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CASH RECEIPT
Round-tripping: How a company hands itself money and calls it your investment – fooling investors and regulators alikeShare capital looks like one of the simplest numbers on a balance sheet. A company issues a certain number of shares, investors pay for the...- US debt tops $40 trillion: Chris Wood flags the 5% trigger that could rattle stock marketUS public debt has crossed $40 trillion as its fiscal position worsens and Treasury yields move closer to levels that could threaten equiti...
- Plant 500 trees and explain Rs 11.22 crore additional income: A rare direction from ITAT Chandigarh asks taxpayer with Rs 1.79 lakh income shown in ITRThis Haryana man's case was picked up for scrutiny, and during the proceedings the Assessing Officer found large cash deposits, unsecured l...
- US green card rules change from September 18: What applicants need to knowThe US will change its public charge assessment for certain green card applicants from September 18. USCIS officers will consider factors i...
- Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...
- US debt crosses $40 trillion threshold after doubling under Trump and BidenUnited States debt has now exceeded forty trillion dollars for the first time. This significant increase occurred during the presidencies o...
- ITR filing 2026: How freelancers and F&O traders should declare their incomeEarning income from futures and options trading or other side hustles? Cumbersome compliance, reconciliation and disclosures mean taxpayers...
- Rs 12.84 lakh, 800g gold seized; TMC leader's ex-bodyguard held in case linked to Bengal stone trader Tulu MondalSaigal Hossain, a former bodyguard, was arrested in a document forgery case. Police seized Rs 12.84 lakh in cash, around 800 grams of gold,...
- US retail sales unexpectedly fall in JulyJuly saw a surprising dip in US retail sales, reversing the trend of recent strong performances. The earlier surge in consumer spending, fu...
- NRI used NRE account to buy Rs 79 lakh property, got ‘unexplained cash’ tax notice; ITAT Ahmedabad grants full reliefNRI used money from his NRE bank a/c to buy property for Rs 79 lakh, files no ITR; tax dept sent notice for unexplained cash; he wins case ...
- How China’s big push to win back tourists is paying offChina's tourism sector is experiencing a significant resurgence after pandemic restrictions eased. Visa-free travel policies have attracted...
- Presumptive taxation for professionals: The 50% rule remains-but what changes for deductions and losses under the new tax Act?The 50% presumptive taxation rule for professionals largely continues under the new Income-tax Act. However, Section 58(4) introduces a wid...
- REIT, InvIT investors can benefit if trust switches income tax regime: Know how maximum effective tax rate of 34.94% under old tax regime comes down to 28.60% under new tax regimeEffective tax rate of 34.94% under old and 28.60% under new tax regime; know how REIT, InvIT unitholders can benefit if trusts' switch tax ...
- Senior citizen couple was denied full access to their reserved berths due to overcrowding; they pursued the matter against Indian Railways in consumer commission and won Rs 50,000 in damagesFamily bought reservation ticket to travel to Tirupati but due to overcrowding manyunreserved, waiting list and ticketless passengers occup...
- Purchase of bad loans by ARCs rises 56% in Q1Asset reconstruction companies bought twenty-six thousand three hundred four crore rupees of bad loans. This acquisition saw a fifty-six pe...
- Manipur CM calls for unity among communities, seven militants arrestedManipur Chief Minister Yumnam Khemchand Singh called for unity among Meiteis, Nagas and Kukis and urged communities to work together for pe...
- How companies create fake cash in books, and take investors for a rideCash is the item on a balance sheet that most investors accept without argument. Revenue can be recognised early, inventory can be overvalu...
- Can you get income tax notice for making digital payments through UPI, NEFT, RTGS, and IMPS? Know when it can be triggeredDigital transactions like UPI and NEFT can trigger income tax notices. These notices arise when transactions do not match your declared inc...
- US Treasury keeps coupon auction sizes steadyThe US Treasury has announced it will keep its issuance of both coupon and floating-rate notes consistent for the upcoming quarters. This s...
- UAE freezes 'Desi Bling' star Satish Sanpal's assets over money laundering probeBesides the financial services accounts and digital wallets of Satish, the FIU freezing order, issued about a fortnight ago, extends to acc...
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