India's direct tax collections saw a modest rise in FY26. However, the total mop-up missed the revised target by ₹81,000 crore. Both corpor...

A US-based son, Mr. Bussi, successfully challenged an Indian income tax notice after depositing Rs 11 lakh cash into his parents' account d...

A Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...

The appellant, a housewife Uma Agrawal of Gwalior, had declared total income of Rs 1,30,810 in her income tax return filed for fiscal 2016-...

The share of the low-cost CASA deposits in total bank deposits increased from 35.2% in October 2016 to 40.6% in March 2017, before declinin...

The central probe agency said it has issued a provisional attachment order against two flats and a house in Muzzafarpur in the state along ...

"Eight months have passed... How much money has come back? Why is the government hiding it?" Congress MP KV Thomas asked in Rajya Sabha.

If there has to be a window (extension for depositing demonetised notes) then all of you (petitioners and others) have to be considered, a ...

Deposits at rated banks grew by 13 per cent year-on-year in the December quarter, from 6 per cent in the preceding quarter, but as cash ava...

On black money issue, Radha Mohan Singh said be it Mayawati or Congress President Sonia Gandhi's son-in-law Robert Vadra, no one will be sp...

CBDT issued specific guidelines to ascertain if a particular cash deposit is genuine or not and with a view to "maintain consistent approac...

The RBI also did not have the number of accounts in co-operative banks in which more than Rs 2.5 lakh were deposited in the scrapped notes ...

I-T dept has found that post demonetisation more than Rs 2 lakh was deposited in over 60 lakh bank accounts and the total amount deposited ...

For the fortnight to December 23, deposits collected by banks stood at Rs 10,516,237 crore, down by 0.7 per cent.

Declarations under PMGKY would be subject to a total tax of about 50% and a quarter of the amount declared would be locked in interest-free...

The deposited amount from the accounts was allegedly channelled into accounts of suspected shell companies, and the ED found only Rs 1.4 cr...

The bench passed the direction while expressing displeasure over a trial court special judge' decision allowing a convict to deposit the fi...