Clipped from: https://www.thehindubusinessline.com/opinion/combating-corruption/article69793078.ece Investigators need more power with safeguards Investigating officials need to be empowered to fight corruption | Photo Credit: Andrii Yalanskyi A recent Madras
Category: May Look At Leisurely
Indian economy at crossroads – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/indian-economy-at-crossroads/article69793039.ece Long-term growth is likely to be range-bound at 6.5%. Private investment needs to revive quickly Indian economy: Structural issues | Photo Credit: FRANCIS
India must deepen ties with Asean nations, not abandon its trade agreement
Clipped from: https://www.business-standard.com/opinion/editorial/india-must-deepen-ties-with-asean-nations-not-abandon-its-trade-agreement-125070901462_1.html Some within the government, as well as prominent voices in industry, have complained that the FTA with Asean allows for the dumping of
ITR refund delay: Your AY 2025-26 refund depends on past ITR assessments – experts explain new rule changes – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/itr-refund-delay-your-ay-2025-26-tax-refund-depends-on-past-return-assessments-experts-explain-new-rule-changes-3908258/ ITR Filing AY 2025-26: Over 1.05 crore income tax returns (ITRs) have been filed so far in the ongoing assessment year 2025-26. Of
ITR Filing 2025: Small depositors take a hit under new tax regime — experts call for rethink – Money News | The Financial Express
clipped from: https://www.financialexpress.com/money/itr-filing-2025-small-depositors-take-a-hit-under-new-tax-regime-experts-call-for-rethink-3908064/ Before filing your ITR, know how the removal of 80TTA exemption under the new tax regime could cost you tax even on small
ITAT Mumbai Mandates DVO Reference in Valuation Disputes
Clipped from: https://taxguru.in/income-tax/itat-mumbai-mandates-dvo-reference-valuation-disputes.html Fakhruddin T. Malik Vs ITO (ITAT Mumbai) Addition u/s 56(2)(vii)(b)(ii) – difference between the stamp duty value and the agreement value of two
Section 263 Revision Unjustified as Assessment Not Erroneous or Prejudicial to Revenue
Clipped from: https://taxguru.in/income-tax/revision-u-s-263-justified-assessment-order-erroneous-prejudicial-interest-revenue.html Chandrakant Vallabhbhai Koladia Vs PCIT (ITAT Ahmedabad) ITAT Ahmedabad held that revisionary proceedings under section 263 of the Income Tax Act not invocable
*******FAQs on Assessments under Income-tax Law
Clipped from: https://taxguru.in/income-tax/faqs-assessments-income-tax-law.html Income tax assessments involve verifying the accuracy of a taxpayer’s return, as mandated by the Income-tax Department. This process, known as assessment, can
Limitation for Section 263 Starts from Original Assessment Date if issues under review not pertain to reassessment
Clipped from: https://taxguru.in/income-tax/limitation-section-263-starts-original-assessment-date-issues-review-pertain-reassessment.html Shiv Vegpro Pvt. Ltd. Vs PCIT (ITAT Jaipur) The Income Tax Appellate Tribunal (ITAT) Jaipur has ruled in favor of the assessee, Shiv
ITR filing: Why are ITR-2 and ITR-3 forms still not available on Income Tax e-filing portal? Top reasons explained – Times of India
Clipped from: https://timesofindia.indiatimes.com/business/financial-literacy/taxation/itr-filing-why-are-itr-2-and-itr-3-forms-still-not-available-on-income-tax-e-filing-portal-top-reasons-explained/articleshow/122224111.cms ITR filing FY 2024-25: It’s the month of July and every year this time, taxpayers are usually scrambling to get together documents to
NRIs filing ITR in India should know these four income tax-related changes – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/nris-filing-itr-in-india-should-know-these-four-income-tax-related-changes/articleshow/122313359.cms The Income Tax Department has notified the income tax return (ITR) forms for FY 2024-25 (AY 2025-26). But, although software utilities for ITR-1
Income Tax Dept makes Aadhaar OTP verification mandatory for updating THESE details on e-filing portal – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-dept-makes-aadhaar-otp-verification-mandatory-for-updating-these-details-on-e-filing-portal-3905802/ This move is seen as an attempt to prevent unauthorised changes to one’s profile with the Income Tax Department. This will also ensure
