Read more at:https://economictimes.indiatimes.com/wealth/tax/8-changes-in-income-tax-audit-forms-for-ay-2026-2027-what-taxpayers-need-to-know/articleshow/134333142.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income Tax Audit deadline for AY 2026-2027 is September 30, 2026. Income Tax audit is mandatory for certain taxpayers because it
Author: Anil R Tikotekar
Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlines
Read more at:https://economictimes.indiatimes.com/wealth/tax/income-tax-rules-2026-amended-cbdt-revises-form-169-form-171-extends-these-deadlines/articleshow/134352061.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Fourth Amendment) Rules, 2026, making several changes to the Income-tax Rules,
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say
Read more at:https://economictimes.indiatimes.com/news/economy/indicators/us-federal-reserve-fed-rate-hike-india-impact-rbi-repo-rate-october-december-policy-rupee-breaches-96-dollar-inflation-economists/articleshow/134303331.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/news/economy/indicators/us-federal-reserve-fed-rate-hike-india-impact-rbi-repo-rate-october-december-policy-rupee-breaches-96-dollar-inflation-economists/articleshow/134303331.cms Inflation is too high…’: Fed hikes interest rates by 25 bps as Warsh resists Trump’s cut demand The US Federal Reserve’s
Kevin Warsh-led Federal Reserve starts US war on inflation
Read more at:https://economictimes.indiatimes.com/opinion/et-editorial/kevin-warsh-led-federal-reserve-starts-us-war-on-inflation/articleshow/134318425.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst US Fed chair Kevin Warsh led a unanimous 12-0 vote to raise interest rate to 3.75-4%, defying Donald Trump’s calls for lower
1-Section 50C Proviso Not Retrospective for AY 2013-14, Rules Ranchi ITAT
Read more at: https://taxguru.in/income-tax/section-50c-proviso-not-retrospective-ay-2013-14-rules-ranchi-itat.html?utm_source=follow.it Copyright © Taxguru.in Prakash Chandra Mukherjee Vs ITO (ITAT Ranchi) Agreement-Date Stamp Value Relief under Section 50C Is Not Retrospective: Ranchi
1-*******Supreme Court Stays P&H HC Ruling Striking Down S. 147A of Income Tax Act; Reassessment Proceedings Also Stayed
The Supreme Court stayed the Punjab and Haryana High Court judgment which had struck down Section 147A of the Income Tax Act, 1961 as unconstitutional.
1-Your queries on income tax: File revised return if any income missed in original ITR
1. I had filed my ITR in June and found out some income was not reported. The tax return is also processed. Should I pay
1-Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring shares
https://economictimes.indiatimes.com/wealth/tax/can-nris-save-income-tax-by-gifting-shares-to-their-resident-parents-know-these-tax-rules-before-transferring-shares/articleshow/134325155.cms Gifting shares to your parents may look like a simple family transfer, but for an NRI, it can have important tax implications later. There
Rising cyber fraud puts customers at risk; banks need to invest more: Bank of Baroda CEO
On bank-level vulnerabilities, too, Chand said there was no doubt that banks had to invest more. “Let’s accept the fact that the cyber threat is
Is Will registration mandatory? No, but two witnesses are required by law
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/is-will-registration-mandatory-no-but-two-witnesses-are-required-by-law/articleshow/134331040.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst According to the Indian Succession Act, a standard, unprivileged Will needs to be attested by at least two witnesses (or more if
Synopsis
The US Federal Reserve increased interest rates, signaling a global effort to control rising inflation. Other central banks will likely follow the Fed’s lead in
MEA amends Passports Rules; child passports issued under 15 years to be valid for five years or till they turn 18
Read more at:https://economictimes.indiatimes.com/nri/latest-updates/mea-amends-passports-rules-child-passports-issued-under-15-years-to-be-valid-for-five-years-or-till-they-turn-18/articleshow/134315151.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/nri/latest-updates/mea-amends-passports-rules-child-passports-issued-under-15-years-to-be-valid-for-five-years-or-till-they-turn-18/articleshow/134315151.cms Synopsis New regulations allow children under the age of fifteen to obtain passports that will be valid for a period of
ITAT Delhi deletes Section 50C addition after accepting registered valuer’s valuation
Read more at: https://taxguru.in/income-tax/itat-delhi-deletes-section-50c-addition-accepting-registered-valuers-valuation.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/income-tax/itat-delhi-deletes-section-50c-addition-accepting-registered-valuers-valuation.html?utm_source=follow.it Preet Networks Private Limited Vs DCIT (ITAT Delhi) AO Cannot Reject Registered Valuer’s Report in Silence: Accept It