With filing possible only online, there is no scope for any error.
Concerned over attempts to monopolise its traditional knowledge, India on Tuesday asked the United States to tighten its Intellectual Property Rights regime and put in place proper disclosure norms for companies filing for patents.
The department apparently suspects the use of shell firms or front entities in some aspects of such remittance. Money might, it suspects, have moved in some cases from tax-free jurisdictions or tax havens to accounts in the UAE and some South Asian countries.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
The fair market value of an immovable property will be higher from the acquisition cost.
DLF Ltd on Friday said it was reviewing an order from the country's market regulator that fined the company and its top management $8.4 million.
'The government believes there is still significant scope to bring more people under the tax net and collect the right amount of taxes, in cases where taxpayers are underpaying,' says Kuldip Kumar, partner and leader personal tax, PwC.
Looking for a way out, property developers deal in banned notes.
In Reserve Bank offices, 59 CVPS machines are used and each machine is operated by a set of five persons under a supervisor who supervises a cluster of machines
Enforcement Directorate to approach court to attach industrialist's properties worth Rs 4,000 crore
This is the new addition to the tax data, which had identified over 600,000 people for scrutiny over huge inconsistencies in the cash deposits
They have been accused of asking anti-Citizenship Amendment Act protesters to go to 'any extreme', spreading discontent in the community by calling CAA/National Register of Citizens anti-Muslim, and organise demonstrations to 'malign the image of the Government of India'.
ED orders Chanda Kochhar to appear with asset lists also provide income-tax returns in her individual capacity and of companies if she was a director or held any position.
The Delhi high court on Tuesday stayed the proceedings before the trial court in the CBI's INX Media corruption case involving Congress leader P Chidambaram and his son Karti.
Promoter holding in Unitech, the nation's second-largest property developer, has dropped by 7 per cent since their September disclosure after lenders sold the shares pledged with them, according to analysts.
Cases filed in 3 high courts.
The apex court directed Mallya, who is currently in the United Kingdom, to appear before it on July 10 to argue on the quantum of punishment in the matter.
The list includes Gautam Adani's brother Vinod Adani among others.
'We have not issued notices randomly.' 'We have done the risk profiling of individuals, and sent to those whose profile has not matched with their declared income.'
Former Union Minister Shashi Tharoor has informed the Kerala High Court that he had not acquired any assets of his late wife Sunanda Pushkar either individually or jointly with her son or anybody else as her movable and immovable assets are not yet "ascertainable or estimable".
The development comes a day after RCom posted a consolidated loss of Rs 30,142 crore for July-September 2019 due to provisioning for liabilities after the Supreme Court ruling on statutory dues.
Sebi said Thapar-promoted and -related entities owed Rs 1,723.19 crore as receivables to the company, while connected parties owed another Rs 462.74 crore.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries
Ramesh released some fresh documents including one of 1949 which showed that the Dholpur Palace was owned by the Rajasthan government.
The crackdown on black money has led to seizing of Rs 3,963 crore of smuggled goods in two years.
In the first tranche, the department will send out letters in 100,000 cases where the money spent is at least Rs 1 crore (Rs 10 million) each a year.
The amnesty scheme is a 'practical and pragmatic' approach to bring back the black money stashed abroad, the chairman of Assocham's Legal Affairs Council R K Handoo said on the sidelines of the release of a study on black money in New Delhi on Friday.
Hiring a legal expert will help you pre-empt crises and mitigate losses.
Out of these, no balance has been found in case of 289 accounts
The devastation caused by the current deluge has damaged hundreds and thousands of homes and vehicles.
India may outshine China in receiving foreign investments because of its better corporate disclosure, stronger property rights and a more investor-friendly legal system.
The banks also wanted disclosure of assets of Mallya's other close relatives and former relatives, including his ex-wife, which was objected by his counsel.
In the previous Budget, the government had come out with a similar scheme.
The initiative is being undertaken by the government of Karnataka, considered one of the leaders in the technology space. Currently, India doesn't have such a platform and, globally, there are very few privately-run platforms.
Is Minister of Women and Child Development Maneka Gandhi opening another minefield with the introduction of mandatory pre-nuptial agreement before marriage or will this proposed legislation help streamline the dissolution process of a marriage given the spiralling divorce rates in our country? Rashme Sehgal speaks to lawyers on the issue.
RTI activist Anil Galgali had asked SBI about the total amount of loans given to the beleaguered businessman.
China's former security czar Zhou Yongkang was on Friday charged with bribery, abuse of power and intentional disclosure of state secrets, making him the senior-most official to face trial in recent decades.
Vadra launched Skylight Hospitality four months after the DLF shares got listed, amid complaints of inadequate disclosure from investor associations and former business partner Kimsuk Krishna Sinha.
The department gets data of high-value transactions under the Annual Information Return.
India cannot afford to be complacent about a possible Pakistan resort to military options across the LoC, warns Rana Banerji, who headed the Pakistan desk at the Research and Analysis Wing, India's external intelligence agency.
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