Income Tax

Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

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A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax Appellate Tribunal ruled in his favor, accepting ...

Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

Photo of author
A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax Appellate Tribunal ruled in his favor, accepting ...

Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

Photo of author
A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax Appellate Tribunal ruled in his favor, accepting ...

Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

Photo of author
A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax Appellate Tribunal ruled in his favor, accepting ...

Income Tax department doubts Rs 10 lakh gift – brother gets tax notice for cash received from sisters; how he appealed & won the case

Photo of author
A businessman successfully proved cash gifts from his sisters were legitimate, avoiding tax evasion charges. The Income Tax Appellate Tribunal ruled in his favor, accepting ...

US tax filing: IRS releases income tax brackets and standard deductions for 2026; here’s what has changed

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The IRS has announced 2026 federal income tax bracket and standard deduction adjustments to combat bracket creep. Key changes include higher thresholds for the top ...

Tax audit deadline extended! Big relief for income taxpayers as CBDT extends last date to file audit report; check new due date

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The CBDT has extended the deadline for submitting tax audit reports for the financial year 2024-25 to October 31, 2025, providing relief to taxpayers. This ...

ITR filing FY 2024-25 due date today: Income tax portal still facing glitches despite deadline extension? What taxpayers are saying

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ITR filing FY 2024-25 due day extension: Taxpayers are reportedly facing persistent technical issues on the Income Tax e-filing portal even after the Finance Ministry ...

Income tax filing: Facing trouble accessing the e-filing portal? Here’s what the IT department says

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The Income Tax Department advises taxpayers facing e-filing portal access issues to address local browser or device settings. Simple steps like clearing cache, using supported ...

I-T deadline today; 6cr returns filed

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Riding the Tax Wave: Decoding India’s Filing Frenzy The clock ticked down, and the energy was palpable. Across India, millions raced against the midnight hour, ...
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