Landowner gets Rs 6 crore by selling TDRs received for giving up land for road widening, pays no tax; ITAT Bangalore rules TDR sale taxable as capital gainsFor giving up 2,839 sq. metres of land, BBMP gives landowner TDRs which landowner sells to builder for Rs 6 crore; Income Tax Dept sends no...
10 Oct, 2026, 12.04 PM IST
Goa adds 84 weekly domestic flights for winter season: Check new routes, airlinesGoa is set for a major winter tourism connectivity boost, with 84 additional domestic flights each week across Mopa and Dabolim airports. A...
06 Oct, 2026, 09.53 PM IST
Rs 67 lakh ancestral jewellery declaration in ITR triggers income tax notice of unexplained credit: Here's why lady won at ITAT MumbaiWife filed Schedule AL in ITR for first time and got hit with unexplained credit income tax notice for ancestral family jewellery worth Rs ...
05 Oct, 2026, 06.46 PM IST
Dubai NRI bought Rs 2.31 crore property, didn’t file ITR, got income tax notice; she fights back and wins in ITAT on these groundsMrs Chudamasa’s counsel argued that the AO had erred in treating Rs 2,31,20,000 as investment made during financial year 2017-18. He submit...
05 Oct, 2026, 04.03 PM IST
GST relief for gaming companies raises hopes across the sectorTax authorities have taken a softer approach towards gaming companies in the first four final GST orders issued after the Supreme Court rul...
03 Oct, 2026, 12.18 AM IST
Man paid lower income tax by setting off business loss against long term capital gains but received income tax notice; wins case in ITAT DelhiMan pays lower income tax by setting off business loss with long term capital gains but gets income tax notice; Wins case in ITAT Delhi. IT...
30 Sep, 2026, 11.02 AM IST
IIT-Bombay professor Suryanarayana Doolla, who faces SC/ST Act FIR in Sahil Wakode case, has multiple teaching, research awardsIIT-Bombay professor Suryanarayana Doolla's deanship was suspended after an FIR under the SC/ST Act in connection with the death by suicide...
21 Sep, 2026, 02.13 PM IST
5 Bangalore landowners formed a partnership firm to develop property, received income tax notice for undisclosed rental income; won relief in ITAT for this reasonBangalore landowners get relief from undisclosed rental income tax notice after proving in ITAT that their partnership firm received the re...
19 Sep, 2026, 03.36 PM IST
BRICS adopts New Delhi Declaration: Inside the 140-point document on Global South's ambitionsBRICS leaders adopted the New Delhi Declaration at the 18th summit, reaffirming their commitment to cooperation, multilateralism and a more...
14 Sep, 2026, 01.31 PM IST
Is senior living worth the cost? Financial trade-offs seniors and families need to consider before making the moveAs families shrink and longevity rises, senior living offers independence, companionship and security. But the comfort comes at a real cost.
14 Sep, 2026, 06.30 AM IST
Padel, pickleball boom brings a new wave of sports injuries to physiotherapistsPadel's growing popularity leads to more recreational players seeking physiotherapy treatment. Many beginners overlook essential warmups an...
13 Sep, 2026, 07.23 AM IST
Landlord deposited Rs 14.96 lakh cash during demonetisation, got tax notice: ITAT Bangalore grants reliefLandlord took rent in cash, deposited Rs 14.96 lakh cash during demonitisation period; got Income tax notice, he wins case in ITAT Bangalor...
08 Sep, 2026, 05.00 PM IST
Income Tax Dept seized gold, diamonds and silver in a tax search operation from lady’s house and bank locker; she wins case in ITAT MumbaiHow wife’s 35 yrs old marriage and inheritance helped her win case in ITAT Mumbai after Income Tax Dept seized her gold, diamond, silver it...
07 Sep, 2026, 06.05 PM IST
ITR was processed under the old tax regime due to tax consultant's mistake, taxpayer faced Rs 1.23 lakh demand: ITAT Bangalore allowed new tax regimeRs 1.23 lakh tax demand notice sent as man filed ITR with new tax regime but it was processed with old tax regime due to tax consultant’s e...
07 Sep, 2026, 11.08 AM IST
Why are Registered Investment Advisers so rare in India? The big reason may surprise investorsIn the Indian investment landscape, a stark difference exists between mutual fund distributors who earn commissions and fee-only advisors w...
07 Sep, 2026, 11.06 AM IST
Gamer invested Rs 2.61 crore to play online rummy and poker games; loses net Rs 28 lakh, files ITR reporting Rs 4 lakh income; gets tax notice; he wins case in ITAT BangaloreGamer invested Rs 2.61 crore to play online Rummy, poker games; loses net Rs 28 lakh, stops playing, files ITR reporting Rs 4 lakh income; ...
04 Sep, 2026, 11.47 AM IST
Rs 25 lakh cash deposited in bank, income tax officer sends notice for unexplained cash u/s 69; Taxpayer wins case in ITAT Bangalore, here's whyEmployee deposits Rs 25 lakh cash in bank; tax officer sends notice for unexplained cash u/s 69; Employee wins case in ITAT Bangalore; Know...
04 Sep, 2026, 11.25 AM IST