Month: April 2026
Travel Insurance: Check these things before taking that summer vacay abroad
Clipped from: https://www.business-standard.com/finance/personal-finance/travel-insurance-check-these-things-before-taking-that-summer-vacay-abroad-126041601111_1.html With flight disruptions rising amid geopolitical tensions, travellers must check insurance coverage, exclusions, and claim conditions carefully before heading abroad this summer Representative
How a settlement deed secures heirs’ property rights better than a Will | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/how-a-settlement-deed-secures-heirs-property-rights-better-than-a-will-126041601419_1.html By transferring ownership during a settlor’s lifetime, a settlement deed creates a legal ground that can neutralise a conflicting Will Photo: Shutterstock Listen
IBBI proposes rules for out-of-court resolution in bankruptcy cases – Business News | The Financial Express
Clipped from: https://www.financialexpress.com/business/news/ibbi-proposes-rules-for-out-of-court-resolution-in-bankruptcy-cases/4209508/?ref=hometop_hp The IBBI has released a discussion paper on Creditor-Initiated Insolvency Resolution Process (CIIRP) under the IBC Amendment Act 2026. IBBI Proposes Fast-Track Out-of-Court
*TDS, TCS shake up Decoding new tax rates, codes and compliance rules – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/bt-explainer-tds-tcs-shake-up-decoding-new-tax-rates-codes-and-compliance-rules-525983-2026-04-16 From April 1, 2026, the TDS/TCS regime will see a major overhaul under the new Income Tax Act, with renumbered sections and simplified
BT explainer: TDS, TCS shake up Decoding new tax rates, codes and compliance rules – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/bt-explainer-tds-tcs-shake-up-decoding-new-tax-rates-codes-and-compliance-rules-525983-2026-04-16 From April 1, 2026, the TDS/TCS regime will see a major overhaul under the new Income Tax Act, with renumbered sections and simplified
*Finance Act 2026: What the latest amendments mean for you as taxpayer, investor – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/finance-act-2026-what-the-latest-amendments-mean-for-you-as-taxpayer-investor-525805-2026-04-15 The Finance Act, 2026 brings a series of targeted changes that directly impact how you are taxed, invest, and respond to compliance requirements.
*Man gifts a house to father to save Rs 2.63 crore in capital gains tax; I-T Dept flags ‘timing and intent’ – ITAT steps in – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/man-gifts-a-house-to-father-income-tax-dept-questions-timing-and-intent-itat-flags-these-lapses-4209053/ The ITAT denied a taxpayer’s Rs 2.63 crore exemption under Section 54F after finding that a property gifted to his father just days
Living Will to go digital in Maharashtra: What it means for your estate & succession plan – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/living-will-to-go-digital-in-maharashtra-what-it-means-for-your-estate-succession-plan/articleshow/130258187.cms Maharashtra is set to become India’s first state to maintain digital records of living Wills. A government resolution (GR) stated that a portal is now
*Property partition after owner’s death: A guide for legal heirs to divide assets – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/legal/will/property-partition-after-owners-death-a-guide-for-legal-heirs-to-divide-assets/articleshow/130260330.cms Dividing up a property means legally splitting jointly owned property among co-owners or legal heirs, turning joint occupancy into individual shares. Now you can either
*New Income Tax assessment procedure: Notices, timelines, rules explained | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/new-income-tax-assessment-procedure-notices-timelines-rules-explained-126041501159_1.html New framework prioritises substantive compliance over technicalities, centralising reassessment powers and clarifying statutory timelines to reduce litigation Income Tax Bill, Income Tax With
ITAT Hyderabad: AO Cannot Exceed Limited Scrutiny Scope – Entire Assessment Held Invalid
Clipped from: https://taxguru.in/income-tax/itat-hyderabad-ao-exceed-limited-scrutiny-scope-entire-assessment-held-invalid.html Krishna Constructions Vs ITO (ITAT Hyderabad) ITAT Hyderabad: AO Cannot Exceed Limited Scrutiny Scope – Entire Assessment Held Invalid In this case, the
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