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Parking dispute turns costly: Homebuyer loses court case after neighbour occupies his parking space with second car, here’s why
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/parking-dispute-turns-costly-homebuyer-loses-court-case-after-neighbour-occupies-his-parking-space-with-second-car-heres-why/articleshow/132783858.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr and Mrs Dholakia bought an apartment in a housing society in Santacruz (West), Mumbai, India from its original owner Mr
8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to know
Read more at:https://economictimes.indiatimes.com/wealth/tax/8-changes-in-income-tax-audit-forms-for-ay-2026-2027-what-taxpayers-need-to-know/articleshow/134333142.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Income Tax Audit deadline for AY 2026-2027 is September 30, 2026. Income Tax audit is mandatory for certain taxpayers because it
Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlines
Read more at:https://economictimes.indiatimes.com/wealth/tax/income-tax-rules-2026-amended-cbdt-revises-form-169-form-171-extends-these-deadlines/articleshow/134352061.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Central Board of Direct Taxes (CBDT) has notified the Income-tax (Fourth Amendment) Rules, 2026, making several changes to the Income-tax Rules,
‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say
Read more at:https://economictimes.indiatimes.com/news/economy/indicators/us-federal-reserve-fed-rate-hike-india-impact-rbi-repo-rate-october-december-policy-rupee-breaches-96-dollar-inflation-economists/articleshow/134303331.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/news/economy/indicators/us-federal-reserve-fed-rate-hike-india-impact-rbi-repo-rate-october-december-policy-rupee-breaches-96-dollar-inflation-economists/articleshow/134303331.cms Inflation is too high…’: Fed hikes interest rates by 25 bps as Warsh resists Trump’s cut demand The US Federal Reserve’s
Synopsis
The US Federal Reserve increased interest rates, signaling a global effort to control rising inflation. Other central banks will likely follow the Fed’s lead in
MEA amends Passports Rules; child passports issued under 15 years to be valid for five years or till they turn 18
Read more at:https://economictimes.indiatimes.com/nri/latest-updates/mea-amends-passports-rules-child-passports-issued-under-15-years-to-be-valid-for-five-years-or-till-they-turn-18/articleshow/134315151.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst https://economictimes.indiatimes.com/nri/latest-updates/mea-amends-passports-rules-child-passports-issued-under-15-years-to-be-valid-for-five-years-or-till-they-turn-18/articleshow/134315151.cms Synopsis New regulations allow children under the age of fifteen to obtain passports that will be valid for a period of
ITAT Delhi deletes Section 50C addition after accepting registered valuer’s valuation
Read more at: https://taxguru.in/income-tax/itat-delhi-deletes-section-50c-addition-accepting-registered-valuers-valuation.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/income-tax/itat-delhi-deletes-section-50c-addition-accepting-registered-valuers-valuation.html?utm_source=follow.it Preet Networks Private Limited Vs DCIT (ITAT Delhi) AO Cannot Reject Registered Valuer’s Report in Silence: Accept It
ITAT Nagpur Quashes Reassessment for Less Than 7 Days Notice u/s 148A(b)
Read more at: https://taxguru.in/income-tax/days-cannot-stretched-short-notice-148a-reassessment-void-ab-initio.html?utm_source=follow.it Copyright © Taxguru.in https://taxguru.in/income-tax/days-cannot-stretched-short-notice-148a-reassessment-void-ab-initio.html?utm_source=follow.it Shaikh Saidque Haji Shaikh Taher Vs ITO (ITAT Nagpur) The Nagpur Bench of the ITAT has held that
One Residential House May Comprise Multiple Units; ITAT Bangalore Allows Section 54 Exemption
Read more at: https://taxguru.in/income-tax/residential-house-comprise-multiple-units-itat-bangalore-section-54-exemption.html?utm_source=follow.it Copyright © Taxguru.in One Residential House Can Comprise Several Independent Units: ITAT Bangalore Allows Full Section 54 Exemption Summary: The Bangalore Bench
Dissenting housing society members challenge redevelopment plan citing 10% less area, but lose the case in Maharashtra co-operate appellate court for this reason
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/dissenting-housing-society-members-challenge-redevelopment-plan-citing-10-less-area-but-lose-the-case-in-maharashtra-co-operate-appellate-court-for-this-reason/articleshow/134309960.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Mrs Viswanath and Mr Kalpathi, both residents of a housing society in Chembur, Mumbai, had raised concerns about their society’s redevelopment plan,