lipped from: https://maharashtratimes.com/business/business-news/what-is-form-188-income-tax-department-approval-for-gratuity-superannuation-fund/articleshow/130348029.cms Personal Finance: आयकर विभागाच्या नवीन नियमांनुसार, लागू केलेला फॉर्म 188 कोणत्याही कंपनीने न भरल्यास कंपनीने कर्मचाऱ्यांच्या निवृत्ती रक्कमेसाठी जमा केलेल्या फंडवर कर आकारला
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Govt debunks viral claim of mandatory tax clearance for all travellers leaving country – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/govt-debunks-viral-claim-of-mandatory-tax-clearance-for-all-travellers-leaving-country-4211774/ Government debunks viral claim that all Indians need an Income-tax Clearance Certificate to travel abroad, clarifying that ITCC applies only in rare cases
ITAT Bangalore Remands ₹49L Sec 68 Addition & ₹3.74L TDS Disallowance for Fresh Verification
Clipped from: https://taxguru.in/income-tax/unverified-sundry-creditors-40-a-ia-issues-remanded-bang-itat-slams-non-speaking-order.html Shanker Mahadevan Iyer Vs ITO (ITAT Bangalore) The Bangalore ITAT set aside additions relating to sundry creditors (₹49.43 lakh) and TDS disallowance u/s 40(a)(ia) (₹3.74 lakh),
ITAT Deletes ₹12.69 Cr Addition, Upholds Loan Repayment Not Taxable as Unexplained Credit [Read Order]
lipped from: https://www.taxscan.in/top-stories/itat-deletes-1269-cr-addition-upholds-loan-repayment-not-taxable-as-unexplained-credit-1444996 ITAT held that loan repayments cannot be treated as unexplained cash credits under Section 68. The Income Tax Appellate Tribunal (ITAT) Mumbai Bench
Repayment of Short-Term Deposit Cannot be Treated as Unexplained Cash Credit: ITAT Deletes ₹26 Cr Addition [Read Order]
Clipped from: https://www.taxscan.in/top-stories/repayment-of-short-term-deposit-cannot-be-treated-as-unexplained-cash-credit-itat-deletes-26-cr-addition-1445084 ITAT held that repayment of short-term deposits through banking channels cannot be treated as unexplained cash credit under Section 68. The Income Tax
Nominee vs legal heir: Why your PF, gratuity may not go where you think
Clipped from: https://www.business-standard.com/finance/personal-finance/nominee-vs-legal-heir-why-your-pf-gratuity-may-not-go-where-you-think-126041701064_1.html Nomination enables payout, but ownership follows the will or succession law, says expert A nominee in provident fund (PF) or gratuity does not
*Misreported income? This can cost you 200% tax penalty — What you should know – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/misreported-income-this-can-cost-you-200-tax-penalty-what-you-should-know-526204-2026-04-17 Misreporting your income in ITR can lead to steep penalties of up to 200% of the tax due under Section 270A. Even small
Gold loan boom sees early stress; delinquencies rise with borrower leverage
Clipped from: https://www.business-standard.com/finance/personal-finance/gold-loan-boom-sees-stress-as-delinquencies-rise-with-borrower-leverage-126041500456_1.html Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for
*Income tax rules 2026: Who is taxed on gifts, property and asset transfers? – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-rules-2026-who-is-taxed-on-gifts-property-and-asset-transfers-526169-2026-04-17 In India, asset transfers, whether through sale, exchange, or gift, are typically treated as capital gains and taxed in the year the transfer
*Man sells shares, invests Rs 40 crore capital gains to buy 6 luxury flats; tax exemption on gains denied – ITAT still gives relief – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/man-sells-shares-invests-rs-40-crore-capital-gains-to-buy-6-luxury-flats-tax-exemption-on-gains-denied-itat-still-gives-relief-4209951/ Mumbai ITAT has ruled that six flats spread across three floors can be treated as one residential house for tax exemption under Section
*Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here’s why ITAT Chennai cancelled it – The Economic Times
lipped from: https://economictimes.indiatimes.com/wealth/tax/employee-fined-rs-10-lakh-over-lack-of-esop-disclosure-in-itr-heres-why-itat-chennai-cancelled-it/articleshow/130320585.cms When Mr Kumar was working abroad with Vedanta Limited, he received employee stock options (ESOPs) from the foreign parent company, Vedanta Resources PLC (UK). These shares
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