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Man pays zero tax on Rs 5 crore land sales despite filing ITR after deadline; ITAT Mumbai rules in his favour for this reasonA Mumbai man successfully claimed a tax exemption on Rs 5 crore land sales despite filing his ITR after the deadline. The ITAT Mumbai ruled...- Gave up tenancy, got new flat in redeveloped property, then faced income tax notice of STCG of Rs 1.1 crore: How tenant won at ITAT MumbaiA Mumbai tenant successfully challenged a Rs 1.1 crore tax notice. He surrendered tenancy for a new flat in a redeveloped building. The Inc...
- India's Capri Global Capital plans $733 million fundraise in FY26, exec saysIndia's Capri Global Capital plans to raise 65 billion rupees ($732.9 million) through a combination of bonds and loans in this financial y...
- No benefit of lower tax rate under DTAA for taxpayers with foreign income if Form 67 is not filed by this dateDouble tax: If you are claiming a tax relief under section 90 then you must submit a ITR and Form 67 by the due date. Similarly if you are ...
- ‘Lehman II’ burns global chemical firms, but Indian players have the balm to protect themselvesGlobal chemical biggies are grappling with an ‘inventory recession’ and Indian players are starting to feel the pinch. But experts say the ...
- Buy Glenmark Pharmaceuticals, target price Rs 619.8: ICICI DirectGlenmark Pharmaceuticals, incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 17229.19 Crore) operating in Pharm...
- Motilal Oswal Financial Services neutral on Glenmark Pharmaceuticals; target price: Rs 580Glenmark Pharmaceuticals, incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 17198.15 Crore) operating in Pharm...
- Retired BPCL chairman Arun Kumar Singh to be next head of ONGCOil refining and marketing company BPCL's former chairman Arun Kumar Singh is likely to be the new chairman of India's top oil and gas prod...
- Virus graph in Maharashtra mirrors Europe’s milder second waveThis second wave in the state, as Dr Pradeep Awate, head of the epidemiology cell of the state public health department, said, is milder bu...
- Ahead of Market: 12 things that will decide stock action on ThursdayIndian markets are expected to be in sync with the global markets and also react to the ongoing border tensions with China as there are cur...
- Drones and mist cannons help India’s energy sector fight virusFrom drones used to monitor social distancing at refineries to giant mist cannons that spray disinfectants near workers’ quarters, employer...
- Stocks in the news: RIL, Max India, Allahabad Bank, Corporation Bank and GMR InfraMeanwhile, Tata Steel board approved proposal to raise Rs 5,000 cr via debt securities.
- Ready returns: MACD shows these 55 stocks are gearing up for a rallyThe bears have gone on year end holiday and the bulls are making merry on Dalal Street.
- Carlyle Growth buys controlling stake in Visionary Revenue Cycle ManagementAccording to sources, the company is being valued at around $65 million and Carlyle has bought stake from the promoters as well as the earl...
- Carlyle Group acquires majority stake in Visionary RCMCarlyle claims it has already invested more than USD 1.5 billion of equity in over 30 transactions in India as on September 30. It has rece...
- Carlyle Growth set to buy healthcare solutions provider Visionary for Rs 420 croreA Carlyle spokesperson declined to comment on the transaction, as did VRCM. “It’s confidential and we do not have Carlyle’s permission on t...
- PEs, VCs may eye new tax havens like Sweden and Cyprus as government tweaks Mauritius pactThey may take a close look at the special purpose vehicles that carry the investments as there are fears that all such tax treaties may be ...
- Income tax return: Avoid these common errors while filing your returnsFiling tax returns is not as complicated as it seems. But do ensure that you avoid the following mistakes while filing returns - be it onli...
- Gifts to relatives come with added valueEverybody loves a gift. Gifts are always welcome, especially on occasions like marriage, birthday or anniversary.
- Corporate events this weekCorporate events this week.
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