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SUPREME COURT INCOME TAX
Man dies in motor accident, family seeks Rs 2.25 crore in damages: Here's why SC fixes ‘fair’ compensation based on his ITR, sets a precedentManoranjan Pandey, who lost his life in the tragic accident in 2018, was the sole breadwinner of his family, according to the 2019 appeal f...
Husband leaves some properties to sister through Will, excluding wife and children; Supreme Court upholds it for this reasonThe Supreme Court has upheld a husband's Will, which disinherited his wife and children from certain properties, favouring his sister. The ...
- ITR filing 2026: 7 smart ways salaried employees can reduce tax under the new income tax regime
SC lays down guidelines on computation of income of motor accident victimsThe Supreme Court has established new guidelines for determining motor accident compensation based on Income Tax Returns. For salaried indi...
Foreign income in ITR? Avoid these 7 disclosure mistakes that can cost you dearly
The income your tax return doesn't need to include; 8+ types of tax-free income in India
Stock traders' alert: When income tax audit becomes mandatory for AY 2026-27Stock market traders, especially those involved in intraday and F&O trading without a registered business, need to understand tax audit rul...
Inside Oyo’s FY26 profit; Gaming founders seek GST reprieveOyo parent Prism, which filed its updated IPO papers, reported a strong profit in the April-December period, courtesy of an unlikely source...
Spouse's FD, shares or gold? You may still have to pay tax under clubbing rules
ITR filing season AY 2026-27: Received Section 143(2) notice for AY 2025-26? What it means and how to respondAs Section 143(2) scrutiny notices for AY 2025-26 reach taxpayers during the ITR filing season for AY 2026-27, this article explains why ta...
You could get thousands back in tax refunds, if you know where to look
Working abroad? You may pay zero tax on selling Indian shares if you meet this conditionIndians working abroad can now potentially avoid paying tax on selling Indian shares. The key is to have purchased these shares using conve...
Gaming founders appeal to GST Council for personal liability relief after Supreme Court rulingReal money gaming founders are urging the GST Council to shield them from personal tax liabilities and offer amnesty on past dues following...
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
Husband has to pay income tax on wife’s earnings from FD, gold, shares under clubbing of income in these casesITR filing: Transferring investments to your spouse to save taxes is a common misconception. The Income Tax Department scrutinises fund sou...
No income tax on these 8 earnings: Check if you qualify for exemption
Supreme Court rejects plea challenging Income Tax break to STs in North EastThe Supreme Court has declined to hear a petition questioning the income tax exemption for Scheduled Tribes in certain north-eastern states...