Can Interest on home loan be added to cost of acquisition when computing capital gains?
Clipped from: https://taxguru.in/income-tax/interest-home-loan-added-cost-acquisition-computing-capital-gains.html Author’s Note A client came to me as he wanted to sell his first residential building, which he had bought five years back,
How digital scams hit your wallet in 2025 & lessons for 2026 to avoid them | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/how-digital-scams-hit-your-wallet-in-2025-lessons-for-2026-to-avoid-them-125122600429_1.html India’s fraud surge shows why 2026 must be about verification, not trust digital scams hit your wallet in 2025 Listen to This Article
Mid-term exits by independent directors at highest level since 2017
Clipped from: https://www.business-standard.com/industry/news/mid-term-exits-by-independent-directors-at-highest-level-since-2017-125122600011_1.html Many from companies with less than ₹100 crore in mcap Independent director resignations hit 510 in 2025, the highest since 2017, reflecting growing
Income Tax Return: Revised ITR vs belated ITR? What taxpayers should note before December 31 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/income-tax-return-revised-itr-vs-belated-itr-what-taxpayers-should-note-before-december-31-508071-2025-12-24 A revised or belated return must be filed by December 31 of the relevant assessment year, or before the tax authorities complete the
‘Nobody talks about GSTR 9 till a notice hits’: CA flags risks for overlooking GSTR 9 filing – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/nobody-talks-about-gstr-9-till-a-notice-hits-ca-flags-risks-for-overlooking-gstr-9-filing-508110-2025-12-24 The GST annual return, GSTR-9, is rarely discussed until a tax notice lands in a taxpayer’s inbox. With the December 31 deadline approaching,
New feature on ITR e-filing portal: Rectification request for these tax orders can be filed online; Here’s how it helps you – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-feature-on-e-filing-itr-portal-rectification-request-for-these-tax-orders-can-be-filed-online-directly-with-the-respective-authority-heres-how-it-helps-you/articleshow/126186768.cms Listen to this article in summarized format The Income Tax Department has launched a new feature that allows taxpayers to file rectification applications for specific income tax orders directly
ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]
Clipped from: https://www.taxscan.in/top-stories/itrs-are-authentic-proof-of-income-in-mact-claims-calcutta-hc-enhances-compensation-from-15-lakh-to-39-lakh-1440583?TRN300=sVBGZRcdSADqbvcezYdMckgWAsJugdMBESVJYDnhwjhMEdFSYMCKZYUnBMSaSh&LKD333=3299114 The High Court held that Income Tax Returns filed during the lifetime of a victim are statutory documents that can be relied upon
Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance – The Hindu
Clipped from: https://www.thehindu.com/business/Industry/bombay-high-court-stays-fraud-notices-to-anil-ambani-questions-banks-compliance/article70432993.ece The High Court questions auditor’s qualification, independence and banks’ delay under RBI norms The Bombay High Court on Wednesday (December 24, 2025) granted
Labour reforms get a boost, rules on four codes in the offing in 2026 – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/news/labour-reforms-get-a-boost-rules-on-four-codes-in-the-offing-in-2026/article70436173.ece Talking to PTI, Union Labour & Employment Minister Mansukh Mandaviya said 2025 has been truly transformative for India’s labour and employment ecosystem, marked