***Income Tax Notices Unanswered as Authorised Representative Hospitalised for Surgery: Madras HC grants Opportunity to File Reply

Clipped from: https://www.taxscan.in/income-tax-notices-unanswered-as-authorised-representative-hospitalised-for-surgery-madras-hc-grants-opportunity-to-file-reply/519032/ The Madras High Court has granted relief to a taxpayer whose authorised representative was hospitalised and unable to respond to income tax notices. The writ

*******section 54 exemption: Selling two homes? New tax ruling says you can still save on capital gains | Personal Finance – Business Standard

Clipped from: https://www.business-standard.com/finance/personal-finance/selling-two-homes-new-tax-ruling-says-you-can-still-save-on-capital-gains-125051900886_1.html A recent ITAT ruling offers tax relief for those selling two homes and reinvesting in one, easing capital gain worries, especially for joint

ITR-U form notified to allow taxpayers correct errors in previously filed return; check key changes, penalty and more – Money News | The Financial Express

Clipped from: https://www.financialexpress.com/money/itr-u-form-notified-to-allow-taxpayers-correct-errors-in-previously-filed-return-check-key-changes-penalty-and-more-3851427/ The Central Board of Direct Taxes (CBDT) has notified a new ITR-U (updated income tax return) form to facilitate taxpayers in rectifying errors

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