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
SC to Examine Whether Verification Requirement Survives Section 148A Amendment
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
Taxation of Dividend
lipped from: https://taxguru.in/income-tax/taxation-dividend-2.html Income Tax DepartmentMinistry of Finance, Government of India Introduction Dividend income is taxable in the hands of the recipient under the head ‘Income
Cyber insecurity – The HinduBusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/editorial-cyber-insecurity/article70861335.ece RBI suggests viable solutions for digital fraud This rise in digital heists calls for action at various levels | Photo Credit: KACPER PEMPEL
Google launches Personal Intelligence feature for Gemini users in India | Company News – Business Standard
Clipped from: https://www.business-standard.com/companies/news/google-launches-personal-intelligence-feature-gemini-india-126041401125_1.html Google rolls out Personal Intelligence for Gemini users in India, enabling personalised responses using Gmail, Photos and other apps, with privacy controls and
TDS filing made easy: New form introduced for reporting tax deducted at source on rent, property – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax-form-141-unified-challan-cum-statement-as-a-single-comprehensive-statement-for-reporting-tax-deducted-introduced-4206777/ Each Form 141 can report only one type of transaction, and a separate form must be filed for each transaction category. Form 141
Rs 15.85 lakh annual salary, Rs 0 tax? Here’s how new tax regime makes it possible – Money News | The Financial Express
lipped from: https://www.financialexpress.com/money/rs-15-85-lakh-annual-salary-rs-0-tax-heres-how-new-tax-regime-makes-it-possible-4207072/ A salaried individual earning Rs 15.85 lakh annually can reduce tax liability to zero under the new tax regime — but only with
Property or problem? The hidden legal traps haunting India’s property owners: Here’s how to navigate – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/legal/will/property-or-problem-the-hidden-legal-traps-haunting-indias-property-owners-heres-how-to-navigate/articleshow/130255407.cms ET OnlineBuying property as an investment? Here’s four ways you can avoid the legal traps while buying properties (AI generated representative image) If
*New Form 141 introduced for TDS filing: 4 existing forms merged into one challan-cum-statement – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-form-141-introduced-for-tds-filing-4-existing-forms-merged-into-one-challan-cum-statement/articleshow/130251413.cms New Form 141 introduced for TDS filing The Income Tax (I-T) Department has introduced Form No. 141, a new consolidated challan-cum-statement that replaces
*ITR can still be filed after September 16, 2025 with payment of late fee and losing some benefits
Clipped from: https://economictimes.indiatimes.com/wealth/tax/itr-can-still-be-filed-after-september-16-2025-with-payment-of-late-fee-and-losing-some-benefits/articleshow/123881368.cms ITR can still be filed after September 15, 2025 with payment of late fee and losing some benefits September 16, 2025 was the
AO Cannot Reopen Completed Income Tax Assessment After Modified Return u/s 170A: Bombay HC Quashes Notices [Read Order]
Clipped from: https://www.taxscan.in/top-stories/ao-cannot-reopen-completed-income-tax-assessment-after-modified-return-us-170a-bombay-hc-quashes-notices-1444873 The High Court held that completed assessments cannot be reopened after a modified return under Section 170A and quashed notices issued for fresh
*New ITR forms alert: Secondary address field added, what taxpayers must know – The Economic Times
Clipped from: https://economictimes.indiatimes.com/wealth/tax/new-itr-forms-alert-secondary-address-field-added-what-taxpayers-must-know/articleshow/130231240.cms The new Income Tax Forms which were notified last week introduced a bunch of changes that are relevant for all those planning to file their