Clipped from: https://economictimes.indiatimes.com/wealth/tax/now-view-if-and-when-an-i-t-official-saw-or-reviewed-your-tax-notice-submissions-this-is-how-it-will-benefit-taxpayers/articleshow/124576092.cms The new feature also identifies delays and uses analytics to evaluate performance and improves efficiency in faceless assessments and appeals, says Bimal Jain,
Author: Anil R Tikotekar
Your Browser Is Leaking Information About You. Here’s How to Stop It
You’ve probably heard the phrase “if you’re not paying for it, you’re the product.” With free web services, that’s especially true. Advertisers and data brokers collect data
*******Case of Afterthought Evidence in Income Tax Litigation and its Contemporary Relevance
lipped from: https://www.taxscan.in/top-stories/case-of-afterthought-evidence-in-income-tax-litigation-and-its-contemporary-relevance-1434684?transaction_id=cVbwJRcusAuRbuxAJwVMCbwgACzUgUMKuHAjWEnXwZGMEufciMSbzIUPKMCACX&link_id=3059338 Afterthought evidence refers to documents, affidavits, or pleas introduced late in the proceedings. In a recent development, the High Court of Kerala gave
Case of Afterthought Evidence in Income Tax Litigation and its Contemporary Relevance
Clipped from: https://www.taxscan.in/top-stories/case-of-afterthought-evidence-in-income-tax-litigation-and-its-contemporary-relevance-1434684?transaction_id=cVbwJRcusAuRbuxAJwVMCbwgACzUgUMKuHAjWEnXwZGMEufciMSbzIUPKMCACX&link_id=3059338 Afterthought evidence refers to documents, affidavits, or pleas introduced late in the proceedings. In a recent development, the High Court of Kerala gave
*****ITAT Allows Gifts from Sisters, Rules Tax Dept Can’t Reject Them Merely for ‘Lack of Scrutiny’ on Donors [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itat-allows-gifts-from-sisters-rules-tax-dept-cant-reject-them-merely-for-lack-of-scrutiny-on-donors-1434589?transaction_id=cVbwJRcusAuRbuxAJwVMCbwgACzUgUMKuHAjWEnXwZGMEufciMSbzIUPKMCACX&link_id=3059331 The tribunal held that the assessee had satisfactorily discharged his initial burden by providing documents that established three crucial aspects: the identity of
*NITI Aayog proposes sharp cut in tax offences — only 6 to remain under criminal provisions – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/niti-aayog-proposes-sharp-cut-in-tax-offences-only-6-to-remain-under-criminal-provisions-497794-2025-10-10 NITI Aayog has proposed a major overhaul of India’s tax enforcement framework, calling for the decriminalisation of most offences under the Income Tax
Cash retains 50% share in India despite booming digital payments and UPI growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/cash-still-king-in-india-accounts-for-50-of-payments-even-as-digital-transactions-soar/article70161485.ece Digital payments dominate retail transactions at 99.8%, driven by policy support, fintech growth, and rising internet and smartphone penetration Despite the rapid surge
*Diwali gifts and shopping: What you can claim and what is taxable | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/diwali-gifts-and-shopping-what-you-can-claim-and-what-is-taxable-125101300741_1.html Diwali Gifts Taxable: Here’s a guide on which Diwali gifts and shopping expenses qualify for deductions and which don’t Is Diwali Gift Taxable?
*Income tax disputes stuck in endless loop: Faceless CIT (A)s are issuing repeated notices but no final judgement, preventing taxpayers from taking further action – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/income-tax-disputes-stuck-in-endless-loop-faceless-cit-as-are-issuing-repeated-notices-but-no-final-judgement-preventing-taxpayers-from-taking-further-action/articleshow/124544337.cms Endless Notices, No Orders: Taxpayers Trapped in Faceless Appeal Limbo The launch of the Faceless Appeal Scheme by Prime Minister, Shri Narendra Modi, in September