https://www.financialexpress.com/money/income-tax/it-department-denied-87a-rebate-on-short-term-gains-itat-rules-in-taxpayers-favour/4325047 What happens when the Income Tax Department denies your Section 87A rebate because you earned short-term capital gains? A recent Jaipur ITAT ruling has
Month: August 2026
RBI’s great dollar haul: Where are the $73 billion going?
Read more at:https://economictimes.indiatimes.com/news/economy/finance/where-has-indias-73-billion-gone-inside-the-rbis-great-dollar-haul/articleshow/133501056.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/news/economy/finance/where-has-indias-73-billion-gone-inside-the-rbis-great-dollar-haul/articleshow/133501056.cms India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains
*******₹21.60 Lakh Loan Received by Wife from Husband Cannot Be Treated as Unexplained When ITR & Banking Channel Establish Transaction: ITAT
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that Rs. 21.60 lakh loan received by a wife from her husband could not
*******Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax relief
Read more at:https://economictimes.indiatimes.com/wealth/tax/selling-inherited-property-know-who-is-liable-to-pay-income-tax-on-capital-gains-and-how-heirs-can-claim-tax-relief/articleshow/133463503.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Succession-related tax disputes frequently arise because the legal ownership, sale deed, banking trail, TDS records and income-tax returns do not correspond with
8.7 crore young Indians are outside work and education. The number hides a bigger problem
https://www.financialexpress.com/policy/economy/8-7-crore-young-indians-are-outside-work-and-education-the-number-hides-a-bigger-problem/4323820/?ref=hometop_hp As per policy advisors and staffing experts interviewed by Financial Express, these numbers point to two big challenges instead of just one. Nearly 8.7
Bank froze businessman’s account over income mismatch, now it is asked to pay Rs 50,000 compensation; HC explains why
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/bank-froze-businessmans-account-over-income-mismatch-now-it-is-asked-to-pay-rs-50000-compensation-hc-explains-why/articleshow/133393897.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Bank account holder to get Rs 50,000 as bank freezed the account on the ground of discrepancy in declared income and amount
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