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Filing ITR-3 for AY 2026-2027? Here’s 7 aspects to look out for before filing it- 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 Mumbai
- Who needs to file ITR by August 31, 2026 for AY 2026-2027? Check what happens if ITR filing deadline is missed
- 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
- Rs 2.25-crore notice under Black Money Act to Delhi couple over Singapore, British Virgin Islands assets: ITAT Delhi gave full relief to taxpayer, know whyTax officer sent black money notice to Pitampura based couple and added Rs 2.25 undisclosed money from Singapore and British Virgin Islands...28 Aug, 2026, 04.44 PM IST
- Kotak Mahindra Investments' CFO Siddarth Gandotra resigns, Hiren Vora to succeedSiddarth Gandotra resigns as CFO of Kotak Mahindra Investments Limited on August 31, 2026. Hiren Vora will assume the CFO role starting Sep...27 Aug, 2026, 06.46 PM IST
- Realty firm iUSTUS to develop 25 lakh sq ft of residential, commercial real estate in BengaluruRealty firm iUSTUS is set to embark on an ambitious project, developing a staggering twenty-five lakh square feet across South and East Ben...27 Aug, 2026, 05.34 PM IST
- Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for manyThe rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...26 Aug, 2026, 11.52 PM IST
- Piyush Goyal pitches India as trusted destination for data centres, cites $200 bn investment commitmentsIndia is actively promoting itself as a prime destination for data centers to Japanese businesses. Significant global hyperscaler investmen...26 Aug, 2026, 02.02 PM IST
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says26 Aug, 2026, 10.56 AM IST
- Filing ITR4 by August 31 deadline? Check these 6 major changes if opting for presumptive taxation for AY 2026-27For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...25 Aug, 2026, 03.50 PM IST
- If I sell my property jointly owned with my wife, can I buy the new one in my name for LTCG tax exemption?ET Wealth Reader's Query: I jointly own a property with my wife, although it was funded entirely by me. If I sell this property, is it nece...25 Aug, 2026, 07.30 AM IST
- Banks told to have stricter norms for eligibility of forensic auditorsBanks are tightening their forensic auditor empanelment framework. This action follows Enforcement Directorate observations against two aud...25 Aug, 2026, 12.30 AM IST
- Rs 5.31 lakh income tax refund denied as taxpayer did not claim it in the original ITR; he approaches ITAT Delhi and wins the case to get tax refund with interestRs 5.31 lakh tax refund denied as it was not claimed in the original ITR but in the subsequently filed Section 148 ITR; ITAT Delhi orders t...24 Aug, 2026, 04.27 PM IST
- Karol Bagh man had foreign bank accounts, FD in Singapore, no ITR disclosure; income tax dept sent black money notice, but ITAT Delhi cancelled the notice for this reasonBlack money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delh...24 Aug, 2026, 04.14 PM IST
- Wave of mass market credit cards erodes foreign majors’ baseStandard Chartered and DBS Bank India recorded the sharpest contractions. The former's card base fell 28% to 581,000, a fall of 227,000 car...24 Aug, 2026, 05.30 AM IST
- Global Market: Standard Chartered expands hedge fund offerings as investors seek protection from market volatilityStandard Chartered is increasing its focus on hedge funds as wealth management clients seek to diversify portfolios and navigate heightened...20 Aug, 2026, 12.12 PM IST
- Income tax dept has identified suspicious entities that sent money abroad, launches verification drive; Know what to doBased on ground intelligence and analysis of data, Income tax dept Income tax dept has identified suspicious entities who sent money abroad...19 Aug, 2026, 11.24 AM IST
- Income Tax Department launches nationwide verification of suspicious foreign remittancesThe Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after identifying several ent...19 Aug, 2026, 09.42 AM IST
- Institute of Chartered Accountants of India holds public finance workshop for 100 West Bengal MLAsAround 100 West Bengal MLAs attended an ICAI workshop on public financial management and legislative oversight. The session focused on stat...18 Aug, 2026, 10.24 PM IST
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