62650790 Fraudulently claiming tax refunds by misreporting income or showing false losses which reduce taxable income can attract heavy penalties. Section 270 of the ncome Tax Act was amended in
The MCA-appointed 3-member expert panel to recommend an oversight mechanism to regulate multinational accounting firms (MAFs) has sought more time from the Supreme Court, a top Government official
As many as 21 public sector banks and three major private sector lenders collected a whopping Rs 5,000 crore from customers for non-maintenance of minimum balance in their
Jet AirwaysNSE -4.30 % has informed its employees that the airline will not be able to operate beyond 60 days unless cost cutting measures, which include pay cuts,
Next time you book flight tickets online, you may get the confirmation message on WhatsApp. And if that flight is delayed, the airline could send you a WhatsApp
Overruling its 21-year-old verdict, the Supreme Court today said that when there is ambiguity in tax exemption notification, the benefit of such uncertainty must be interpreted in favour
Kalyan Jewellers has withdrawn their advertisement series featuring Bollywood star Amitabh Bachchan, his daughter Shweta Bachchan Nanda and Malayalam actor Manju Warrier after legal action was threatened against them for portraying bank employees in a negative
Early last year, officials from a Mumbai-headquartered conglomerate, weighed down by its massive debt, sent a top finance executive to Chennai, to work out a big-ticket loan from
A wagon of a goods train from Vishakhapatnam in Andhra Pradesh took over three years to reach its destination in Uttar Pradesh, highlighting the negligence of the Indian
