Clipped from: https://www.business-standard.com/health/heart-attack-golden-hour-treatment-symptoms-response-doctors-guide-125071000639_1.html The first hour after a heart attack can mean the difference between survival and lasting damage; doctors explain what to do in the
Category: Seven Star
*******Failure to Send Income Tax Notices to Updated Email Address Denies Fair Hearing: Karnataka HC Quashes Assessment Order [Read Order]
Clipped from: https://www.taxscan.in/top-stories/failure-to-send-income-tax-notices-to-updated-email-address-denies-fair-hearing-karnataka-hc-quashes-assessment-order-1427492 The Court found that the department should have used the updated contact for all further communication The High Court of Karnataka, quashed an income tax
*******Chennai ITAT Applies ‘Surviving Period’ Rule for First Time, quashes Income Tax Reassessment Notice [Read Order]
lipped from: https://www.taxscan.in/top-stories/chennai-itat-applies-surviving-period-rule-for-first-time-quashes-income-tax-reassessment-notice-1427467 The Chennai ITAT held that a reassessment notice under the new regime is invalid if issued beyond the “surviving period” under Section 149,
*******Mr Vivek Omprakash Abrol,Mumbai vs Deputy Commissioner Of Income … on 17 March, 2025
Clipped from: https://indiankanoon.org/doc/65274485/ Income Tax Appellate Tribunal – Mumbai IN THE INCOME TAX APPELLATE TRIBUNAL MUMBAI BENCH “F” MUMBAI BEFORE SHRI OM PRAKASH KANT (ACCOUNTANT MEMBER)
*******ITAT Chennai Quashes Time-Barred Reassessment Citing SC’s Rajeev Bansal Ruling
Clipped from: https://taxguru.in/income-tax/itat-chennai-quashes-time-barred-reassessment-citing-scs-rajeev-bansal-ruling.html Smt. Lakshmi Narasimhan Santhi Vs ACIT (ITAT Chennai) In a significant ruling dated 3rd July 2025, the Chennai Bench of the Income Tax
*******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
*******NRI’s Property Investment Explained with Bank Statements and Agreements: ITAT Quashes Addition Due to Jurisdictional Error
Clipped from: https://www.taxscan.in/top-stories/nris-property-investment-explained-with-bank-statements-and-agreements-itat-quashes-addition-due-to-jurisdictional-error-1426663 The Tribunal quashed an addition of ₹69.99 lakh under Section 69 of the Income Tax Act, 1961, ruling that the notice issued by
*******Income tax ITR forms update 2024 25 new rules Form 10 IEA share buybacks dividend treatment – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-itrs-update-2024-25-new-rules-form-10-iea-share-buybacks-482164-2025-06-27 The Income Tax Department has rolled out significant changes for the financial year 2024-25 (assessment year 2025-26), updating validation rules for income tax
*******ITR AY2025 26: File your taxes right or face 200% penalty and jail, cautions CA – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/file-itr-accurately-or-risk-hefty-fines-interest-jail-time-warns-ca-anupam-sharma-482253-2025-06-27 With tax season underway for Assessment Year 2025-26, experts are warning taxpayers to avoid errors in their income tax returns that could trigger
*******Pay additional taxes now on FY25 income to save on interest outgo – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/pay-additional-taxes-now-on-fy25-income-to-save-on-interest-outgo-3895468/ While the Income Tax Return (ITR) filing deadline for AY 2025-26 has been extended to September 15, 2025, taxpayers are urged to pay
*******Income tax ITR forms update 2024 25 new rules Form 10 IEA share buybacks dividend treatment – BusinessToday
lipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-itrs-update-2024-25-new-rules-form-10-iea-share-buybacks-482164-2025-06-27 The Income Tax Department has rolled out significant changes for the financial year 2024-25 (assessment year 2025-26), updating validation rules for income tax
*******New ITR Scrutiny Rules for FY 2025-26: These ITR Filers Will Face Mandatory Investigation – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/new-income-tax-rules-2025-tax-authorities-will-investigate-your-itr-if-tds-claim-is-3894448/ The Income Tax Return (ITR) filing for the financial year 2024-25 (Assessment Year 2025-26) has picked up pace with more than 60 lakh
*******What is Form 26AS, AIS and TIS in income tax? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/what-is-form-26as-ais-and-tis-in-income-tax/articleshow/122094661.cms Form 26AS, AIS and TIS are a few key documents which taxpayers must view before filing their income tax returns.. The Annual Information Statement (AIS), the Taxpayer Information Summary (TIS),
*******Received salary from two employers in FY 2024-25? Here’s how to file your ITR correctly – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/received-salary-from-two-employers-in-fy-2024-25-heres-how-to-file-your-itr-correctly-3892254/ Here’s a simple step-by-step guide to help you file your ITR correctly, reduce errors, and stay compliant while maximising your eligible tax benefits.
*******Can you legally claim both HRA and home loan interest deductions in ITR? Here’s what income tax rules say – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/can-you-legally-claim-both-hra-and-home-loan-interest-deductions-in-itr-heres-what-income-tax-rules-say-3892319/ ITR Filing AY 2025-26: One common question most taxpayers grapple with every year when they file their income tax return (ITR) is if
*******New ITR rules: Penalty up to 200% on claiming false deductions – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-new-itr-rules-penalty-up-to-200-percent-on-claiming-false-deductions-3890837/ Even small errors in filing ITR can lead to a big trouble. Here are some common mistakes that you should avoid. Even if
*******Documents for ITR filing FY 2024-25 (AY 2025-26): Eight documents you need to file income tax return – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/documents-for-itr-filing-fy-2024-25-ay-2025-26-eight-documents-you-need-to-file-income-tax-return/articleshow/122040555.cms The last date to file income tax return for FY 2024-25 (AY 2025-26) has been extended from July 31, 2025, to September 15, 2025, by
*******Income Tax Rectification: Time Limits and Grounds for Seeking Rectification u/s 154
Clipped from: https://www.taxscan.in/top-stories/taxscan-360-income-tax-rectification-time-limits-and-grounds-for-seeking-rectification-us-154-1425778 The Supreme Court has clarified that mistakes requiring long-drawn arguments or where two opinions are possible do not fall within the ambit of
*******ITR-3 Filing Guide: Who Should File and Key Deadlines for FY 2025-26
Clipped from: https://www.deccanherald.com/business/everything-you-need-to-know-about-filing-itr-form-3-3532878 The Income Tax department has notified ITR form 3 to be filed by individuals and Hindu Undivided Family (HUF) having income from business
