Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/inherited-property-gold-or-shares-heres-when-youll-actually-pay-tax-in-india/slideshow/125605972.cms 1/9 No, India has no death tax Inheritance in India is completely tax-free since there is no inheritance tax, estate duty, or death
Author: Anil R Tikotekar
Can seniors evict their children even after years of delay? HC says yes https://mybs.in/2erj0Di Download the BS App https://mybs.in/apps for more insights.
*******How to check income tax refund status via PAN card? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/how-to-check-income-tax-refund-status-via-pan-card/articleshow/125539158.cms Listen to this article in summarized format For many taxpayers, Income Tax Return (ITR) refunds are taking longer than usual this year due
*******I am an NRI, is investing in MFs through NRO and NRE accounts the most tax-efficient way? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/i-am-an-nri-is-investing-in-mfs-through-nro-and-nre-accounts-the-most-tax-efficient-way/articleshow/125583899.cms Listen to this article in summarized format These are a set of queries raised by ET Wealth readers, which have been answered by
WhatsApp Chat Between Buyer’s Son and Accountant Has No Evidentiary Value Without 65B Certificate: ITAT deletes S.69A Addition [Read Order]
Clipped from: https://www.taxscan.in/top-stories/whatsapp-chat-between-buyers-son-and-accountant-has-no-evidentiary-value-without-b-certificate-itat-deletes-s-a-addition-1438176?TRN300=sVBwZRCDcAuMBvAEbUZMcbgWACJDgdMKeAEbdJRHwJHMeDfSYMcbjYUqkMsAsX&LKD333=3208523 The Tribunal affirmed that no corroborative evidence of unaccounted cash was found and upheld the deletion of the ₹ 3.16 crore addition. The
Unexplained Income Addition Deleted for Properly Documented Gifts from Relatives
Clipped from: https://taxguru.in/income-tax/unexplained-income-addition-deleted-properly-documented-gifts-relatives.html Rajneesh Narula Vs DCIT (ITAT Chandigarh) In the case of Rajneesh Narula Vs DCIT (ITAT Chandigarh) for the assessment year 2017-18, the assessee appealed
*******Service Tax Cannot Be Demanded Only for Mismatch in Income Tax-Service Tax Return
Clipped from: https://taxguru.in/service-tax/service-tax-demanded-mismatch-income-tax-service-tax-return.html Kirodiwal Associates Vs Commissioner (CESTAT Delhi) The appeal challenges Order-in-Appeal No. 172/2023-24 dated 05.10.2023, which upheld a service tax demand against the appellant.
ITAT Delhi quashes reassessment Due to Unsigned Section 151 Approval
Clipped from: https://taxguru.in/income-tax/itat-delhi-quashes-reassessment-due-unsigned-section-151-approval.html Space Kraft Infrastructure Private Limited Vs ITO (ITAT Delhi) The assessee appealed against the order dated 30.08.2025 of the Commissioner of Income Tax
SBI confident of 3% NIM even if RBI cuts rate next week: Chairman Setty https://mybs.in/2erj072 Download the BS App https://mybs.in/apps for more insights.
H-1B scam: Chennai okayed 220,000 visas against 85k US cap, says economist https://mybs.in/2erj09H Download the BS App https://mybs.in/apps for more insights.
Another Deloitte report accused of AI-made citations, this time in Canada https://mybs.in/2erj09d Download the BS App https://mybs.in/apps for more insights.
*******Supreme Court upholds 100% Income Tax Addition on Bogus Purchases u/s 69C, Dismisses SLP [Read Order]
Clipped from: https://www.taxscan.in/top-stories/supreme-court-upholds-income-tax-addition-on-bogus-purchases-u-s-c-dismisses-slp-1438272?TRN300=svkWzPcuSAuMkeAfFGxMSBgwasjdwuMBEaffwXnHWjHMVUfCyMCKZiDnbMsacH&LKD333=3210092 The High Court held that the assessee failed to prove the genuineness and source of expenditure. The Supreme Court has upheld the Bombay
Investor Grievance Redressal Roadmap: How to Resolve Share-Related Issues
Clipped from: https://taxguru.in/sebi/investor-grievance-redressal-roadmap-resolve-share-related-issues.html INVESTOR GRIEVANCE REDRESSAL GUIDE(Your step-by-step path to resolving shares-related concerns) Dealing with unexpected hurdles in your share investments—from a missing dividend credit to
How GST Transformed Small Businesses in India: Benefits, Challenges & Reality
Clipped from: https://taxguru.in/goods-and-service-tax/gst-transformed-small-businesses-india-benefits-challenges-reality.html Think of the small businesses that dot India’s landscape-the corner kirana store, the tailor down the road, the family restaurant. They form the
How Government Knows Your Income Even Before You File Your ITR?
lipped from: https://taxguru.in/income-tax/government-income-file-itr.html Summary: Arjun discovered the reality of the modern tax system when he accessed his AIS, realizing that the government already had a detailed record