Read more at:https://economictimes.indiatimes.com/wealth/tax/nri-selling-indian-assets-us-uk-uae-canada-australia-or-singapore-how-your-country-of-residence-could-decide-the-income-tax-bill/articleshow/133372417.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Selling an Indian property, shares, mutual funds or gold can typically result in capital gains tax in India. But for an NRI, paying tax
Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this ground
Read more at:https://economictimes.indiatimes.com/wealth/tax/unsuspecting-landowner-got-income-tax-notice-as-his-land-was-sold-for-rs-6-82-crore-cash-by-someone-via-forged-sale-deed-he-fights-back-and-wins-tax-case-in-itat-ahmedabad-on-this-ground/articleshow/133368119.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Sanjay Garg, Judicial Member and Narendra Prasad Sinha, Accountant Member of the Income Tax Appellate Tribunal (ITAT) Ahmedabad recently provided relief to
Rs 2.33 crore cash withdrawn from bank and deposited months later? Income Tax questions why it is kept idle
https://www.financialexpress.com/money/rs-2-33-crore-cash-withdrawn-from-bank-and-deposited-months-later-income-tax-questions-why-it-is-kept-idle-4321167 The department questioned why such a large amount would be withdrawn without a clear purpose and then allegedly kept in cash for two-three months.
I’m a single parent and my only son is now a foreign national. I want to safeguard his interests and am wondering should I make him a co-owner of my properties—to reduce his paperwork, regarding inheritance?
Read more at:https://economictimes.indiatimes.com/wealth/legal/will/should-i-make-my-foreign-national-son-a-co-owner-of-my-properties-for-inheritance/articleshow/133366802.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst etwealth@timesgroup.com Should I make my foreign national son a co-owner of my properties for inheritance? – The Economic Times https://economictimes.indiatimes.com/wealth/legal/will/should-i-make-my-foreign-national-son-a-co-owner-of-my-properties-for-inheritance/articleshow/133366802.cms
Man constructs a house before selling his old property and claims income tax exemption under Section 54; Income Tax Department sends notice; he wins case in ITAT Delhi
Read more at:https://economictimes.indiatimes.com/wealth/tax/man-constructs-a-house-before-selling-his-old-property-and-claims-income-tax-exemption-under-section-54-income-tax-department-sends-notice-he-wins-case-in-itat-delhi/articleshow/133339708.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst When Mr Kumar from Rajouri Garden, Delhi sold his property in Paschim Vihar for Rs 53 lakh, he did not pay any income
8 income tax notices that salaried employees can get after filing ITR; know what they mean and how to respond
Read more at:https://economictimes.indiatimes.com/wealth/tax/8-income-tax-notices-that-salaried-employees-can-get-after-filing-itr-know-what-they-mean-and-how-to-respond/articleshow/133365299.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Now that the deadline for filing income tax returns (ITR) on July 31, 2026, has passed for salaried employees, pensioners, students and others without
