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CHELSEA POINTS DEDUCTION APPEAL
Employee wrongly declared Rs 14 lakh Australian salary in Indian ITR: ITAT grants tax relief but denies Rs 3.4 lakh foreign tax creditEmployee mistakenly declared Rs 14 lakh Australia salary in Indian ITR, later sought Rs 3.4 lakh foreign tax credit in India for tax paid i...
Not prepared for ITR filing: Should you file your ITR now with available information or wait and file a belated ITR?Taxpayers face a choice between filing income tax returns now or later. The income tax return due date is approaching for many individuals....
Chelsea manager Xabi Alonso joins the debate as FIFA's commercialisation plan sparks concerns over football's futureChelsea manager Xabi Alonso has opposed FIFA's plan for private investment in the World Cup. He said football should remain accessible to f...
CBIC readies rules to facilitate filing of multi-state GST appealsThe Central Board of Indirect Taxes and Customs is preparing a new framework that will streamline departmental appeals involving multiple s...
Omar, Mehbooba appeal for peace and dialogueJammu and Kashmir Chief Minister Omar Abdullah voiced worry regarding the situation in Pakistan-occupied Kashmir. He expressed hope for pea...
Switching banks for your home loan? Here's what happens to your tax savings
Bengaluru hotels threaten Swiggy boycott from August 15Bengaluru hotels will suspend business with Swiggy from August 15. They demand transparency in payment statements and opt-out options. Unau...
TDS deducted but you haven't filed your ITR yet? Here's what happens if you miss the July 31 deadlineFailing to file your income tax return by July 31, 2026, after TDS deduction has consequences. You will face interest charges and a late fi...
Oreo maker Mondelez beats second-quarter estimates on steady demandMondelez International exceeded revenue and profit expectations for the second quarter. Steady demand for biscuits and chocolates, along wi...
Priya, Preeti and Jadumani assure India of boxing medalsIndian boxers secured multiple Commonwealth Games medals on Tuesday. Priya Ghanghas achieved a comeback victory against a home favorite. Pr...
ITR filing deadline of July 31, 2026: With only 4 days left to due date; 5 checks you must complete before submitting formITR filing: Taxpayers have four days remaining to file their Income Tax Return by the July 31, 2026 deadline. It is important to match Form...
How Oracle's 2012 court defeat became the heart of £270 million lawsuit against MicrosoftPerpetual software license resale: A 2012 European Court of Justice ruling that Oracle lost, establishing that perpetual software licences ...
Bengaluru restaurants to meet on July 28 to push back against Swiggy feesThe Bangalore Hotels Association expects around 250 restaurateurs to attend the meeting to examine what they say are multiple fees that hav...
Rs 17.41 lakh penalty for ITR filing mistake: CA firm's owner's affidavit helps taxpayer get relief in ITAT Mumbai; know howRs 17.41 lakh penalty imposed due to error in ITR filed by junior staff in CA firm; Here's how affidavit from the CA firm's owner helps tax...
Rs 9.48 lakh income tax demand on coaching centre quashed: ITAT explains why attendance alone doesn't make contractual teachers employeesContractual teachers held as employees by the tax department and on this ground, Rs 9.48 lakh tax demand raised; ITAT Cochin rules administ...
Why using a debit card for groceries and fuel is a costly mistake. CA explains why you may be losing outCA Nitin Kaushik argues that using a debit card for everyday expenses like groceries, fuel and travel could mean missing out on rewards, fr...
New tax regime: Save up to Rs 65,500 in tax through your employer's NPS contribution; here's how to claim itSection 80CCD(2) provides a tax deduction for employer contributions to NPS. This benefit remains available under the new tax regime for sa...