Author: Anil R Tikotekar
Jointly owned house: Steps to avoid tax disputes and ownership issues
https://www.business-standard.com/finance/personal-finance/specify-ownership-share-in-sale-deed-retain-proof-of-contribution-126060401165_1.html The Mumbai Income Tax Appellate Tribunal (ITAT) ruled recently that merely including a spouse’s name in property documents does not automatically make that spouse
*****Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT Mumbai
Read more at:https://economictimes.indiatimes.com/wealth/tax/hong-kong-based-son-gets-tax-notice-after-father-buys-insurance-policy-in-his-name-with-cash-he-fights-back-and-wins-case-in-itat-mumbai/articleshow/131505565.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr Agarwal originally from Goregaon East, but now living in Hong Kong for the past 15 years, gave his father Rs
Pension vs family pension: What retirees and taxpayers should know before filing ITR for AY 2026-27
https://www.businesstoday.in/personal-finance/tax/story/pension-vs-family-pension-what-retirees-and-taxpayers-should-know-before-filing-itr-for-ay-2026-27-534563-2026-06-03 As the income tax return (ITR) filing season for Assessment Year 2026-27 gathers pace, retirees and family pensioners should pay close attention to how
Form 16 to be issued this month: Why salaried taxpayers should review it carefully
https://www.businesstoday.in/personal-finance/tax/story/form-16-to-be-issued-this-month-why-salaried-taxpayers-should-review-it-carefully-534866-2026-06-04 As the income tax return (ITR) filing season gathers pace, employers are required to issue Form 16 to salaried employees on or before June
Income Tax Rules for Non-Residents Doing Business in India: 2026 Guide
https://www.taxscan.in/top-stories/income-tax-rules-for-non-residents-doing-business-in-india-2026-guide-1446755 Non-residents doing business in India must understand when Indian income tax applies. The key issues are residence, Indian-source income, business connection, treaty relief and
Health insurance company denies claim over father’s alleged alcohol history; son fights back and wins Rs 6 lakh
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/health-insurance-company-denies-claim-over-fathers-alleged-alcohol-history-son-fights-back-and-wins-rs-6-lakh/articleshow/131477770.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A software engineer, who tragically lost his mother in a violent attack and spent over Rs 10 lakh on treatment for his
RBI monetary policy: The critical need to attract foreign savings
https://www.business-standard.com/opinion/columns/rbi-monetary-policy-the-critical-need-to-attract-foreign-savings-126060200930_1.html The West Asia crisis has shifted the focus to inflation pressures and the negative impact on growth from the fuel price hike. However, there
Spotted an unfamiliar credit card charge? Here’s what you should do
https://www.business-standard.com/finance/personal-finance/spotted-an-unfamiliar-credit-card-charge-here-s-what-you-should-do-126060200668_1.html An unfamiliar charge on your credit card can be unsettling when you have no recollection of making the purchase. It may turn out to
*******Man owns 5 flats in Mumbai, earns zero rent; still gets a Rs 7.5 lakh tax demand — here’s what ITAT says
https://www.financialexpress.com/money/man-owns-5-flats-in-mumbai-earns-zero-rent-still-gets-a-rs-7-5-lakh-tax-demand-heres-what-itat-says-4257096 Many taxpayers assume that if a house remains vacant and earns no rental income during the year, there will be no tax liability arising from it.
Stabilising the rupee would be immensely challenging
https://www.financialexpress.com/opinion/stabilising-the-rupee-would-be-immensely-challenging/4257466 With the rupee under pressure amid geopolitical tensions and slowing foreign capital inflows, policymakers face difficult choices on managing the balance of payments, exchange
Your cashless health insurance may not work when you need it most. Here’s why
https://www.financialexpress.com/money/your-cashless-health-insurance-may-not-work-when-you-need-it-most-heres-why-4257010 A health insurance card often brings a sense of comfort. Many policyholders believe that once they have bought a health insurance policy, hospital bills will automatically be settled