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ITAT PUNE PENALTY UPHELD
Are you eligible for the COVID tax refund? The July 10 deadline could cost you an IRS refund foreverAre you eligible for the COVID tax refund? That's the question many Americans are asking as the July 10 deadline approaches. It's not a new...- Pune School, College & Office Holiday on July 7: Will classes and offices be affected as IMD issues rain alert? Here's the latest updatePune schools and colleges closed on July 7? Schools and colleges in Pune will remain open on Tuesday, July 7. The district administration h...
- ITR utility updated: New 'other income' column added under exempt income schedule; here's what it meansIncome Tax Return (ITR) filing for the assessment year 2026-2027 sees a significant update with a new 'Other Income' column under the Exemp...
- From cash receipts to property deals: 8 key income tax limits every taxpayer should know to avoid penaltiesNew rules under the Income Tax Act 2025 are set to curb tax evasion by limiting cash transactions. Individuals cannot receive over Rs 2 lak...
- Pune weather today: Schools closed across district as IMD issues red alert for extremely heavy rainfall; more showers likely in coming daysPune weather: Maharashtra is grappling with intense monsoon rains, prompting Pune to declare a holiday for all schools and anganwadis due t...
- Mumbai issues work from home advisory for private offices, some govt offices to observe half day amid heavy rainsMumbai work from home advisory: Financial capital braces for heavy downpours as the State Disaster Management Authority advises private off...
- Man sells property for Rs 48 lakh, constructs a new house but faces delay, income tax dept denies Section 54 claim; he fights and wins case in ITAT ChennaiA Chennai resident successfully reclaimed his Section 54 tax exemption after a three-year construction delay on his new home, initially den...
- Pune Expressway reopens for traffic after debris and water clearance; vehicular movement restoredPune-Mumbai vehicular traffic has resumed after landslides and waterlogging were cleared from the expressway. However, authorities urge cau...
- Mumbai Rains Train Status Update Today LIVE: Central, Western Railway And Local Train cancellation, diversion latest newsMumbai Rain Local Train Status: Mumbai's rail network faced significant disruption Monday as landslides in the Bhor Ghat section halted Mum...
- Rs 17 lakh income tax refund claim was denied as taxpayer did not e-verify ITR since he was busy taking care of late father; ITAT Delhi allows refund for this reasonA Delhi landlord, busy caring for his ailing father, missed the deadline to e-verify his income tax return, leading to a denied Rs 17 lakh ...
- Pune realtor's murder: Accused Siya Goyal, Chetan Chaudhary remanded in judicial custody till July 16Goyal (20) and Chaudhary (22) are accused of pushing Agarwal to his death from a cliff at Lohagad Fort in Pune district on June 18. Agarwal...
- Honeymoon murder: Meghalaya govt moves SC against HC order granting bail to prime accused Sonam RaghuvanshiMeghalaya's government has approached the Supreme Court challenging the High Court's decision to grant bail to Sonam Raghuvanshi, accused o...
- Psychology explains why football’s biggest stars face extra pressure during penalty shootoutsPenalty shootouts, while thrilling, often see elite footballers falter under immense pressure. Research indicates that the weight of expect...
- EU top court to rule on record 4.1 bn euro Google fineThe EU's top court will decide Thursday whether to uphold a record 4.1 billion euro ($4.7 billion) fine the bloc slapped on Google for anti...
- Invasion of the penalty snatchersMorocco's dramatic penalty shootout victory over the Netherlands marked another surprising World Cup upset. Meanwhile, Brazil, despite a sh...
- Rape case of minor: SC notice to Rajasthan on Asaram's plea challenging Rajasthan HC judgmentThe Supreme Court has asked the Rajasthan government to respond within two weeks to a plea by Asaram, challenging his life sentence for the...
- Mumbai IT professional claims Rs 3.91 lakh TDS, gets only Rs 79,000 and Rs 3.36 lakh tax demand as employer failed to deposit tax; here's what happened nextITAT Mumbai found that full TDS credit has not been granted since assessee’s employer has deducted TDS but has not remitted the same to the...
- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- ITAT: Accrued interest component on non-convertible debentures sales is taxable as interest incomeThe ITAT has held that the accrued interest component embedded in sale proceeds from non-convertible debentures cannot automatically be tre...
- Rs 17.25 lakh income of an employee was added as taxable salary despite working in UK; ITAT Delhi gives him relief under India-UK DTAAThe Income Tax Appellate Tribunal (ITAT) Delhi has ruled that even if a non-resident salaried individual has received any ‘per-diem’ paymen...
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