Clipped from: https://www.financialexpress.com/opinion/e-commerce-promise-for-a-viksit-bharat/4117675/ The goal should not be regulation of the sector for its own sake, but a framework that fuels growth and fairness equally E-commerce
Day: January 24, 2026
*****Capital gain attributed to the co-owner who paid for house – Money News | The Financial Express
https://www.financialexpress.com/money/your-income-tax-queries-capital-gain-attributed-to-the-co-owner-who-paid-for-house-4117487/ Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-capital-gain-attributed-to-the-co-owner-who-paid-for-house-4117487/ Understand the tax implications of selling joint property when ownership shares aren’t defined, and explore the concessional 10% tax rate for patent
*******Big relief for PF nominees: Supreme Court says govt can’t deny payout for lack of succession certificate even for amounts over Rs 5,000 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/big-relief-for-pf-nominees-supreme-court-says-govt-cant-deny-payout-for-lack-of-succession-certificate-even-for-amounts-over-rs-5000/articleshow/127158631.cms Listen to this article in summarized format On January 7, 2026, the Supreme Court of India ruled that even if the General Provident Fund (GPF) balance is
*Key deductions in old and new tax regimes in FY 25-26: Experts want govt to increase these limits in Budget 2026 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/key-deductions-in-old-and-new-tax-regimes-in-fy-25-26-experts-want-govt-to-increase-these-limits-in-budget-2026/articleshow/127372733.cms With the Budget 2026 date of February 1 just a few days away, some salaried taxpayers are at crossroads- whether to stick to the old tax
*******Faceless tax assessment lost its way: Why Budget 2026 must fix system, not expand compliance burden – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/faceless-tax-assessment-lost-its-way-why-budget-2026-must-fix-trust-not-expand-compliance-burden/articleshow/127267051.cms Listen to this article in summarized format Union Budget 2026 comes at a critical juncture for India’s tax administration. With the Income-tax Act, 2025 (the “New
*******Change of Opinion: ITAT Pune Quashes Reassessment; Section 68 & 40(a)(ia) Additions Fail
Clipped from: https://taxguru.in/income-tax/reassessment-quashed-change-opinion-evidence.html Vatsalabai Kabhari Deore Vs ITO (ITAT Pune) ITAT Pune Quashes Reassessment as Change of Opinion: Section 68 & 40(a)(ia) Additions Fail Without New
*******ITAT Pune Remands Capital Gains to AY 2011-12; Revised Computation Allowed
Clipped from: https://taxguru.in/income-tax/capital-gains-shifted-jv-transfer-occurred-earlier-year.html Popatrao Dashrathrao Suryawanshi Vs ITO (ITAT Pune) JV Transfer Took Place in AY 2011-12; ITAT Pune Allows Revised Computation and Remands Capital Gains
*******ITAT Kolkata Allowed Section 54 Exemption Despite Incomplete House Construction
The Kolkata Bench of the ITAT allowed the appeal of Ramautar Saraf (HUF) for AY 2016-17, holding that deduction under section 54 cannot be denied
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