Held: AO had issued a notice under Section 148 calling upon assessee to deliver its return of income for the AY 2015-16 within a period of thirty days from the date of service of the said notice.

ITAT Ahmedabad held that addition towards unexplained cash credit under section 68 of the Income Tax Act not justified since loan transactions were done through banking channels and loans were repaid ...

According to NASDAQ’s Global Financial Crime Report 2024, fraud losses totalled $485.6 billion from a range of devastating ...

Discover Financial's new CEO navigates acquisition talks with Capital One amidst regulatory probes. Learn why DFS stock is a ...

Under the Liberalized Remittance Scheme, Indian residents are allowed to remit up to $250,000 annually. Platforms like Vested ...

BENGALURU: The Northeast CEN Police arrested three individuals for extorting Rs 11 crore from a software engineer by ...

Our senior tech expert provides a comprehensive guide for seniors to understand the nuances of debit cards versus digital ...

Mumbai: In a bid to tackle rising financial frauds, the Reserve Bank of India (RBI) has asked lenders and payment companies to use only the ‘1600xx’ phone numbering series to call customers for ...

The boss of a golf company says the son of AFL great Robert “Dipper” DiPierdomenico should be jailed after he fleeced $140,000 to fund his gambling addiction.

Absa expects five types of fraud to be prevalent this year: eCommerce fraud, authorised push payment (APP) fraud, account takeovers, new digital payments, and deepfakes.

A retired government official from Faridabad was duped of Rs 40 lakh by fraudsters posing as TRAI and Mumbai Police officials, who placed her under ‘digital arrest’ for 18 days, police said on Sunday.

The Anti-Corruption Commission (ACC) filed two separate cases against former cabinet secretary Kabir Bin Anwar and his wife ...