Bombay High Court upholds death penalty awarded to Vivek Palatkar  

Bombay High Court upholds death penalty awarded to Vivek Palatkar  

The Nagpur Bench of the Bombay High Court on Wednesday upheld the death penalty awarded to Vivek Palatkar, who was convicted in the case involving the gruesome murder of five members of his family. In April 2023, a sessions court had sentenced him to death after examining the testimonies of 29 witnesses. Palatkar had then approached … Read more

Govt has collected Rs 600 cr penalty for delay in PAN-Aadhaar linking; 11.48 cr PANs not linked yet

Govt has collected Rs 600 cr penalty for delay in PAN-Aadhaar linking; 11.48 cr PANs not linked yet

The Government collected ₹601.97 crore from the public as penalty for not linking PAN with their Aadhaar from July 1, 2023 to January 31,2024. The last date for linking PAN with Aadhaar was June 30, 2023. Representational Image. The Government has collected over ₹600 crore as penalty for delay in linking PAN with Aadhaar, and … Read more

Tax Calendar 2024: Crucial income tax-related target dates in January, February and March

Tax Calendar 2024: Crucial income tax-related target dates in January, February and March

Income Tax Calendar 2024: The new year has started and the Income Tax department has already shared the tax calendar for this year. It is crucial to note the income tax-related deadlines to avoid paying fines and penalties. Usually, the last date to file the Income Tax Return (ITR) for FY 2023-24 (AY 2024-25) without … Read more

ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24, says IT department

ITR Filing: Over 8 crore income tax returns submitted for AY 2023-24, says IT department

The Income Tax Department on Friday said over 8 crore income tax returns were filed for assessment year 2023-24 till date. In a post on X, I-T deparment said: “Unique landmark for the Income-tax Department! Over 8 crore ITRs filed for the AY 2023-24 till date,” the income tax department said in a post on … Read more

ITR filing: What are the consequences of missing December 31 income tax return filing deadline?

ITR filing: What are the consequences of missing December 31 income tax return filing deadline?

Sometimes, individuals might be unaware of the deadline for various reasons, such as not receiving notifications, overlooking communications, or assuming incorrect deadlines.- Besides, it may happen that financial hardships or difficulties hinder someone from gathering the necessary funds to pay for professional tax assistance or to cover potential tax liabilities, leading to delays. However, missing … Read more

DGCA slaps ₹10 lakh penalty on Air India

DGCA slaps ₹10 lakh penalty on Air India

Aviation watchdog DGCA has imposed a penalty of ₹10 lakh on Air India for its failure to comply with norms pertaining to facilities that are required to be provided to passengers. After carrying out inspections of airlines at Delhi, Kochi and Bangalore airports, the regulator observed that Air India was not complying with the provisions … Read more

Palaniswami condemns levy of 1% penalty on delayed payment of property tax in T.N.

Palaniswami condemns levy of 1% penalty on delayed payment of property tax in T.N.

AIADMK general secretary Edappadi K. Palaniswami | Photo Credit: JOTHI RAMALINGAM B AIADMK general secretary Edappadi K. Palaniswami on Friday condemned the DMK government’s move to levy a penalty for delayed payments of property tax, for those living in municipal corporations.   In a statement, Mr. Palaniswami recalled that Chief Minister M.K. Stalin, while in … Read more

Death penalty for a daughter

Death penalty for a daughter

“She was a dreamer,” says Sandeep Vats, 28, before taking a long pause to regain his composure. Then he says, with some bitterness, “Her family so miserably failed to understand her. They just didn’t let her be happy.” His wife, Anjali Deshwal, 22, was strangled to death on August 17, allegedly by her parents and … Read more

SAT stays Sebi order against IIFL Securities

SAT stays Sebi order against IIFL Securities

Mumbai: The Securities Appellate Tribunal (SAT) on Tuesday stayed the Securities Exchange Board of India’s June 19 order prohibiting IIFL Securities from onboarding new clients for two years for alleged regulatory violations that pertain to segregation of clients’ funds. Following the SAT stay, IIFL Securities shares surged 3.9% on Tuesday. The regulator, in its order, … Read more

Bhopal-Ujjain train blast case: NIA court awards death penalty to 7 of 8 convicts

Bhopal-Ujjain train blast case: NIA court awards death penalty to 7 of 8 convicts

National Investigation Agency Special Court on February 28 gave death sentences to seven out of eight convicts in the Bhopal-Ujjain passenger train blast case. | Photo Credit: V. SUDERSHAN National Investigation Agency Special Court on February 28 gave death sentences to seven out of eight convicts in the Bhopal-Ujjain passenger train blast case. Another was … Read more