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RAJASTHAN ARTISAN 6 CR TAX NOTICE
Rajasthan footwear artisan earning Rs 15,000 a month receives Rs 6 cr GST notice: Fake TN export firm was allegedly registered using his PAN; he suspects loan documents were misusedRajasthan footwear artisan Jitendra Kumar Jingar, who earns Rs 10,000 to 15,000 a month making traditional leather shoes in Balotra distric...- How the Mobile Phone Manufacturing Scheme could make India a global electronics manufacturing hubIndia's new Mobile Phone Manufacturing Scheme prioritses scale and exports. This strategy aims to build a robust electronics manufacturing ...
- TDS deducted but you haven't filed your ITR yet? Here's what happens if you miss the July 31 deadlineFailing to file your income tax return by July 31, 2026, after TDS deduction has consequences. You will face interest charges and a late fi...
- India's growing Rs 100 crore club tells a bigger tax storyMore than five hundred taxpayers disclosed incomes exceeding one hundred crore rupees for the current fiscal year. This growth reflects ris...
- India orders Pepsi, Red Bull, Monster and others to drop ‘energy drink’ label despite industry protestsIndia's food regulator has mandated that beverage brands discontinue the 'energy drink' label. This directive entails a compliance period o...
- The ultimate ITR checklist before you click ‘submit’Taxpayers must file income tax returns by the July 31 deadline to avoid penalties. Accuracy is paramount, and mismatches in the Annual Info...
- No time bound promotion under MACP for these central government employees; govt clarifies in Rajya SabhaCentral government employees retired between 2006 and 2008 will not receive MACP benefits. The Modified Assured Career Progression scheme b...
- Parliament Watch: ESIC disburses Rs 5.26 crore under ABVK, 79 FEMA applications disposed of since FY22Parliament updates: Govt launched a 3-month drive to clear 16,033 labour disputes, ESIC disbursed ₹5.26 crore under ABVKY, approved polymer...
- File your ITR for just Rs 11: Paytm partners with ClearTax; here's how you can file income tax returnITR filing: Paytm users can now file Income Tax Returns directly through the app. This service is available starting at an affordable price...
- GST notice uploaded only on portal isn't valid service, high courts rule: What it means for taxpayersHigh Courts are questioning GST notice validity when only uploaded online. Punjab and Haryana High Court ruled portal uploads are not valid...
- Can you get income tax notice for UPI, NEFT, RTGS or IMPS transactions? CA explains when your transactions may come under scrutiny
- Wife paid Rs 58 lakh from Indian bank a/c, husband paid Rs 80 lakh from UAE bank a/c for property purchase; she gets tax notice for unexplained investment, wins case in ITAT Mumbai for this reasonTo purchase property in India, wife paid Rs 58 lakh from her bank a/c and husband paid Rs 80 lakh via his UAE bank a/c using Dubai exchange...
- Lady with Rs 5.28 lakh income pays no tax despite Rs 1.42 lakh STCG from equities; Know why ITAT Mumbai allowed the Section 87A rebateEver since the Income Tax utility has disabled the option to claim Section 87A tax rebate on short term capital gains (STCG) from listed eq...
- Are you afraid of getting an income-tax notice? Here's how to avoid it completely
- ITR filing: Received Section 143(1) intimation with tax demand? Respond within 30 days or risk being treated as an ‘assessee in default’; know how to do itTaxpayers must respond to Section 143(1) intimations with tax demands promptly. Failure to respond within thirty days can lead to penalties...
- Adani Green Q1 Results: Profit jumps 19% YoY to Rs 845 crore; revenue up 16%Adani Green Q1 Results: Adani Green reported a 19% year-on-year profit increase in the first quarter. Revenue from operations grew sixteen ...
- Name appearing in builder's records showing cash payment: Will you need to pay income tax for such property purchase? Here’s what ITAT saidCan the Income Tax Department tax you based only on papers found during a builder's search? A recent ITAT ruling explains when third-party ...
- ITR filing: Claimed capital gains exemption? The 3-year tax trap that may trigger income-tax noticesMany taxpayers wrongly believe that capital gains deposited in the Capital Gains Account Scheme (CGAS) become taxable only on withdrawal. T...
- SC quashes case against Standard Chartered Bank over violations of FERA provisionsThe Supreme Court quashed a 23-year-old criminal complaint against Standard Chartered Bank. This decision provided relief to the bank after...
- After Supreme Court rap, JDA swings into action, serves notices to illegal commercial units in JaipurWeeks after the Supreme Court pulled up civic authorities across the country over rampant misuse of residential properties for commercial p...
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