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A new set of income-tax rules will come into force from April 1, 2026, replacing the existing Income-Tax Act, 1961. The new tax laws are

Read more at:https://economictimes.indiatimes.com/wealth/legal/will/after-16-year-legal-battle-employee-wins-compensation-claim-for-workplace-accident-earlier-rejected-over-disability-certificate-issued-by-non-treating-doctor/articleshow/129600900.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst The Bombay High Court on February 25, 2026, ruled in favour of an employee who suffered an accident at the worksite but

As discussions around the 8th Pay Commission gather pace and expectations of a salary and pension revision grow among central government employees, a related question

Read more at: https://taxguru.in/income-tax/sc-declines-relief-reassessment-dispute-assessee-cooperate-tax-inquiry.htmlCopyright © Taxguru.in The matter arose from reassessment proceedings initiated under the Income Tax Act, 1961 for Assessment Year 2020–21. The assessee challenged

Why is India facing a shortage in LPG? High import dependency is a key reason for this. India imports roughly 60-62 per cent of its

The combined market valuation of the top-10 domestic firms eroded sharply by ₹4.48 lakh crore last week, in tandem with a steep decline in equities,

India was ahead of other Asian buyers by a week in procuring Russian oil, and refiners were told to pick up as much Russian oil

Crude oil markets experienced wild price swings this week. Prices ranged between $80 and $120 per barrel, with the current price of $100 as of

Read more at:https://economictimes.indiatimes.com/wealth/tax/if-i-gift-money-to-my-spouse-who-pays-tax-on-the-interest-dividends-and-capital-gains/articleshow/129442537.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Following a news report, I understand that if one spouse gifts money to the other and the recipient invests it in fixed

मॉस्को: मध्य पूर्व आशियात युद्ध सुरु झाल्यानं होर्मुझ सामुद्रधुनीतून होणारी खनिज तेल ाची वाहतूक विस्कळीत झाली आहे. इराणनं होर्मुझ मार्ग बंद केल्यानं अनेक देशांची कोंडी

Foreign portfolio investors (FPIs) were relentless sellers of Indian equities through 2025, pulling out a net ₹1.57 lakh crore amid global risk aversion and bouts

Trump called upon China, France and Japan among others to send ships to the Strait of Hormuz and said that the US would bomb the

Tax Talk: Change is in the air with new Income-Tax Act from April 1  Tax Talk: Change is in the air with new Income-Tax Act

Taxpayer sells one house and buys 7 flats with capital gains. Tax dept denies benefit — here’s what ITAT rulesThe ITAT Delhi has ruled that

Read more at:https://economictimes.indiatimes.com/wealth/tax/banks-to-seek-more-details-from-account-holders-under-amended-income-tax-rules-1962-check-what-new-information-you-may-have-to-share/articleshow/129499779.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Banks to seek more details from account holders under amended Income Tax Rules, 1962; check what new information you may have to

Income Tax Addition Based Solely on Third Party Digital Evidence without any Corroborating Evidence Unsustainable: ITAT Income Tax Addition Based Solely on Third Party Digital

Read more at: https://taxguru.in/income-tax/reopening-notice-invalid-proper-section-u-s-151-itat-quashes-reassessment.htmlCopyright © Taxguru.in https://taxguru.in/income-tax/ltcg-taxed-wifes-hands-property-settled-husband-itat-deletes-rs-19-86-cr-addition.html The assessee challenged the validity of reopening notice u/s 148 for AY 2018-19 on the ground that the

Read more at: https://taxguru.in/income-tax/ltcg-taxed-wifes-hands-property-settled-husband-itat-deletes-rs-19-86-cr-addition.htmlCopyright © Taxguru.in https://aniltikotekar4smedotcom.wordpress.com/wp-admin/admin.php?page=stats#!/stats/day/99727355?page=stats The assessee sold an immovable property for ₹20 crore, out of which ₹19.40 crore was directly paid by the

Assessment in the Name of Deceased Person – Absence of Notice to Legal Heir – Entire Assessment Held Void: ITAT Bangalore Read more at: https://taxguru.in/income-tax/assessment-deceased-person-absence-notice-legal-heir-entire-assessment-held-void-itat-bangalore.htmlCopyright ©