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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 ...04 Sep, 2026, 02.21 PM 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
- Foreign income disclosed in ITR-U: Why it could still trigger Black Money Act - FAST-DS 2026 ParadoxFAST-DS 2026 raises an important question for taxpayers who have voluntarily disclosed foreign income through a valid ITR-U. Can such incom...04 Sep, 2026, 10.31 AM IST
- UK expands immigration protection for modern slavery, abuse victimsThe UK will expand immigration protections from October 8 for some victims of modern slavery and domestic abuse. Skilled Workers identified...04 Sep, 2026, 10.19 AM IST
- REITs and InvITs: Despite tax-free dividends, non-resident investors may need to file ITR to claim a refund of TDSThe Taxation and Other Laws (Amendment) Act, 2026 addresses existing dividend tax discrepancies for unitholders by granting unconditional e...04 Sep, 2026, 07.00 AM IST
- Big CGHS relief for families: Lifelong medical cover for married dependent sons, brothers with critical illnessesIn a significant update, the CGHS and CS(MA) Rules now offer lifelong medical support to dependent sons and brothers, ensuring marriage doe...02 Sep, 2026, 06.00 PM IST
- Wall street bets on shielding Indian real estate from climate disasterClimate resilience is emerging as a new measure of value in India's realty market. Investors are pouring money into infrastructure to prote...02 Sep, 2026, 03.00 PM IST
- Ram temple Trust to appoint first full-time CEO amid push to tighten administrationThe Shri Ram Janmbhoomi Teerth Kshetra Trust will appoint its first full-time CEO on Wednesday. A search committee submitted three shortlis...02 Sep, 2026, 01.08 PM IST
- No more hush-hush: Tax portal opens door to misconduct complaintsThe Income Tax portal now allows taxpayers to report misconduct. A new tab enables complaints against officers for sexual harassment or bri...02 Sep, 2026, 01.21 AM IST
- US is planning to spend up to $2 million on robot dogs for high-risk immigration operationsThe US government plans to spend up to $2 million on Boston Dynamics robot dogs for high-risk immigration operations, NBC News reported. IC...01 Sep, 2026, 12.07 PM IST
- Wife gets income tax notice after husband sells joint property Rs 14 lakh below market price; she fights back and wins the case in ITAT KolkataWife escaped income tax notice as she proved in ITAT that her husband entirely paid for their joint property which was sold for Rs 14 lakh ...01 Sep, 2026, 12.03 PM IST
- Rs 16 lakh cash seized in income tax raid, tax officer calls it unexplained cash; Taxpayer claims it to be family money, he fights and wins the case in ITAT MumbaiDuring an income tax search operation (raid) Rs 16 lakh cash was seized; Man says its family cash; tax officer does not believe him and cal...31 Aug, 2026, 03.12 PM IST
- He refused the job 10 minutes after joining because nobody was smiling: Delhi entrepreneur shares how an employee exposed a problem that everyone at office missedA candidate rejected a job after spending just 10 minutes in a Delhi office, telling entrepreneur Kanika Jain that the workplace felt negat...31 Aug, 2026, 11.37 AM IST
- Man receives $3.14 lakh from redemption of Bermuda-focused fund; Income Tax Dept considers it black money, imposes Rs 1.8 crore penalty and tax, but he wins case in ITAT DelhiIndian man working in Singapore gets $3.14 lakh from redemption of units of Bermuda focussed investment fund; Tax dept deems it black money...29 Aug, 2026, 07.53 AM IST
- ITAT rejects tax department’s FTS, royalty claims on Spencer Stuart’s executive search feesThe income-tax tribunal ruled in favor of Spencer Stuart International BV. Executive search fees were not treated as technical services und...28 Aug, 2026, 04.52 PM IST
- SC sets aside show cause notice to Tata Steel over input tax credit availed during FY19-23The Supreme Court has quashed a tax demand notice against Tata Steel. This notice involved an alleged irregular input tax credit claim. The...26 Aug, 2026, 05.12 PM IST
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