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FORM 26AS INCOME MISMATCH
Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT MumbaiRs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai g...- Saturday bank holiday: Are banks open or closed this Saturday, September 12, 2026?Bank Holiday Today: Banks in India observe closures on the second and fourth Saturdays of the month, as well as on Sundays and other region...
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSelect small finance banks offer senior citizens fixed deposit rates up to 8.5 percent. Suryoday Small Finance Bank provides 8.5 percent in...
- Mumbai’s ‘Special 26’ twist: Sacked driver, 2 I-T officials stage fake raid for Rs 1 croreA sacked driver and two Income Tax officials attempted a fake raid. They demanded one crore rupees from a former employer's Mumbai office. ...
- Gold rate today (September 11, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and TanishqGold and silver prices fell on Friday, September 11, 2026, as fluctuations in the global market took their toll. The release of strong US P...
- Delhi HC acts big on fake GST registrations, rules no GST registration without biometric-based Aadhaar authenticationIn light of many fraudulent GST registrations, the Delhi High Court has ruled that no Goods and Services Tax (GST) registration can be obta...
- Salary jumped from Rs 50,000 to Rs 1.5 lakh? CA warns you may be upgrading the wrong things and falling into a wealth trapCA Nitin Kaushik warns that a higher salary does not automatically create wealth if expenses rise alongside income. He advises upgrading fi...
- Vodafone Idea shares price in focus as Jefferies initiates coverage with Buy rating. Why are analysts bullish?Jefferies has initiated coverage on Vodafone Idea with a ‘Buy’ rating and a Rs 20 price target, implying 29% upside. The brokerage expects ...
- RBL Bank raises $350 million in debut international bond saleRBL Bank has raised $350 million through its first international bond sale, pricing bonds tighter than initial guidance. Strong investor de...
- Vodafone Idea a high-beta turnaround play, says Jefferies; initiates buy with 29% upside potentialJefferies initiated coverage on Vodafone Idea with a Buy rating and Rs 20 target, citing subscriber stabilisation, tariff hikes and operati...
- Beyond the runway: Emkay sees up to 25% upside in GMR AirportsEmkay Global has initiated coverage on GMR Airports with a Buy rating and a Rs 120 target price, implying 25% upside from the current level...
- Are banks closed in New Delhi on September 11, 2026, due to BRICS Summit? Check bank holiday statusNew Delhi will experience traffic restrictions and closures for the BRICS Summit on September 11, 2026. Banks in the national capital will ...
- 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...
- Bengali Hindu landlord’s Rs 1.89-crore rental income faced tax dispute over HUF status: Why ITAT Delhi gave reliefBengali Hindulandlord earns Rs 1.89 crore rental income in Delhi, reports it in his HUF’sITR; Income Tax dept rejects it on the ground that...
- Rs 34.8 lakh difference in price and stamp duty added to husband's income for taxation despite jointly owned property - ITAT Mumbai calls it 'not justified'A husband and a wife bought a flat jointly for Rs 60 lakh, however, the stamp duty value stood at Rs 94.8 lakh, leading to a difference of ...
- Employee showed Rs 9.6 lakh EPF interest in ITR by mistake, got income tax notice: He fought and got full relief in ITAT MumbaiIncome Tax Dept sent tax notice for Rs 9.6 lakh EPF interest which employee never received but erroneously shown in ITR as received; he fig...
- Make growth piggyback on savingsHousehold savings are increasingly held in financial assets, not physical ones. This shift creates a significant mismatch for long-term inv...
- Land(ing) in trouble: ₹8,500 cr property deals under taxman's scannerTransactions were either not reported, were undervalued or had suspected benami ownership; deals span bulk land purchases, agri land & othe...
- ITR filing August 31, 2026, deadline today: Due date for AY 2026-27; Check who must file returnITR filing deadline: Taxpayers with business or profession income must file their returns today. This deadline applies to those using ITR-3...
- Employee got Rs 30 lakh salary after job switch, did not file ITR, Income Tax dept imposed Rs 3.74 lakh penalty; he fought and won the case in ITAT DelhiEmployee switched job and got Rs 30 lakh salary on which TDS was deducted, forgot to file ITR, Tax dept sent notice and imposed Rs 3.74 lak...
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