₹1.33 Crore Cash Deposit, No ITR — Yet the Taxpayer Won: What This ITAT Bangalore Case Really Teaches Us When we look at a tax case involving ₹1.33 crore in cash deposits, no Income Tax Return , and an addition of nearly ₹48.73 lakh as unexplained money , the natural assumption is that the taxpayer would...
Mumbai Crime Branch Uncovers ₹500 Crore Cyber Fraud Network With Dubai Links Is article mein "maintained a separate ledger recording their transactions" ka direct mention hai — ledger-keeping bilkul bookkeeping ka core concept hai, toh bookkeeping services in India naturally f...
Meta Faces Calls for Prosecution Over CSAM and IT Law Compliance Calls for legal action against Meta have grown louder as the Indian government wrapped up its third consecutive day of discussions with the social media giant over compliance with Indian laws. The tal...
Meta Fined ₹8,958 Crore Over Child Safety Failures, US Court Imposes Strict Curbs A US court has hit Meta Platforms with a massive financial penalty in a case centred on child safety online. A New Mexico court has ordered Meta to pay an additional $567 million (around ₹5,392 crore)...
Assets Worth ₹131.13 Crore Attached in Kotak-Panchkula Fraud Case The Enforcement Directorate (ED), which is investigating an alleged fraud involving Kotak Mahindra Bank and the Panchkula Municipal Corporation (MC), has claimed that the alleged mastermind, Pushpinde...
Two Indian-Origin Men Wanted in Canada Over Apartment Rental Fraud Canadian authorities are looking for two Indian-origin men accused of defrauding people of more than ₹26 lakh (around CAD 30,000) through a fake apartment rental scheme in Ontario. According to invest...
Chennai Cyber Crime Wing Arrests 37 in Major Online Scam Investigation The Chennai Cyber Crime Wing has arrested 37 people and remanded them to judicial custody following an extensive investigation into multiple online scam cases across Tamil Nadu. The action is the resu...
When SEBI’s ₹15.88 Lakh Recovery Demand Came Down to ₹1,000: A Case About Interest, Disgorgement and Regulatory Recovery Regulatory disputes do not always end when the original order is passed. Sometimes, the real financial battle begins years later, when disgorgement, interest, recovery costs, bank attachments and subs...
Tiruppur Police Arrest 22 Cybercrime Suspects in Single-Day Operation Screen Off 3.2 Tiruppur district police pulled off a major single-day crackdown on Thursday, arresting 22 cybercrime suspects as part of a district-wide search operation called Operation Screen Off 3.2. The drive is...
Two Brothers Held for Allegedly Fabricating Records to Claim Government Property Uttar Pradesh Police have arrested two brothers accused of trying to illegally claim ownership of the land where the official residence of Moradabad's Senior Superintendent of Police (SSP) stands. Inv...
ED Charges 11 Accused in ₹899 Crore Bank Fraud and Money Laundering Case The Enforcement Directorate (ED) has filed a formal prosecution complaint against 11 accused — including Deepak Cables (India) Limited (DCIL) and several of its former executives — in a major ₹899 cro...
Payments Council Backs UPI MDR, Says Cybersecurity Needs Sustainable Funding As the debate over introducing a Merchant Discount Rate (MDR) on UPI transactions continues to heat up, the Payments Council of India (PCI) has stepped in with a call for a sustainable revenue model t...
