Month: June 2026
No Form 16? Here’s how salaried taxpayers can file ITR using AIS and Form 26AS for FY 2025-26
Read more at:https://economictimes.indiatimes.com/wealth/tax/no-form-16-heres-how-salaried-taxpayers-can-file-itr-using-ais-and-form-26as-for-fy-2025-26/articleshow/131960690.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst As the Income Tax Return (ITR) filing season kicks off, a lot of salaried taxpayers may have already received their Form 16.
Income tax dept identifies up to 20,000 cases of individuals who used the ‘swapped provisions’ trick to reduce net tax liability; Know what to do now to fix this
Read more at:https://economictimes.indiatimes.com/wealth/tax/tax-saving/how-to-use-an-income-tax-calculator-for-investments-and-financial-planning/articleshow/125865160.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income Tax Department using data analytics and other tools and sources at its disposal have identified about 15,000 to 20,000 likely cases where
*महत्वाचे वाटले म्हणून ह्या ग्रुप वर टाकते आहे* आपल्या पुण्यातील ओळखीच्या सदस्यांसाठी काल दिनांक 25 रोजी “धन्वंतरी हॉल मध्ये एक प्रदर्शनी भरलेली होती . ही
RBI clears the decks with FAQs [2] Commercial banks including their overseas branches are allowed to extend loans to non residents or issue standby letters of credit [SBLCs] in favor of overseas lenders against FCNR[B] deposits under the swap facility announced earlier this month[2] However RBI has not specified the quantum of loans that can be extended against such deposits or the permissible leverage leaving banks to to determine these parameters [3] SBI is offering leverage of upto nine times — Courtesy BS
For example against a $1 million FCNR[B] deposits, a bank may lend upto $9 million to the customer which can then be placed as deposits
His span was much wider than Fed
His span was much wider than Fed https://economictimes.indiatimes.com/opinion/et-editorial/his-span-was-much-wider-than-fed/articleshow/131917478.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
Section 148 Notice Set Aside as AO Ignored Explanations & Supporting Materials
Ojaswini Retailers Private Limited & anr. Vs Union of India & Ors. (Calcutta High Court) https://taxguru.in/income-tax/section-148-notice-set-ao-explanations-supporting-materials.html?utm_source=follow.it Calcutta High Court quashes Section 148A(3) order and Section
Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him relief
Read more at:https://economictimes.indiatimes.com/wealth/tax/husband-trades-through-wifes-demat-account-incurs-rs-1-95-crore-loss-tax-dept-sends-notice-over-clubbing-of-income-itat-lucknow-grants-him-relief/articleshow/131901718.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr. Yadav from Kanpur filed his income tax return (ITR) for FY 2018-19, he combined his wife’s stock market and F&O
aniltikotekar4sme.com 