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Tenant wins tax relief on Rs 38.62 lakh sale of landlord’s property, received for surrendering tenancy rights; know why ITAT Mumbai ruled in his favourA Mumbai tenant received tax relief after selling a property he obtained for surrendering his tenancy rights. The Income Tax Appellate Trib...- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...
- Tulsi Gabbard alleges Anthony Fauci funded Wuhan research in China that sparked COVID-19Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These documents accuse Dr. Anthony Fauci o...
- Iran says talks on final US deal to begin this weekIran and the United States are set to begin crucial nuclear and sanctions relief talks this week. An agreement to end a recent war is expec...
- Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...
- Kash Patel on the FBI's defining test: Securing the World CupThe FBI faces its biggest security challenge ever with the upcoming World Cup. Director Kash Patel outlines extensive preparations for the ...
- ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
- India may have brokered a rupee truce, but hasn't won peace yetIndia has unveiled a package aimed at supporting the rupee without resorting to capital controls, a move seen as more market-friendly than ...
- "What kind of India do they want?": Congress questions PM Modi's leadership; claims every section of society being "destroyed"The Indian National Congress leader Mallikarjun Kharge and Leader of Oppositon Rahul Gandhi launched a strong attack against Prime Minister...
- Sweden's Gripen faces moment of truth in Ukraine's air war with RussiaUkraine is set to make the Swedish Gripen fighter jet the backbone of its air force, acquiring 20 new Gripen E models and 16 older donated ...
- Trump orders tighter banking scrutiny of undocumented migrants, warns of account seizuresPresident Trump announced an executive order to shut down and seize funds from bank accounts supporting illegal immigration or holding welf...
- Why should these taxpayers avoid filing ITR before June 15th for AY 2026-2027Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...
- Mumbai man received tax notice over unreported income, not filing ITR; ITAT rules in his favour on TDS benefit, tax demand reducedManoj Soman had not filed an ITR for the relevant assessment year, which is FY 10-11 in this case. Based on information available through t...
- TDS credit must be allowed even without income tax return, says Income Tax Appellate TribunalThe Income Tax Appellate Tribunal has ruled that tax deducted at source credit cannot be denied once income is taxed. This decision came in...
- Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
- Hardline Republicans slam Trump’s emerging plan to end Iran warPresident Donald Trump's proposed deal to end the Iran war is facing strong opposition from some Republicans. Critics worry the terms might...
- Trump’s $1.776 billion IRS settlement sparks debate as critics question legality of the compensation fundA major legal settlement involving Donald Trump and the IRS faces scrutiny. A $1.776 billion fund for alleged "weaponization" and a ban on ...
- At White House briefing, Vance says Iran war won't be 'forever'US Vice President JD Vance defended President Donald Trump’s Iran policy during a White House briefing, assuring Americans the conflict wou...
- Donald Trump's IRS lawsuit dismissed with a $1.76 billion fund settlement: Here's the full breakdown of the tax leak caseTrump IRS tax leak settlement: The US administration has established a $1.76 billion fund to address claims of government "weaponization" f...
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