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1789651950 tax notice

She declared Rs 43,796 income but omitted Rs 14.02 lakh interest from her ITR; tax officer imposed a 200% penalty of Rs 4.85 lakh, but ITAT cut it to Rs 1.21 lakh

The NRI woman declared an income of Rs 43,796 for the assessment year 2020-21. (Image for representative purpose only) You file your income tax return but end up under-reporting your income. But, the Income Tax Department treats it as mis-reporting of income and imposes a heavy penalty on you. What happens then?This is the case...
ipo ani

Busy Thursday: 6 listings & a mega IPO

Day will also witness the listing of six companies after their IPO bids closed last week MUMBAI: Thursday is going to be a busy day for Dalal Street. While the much-awaited NSE IPO will open for subscription, the day will also witness the listing of six companies after their IPO bids closed last week.These companies,...
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