« Top Headlines » Open DEMAT Account in 24 hrs  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment?  How much gold jewellery can you keep at home? Nagpur ITAT explains rules on ownership, gifts, taxability  ?5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  Income-Tax Department Moves to Bring Greater Certainty to International Tax Cases «  New audit norms for central excise, service tax assessees... I-T form rules could prove troublesome to taxpayers... » New cos Bill to provide stiffer penalties July, 10th 2006 Stiffer penalties, including enhanced fines and imprisonment, as a deterrent against violations by corporates and provisions ensuring greater transparency and accountability will form part of the comprehensive Companies Law amendment Bill that is proposed to be tabled in Parliament in the winter session. The new companies Bill, which has taken liberally from the recommendations of the JJ Irani committee, will also virtually slash by half the original Act of 1956 which has about 781 sections that will make the law easy to understand and comply with.   In the new law, the punishment for violations by corporates will be commensurate with the offences like cheating of shareholders, misinformation, siphoning of funds and defaults, many of which have criminal intent, company affairs minister Prem Chand Gupta told PTI in an interview.