Clipped from: https://taxguru.in/income-tax/reassessment-notice-deceased-person-invalid-law-requires-notice-legal-heirs.html Ashok Kumar Pinjani Vs ITO (Chhattisgarh High Court) The case was decided by the Chhattisgarh High Court in an appeal filed under Section
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Reassessment Notice to Deceased Person Invalid Because Law Requires Notice to Legal Heirs
Clipped from: https://taxguru.in/income-tax/reassessment-notice-deceased-person-invalid-law-requires-notice-legal-heirs.html Ashok Kumar Pinjani Vs ITO (Chhattisgarh High Court) The case was decided by the Chhattisgarh High Court in an appeal filed under Section
RBI data suggest end of repo rate cut transmission into lending rates – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-data-suggest-end-of-repo-rate-cut-transmission-into-lending-rates/article70708172.ece Weighted average lending rate on fresh rupee loans of banks) rose 39 bps to 8.67 per cent in January 2026 from 8.28 per
Google’s Play Store concessions fail to impress Indian entrepreneurs fighting antitrust case – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/info-tech/googles-play-store-concessions-fail-to-impress-indian-entrepreneurs-fighting-antitrust-case/article70707937.ece The initial complainants in Google’s anti-trust case criticise Google’s Play Store concessions, claiming they fail to address ongoing antitrust concerns and maintain unfair
IRDAI’s new insurer rules from April 1: What it means for policyholders | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/irdai-s-new-insurer-rules-from-april-1-what-it-means-for-policyholders-126030500598_1.html Move to Ind AS 117 framework will modernise how insurers report long-term profits and liabilities without altering existing policy terms, premiums or coverage
Home insurance: Burden of proving exclusion in a claim lies on insurer | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/home-insurance-burden-proving-exclusion-claim-lies-on-insurer-126030501218_1.html If an insurer wants to deny a claim based on an exclusion, it must provide clear evidence that the incident falls under that
NRI buys property in India, Tax Dept adds Rs 56.15 lakh as unexplained income — ITAT gives relief after checking fund trail – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/nri-buys-property-in-india-tax-dept-flags-rs-56-15-lakh-as-unexplained-investment-what-itat-finds-next-4163502/ An NRI faced a tax addition of ₹56.15 lakh after buying property in India when the tax department questioned the source of funds.
Expat in UAE with assets but no Will? The 2026 amendment changes how your assets will be transferred to your legal heirs – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/expat-in-uae-with-assets-but-no-will-the-2026-amendment-changes-how-your-assets-will-be-transferred-to-your-legal-heirs/articleshow/129072355.cms ET OnlineEqual inheritance: UAE Law for residents by default grants half estate to spouse and equal share to children in absence of a
Updated return vs black money law: Drafting gap may trigger 30% tax and 300% penalty under Finance Bill 2026 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/updated-return-vs-black-money-law-drafting-gap-may-trigger-30-tax-and-300-penalty-under-finance-bill-2026/articleshow/129071501.cms ET OnlineAI generated representative image The Finance Bill, 2026 proposes several reforms aimed at encouraging voluntary compliance—including expanding the scope of updated returns
RBI deducted TDS on full interest on GOI Savings Bonds. How do I avoid double taxation? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/rbi-deducted-tds-on-full-interest-on-goi-savings-bonds-how-do-i-avoid-double-taxation/articleshow/129072723.cms Getty ImagesOur panel of experts will answer questions related to any aspect of personal finance. These are a set of queries raised by
PAN misused for fraudulent loan? How to detect & restore credit score | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/pan-misused-for-fraudulent-loan-how-to-detect-restore-credit-score-126030400494_1.html Hidden loans can quietly hurt your credit score; here’s how to catch and fix them promptly A loan fraudulently taken on your permanent
Insurer denies accident claim for No FIR and suspected drunken driving; consumer commission orders Rs 5.58 lakh payout: Key lessons for policyholders – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/insurer-denies-accident-claim-for-no-fir-and-suspected-drunken-driving-consumer-commission-orders-rs-5-58-lakh-payout-key-lessons-for-policyholders/articleshow/128971682.cms ET OnlineDriver lost control and crashed the car; service center tells Rs 7 lakh repair cost; Insurer denies claim alleging no FIR and
₹60 Lakh vs ₹1.20 crore: How Budget 2026’s foreign asset disclosure scheme cuts black money act risk for NRIs and residents with overseas assets – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/60-lakh-vs-1-20-crore-how-budget-2026s-foreign-asset-disclosure-scheme-cuts-black-money-act-risk-for-nris-and-residents-with-overseas-assets/articleshow/129011397.cms ET OnlineAI generated representative image For returning NRI students, professionals, tech employees, relocated NRIs, and residents with overseas financial footprints, reporting of foreign
Income Tax Section 153C Notices Time-Barred When Computed From Satisfaction Note Date: Delhi HC Quashes Reassessment [Read Order]
Clipped from: https://www.taxscan.in/top-stories/income-tax-section-153c-notices-time-barred-when-computed-from-satisfaction-note-date-delhi-hc-quashes-reassessment-1443149?TRN300=svBwJnCucaunBEfYYuaMckWwASJdwUMbvFIIuAlhwjWMvUfSIMCkzyDnkMsAchMbvFIyuAMScYEzMb&LKD333=3432933 The court quashed Income Tax Section 153C notices as time-barred after holding that limitation must be computed from the satisfaction note date. The
ITAT Grants Deduction under Section 54F to NRI: Residential Houses Outside and Inside India Considered [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itat-grants-deduction-under-section-54f-to-nri-residential-houses-outside-and-inside-india-considered-1443147?from-login=449965&token=RDWEB3CKNC41QUFKHYCNWTIHOJSA1LBG2KKOA AO had conducted an incomplete inquiry with regards to the deduction claimed under Section 54F. Principal CIT to reassess the claim considering the
When can a gifted property be taxed as income? Income Tax Appellate Tribunal explains ‘relative’ definition in key ruling – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/woman-receives-rs-33-lakh-property-as-gift-gets-tax-notice-itat-explains-when-a-gift-becomes-taxable-4160087/ A woman with an annual income of just Rs 3.4 lakh received a property worth Rs 33 lakh through a registered gift deed
Forex card breach: Prompt reporting can secure full refund if no negligence
lipped from: https://www.business-standard.com/finance/personal-finance/forex-card-breach-prompt-reporting-can-secure-full-refund-if-no-negligence-126030100870_1.html When not travelling, lock the forex card, keep only a small balance, and switch on alerts Listen to This Article The recent breach