The NFAC had upheld the Assessing Officer’s (AO) addition of ₹72,81,670 under Section 69 of the Income Tax Act, 1961, treating all credits found in the assessee’s bank accounts as unexplained money.

The report includes audited financial statements and offers shareholders the option to receive a hard copy free of charge upon request. The Brazil-based company, listed on BM&FBOVESPA under the ...

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 12.5%, if your total long term capital gain exceeds 1.25 lakh. Any cess/surcharge is not ...

Investing.com - China growth reassures against hard landing.Oil passes $51 on inventory draw.U.S. earnings may break losing... Investing.com – U.S. equities were mixed at the close on Thursday, as ...

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Yes — if you’re sitting on extra cash and would like a safe place to stash it at a decent interest rate. The latest: The top rates on online bank accounts, money market mutual funds, and short ...

Upon reviewing HDFC Bank’s response and additional submissions, RBI identified two critical areas of non-compliance: Risk categorisation failure: The bank failed to categorise certain customers ...

HDFC Bank is the largest bank in India in terms of market cap and the thirteenth-largest bank in the world on the same terms. As one of the leading private banks in India, it holds a prominent ...

We want to hear your reaction to Reeves’ spring statement. Is there anything you would change from her announcement on Wednesday? What do you think the chancellor’s top priority should be?

Rachel Reeves, Chancellor of the Exchequer leaves No.11 Downing Street to deliver a spring statement in the House of Commons Spring Statement (Picture: Victoria Jones/Shutterstock) Chancellor ...

The Independent spoke to experts to see not just what might emerge from the Spring statement, but how it might affect you. While the government are desperate to avoid comparisons with the still ...