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TAX NOTICE RECALL
NSE flags regulatory, tech, AI, derivatives concentration risks in IPO papersThe National Stock Exchange raises a red flag regarding substantial financial and operational threats. Emerging regulatory frameworks, tech...- The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
- Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- Once an institution of warmth and wit, parties are now an embodiment of symbol over experienceA recent party at Gwalior's Jai Vilas Palace offered a glimpse of genuine connection, a stark contrast to years of superficial gatherings. ...
- GSTR-9 annual return FY 2024-25: Key change in reporting Table 6 explainedA significant change has been introduced in the GSTR-9 annual return form. This update, effective for FY 2024-25 with a December 31, 2025 d...
- India soars to 3rd spot in global aviation market, says IATAIndia's aviation sector has surged past pre-pandemic levels, becoming the world's third-largest in passenger traffic. IATA highlights risin...
- Aligarh sanitation worker, earning a meager Rs 15,000, gets I-T notice to pay Rs 34 crore — and he’s not the only oneSeveral low-wage earners in Aligarh have received massive income tax notices due to identity theft involving stolen Aadhaar and PAN card de...
- Honda, Toyota, Acura and other brands recall over 300,000 vehicles in the US: Full list hereThe National Highway Traffic Safety Administration (NHTSA) announced multiple vehicle recalls between January 27 and February 2, highlighti...
- No Section 87A tax rebate despite ITR filing forms being updated recently: How to claim Section 87A tax rebate with deadline ending on January 15, 202587A tax rebate: The ITR filing utilites for ITR-2 and ITR-3 has been updated on January 4, 2025 however, the JSON schema is not yet updated...
- Income Tax Department regrets issuing erroneous notices to taxpayers: Know the detailsIncome Tax Dept sent wrong tax notice to many: The tax department has erred in sending notices to many taxpayers for defective income tax r...
- 3 points to consider while analysing companies based on fundamentals“How much I analyze, I would still not know better than the promoter who is managing the business day to day. I can only look at the number...
- 600 Jan Dhan accounts under IT lens in Bihar and Jharkhand, naxal connection suspectedA total of 600 Jan Dhan accounts which have money deposits on an average in between Rs 1 to Rs 3 lakh are being probed in Bihar and Jharkha...
- Expedite sale of Vijay Mallya's jet: HC to Service Tax deptA division bench of Justices S C Dharmadhikari and B P Colabawala said immediate steps have to be taken by the department to complete the p...
- Vijay Mallya flew away just like 'Kingfisher' bird: HCThe court admitted the appeal filed by the Service Tax department which challenged an order passed by the Debt Recovery Tribunal in 2014.
- Vodafone tax case: Supreme Court rejects petition seeking review of orderThe Supreme Court has declined to reconsider its ruling that the tax authorities had no jurisdiction to tax Vodafone's offshore acquisition...
- Supreme Court bench split on black money recall directiveJustice Altamas Kabir in his judgement said that the plea was maintainable but Justice SS Nijjar said it was not.
- I-T asks local clients of HSBC’s Swiss bank to come cleanA few months ago, wealthy clients of HSBC’s Swiss private bank were rattled when a former employee of the British bank stole a mountain of ...
- Tax authorities pose 10 questions to BCCI on IPL issueIncome tax authorities have asked Board for Control of Cricket in India to respond by April 23 to 10 queries. Modi denies betting charges |...
- Single screens cancel shows or shut shop as dry spell continues‘Show Cancelled’ is a notice not many in Mumbai’s movie exhibition industry can recall ever using. Yet, in the past five weeks, with no new...
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