News

The Reserve Bank of India (RBI) has imposed a penalty of Rs 70,000 on Repco Home Finance Limited over Non-compliance with 'Fair Practice Code' directions.

RBI Levies penalty of Rs. 70,000 on Repco Home Finance Over 'Fair Practice Code' Non-Compliance

Judgement

ITAT deletes Section 14A addition, allows dredging expenses and remands reconciliation dispute.

Jetty Operator Wins Rs. 4.49 Crore Dredging Expense Claim; ITAT Deletes Section 14A Disallowance and Remands Form 26AS Mismatch Addition

The board approved the appointment of a new CFO following recommendations from its key committees.

RBL Bank Appoints New Chief Financial Officer

EPACK Durable received significant tax relief after the Income Tax Department reduced its tax demand from Rs 29.03 crore to Rs 5.89 crore through a rectification order.

EPACK Durable Gets Major Tax Relief as Income Tax Demand Drops from Rs 29.03 Crore to Rs 5.89 Crore

Tribunal remands matter after finding assessee denied access to relied-upon evidence and statements.

Gurgaon Resident Hit with Rs. 18 Lakh Unexplained Income Addition Based on Alleged Cash Rent from Liquor Group; ITAT Orders Fresh Assessment

Gurgaon Resident Hit with ₹18 Lakh Unexplained Income Addition Based on Alleged Cash Rent from Liquor Group; ITAT Orders Fresh Assessment

This financial year, taxpayers need to be more cautious while filing their ITRs, as the Tax Department is sending bulk automated intimations and emails to taxpayers making these mistakes.

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RBI Levies penalty of Rs. 70,000 on Repco Home Finance Over 'Fair Practice Code' Non-Compliance

Jetty Operator Wins Rs. 4.49 Crore Dredging Expense Claim; ITAT Deletes Section 14A Disallowance and Remands Form 26AS Mismatch Addition

RBL Bank Appoints New Chief Financial Officer

EPACK Durable Gets Major Tax Relief as Income Tax Demand Drops from Rs 29.03 Crore to Rs 5.89 Crore

Gurgaon Resident Hit with ₹18 Lakh Unexplained Income Addition Based on Alleged Cash Rent from Liquor Group; ITAT Orders Fresh Assessment

Income Tax Dept May Send You Notices for These Common Mistakes