Tax Guru2h
AO couldn’t reopen old Assessments using future amendment banning Goodwill depreciation and in absence of reasons to believe
AO issued a notice under Section 148 to reopen the assessment on the ground that the company had wrongly claimed Rs. 17.37 crores as lease payments under revenue expenditure, had improperly accounted ...
Tax Guru7h
Cash deposits during demonetization out of earlier withdrawals cannot be added
ITAT Bangalore held that addition under section 69A towards cash deposits during demonetization deleted since cash deposit ...
Maharashtra: Global Terrorist Family Receives Funds Under The Guise Of ISIS Financial Aid, Reveals ATS Chargesheet
Mumbai: The Maharashtra Anti-Terrorism Squad (ATS) has revealed shocking new details in the Huziaf Sheikh honey trap case, as ...
Why You Should Check Your Bank Statement Every Month
A bank statement provides an overview of activity in your account over a certain period of time, usually one month. Among ...
DWP statement on new anti-fraud powers to check claimant bank statements
However, the DWP has clarified that it will not directly access people's bank accounts. The Government was questioned about ...
DWP update on new powers to check claimant bank accounts in fraud bill
The DWP has clarified that it will not directly access people's bank accounts. The Government was asked if it had considered ...
Malaysian police and local bank warn public about 'lottery scam'
Bank Islam Malaysia says Facebook posts claiming the lender is running an online lottery where customers can win generous ...
More than $230,000 lost to PDPC officer impersonation scam; at least 4 cases reported
Victims were told their mobile numbers had been used for criminal activities in Malaysia. Read more at straitstimes.com.
DOGE seeks access to highly sensitive taxpayer data at IRS
Elon Musk’s Department of Government Efficiency is seeking access to the Internal Revenue Service’s highly sensitive taxpayer ...
RBA poised to reduce cash rate by 25 basis points
Following nine consecutive meetings on hold, markets are pricing in a 90% probability that the RBA will reduce the Cash Rate ...
Drum beats and politics: how RBA rate calls are really made
The Reserve Bank board has always done what it believes is right. But former senior officials say it hasn’t stopped ...