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SECTION 273B
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
Cabinet approves Rs 4,415 crore upgrade of 233 km NH-347B in Madhya PradeshThe Cabinet Committee on Economic Affairs has approved a Rs 4,415.60 crore project to upgrade and widen NH-347B in Madhya Pradesh. The 233....
Faceless tax assessment lost its way: Why Budget 2026 must fix system, not expand compliance burdenWith the new Income-tax Act approaching, Budget 2026 presents a crucial chance to reform India's Faceless Assessment Scheme. Current struct...
Rs 10 lakh penalty for genuine taxpayers making inadvertent reporting errors; why Black Money Act needs changesThe Black Money Act's strict penalties, including a Rs 10 lakh fine, are unfairly penalizing honest taxpayers for inadvertent reporting err...
Allahabad HC rejects Patanjali Ayurved's plea against Rs 273.5 crore GST penaltyThe Allahabad High Court has rejected Patanjali Ayurved's plea against a Rs 273.50-crore GST penalty. The court stated that tax authorities...
Mazagon Dock shares rally 4% as board mulls stock split, interim dividend. Check record dateMazagon Dock Shipbuilders' shares surged approximately 4% to today's peak of Rs 4,395 on the BSE after the company announced plans to consi...
Cash loans above Rs 20,000 can invite penaltyLoans from certain institutions such as banks, government departments, and Post Offices are exempted, but cash transactions with other enti...
Surrogacy law: Delhi HC seeks Centre's stand on challenge to provisionsA bench headed by Acting Chief Justice Vipin Sanghi and Justice Sachin Datta issued notice on the petition by Karan Balraj Mehta, a single ...
37 staffers of Aligarh meat export unit held for animal cruelty, Environment Quality Act violationThe arrests were made on Saturday evening following a surprise check of the unit located at Cherat in the Jawan area.
Aptus offers high growth and quality at high valuationsThe entire loan book is comprised of retail customers with no exposure to building and commercial realty. Over half of the book is composed...
Govt may look at having public interest directors for non-profit companies using govt propertiesCiting the case of Delhi Gymkhana Club, a source in the government said time has come for clubs also to do good governance. Such a provisio...
Scared of tax penalties and imprisonment on black money? This may help you get immunityHowever, the final decision on whether to grant immunity or not rests with the concerned tax authority where you have appealed for the same.
Demonetisation row: Penalties, prosecution that tax department can slap on black money holdersHere is a list of various penalties that can be imposed on you for different defaults and the provisions which can help you get immunity fr...
BBMP cracks down on Manyata Tech Park; seizes movable assetsThe 125-acre tech park, which houses Microsoft, IBM, Philips, Cognizant etc - had paid Rs 8 per sqft under the Self-Assessment Scheme from ...
Government approves 11 highway projects worth Rs 6,284 croreThe government has approved 11 highway projects worth Rs 6,284 crore for various states including Karnataka and Himachal Pradesh.
FIR against Snapdeal for flouting Maggi banAn FIR has been registered against the CEO and founder of an e-commerce major for allegedly selling popular Maggi noodles online during the...
- Orissa government moves Supreme Court against HC ruling on Vedanta University project
The Orissa government and the Anil Agarwal Foundation have moved the Supreme Court to save the proposed over Rs 15,000-crore Vedanta Univer...
- Builders accuse cement firms of cartelising
Builders have moved the Competition Commission alleging that cement firms like Grasim & ACC have formed a price cartel and it is costing th...
- Cash-loan from family in SOS not to attract a penalty: ITAT
Taxman will not breathe on you if you have taken a cash loan from a family member, provided you can explain the reasons for doing so, as pe...
- Micro-organism patents need 3rd re-work of Bill
The Patents (Second) Amendment Bill 1999 has been framed with a lot of ingenuity. On first glance, the Bill seems to have included patentin...