Man had Rs 2 crore bank deposit and didn’t file ITR, faced Rs 2.51 crore tax addition; ITAT Chennai quashes reassessment after Income Tax Department missed 6-year deadline by 5 days

The case concerned assessment year 2015-16 and the changes brought to the law governing reassessment notices from April 1, 2021. (Image for representative purpose) You don’t file your income tax return for an assessment year and some years after that the tax department sends you a notice over unexplained income for that AY. What happens…

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‘If Sonia Gandhi offered, would I refuse?’ Ashok Gehlot’s ‘big conspiracy’ charge on Congress presidential poll | India News

NEW DELHI: Former Rajasthan chief minister Ashok Gehlot has reignited discussions around the 2022 Congress presidential race and internal party turmoil, saying he would not have refused the top post if offered by Sonia Gandhi and the party leadership.His comments are being seen as reopening old fault lines within the Congress over the leadership transition…

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Mandhana, Harmanpreet and Deepti star as India post 285, reduce England to 21/1 on day 1 at Lord’s | Cricket News

India Post 285, Reduce England to 21/1 in Historic Lord’s Test (PTI photo) India and England shared the honours on an engrossing opening day of the historic first-ever women’s Test at Lord’s, with the visitors posting 285 before reducing England to 21/1 at stumps on Friday.After England captain Nat Sciver-Brunt won the toss and chose…

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Babar Azam returns to ICC Test top 10, Shan Masood returns to training ahead of England series

Shan Maso​od and Babar Azam Pakistan’s successful Caribbean campaign has brought a significant boost in the latest ICC Men’s Test Player Rankings, with captain Babar Azam returning to the top 10 while Abdullah Shafique and Sajid Khan also made notable gains. Babar’s rise comes after Pakistan secured an eight-wicket victory over the West Indies in…

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Sri Lanka 382/5 in 95.3 Overs

WI vs SL 2nd Test Day 2 Live: Sri Lanka ended the opening day of the second Test in complete control, reaching 338/5 at stumps against the West Indies at the Sir Vivian Richards Stadium in Antigua. Looking to bounce back after a disappointing defeat in the series opener, the visitors produced a dominant batting…

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