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KAROL BAGH MAN BLACK MONEY
Selling inherited property? Know who is liable to pay income tax on capital gains and how heirs can claim tax reliefSelling inherited property? Know who among the brothers and sisters are liable to pay capital gains tax on it and how to claim tax relief.- Karol Bagh man had foreign bank accounts, FD in Singapore, no ITR disclosure; income tax dept sent black money notice, but ITAT Delhi cancelled the notice for this reasonBlack money notice sent to man with Singapore FD and current bank a/c in his name and no ITR declaration; Know how he won case in ITAT Delh...
- Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...
- ED arrests 2 in Rs 30,000 crore pan-India cyber fraud caseThe Enforcement Directorate has made two arrests in Mumbai related to a vast cyber fraud operation, part of a money laundering investigatio...
- Quote of the Day by Apple co-founder Steve Jobs: "Being the richest man in the cemetery doesn't matter to me. Going to bed at night saying..."The powerful quote by Apple co-founder Steve Jobs "Being the richest man in the cemetery doesn't matter to me. Going to bed at night saying...
- ‘I’ve only been paying bills’: Indian man in Japan spends nearly ₹1 lakh in 25 days, food costs yet to be addedAn Indian traveler meticulously documented his living expenses over a 25-day period in Japan, totaling nearly one lakh rupees. Notably, thi...
- Vivek Oberoi, whose networth is over Rs 1,200 crore, shares a foolproof tip to build wealth: ‘Whatever your annual income is….’Want to build wealth over time? You shouldn’t just rely on a high-paying job or a successful startup to create wealth; you also need to wor...
- Quote of the day by Scarlett Johansson: 'There is no magic wand to wave over oneself to look good. Eating healthy and getting fit is about...' - Fitness advice on why there are no quick fixes to looking good by the Avengers starScarlett Johansson’s quote about looking good highlights that fitness does not come from quick fixes or miracle solutions. Speaking while p...
- Bengaluru customer finds ‘little fat black shirt’ printed on Subko Coffee bill instead of his name; cafe issues apologyIn a notable incident at a Bengaluru coffee shop, a customer was labeled as 'Little fat black shirt' on his bill, leading to accusations of...
- Mumbai man promises marriage to woman he met online, takes Rs 6 lakh loan in her name, cheats herA Mumbai man allegedly promised marriage to a Thane woman he met on a matrimonial website before using her PAN and salary slips to secure a...
- JioBlackRock Mutual Fund announces feature changes across 6 funds, including flexi cap, large capJioBlackRock Mutual Fund will revise six schemes from August 26 to align with SEBI norms. Changes include broader gold and silver ETF expos...
- Capricorn (Makar Rashi) Weekly Horoscope | August 22 – August 28, 2026: Discipline, Stability, and Steady Progress Build Lasting SuccessCapricorn, this week reminds you that every disciplined effort you make is gradually building a secure and successful future. While others ...
- ECI refuses RTI details on CEC Gyanesh Kumar’s official visits, claims ‘personal information’Saket Gokhale, a former MP, has alleged that the Election Commission is withholding information about CEC Gyanesh Kumar's official travel. ...
- SIR verification higher in minority-dominated Delhi constituenciesMinority-dominated Delhi constituencies recorded higher voter verification rates during the ongoing Special Intensive Revision process. See...
- Foreign Asset Disclosure Scheme 2026: From budget proposal to rollout - what residents and NRIs need to knowThe Foreign Assets of Small Taxpayers Disclosure Scheme, 2026 has moved from Budget proposal to implementation. This article explains its t...
- NRI bought life insurance policy in Dubai from a foreign insurer, got maturity proceeds after returning to India, his claim for tax exemption was denied; he won the case in ITAT for this reasonAn Indian resident successfully challenged the tax department's claim of undisclosed foreign income on maturity proceeds from a Dubai life ...
- Election black money cases must be probed faster, says Supreme CourtThe Supreme Court mandated swift conclusion of criminal cases involving election-related black money. Authorities must report cash seizures...
- SC agrees to examine BJP leader Yogender Chandolia's plea against AAP MLA Vishesh Ravi's electionThe Supreme Court will examine a plea challenging an AAP MLA's election. This challenge concerns an alleged false declaration regarding edu...
- Govt opens tax disclosure window for foreign assets, incomeThe government has opened a limited window for taxpayers to disclose specified foreign assets and income. Two routes offer eligibility thre...
- Man did not disclose UAE bank account and foreign shares in ITR, I-T dept imposed Rs 1.86 lakh penalty; He escalates the case but ITAT Delhi offers no reliefDubai connection: Man claimed friend sent money to Dubai Emirates NBD bank a/c to start business but didn't disclose foreign assets in Sche...
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