Blog tagged as Income

Teacher Wins Tax Battle: ₹3.5 Lakh Cash Gift From Daughter Not Taxable
A Delhi school teacher got into trouble with the Income Tax Department after she deposited ₹3.5 lakh in cash into her bank account.
03.10.25 05:30 PM - Comment(s)
Wife Gets Relief from Bombay High Court: Tax Notice Over Husband's Rs. 6.75 Crore Mumbai House Quashed
Buying a house in Mumbai is always big news — especially if it runs into crores. Recently, a case about a Mumbai home worth ₹6.75 crore caught everyone’s attention when the Income Tax Department sent a notice not to the buyer, but to his wife
17.08.25 12:49 PM - Comment(s)
ESOPs and Their Tax Implications for Employees in India
Employee Stock Ownership Plans (ESOPs) are a popular way for companies to share ownership with their employees. They offer a unique blend of benefits, including potential financial gains and tax advantages.
15.11.24 06:18 AM - Comment(s)
Why you should file your Income tax return every year.
Filing an income tax return (ITR) is a statutory duty for every eligible taxpayer, and it's an annual ritual that holds significant importance.
06.05.24 02:13 AM - Comment(s)