Searched for
INCOME CONCEALMENT
Tamil Nadu spends too much; Bengal earns too little: A tale of two deficitsTamil Nadu and West Bengal ended 2023-24 with revenue deficits, but their fiscal challenges differ significantly. Tamil Nadu's deficit stem...- Ram temple donation theft row: SIT finds repeated instances of employees concealing cashA Special Investigation Team found employees allegedly concealing cash during donation counting. Serious security and supervision lapses we...
- Ram temple donation probe finds accused built houses, bought SUVs on modest salariesInvestigators uncover a significant financial discrepancy at the Ram Temple in Ayodhya, with accused individuals showing assets far exceedi...
- ED tells Delhi Court Robert Vadra allegedly exercised 'ultimate control' over London propertyAppearing before the Court, the ED submitted that the present filing is a supplementary prosecution complaint and that cognisance in the ca...
- Mercury Retrograde in Cancer 2026: Dates, Effects and What Every Zodiac Sign Should Do Before June 29Mark your calendar. Mercury, the planet of communication, intellect, and decision-making, stations retrograde in the emotionally charged si...
- ED probes auditors, vendors for colluding with CMRL MD in Kerala money laundering caseThe Enforcement Directorate is investigating Cochin Minerals and Rutile Limited (CMRL) for alleged money laundering, focusing on payments t...
- Chinese Proverb of the Day: “The woman who tells her age is either too young to have anything to lose or too old to have anything to gain” — Life lessons on perception, social expectations, judgement, experience and why confidence speaks louder than ageChinese Proverb of the Day highlights the meaning of “The woman who tells her age is either too young to have anything to lose or too old t...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- Why the world is betting on China again, and what India must do about itChina's business environment prioritizes market share with strong government backing. The nation has shifted to high-quality, high-speed pr...
- Welcome to Trump’s America, where the visa dream is getting harder to keep alivePresident Trump's second term is tightening legal immigration pathways, including student visas and green card applications. New policies r...
- Barney Frank dies at 86: Who was the liberal firebrand behind Dodd-Frank, Wall Street reform, and America’s LGBTQ political revolution?Who was Barney Frank? The death of Barney Frank marks the end of one of the most consequential and controversial political careers in moder...
- From 'pure milk' to Scotch: Bihar’s secret language of liquorBihar's decade-old alcohol ban has not stopped drinking. Instead, it has fueled a secret delivery system. Coded words like 'pure milk' and ...
- Employee fined Rs 10 lakh over lack of ESOP disclosure in ITR; here's why ITAT Chennai cancelled itAn Indian employee faced a Rs 10 lakh penalty for not disclosing foreign ESOPs in his Income Tax Return. The Income Tax Appellate Tribunal,...
- Tax dept deducted Rs 10 lakh from guy’s bank a/c on suspicion of income concealment; he fights back and wins case in ITAT AhmedabadA Gujarati businessman successfully challenged the Income Tax department's action. The department had debited Rs 10 lakh from his bank acco...
- Concealed income by mistake? No I-T penaltyThe ITAT dismissed the penalty on the ground that the taxpayer had no mala fide intent to evade tax or claim refunds dubiously.
- Income tax department set to prosecute K K Modi for alleged concealment of incomeLast week, the ITD, revived prosecution proceedings and issued notices to KK Modi, seeking his response, before filing the proceedings, in ...
- IT defaulter cannot be absolved of penalty by voluntarily disclosing income: Supreme CourtAn income tax defaulter cannot be absolved of paying penalty by just making a voluntary disclosure after being caught for hiding the income...
- Levy penalty only if income concealment is proven: SCIn a judgement that will clear the air on the tricky issue of the income-tax department’s power to levy penalties on assessees, the Supreme...
- Block assessments to go, audit limit may be hikedThe Budget is expected to do away with the system of block assessments under the Income-tax (I-T) Act. The budget is also expected to raise...
- Block assessments on way out, audit limit to go upThe budget is expected to do away with the system of block assessments under the Income-tax Act. The budget is also expected to raise the l...
Load More
