ITR filing: 4 disclosures you need to be ready with in new financial yearIndia’s tax department has rolled out updated ITR forms for FY 2025–26, introducing tighter disclosure norms while keeping the overall stru...
06 Apr, 2026, 12.00 PM IST
Rs 7 lakh income, Rs 2 lakh donation to a political party: How fake contributions led to Section 80GGC tax deduction claim rejectionA Mumbai man's Rs 2 lakh donation to a political party for tax deduction backfired. The Income Tax Appellate Tribunal (ITAT) Mumbai disallo...
05 Mar, 2026, 11.06 AM IST
Rs 27K income tax liability became Rs 9.44 lakh: Pune taxpayer claims fake deductions of Rs 10.65 lakh; taxman imposes 200% penalty; ITAT upholds fineA Pune taxpayer faces a hefty Rs 9.44 lakh penalty for misreporting Rs 10.65 lakh in deductions, including fake claims for political donati...
23 Feb, 2026, 03.05 PM IST
Got income tax notice for political donation? Man wins as ITAT upholds Section 80GGC tax deduction despite allegations of bogus donationsA man's Rs 4 lakh donation to a political party for an 80GGC tax deduction was flagged as suspicious. The Income Tax Appellate Tribunal (IT...
09 Feb, 2026, 05.26 PM IST
Manipulated again: I-T busts fresh fraud in political donation tax deduction claimsThe Income Tax Department is cracking down on fraudulent tax deductions, revealing manipulation even after taxpayers were given a chance to...
19 Jul, 2025, 01.06 PM IST
Made a political donation? Income Tax Dept launches Tax Assist to help you respond to an income tax noticeThe Income Tax Department is scrutinizing deductions claimed under Section 80GGC for political donations, prompting notices to taxpayers. A...
04 Jul, 2025, 04.33 PM IST
Taxman sends tough questions to individuals on political donationsThe income tax department scrutinizes donations of ₹5 lakh or more made to little-known political parties during FY 2020-21, suspecting mon...
06 Mar, 2025, 03.58 PM IST
Used donation to a political party for income tax deduction? IT dept is sending warning SMS; if it was a mistake file ITR-U by March 31, 2025Warning for political party donations: The Income Tax Dept is sending SMS to taxpayers who donated to political parties and had claimed sec...
29 Jan, 2025, 11.13 PM IST
90,000 salaried individuals withdraw Rs 1,070 cr worth wrongful tax deduction claimsAround 90,000 employees from PSUs and private sectors have withdrawn false tax deductions claims amounting to Rs 1,070 crore as of December...
16 Jan, 2025, 07.56 PM IST
‘It’ designer Gaurav Gupta takes on counterfeiters, files 9 cases with Delhi High Court suing them for Rs 2 crore eachDesigner Gaurav Gupta is taking a leading role in combating counterfeit luxury products in India. He has filed nine cases with the Delhi Hi...
14 Jul, 2024, 06.05 AM IST
17 Indian firms invited to join league of 'Global Growth Companies'These companies were nominated on the strength of their ability to become future global leaders and represent a broad spectrum of sectors.
05 Nov, 2014, 05.01 PM IST
76 new firms join WEF's Global Growth Companies CommunityGGCs are fast-growing companies with clear potential to become global economic leaders based on factors like business models, growth record...
09 Sep, 2013, 04.00 PM IST
GSPC hikes CNG prices by Rs 3/kg; industrial gas by Rs 1.90/unitGSPC Gas Company hiked prices of CNG by Rs 3 per kg, and of industrial gas by over Rs 1.90 per standard cubic metre (SCM).
04 Sep, 2013, 07.54 PM IST
GSPC hikes CNG prices by Rs 2 per kg; piped cooking gas by Rs4 per PSCMFor heavy users, the Piped Natural Gas (PNG) will cost Rs 40 per standard cubic metre, beyond 40 PSCM.
18 Jun, 2013, 10.57 PM IST
Budget 2013: No IT exemption for cash donations to political parties by companiesGovt today proposed to take away the income tax benefit on donations made in cash by corporates to political parties from April 2014 onward...
28 Feb, 2013, 04.05 PM IST
- Godrej Properties to launch fifth phase of Godrej Garden City township at Ahmedabad
Godrej Properties Ltd is going to launch the fifth phase of Godrej Garden City township project here soon, a top company official said toda...
20 Jun, 2012, 04.53 PM IST
- GSPC Gas Company increases gas prices, CNG to cost more
The company operates with a network of around 119 CNG outlets in Gujarat. GGC supplies gas to industry based largely in South Gujarat regio...
15 Nov, 2011, 11.06 PM IST