Searched for
INCOMES
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- Guest and temporary teachers: How to build financial security with job uncertaintyThough the integration of temporary faculty reduces the teaching burden for the university’s permanent staff, the former often get the shor...31 Aug, 2026, 01.11 PM IST
- F&O tax rules: How derivatives traders should report profits, losses and expensesOne of the biggest misconceptions among retail traders is that profits from F&O are taxed like stock market gains. That is not the case. Un...31 Aug, 2026, 12.31 PM IST
- SC to hear Monday plea concerning cash donations received by political partiesThe Supreme Court will hear a plea challenging anonymous cash donations below Rs 2,000. This provision of the Income Tax Act is questioned ...30 Aug, 2026, 02.39 PM IST
- Who needs to file ITR by August 31, 2026 for AY 2026-2027? Check what happens if ITR filing deadline is missedITR Deadline: The deadline for filing Income Tax Returns (ITR) for taxpayers with non-audit business or professional income is August 31, 2...29 Aug, 2026, 11.57 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
- Indian Bank’s ₹1,500 crore treasury bet comes with a gold push: CEO Binod KumarIndian Bank anticipates treasury income between Rs 1,000 and Rs 1,500 crore this fiscal year. The lender expects its gold loan book to surp...28 Aug, 2026, 02.26 PM IST
- Husband claims annual salary fell to Rs 36 lakh, cites Rs 1.7 crore home loan; court orders Rs 2 lakh monthly maintenance to wifeA Gurgaon family court ordered a husband to pay Rs 2 lakh monthly maintenance to his estranged wife and children despite a sharp income dro...27 Aug, 2026, 12.24 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
- Tax notice in a deceased person's name? Don't ignore it; here's what legal heirs should doDid someone close to you leave behind unresolved tax responsibilities? Explore how heirs can address income tax notices, file overdue retur...26 Aug, 2026, 04.32 PM IST
- Tribunal deletes Reliance Jio Infocomm's Rs 11,000 cr tax disallowanceThe Income Tax Appellate Tribunal deleted a significant tax disallowance imposed on Reliance Jio Infocomm. This ruling involved over eleven...26 Aug, 2026, 01.06 PM IST
- How NRIs split foreign and Indian income across NRE and NRO accountsNon-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they comm...26 Aug, 2026, 12.00 PM IST
- Have undisclosed foreign assets or income? Know the extra tax cost if you miss FAST Scheme 2026's December 31 deadlineIndia's FAST Scheme 2026 provides a unique opportunity for taxpayers to declare foreign assets. This voluntary disclosure window closes on ...25 Aug, 2026, 03.32 PM 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
- ITR filing deadline: Income Tax Department asks business, professional taxpayers to file returns by August 31The Income Tax Department has reminded taxpayers with business or professional income who are not subject to audit to file their ITRs for A...24 Aug, 2026, 04.21 PM IST
- Freelancers filing ITR? Don't get these 5 things wrong: Form, expenses, 44ADA, foreign income, and moreFreelancers preparing for AY 2026-27 have a new ITR submission deadline, offering relief to many. Understanding tax audit requirements is e...22 Aug, 2026, 06.37 AM IST
- Plant 500 trees and explain Rs 11.22 crore additional income: A rare direction from ITAT Chandigarh asks taxpayer with Rs 1.79 lakh income shown in ITRThis Haryana man's case was picked up for scrutiny, and during the proceedings the Assessing Officer found large cash deposits, unsecured l...21 Aug, 2026, 07.10 AM IST
Load More
