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UNEXPLAINED INCOME TAX RATE
₹20.45 lakh cash deposits, ₹12.64 lakh capital gains from property sale questioned by Income Tax Department; here’s why woman wins relief at ITAT Hyderabad- Own property in UAE? Income Tax Department nudges taxpayers to declare undisclosed assets under FAST-DS 2026, know who needs to act and what they can do
- Why is your Social Security taxed, and how much can you save? 5 ways to cut the bill and keep more retirement income
- Council Tax Bands explained: How to check your band, current rates and can you pay less?UK Chancellor John Healey has announced an innovative cost-of-energy payment aimed at aiding households in council tax bands A to D in Engl...28 Oct, 2026, 08.53 PM IST
- US Senator Bernie Sanders slams Microsoft for slashing 60,000 jobs, stirs online debateMicrosoft announced on October 26that it is introducing a voluntary exit programme targeting eligible employees in the US, Canada, India, a...28 Oct, 2026, 07.22 PM IST
- What time is UK budget today and where to watch it? Will income tax rise, fuel prices increase and pensioners get relief in John Healey’s big announcement?When will UK budget be announced? UK Chancellor John Healey will deliver his first Budget today, with the key announcements expected on inc...28 Oct, 2026, 04.58 PM IST
- Rs 60 lakh cash gift from late husband: Widow gets income tax notice for'unexplained' credit - Know what ITAT ruledMs Parve’s counsel argued in ITAT Pune that she is a housewife and never filed her income tax return (ITR) as she had no independent source...28 Oct, 2026, 11.52 AM IST
- Can income tax officials take your PPF savings for unpaid tax dues? Know what the law saysDealing with a tax demand? It's essential to grasp how the Income Tax Department can seize dues from different assets, while your PPF accou...28 Oct, 2026, 06.30 AM IST
- Income Tax Department nudges taxpayers holding undisclosed foreign propertiesThe Income Tax Department is encouraging taxpayers to declare undisclosed foreign assets through the FAST-DS initiative. A new e-filing por...26 Oct, 2026, 06.31 PM IST
- Kotak Mahindra Bank shares climb 4% after Q2 results. What are Jefferies, Goldman Sachs saying?Kotak Mahindra Bank reported strong Q2FY27 earnings, with consolidated profit rising 26% year-on-year. Jefferies, Goldman Sachs, Motilal Os...26 Oct, 2026, 09.36 AM IST
- FD rate up to 8.5% for senior citizens investing for five years; know the list of banksSenior citizens in India have exciting options for fixed deposits, with top banks enticing them with appealing interest rates. Leading the ...24 Oct, 2026, 07.00 AM IST
- UK employees receiving per diem payments must separately disclose them if they cross HMRC-specified limits; Know what employees should doIn the UK, employees receiving per diem must be mindful of reporting amounts that exceed HMRC limits, as these payments are taxable income ...24 Oct, 2026, 07.00 AM IST
- Rs 1.79 lakh US tax credit under India-US DTAA denied over late Form 67 filing; ITAT Bangalore rules in man’s favourAn Indian taxpayer from Bangalore faced a setback when his foreign tax credit was denied due to late submission of Form 67. However, the IT...24 Oct, 2026, 07.00 AM IST
- Retired bank employee claims tax exemption on Rs 9.53 lakh leave encashment, faces income tax notice and wins full relief at ITAT JaipurAfter retiring from the State Bank of India, Chhaju found himself facing a tax exemption cap of Rs 3 lakh on his leave encashment totaling ...23 Oct, 2026, 08.39 AM IST
- Former Mumbai office boy wins tax battle over Rs 1.46 crore transactions linked to alleged KYC misuseIn a significant legal battle, former office boy Waghela challenged a disputed tax order linked to dubious financial practices. The Income ...22 Oct, 2026, 05.45 PM IST
- CBDT mandates new disclosures for tax-free gains on govt securitiesThe Central Board of Direct Taxes has introduced new disclosure requirements for taxpayers claiming exemptions. Taxpayers will need to prov...20 Oct, 2026, 11.45 PM IST
- CBDT makes Form 173A mandatory to claim tax exemption on interest and gains from government securitiesThe Central Board of Direct Taxes has introduced Form 173A for income-tax exemption claims. This new form includes detailed information to ...20 Oct, 2026, 11.08 AM IST
- Rs 3.41 crore in FCNR deposits tagged as unexplained money despite being held by Dubai-based individual; ITAT Jaipur grants full reliefMrs. Khanwani, a Dubai resident, faced tax notices for unexplained money linked to her FCNR deposits. The ITAT Jaipur ruled in her favor, h...17 Oct, 2026, 10.41 AM IST
- How much gold and silver jewellery can you have in your home without getting into trouble with the Income Tax authorities?How much pure silver and gold jewellery can you have in your home without getting into trouble with the Income Tax authorities? To know the...17 Oct, 2026, 10.16 AM IST
- Senior citizen gets income tax notice over Rs 65.27 lakh cash deposit in bank account; his son proves source of funds and wins case in ITAT JaipurSenior citizen sent income tax notice for Rs 65.27 lakh unexplained cash deposit, which was later proved to be pension and FD money; ITAT J...13 Oct, 2026, 04.28 PM IST
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