Clipped from: https://tax2win.in/guide/intraday-gain-loss-in-itr How are gains and Losses from intraday trading taxed? Updated on: 30 Jun, 2025 04:11 PM Understanding the income tax implications of intraday
Author: Anil R Tikotekar
*******Taxation for Traders – Varsity by Zerodha Varsity by Zerodha
Clipped from: https://zerodha.com/varsity/chapter/taxation-for-traders/ 5.1 – Quick Recap Reiterating from the previous chapter – You can classify yourself as an Investor if you hold equity investments for
*******Who should file Schedule AL in ITR–50 lacs is old stipulation-now it is 100 lacs– example given is as of March 2024
Clipped from: https://cleartax.in/s/schedule-al-itr-applicability The government has been introducing various changes to the income tax return (ITR) amendments for reporting assets and liabilities by taxpayers. Generally, a
*******Time Limits for Income Tax Action: What Taxpayers Must Know
Clipped from: https://www.taxscan.in/top-stories/time-limits-for-income-tax-action-what-taxpayers-must-know-1431351 The Income Tax Department cannot keep past returns open for scrutiny indefinitely. The law prescribes strict timelines within which tax officers can initiate
*****Addition of Rs. 6.75 Lakh Gifts from Sister and Father-in-Law by AO: ITAT Deletes Addition, Accepts Proof of Receipt [Read Order]
Clipped from: https://www.taxscan.in/top-stories/addition-of-lakh-gifts-from-sister-and-father-in-law-by-ao-itat-deletes-addition-accepts-proof-of-receipt-1431323 The assessee had received Rs. 3.75 lakh from his sister from the sale of agricultural land, collected as her power of attorney, and
*******Taxpayers flag AIS errors on social media as ITR deadline nears; I T dept responds – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/taxpayers-flag-ais-errors-on-social-media-as-itr-deadline-nears-i-t-dept-responds-491441-2025-08-28 With the ITR filing deadline 2025 fast approaching, taxpayers are flagging errors in their Annual Information Statement (AIS) on social media, raising concerns
*ITR Filing 2025: 18 more days left, keep THESE key documents ready to avoid penalties – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-filing-2025-18-more-days-left-keep-these-key-documents-ready-to-avoid-penalties-3960119/ With the government extending the ITR filing deadline for FY 2024-25 (AY 2025-26) to September 15, 2025 for those not required to get