Sanjeev Sinha

Information contained in AIS should be cross-checked against data in various statements of financial transactions

Avoid vague drafting, interested witnesses, unsigned corrections, and multiple, contradictory documents

Taxpayers should carefully match their income profile with the applicable ITR form, as filing returns in the wrong form could lead to defective returns or tax notices

Use joint accounts only where shared access is genuinely needed; do your due diligence before joining

Check who actually paid for the property and whether the payment trail matches the registered owner

Rising medical costs and insurance gaps make building a dedicated health corpus essential for long-term financial security

Preserve evidence of damage by taking photographs or videos

With equity returns uneven, non-convertible debentures are gaining traction as a middle path between FDs and stocks-but investors must weigh credit risk, liquidity, and issuer quality before investing

Reconcile investment details with bank records, Form 26AS and AIS before tax filing

Employees whose cost to company includes these components may find the old regime more beneficial this year

The Income-tax Rules, 2026, mark a major clean-up of the compliance framework

With flight disruptions rising amid geopolitical tensions, travellers must check insurance coverage, exclusions, and claim conditions carefully before heading abroad this summer

On Akshaya Tritiya, choose gold wisely-jewellery for sentiment, ETFs and SGBs for returns; verify purity, costs, and tax impact before investing

The exuberance seen in 2023 and early 2024 is no longer evident. Elevated property prices have strained affordability and slowed down the pace of transactions

With high-value immovable property gifts now under SFT reporting, scrutiny will rise, making accurate disclosure of such transactions in income tax returns increasingly important

Everyday mistakes, from delayed reporting to unauthorised vehicle use, can lead to a claim being denied

Disclose the property every year under Schedule FA of your income-tax return

To protect insurance policies purchased for spouse from recovery proceedings, place it under Married Women's Property Act

Taxpayers must be able to distinguish between matters where the old tax law still applies and those where the new one does

Carefully assess nature of grievance before choosing forum