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Clipped from: https://www.business-standard.com/finance/personal-finance/nominee-vs-legal-heir-why-your-pf-gratuity-may-not-go-where-you-think-126041701064_1.html Nomination enables payout, but ownership follows the will or succession law, says expert A nominee in provident fund (PF) or gratuity does not

Clipped from: https://www.business-standard.com/finance/personal-finance/gold-loan-boom-sees-stress-as-delinquencies-rise-with-borrower-leverage-126041500456_1.html Rapid expansion has made gold loans the second-largest retail credit segment, but rising borrower leverage and repeat borrowing patterns are prompting calls for

Clipped from: https://www.business-standard.com/finance/personal-finance/travel-insurance-check-these-things-before-taking-that-summer-vacay-abroad-126041601111_1.html With flight disruptions rising amid geopolitical tensions, travellers must check insurance coverage, exclusions, and claim conditions carefully before heading abroad this summer Representative

Clipped from: https://www.business-standard.com/finance/personal-finance/how-a-settlement-deed-secures-heirs-property-rights-better-than-a-will-126041601419_1.html By transferring ownership during a settlor’s lifetime, a settlement deed creates a legal ground that can neutralise a conflicting Will Photo: Shutterstock Listen

Clipped from: https://www.businesstoday.in/personal-finance/tax/story/bt-explainer-tds-tcs-shake-up-decoding-new-tax-rates-codes-and-compliance-rules-525983-2026-04-16 From April 1, 2026, the TDS/TCS regime will see a major overhaul under the new Income Tax Act, with renumbered sections and simplified

Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/living-will-to-go-digital-in-maharashtra-what-it-means-for-your-estate-succession-plan/articleshow/130258187.cms Maharashtra is set to become India’s first state to maintain digital records of living Wills. A government resolution (GR) stated that a portal is now

Clipped from: https://www.business-standard.com/finance/personal-finance/new-income-tax-assessment-procedure-notices-timelines-rules-explained-126041501159_1.html New framework prioritises substantive compliance over technicalities, centralising reassessment powers and clarifying statutory timelines to reduce litigation Income Tax Bill, Income Tax With

Clipped from: https://taxguru.in/income-tax/itat-hyderabad-ao-exceed-limited-scrutiny-scope-entire-assessment-held-invalid.html Krishna Constructions Vs ITO (ITAT Hyderabad) ITAT Hyderabad: AO Cannot Exceed Limited Scrutiny Scope – Entire Assessment Held Invalid In this case, the

Clipped from: https://taxguru.in/income-tax/section-87a-rebate-stcg-111a-tax-planning-fy-2025-26.html Summary: The article explains tax treatment of rebate under Section 87A and Short-Term Capital Gains (STCG) under Section 111A for FY 2025–26 under the

Clipped from: https://taxguru.in/income-tax/whatsapp-chats-justify-tax-additions-tribunal.html Summary: The ITAT Delhi in DCIT vs. Balar Marketing Pvt. Ltd. held that additions in search assessments cannot be sustained solely on unauthenticated electronic evidence

Clipped from: https://taxguru.in/income-tax/reassessment-quashed-due-reliance-unverified-third-party-digital-evidence.html Dhruv Vijaykumar Trivedi Vs DCIT (Gujarat High Court) Facts of the Case The petitioner had sold disputed land for ₹80 lakh and duly

Clipped from: https://taxguru.in/income-tax/itat-pune-penalty-mistake-attributable-tax-consultant-bona-fide-conduct-accepted.html Gangadhar Gopinath Wagh Vs ITO (ITAT Pune) In this case, penalty u/s 271(1)(c) was levied on a salaried assessee for claiming excess deductions, allegedly resulting

Clipped from: https://taxguru.in/income-tax/sc-examine-verification-requirement-survives-section-148a-amendment.html Principal Chief Commissioner of Income Tax & Ors. Vs Vasuki Global Industries Limited (Supreme Court of India) The matter before the Court arose