*******New ITR rules to penalties: 15 big income tax changes ahead of new tax law rollout – Budget 2026 FAQs – Money News | The Financial Express

Clipped from: https://www.financialexpress.com/money/15-big-income-tax-rule-changes-ahead-of-new-tax-law-rollout-on-april-1-budget-2026-faqs-4129781/ Post-Budget FAQs issued by the Income Tax Department reveal some important but lesser-noticed tax changes announced in Budget 2026. These clarifications, part of

*******Can I gift large sum to my senior citizen parent and open a joint bank account with them to earn interest without tax? – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/tax/can-i-gift-large-sum-to-my-senior-citizen-parent-and-open-a-joint-bank-account-with-them-to-earn-interest-without-tax/articleshow/127877663.cms I want to gift a large sum to my senior citizen parents so that they can invest in long-term, high-yield FDs. Since they

*******SC dismisses property inheritance case as key witness disowns will, orders natural Hindu succession to apply after mother’s death – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/sc-dismisses-property-inheritance-case-as-key-witness-disowns-will-orders-natural-hindu-succession-to-apply-after-mothers-death/articleshow/126214917.cms On December 4, 2025, the Supreme Court of India dismissed a property inheritance case because the only witness admitted during cross-examination that he

Brothers can’t rewrite father’s will after mother’s death, rules HC, preserves daughters’ share in ancestral property – The Economic Times

lipped from: https://economictimes.indiatimes.com/wealth/real-estate/brothers-cant-rewrite-fathers-will-after-mothers-death-rules-hc-preserves-daughters-share-in-ancestral-property/articleshow/126679857.cms Listen to this article in summarized format On January 8, 2026, the Andhra Pradesh High Court stopped two brothers from trying to change

*******Income Tax searches can scan emails, social media and devices: ICAI warns of privacy risk, nudges govt for urgent fix – Money News | The Financial Express

Clipped from: https://www.financialexpress.com/money/income-tax-searches-can-scan-emails-social-media-and-devices-icai-warns-of-privacy-risk-nudges-govt-for-urgent-fix-4122787/ As the Union Budget 2026–27 draws closer, India’s top accounting body has raised a red flag that could unsettle many taxpayers. The Institute of Chartered

*******Tenants sold property bought from landlord’s wife on the basis of a Will, son raised disputes against Will; Delhi HC stays property sale till final trial – The Economic Times

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/tenants-sold-property-bought-from-landlords-wife-on-the-basis-of-a-will-son-raised-disputes-against-will-delhi-hc-stays-property-sale-till-final-trial/articleshow/127628371.cms On January 21, 2026, in an interim judgement, the Delhi High Court prima facie observed that it appears suspicious that an unregistered will with only one attesting

*******Email Change Ignored by Department: Calcutta HC Sets Aside S.148A Reassessment Notice [Read Order]

Clipped from: https://www.taxscan.in/top-stories/email-change-ignored-by-department-calcutta-hc-sets-aside-s148a-reassessment-notice-1442253?TRN300=cEKGZnCUsAUqKvvkWAEMsBGGASzuwDMkevbWaEMhZYAMvDFcyMSKjyDnKMcAXK&LKD333=3372397 The Court observed that failure to serve notice on the assessee’s updated email ID violated principles of natural justice The Calcutta High Court

*******Taxpayer cannot be Penalised for Mistake of Previous Tax Consultant: ITAT Grants Relief [Read Order}

Clipped from: https://www.taxscan.in/top-stories/taxpayer-cannot-be-penalised-for-mistake-of-previous-tax-consultant-itat-grants-relief-1442114?TRN300=cEKGZnCUsAUqKvvkWAEMsBGGASzuwDMkevbWaEMhZYAMvDFcyMSKjyDnKMcAXK&LKD333=3372386 When substantial justice and technical considerations are pitted against each other, the cause of substantial justice deserves to be preferred for the other

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