Cutting LTCG mainly benefits the rich; don’t call it a middle class issue: Tax expert on capital gains tax regime – BusinessToday

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/cutting-ltcg-mainly-benefits-the-rich-dont-call-it-a-middle-class-issue-tax-expert-on-capital-gains-tax-regime-507281-2025-12-18 Official Income Tax Department data for Assessment Year 2023-24 shows that total LTCG reported by taxpayers stood at Rs 8.58 lakh crore, spread

Taxpayer earned Rs 81 crore tax-exempt income; I-T dept disallowed tax exemption on Rs 17 crore; Taxpayer fights and wins case in ITAT Delhi – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/taxpayer-earned-rs-81-crore-tax-exempt-income-tax-dept-disallowed-tax-exemption-on-rs-17-crore-income-taxpayer-fights-and-wins-case-in-itat-delhi/articleshow/126050790.cms Listen to this article in summarized format Section 14A of the Income Tax Act, 1961 prevents taxpayers from claiming any tax deductions for expenses related to

Got foreign asset or income related intimation from Income Tax Dept? Here’s what CAs tell what you should do now – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/got-foreign-asset-or-income-related-intimation-from-income-tax-dept-heres-what-cas-tell-what-you-should-do-now/articleshow/126053456.cms Listen to this article in summarized format The Income Tax Department is reaching out to taxpayers with bulk emails about disclosing foreign assets/income information for

I-T dept clarifies why intimations on property deals, foreign assets and AIS mismatches are being sent – The Economic Times

lipped from: https://economictimes.indiatimes.com/wealth/tax/i-t-dept-clarifies-why-intimations-on-property-deals-foreign-assets-and-ais-mismatches-are-being-sent/articleshow/126059022.cms Listen to this article in summarized format On December 18, 2025, at 5.58 PM, the Income Tax Department announced that they have received some references

1 2 3 4 2,262