ITAT Invalidates Reopening Based on Audit Objection as Change of Opinion, Upholds Deletion of ₹6.60 Cr Interest Disallowance u/s 36 [Read Order]

lipped from: https://www.taxscan.in/top-stories/itat-invalidates-reopening-based-on-audit-objection-as-change-of-opinion-upholds-deletion-of-660-cr-interest-disallowance-us-36-1444514 ITAT quashed audit-based reassessment and deleted₹6.60 crore interest disallowance The Income Tax AppellateTribunal (ITAT) Pune Bench has held that reassessment proceedings initiated on the sole

*Form 130 replaces Form 16: Experts explain what’s changing in ‘tax year’ | Personal Finance – Business Standard

Clipped from: https://www.business-standard.com/finance/personal-finance/form-130-replaces-form-16-experts-explain-what-s-changing-in-tax-year-126040301114_1.html New document become the statutory tax deduction certificate, introducing a three-part structure and shifting reporting from the ‘assessment year’ to a ‘tax year’

Don’t let property turn into a legal battle: Essential steps heirs should take after owner’s death – The Economic Times

lipped from: https://economictimes.indiatimes.com/wealth/legal/will/dont-let-property-turn-into-a-legal-battle-essential-steps-heirs-should-take-after-owners-death/articleshow/129992736.cms After death of original property owner family members should take these steps to prevent property title and possession disputes within them (AI generated