This year, we also have two critical data announcements—a complete overhaul of the Consumer Price Index (CPI) and gross domestic product (GDP) series. Set against
Day: February 3, 2026
New Baggage Rules 2026: Duty-Free baggage limit raised to Rs 75,000 for Indian travellers – Key changes here – Airlines/Aviation News | The Financial Express
Clipped from: https://www.financialexpress.com/business/airlines-aviation-new-baggage-rules-2026-duty-free-baggage-limit-raised-to-rs-75000-for-indian-travellersnbsp-key-changes-here-4129217/ India’s new Baggage Rules, 2026 make international travel easier for passengers, raising duty-free allowances to Rs 75,000 for residents and tourists of Indian
Tax buoyancy lowest since Covid – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/tax-buoyancy-lowest-since-covid-4127896/ At Rs 44.04 lakh crore, gross tax revenue target modest; strategic sectors get customs duty relief India’s Budget 2026-27 projects gross tax revenue
Budget 2026 Income Tax Changes: ITR Filing Deadline Now Depends on ITR Form | Check New Due Dates – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-deadline-changed-your-itr-form-now-decides-when-you-must-file-returns-4128198/ For millions of taxpayers, Budget 2026-27 has quietly changed how and when income tax returns (ITRs) must be filed. While there was no change in
Budget 2026 tightens ITR-U rules: Correcting old mistakes in income tax return may now cost up to 70% extra – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/budget-2026-tightens-itr-filing-rules-correcting-old-tax-mistakes-will-cost-you-up-to-70-extra-4129220/ After Budget 2026, correcting past income tax mistakes has become significantly more expensive. Under the updated return (ITR-U) framework introduced through the Finance
Sold farm land for Rs 5 crore, buys new land in wife’s name, paid no capital gains tax, gets tax notice; Why ITAT Delhi denied tax exemption – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/sold-farm-land-for-rs-5-crore-buys-new-land-in-wifes-name-paid-no-capital-gains-tax-gets-tax-notice-why-itat-delhi-denied-tax-exemption/articleshow/127819618.cms Listen to this article in summarized format On January 21, 2026, the Income Tax Appellate Tribunal (ITAT Delhi) rejected a husband’s request for
No Opportunity of Hearing: ITAT Lucknow Remands Section 69A Addition
Clipped from: https://taxguru.in/income-tax/opportunity-hearing-itat-lucknow-remands-section-69a-addition.html Abha Patel Vs Assessment Unit (ITAT Lucknow) Income Tax Appellate Tribunal, Lucknow Bench considered an appeal filed for Assessment Year 2018–19 against an
ITAT Chandigarh Quashed Reassessment Due to JAO Issuing Notice Post-Faceless Mandate
https://taxguru.in/income-tax/itat-chandigarh-quashed-reassessment-due-jao-issuing-notice-post-faceless-mandate.html ITAT Chandigarh Quashed Reassessment Due to JAO Issuing Notice Post-Faceless Mandate Clipped from: https://taxguru.in/income-tax/itat-chandigarh-quashed-reassessment-due-jao-issuing-notice-post-faceless-mandate.html Biru Sharma Vs ITO (ITAT Chandigarh) The appeal before the Income Tax
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