The judgment reiterates that additions under Section 68 cannot be based on presumptions or suspicion without supporting evidence. It held that the Assessing Officer must bring material on record ...

The issue involved SBN deposits treated as unexplained despite being part of recorded sales. The Tribunal held that taxing the same amount again results in impermissible double ...

MUMBAI- The Mumbai Police’s Economic Offences Wing (EOW) has recorded fresh statements from Shilpa Shetty and her businessman husband, Raj Kundra, as part of the ongoing investigation in the alleged ...

Demonetization was meant to destroy black money and reset India’s economy. Years later, evidence shows hidden wealth is still thriving. This breakdown explores why the bold move failed. Trump’s ...

REFORMING the Philippines’ decades-old bank secrecy law offers a far more effective way to curbing corruption than removing high-denomination banknotes from circulation, Bangko Sentral ng Pilipinas ...