Gift Deed vs Inheritance: Which Saves More Tax? Gift deed and inheritance can both transfer family property, but their timing, cost, and control differ. This guide explains the 2026 income-tax rules, state-level stamp duty, registration requirements, documentation risks, and capital-gains impact before a family chooses either route. Gift Deed vs Inheritance in India: Which Saves More Tax?

ITR Deadline Missed? Know the Penalties and Tax Consequences Missing the applicable ITR due date for AY 2026-27 does not end your chance to file, but it may trigger a late fee, interest, and restrictions on carrying forward certain losses or choosing the old tax regime. Here is what taxpayers should know.   ITR Late Filing Penalty AY 2026-27: What Taxpayers Could Lose New Delhi, July 27, 2026: The ITR late fil