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RIGHTS OF TAXPAYERS
America at 250: Why Trump's second term is reviving fears of an 'imperial presidency'- As GST turns 10, focus shifts to AI-led compliance, faster refunds, simpler tax processes
- 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 next
- BJP seeks cancellation of Bengaluru tunnel road tender, targets Congress over Adani bidThe BJP has demanded Karnataka government scrap the Bengaluru tunnel road tender, alleging the Adani Group's bid is a staggering 96% over t...25 Jun, 2026, 05.34 PM IST
- Have a US 401(k)? Indians must report withdrawals and maturity details in ITR schedules FSI and FAIndian taxpayers with US 401(k) accounts must now report withdrawals and maturity details in ITR schedules FSI and FA. Failure to disclose ...23 Jun, 2026, 11.30 AM IST
- Husband trades through wife’s demat account, incurs Rs 1.95 crore loss; tax dept sends notice over clubbing of income, ITAT Lucknow grants him reliefA husband's attempt to offset substantial stock market losses against his income was initially rejected by tax authorities. Despite trading...22 Jun, 2026, 03.43 PM IST
- Kolkata woman made Rs 26 crore profit in stocks and paid zero tax: Here's how she did it legallyA Kolkata businesswoman, Saroj Goenka, legally saved ₹26 crore in taxes by reinvesting long-term capital gains from share sales into constr...22 Jun, 2026, 11.52 AM IST
- ‘Markets will remain noisy. That’s how you make money’: Axis MF’s CEO & MD B. Gopkumar on SIPs, volatility and investingAxis Asset Management Company has navigated turbulent weather in the past few years, coming under regulatory scrutiny over a controversy in...22 Jun, 2026, 09.32 AM IST
- Credit card points: How to use them for free flights, hotel stays, and better travel rewardsTravellers should also remember that loyalty program transfers are generally irreversible. Before moving points to an airline or a hotel pr...22 Jun, 2026, 09.29 AM IST
- ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...22 Jun, 2026, 09.25 AM IST
- 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...20 Jun, 2026, 07.11 AM IST
- 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...19 Jun, 2026, 10.27 AM IST
- 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...19 Jun, 2026, 10.06 AM IST
- 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...16 Jun, 2026, 04.07 PM IST
- 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 ...12 Jun, 2026, 07.11 AM IST
- 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 ...11 Jun, 2026, 04.11 PM IST
- 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...11 Jun, 2026, 07.43 AM IST
- 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...09 Jun, 2026, 04.57 PM IST
- 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 ...09 Jun, 2026, 07.10 AM IST
- "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...06 Jun, 2026, 12.29 PM IST
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