Author: Anil R Tikotekar
*******Income Tax Returns AY2025-26: Key Documents Required to File ITR – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-returns-ay2025-26-key-documents-required-to-file-itr-3813320/ It is not necessary to attach any documents while filing your returns. However the details given in various documents will have to be
*******Filing ITR soon? Can you still pick a different tax regime? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/filing-itr-soon-can-you-still-pick-a-different-tax-regime-3813616/ Section 115BAC of the Income Tax Act lays down the tax slabs and rules applicable under the new tax regime. As Form 16
*******ITR Filing FY 2024-25: Old vs New Tax Regime – Which one saves you more? – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-fy-2024-25-old-vs-new-tax-regime-which-one-saves-you-more-3815050/ Under the new tax regime, individuals with annual income up to Rs 7 lakh can avail a rebate under Section 87A, meaning they
‘I could be…’: Wave of visa revocations leaves foreign students in the US living in fear – World News | The Financial Express
Clipped from: https://www.financialexpress.com/world-news/i-could-be-wave-of-visa-revocations-leaves-foreign-students-in-the-us-living-in-fear/3815351/ Many of these students have reported being approached by plainclothes agents without warning and taken to detention centres, as seen in widely circulated
*******Assessment was declared as invalid due to service of notice on wrong address–TaxGuru
https://taxguru.in/income-tax/assessment-declared-invalid-due-service-notice-wrong-address.html clipped from: https://taxguru.in/income-tax/assessment-declared-invalid-due-service-notice-wrong-address.html Dhanottam Vasant Lonkar Vs ITO (ITAT Pune) Conclusion: Notice u/s.143(2) was issued at a wrong/non-existing address and this mistake having been accepted by
*******A Brahmin banker and a Muslim academic – Opinion News | The Financial Express
https://www.financialexpress.com/opinion/a-brahmin-banker-and-a-muslim-academic/3814396/?ref=hometop_hp Clipped from: https://www.financialexpress.com/opinion/a-brahmin-banker-and-a-muslim-academic/3814396/?ref=hometop_hp CD Deshmukh, the third governor of the RBI, took the additional responsibilities of other countries very seriously, and went out of his
*******Reassessment u/s. 148A(b) initiated within prescribed time limit u/s. 149(1) is valid
lipped from: https://taxguru.in/income-tax/reassessment-u-s-148a-b-initiated-prescribed-time-limit-u-s-149-1-valid.html Chandra Shekhar Vs PCIT (Patna High Court) Patna High Court held that reassessment proceedings under section 148A(b) of the Income Tax Act is