Triggers Section 153C, Not Reopening u/s 147 — ITAT Pune Dismisses Revenue
Capital Gains Recomputed After Proving Gift-Funded Purchase Cost
Clipped from: https://taxguru.in/income-tax/capital-gains-recomputed-proving-gift-funded-purchase-cost.html Mohsin Himmati Vs ADIT (ITAT Hyderabad) Father’s Bank-Funded Payments Allowed as Cost of Acquisition — ITAT Hyderabad Grants Full LTCG Relief The Hyderabad
Reopening After 3 Years Invalid If Escapement Is Below ₹50 Lakh
Clipped from: https://taxguru.in/income-tax/reopening-3-years-invalid-escapement-rs-50-lakh.html Sanjay Champalal Jaiswal Vs ITO (ITAT Pune) Reopening Beyond Three Years Invalid Where Escapement Is Below ₹50 Lakh — ITAT Pune Quashes Reassessment
Reassessment Quashed for Issuance of Notice Outside Faceless Regime
Clipped from: https://taxguru.in/income-tax/reassessment-quashed-issuance-notice-faceless-regime.html Thilak Babu Boppana Vs ITO (ITAT Hyderabad) Reassessment Quashed for Want of Faceless Jurisdiction — ITAT Hyderabad Applies Kankanala Ravindra Reddy The Hyderabad
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