*****Not prepared for ITR filing: Should you file your ITR now with available information or wait and file a belated ITR?

Read more at:https://economictimes.indiatimes.com/wealth/tax/not-prepared-for-itr-filing-should-you-file-your-itr-now-with-available-information-or-wait-and-file-a-belated-itr/articleshow/132757221.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst July 31, 2026 is the due date to file income tax return (ITR) by salaried individuals, pensioners, students and other taxpayers who are not

Risk that the consumers run while making payment through UPI applications such as G-Pay, PayTm or PAyU–[1] Details such as names and sometimes mobile numbers can become visible to merchants [2] Of course, in most cases this is intended to facilitate transactions [3] However, in some cases, however, it also facilitiates unsolicited calls– [4] DPDP Act, 2023 attempts to address precisely such situations — it says personal data belongs to the Individual and not to merchants or to payment intermediaries–Courtesy article by Mr M Muneer –Courtesy BL

*****Capital gain attributed to the co-owner who paid for house – Money News | The Financial Express

https://www.financialexpress.com/money/your-income-tax-queries-capital-gain-attributed-to-the-co-owner-who-paid-for-house-4117487/ Clipped from: https://www.financialexpress.com/money/your-income-tax-queries-capital-gain-attributed-to-the-co-owner-who-paid-for-house-4117487/ Understand the tax implications of selling joint property when ownership shares aren’t defined, and explore the concessional 10% tax rate for patent

*****Employer deducted TDS but didn’t deposit it: ITAT Kolkata saves employee from Rs 14 lakh tax demand – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/employer-deducted-tds-but-didnt-deposit-it-itat-kolkata-saves-employee-from-rs-14-lakh-tax-demand/articleshow/125883350.cms On November 24, 2025, the Income Tax Appellate Tribunal (ITAT) in Kolkata provided relief to an employee who received a tax demand notice because his employer deducted

*****Man sells Delhi property, shifts to Australia; tax dept adds Rs 40 lakh as unexplained cash credit, but he wins in ITAT Delhi – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/man-sells-delhi-property-shifts-to-australia-tax-dept-adds-rs-40-lakh-as-unexplained-cash-credit-but-he-wins-in-itat-delhi/articleshow/125710590.cms Income Tax Appellate Tribunal (ITAT), Delhi, ruled that taxpayers can claim Section 54 capital gains tax exemption on the sale of an Indian residential property

*****Capital Gains Must Reflect Only Real Consideration Received: ITAT quashes S.263 Revision [Read Order]

Clipped from: https://www.taxscan.in/top-stories/capital-gains-must-reflect-only-real-consideration-received-itat-quashes-s263-revision-1437578?TRN300=cVBgJPCDSauMbeDAxEDMcKWwasZUGDMbEuaxEuPXgjgMEuFsiMcBjYDnkMcAsh&LKD333=3324504 Section 48 mandates computation of capital gains only on the “full value of consideration received or accruing to the assessee The principle that

1 2 3 4 78