News for 'Income Tax Appellate Tribunal'

Why is govt taking pangas with RBI, CBI etc?

Why is govt taking pangas with RBI, CBI etc?

Rediff.com23 Nov 2018

Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.

Keep records of transactions or face penalty

Keep records of transactions or face penalty

Rediff.com18 Nov 2013

It is the duty of a tax payer to record all his/her transactions, to explain sources of payments made by him/her and to declare the true income in the returns of income filed every year.

Govt notifies rules for asset valuation under black money law

Govt notifies rules for asset valuation under black money law

Rediff.com3 Jul 2015

The fair market value of an immovable property will be higher from the acquisition cost.

Avoid whips, threats, I-T dept tells officers

Avoid whips, threats, I-T dept tells officers

Rediff.com8 Nov 2014

The Union finance ministry has asked field officers of the income tax department to not be adversarial to assessees, and to not send high-pitched demands without a proper basis.

Shah Rukh in trouble! I-T dept attaches Alibag farmhouse

Shah Rukh in trouble! I-T dept attaches Alibag farmhouse

Rediff.com31 Jan 2018

The allegation against Khan is that he had applied to purchase the agricultural land for farming but constructed a farmhouse for personal use instead.

What Went Wrong at Axis Mutual Fund

What Went Wrong at Axis Mutual Fund

Rediff.com24 May 2022

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu.

NCLT junks Mistry's plea against his removal from Tata Sons

NCLT junks Mistry's plea against his removal from Tata Sons

Rediff.com9 Jul 2018

NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to Ratan Tata, N Soonawala and others.' "The Board is competent to remove an executive chairman. Mr Mistry's removal from the position of director came because he admittedly sent out company information to the I-T (department), press, and came out in public against the board and the trust."

When India got her first female Supreme Court judge

When India got her first female Supreme Court judge

Rediff.com8 Mar 2017

It was in 1989, 39 years after the setting up of the Supreme Court in 1950, that Justice M Fathima Beevi was appointed. Meet the brilliant legal minds who have shattered the glass ceiling since then.

Of Welspun, Cyprus and the FEMA conundrum

Of Welspun, Cyprus and the FEMA conundrum

Rediff.com9 Mar 2015

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just FEMA. The Prevention of Money Laundering Act too has significant infirmities, say Paranjoy Guha Thakurta and Pranati Mehra.

Return of the Licence Raj!

Return of the Licence Raj!

Rediff.com6 Mar 2018

Are we creeping back to controls on corporate decision making? Three moves over the past eight months reinforce this notion, says Kanika Datta.

Nokia's young retirees face an uncertain future

Nokia's young retirees face an uncertain future

Rediff.com20 May 2014

The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.

Is Vijay Mallya on the comeback trail?

Is Vijay Mallya on the comeback trail?

Rediff.com2 Jun 2015

After being forced to resign as chairman of MCF, Mallya is now keen on increasing his stake in the company

Why SC ruling on AGR is crucial for India's telecom sector

Why SC ruling on AGR is crucial for India's telecom sector

Rediff.com20 Jun 2017

For the PMO this is urgent as the Digital India framework would depend on how the telecom companies perform. It is also linked to the proposed auction of 5G airwaves.

Visionary Budget but devil lies in the implementation

Visionary Budget but devil lies in the implementation

Rediff.com2 Mar 2015

The government has provided a long-term vision.

Pro-CAA remark puts Rajini in BJP's court

Pro-CAA remark puts Rajini in BJP's court

Rediff.com7 Feb 2020

While critics and protestors have multifarious arguments to offer, the defence of CAA has been uni-dimensional and uni-focussed as has been the case with most policies of the Modi government and the political positions of his party. But to be drawn into an issue that has assumed more than local and national dimensions, Rajini has knowingly or otherwise, taken the plunge and in favour of the BJP -- or, so it has come to be seen, says N Sathiya Moorthy.

Government faces flak over Finance Bill in Rajya Sabha

Government faces flak over Finance Bill in Rajya Sabha

Rediff.com27 Mar 2017

The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.

The IPO scam that changed India's primary market

The IPO scam that changed India's primary market

Rediff.com2 Aug 2016

Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.

Why no one has gone to jail for money laundering

Why no one has gone to jail for money laundering

Rediff.com13 Jun 2016

The Enforcement Directorate has managed to sniff out over Rs 9,000 crore as suspected haul from money laundering in a decade, but it has yet to link those against anyone successfully in a court.

Will 2015 bring good news for realtors?

Will 2015 bring good news for realtors?

Rediff.com31 Dec 2014

In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.

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