For AY 2026-27, salaried employees should pay extra attention while selecting the correct ITR form and reporting capital gains details properly. A wrong ITR form or incomplete
Day: June 12, 2026
*****Gifts from relatives can no longer be reported as exempt income in the ITR: Here is why https://freefincal.com/gifts-from-relatives-can-no-longer-be-reported-as-exempt-income-in-the-itr-here-is-why/
Many taxpayers have traditionally followed one of two approaches when receiving gifts from specified relatives such as parents, spouse, children, siblings, or certain lineal ascendants
What happens to your fixed deposits if you leave no nominee or will?
https://www.financialexpress.com/money/what-happens-to-your-fixed-deposits-if-you-leave-no-nominee-or-will-4265669/ Shared by Financial Express android app click here to download https://financialexpress.page.link/fe_app
Your money is losing value every month: Lessons from the 1991 crisis
Your money is losing value every month: Lessons from the 1991 crisis https://economictimes.indiatimes.com/wealth/spend/your-rupee-buys-less-every-month-heres-what-1991-crisis-can-teach-you-about-protecting-your-money/slideshow/131647256.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
6 ITR categories Income Tax Dept picks for mandatory scrutiny
6 ITR categories Income Tax Dept picks for mandatory scrutiny https://economictimes.indiatimes.com/wealth/tax/itr-scrutiny-alert-income-tax-department-identifies-6-categories-of-returns-for-mandatory-scrutiny-in-fy-2026-27/new-itr-scrutiny-guidelines-out/slideshow/131658422.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts
These 8 banking stocks have an upside potential of up to 26% in 1 year, according to analysts https://economictimes.indiatimes.com/markets/stocks/news/these-8-banking-stocks-have-an-upside-potential-of-up-to-26-in-1-year-according-to-analysts/articleshow/131619310.cms Download Economic Times App to stay
Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before others
Balance sheet trick: Decoding another manipulation, and how to spot a bad apple in your portfolio before others https://economictimes.indiatimes.com/intelligent-investing/finding-red-flag/balance-sheet-trick-decoding-another-manipulation-and-how-to-spot-a-bad-apple-in-your-portfolio-before-others/articleshow/131537139.cms Download Economic Times App to stay
Rajesh Exports is not alone; there are many hiding behind one word called …
Rajesh Exports is not alone; there are many hiding behind one word called … https://economictimes.indiatimes.com/prime/rajesh-exports-is-not-alone-there-are-many-hiding-behind-one-word-called-/primearticleshow/131653704.cms Download Economic Times App to stay updated with Business News
Is India’s economic growth real? Raghuram Rajan says something is off
Is India’s economic growth real? Raghuram Rajan says something is off https://economictimes.indiatimes.com/news/economy/policy/is-indias-economic-growth-real-raghuram-rajan-says-something-is-off/articleshow/131676593.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demands
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demands https://economictimes.indiatimes.com/wealth/tax/salaried-employees-beware-these-5-mistakes-during-itr-filing-can-trigger-unexpected-tax-demands/articleshow/131657878.cms Download Economic Times App to stay updated with Business News
*****Reassessment Invalid as AO Relied Solely on Investigation Report without Inquiry: ITAT Delhi
https://taxguru.in/income-tax/reassessment-invalid-ao-relied-solely-investigation-report-inquiry-itat-delhi.html?utm_source=follow.it Marvelous Cement Pvt. Ltd. Vs ITO (ITAT Delhi) In this case, the Income Tax Appellate Tribunal (ITAT), Delhi, examined the validity of reassessment proceedings
How to Report Capital Gains in ITR for Salaried Employees [2026 Edition]
https://www.taxscan.in/top-stories/how-to-report-capital-gains-in-itr-for-salaried-employees-2026-edition-1445824 For AY 2026-27, salaried employees should pay extra attention while selecting the correct ITR form and reporting capital gains details properly. A wrong ITR form or
*****Income Tax Appeals to CIT(A) under New Act: Know Mandatory Rules, Deadlines, and Prerequisites for Form 99
https://www.taxscan.in/top-stories/income-tax-appeals-to-cita-under-new-act-know-mandatory-rules-deadlines-and-prerequisites-for-form-99-1445463 The new Income Tax Act and rules has consolidated and structured the forms required to be filed. One of the important forms is Form 99,
NRI Income Tax Return Filing Guide for AY 2026-27: Forms, Slabs & Deductions
https://www.taxscan.in/top-stories/nri-income-tax-return-filing-guide-for-ay-2026-27-forms-slabs-deductions-1446313 NRIs having income in India must check three things before filing the income tax return for AY 2026-27: residential status, correct ITR form and
*****Section 148 Notice Invalid if There Was Only Reason to Suspect, Not Reason to Believe: ITAT Mumbai
https://taxguru.in/income-tax/section-148-notice-invalid-reason-suspect-reason-itat-mumbai.html?utm_source=follow.it Aakash Developers Vs ACIT (ITAT Mumbai) ITAT Quashes Reassessment Because AO Relied on Investigation Wing Report Without Independent Inquiry; ITAT Deletes On-Money Addition Because Revenue
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