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Two Flats, One Home: Mumbai ITAT Says Section 54F Income Tax Relief May Apply
3+ day, 6+ hour ago (464+ words) Buying two separate flats does not necessarily mean losing the tax benefit available for investment in a residential house. The Mumbai bench of the Income-Tax Appellate Tribunal (ITAT) in its recent ruling held that two flats in the same building…...
GST Council Meeting Rescheduled To October 7 Due To BRICS Summit
6+ day, 2+ hour ago (469+ words) The 57th GST Council meeting, earlier scheduled for September 12, has been postponed to October 7 due to the BRICS summit being hosted by India in New Delhi, PTI reported, citing sources. The BRICS summit is scheduled for September 12-13 and is expected to…...
Last Day ITR Checklist: 8 Things You Must Check Before Submitting Today
1+ week, 6+ day ago (558+ words) Before submitting the return, verify your PAN, Aadhaar details, name, date of birth, mobile number and email ID. Any mismatch in these details can create problems during ITR processing or verification. Also make sure you have selected the correct assessment year…...
ITR Filing Deadline Today: August 31 Is Last Date for Business, Professional Taxpayers; Check Who Must File
1+ week, 6+ day ago (827+ words) ITR Filing Last Date 2026: August 31, 2026, is the deadline for a large category of taxpayers to file their income tax returns for the assessment year (AY) 2026-27. Individuals and other taxpayers with business or professional income who are not required to get…...
ITR Filing 2026: ITR-3 and ITR-4 Dos and Don'ts Before August 31 Deadline
3+ week, 4+ day ago (1346+ words) With the August 31, 2026, deadline for filing income tax returns for non-audit business and professional taxpayers approaching, taxpayers using ITR-3 and ITR-4 should ensure that their income, deductions, tax payments and other details are correctly reported before submitting the return. The…...