Month: March 2026

Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/insurance-query-matters-of-the-heart/article70655893.ece Should you opt for plan with unlimited sum insured? Q: My wife, Aaruhi (35), was recently diagnosed with a chronic heart condition. As

Clipped from: https://www.thehindubusinessline.com/portfolio/personal-finance/nri-remittances-and-taxes/article70657685.ece Tax implications of NRI remittances and income for parents, including capital gains and interest taxation guidelines I am an Indian citizen and tax

Clipped from: https://taxguru.in/income-tax/38-important-income-tax-proposed-finance-bill-2026.html The Union Budget 2026–27 proposes wide-ranging amendments across the Income-tax framework to extend compliance timelines, expand correction windows, and recalibrate penalties and interest. Key changes

lipped from: https://taxguru.in/income-tax/reassessment-u-s-148-quashed-addition-recorded-reasonsentire-proceedings-held-invalid-itat-cuttack.html Arpita Jena Vs ITO (ITAT Cuttack) Reassessment u/s 148 Quashed Where No Addition Made on Recorded Reasons; Entire Proceedings Held Invalid – ITAT

Clipped from: https://taxguru.in/income-tax/reassessment-u-s-148-quashed-lack-tangible-material-bogus-ltcg-addition-u-s-68-deleted-itat-chandigarh.html Pawan Garg Vs ITO (ITAT Chandigarh) Reassessment u/s 148 Quashed for Lack of Tangible Material; Bogus LTCG Addition u/s 68 Deleted – ITAT

Clipped from: https://www.taxscan.in/top-stories/gift-of-property-share-from-husband-to-wife-eligible-for-capital-gain-exemption-but-clubbing-and-capital-gains-rules-apply-rules-itat-1421600?TRN300=CEBWzMSUsaUPKegAedYMcbWGACJDwuMKEGAvdYqxgJGMVUfcyMsKJIDqKMsAshMbVwAEDIMSSIeJMk&LKD333=3439104 Observing that the legal transfer of ownership through gift and the reinvestment of capital gains satisfied the conditions under Section 54, the ITAT

Clipped from: https://www.taxscan.in/wrongfully-seizure-of-nris-personal-belongings-by-customs-dept-delhi-hc-allows-to-avail-baggage-rule-benefits/500299?TRN300=CEBWzMSUsaUPKegAedYMcbWGACJDwuMKEGAvdYqxgJGMVUfcyMsKJIDqKMsAshMbVwAEDIMSSIeJMk&LKD333=3439147 The Court ordered that the petitioner’s gold item that had been confiscated by customs officers could be returned to the petitioner or any