ITAT Mumbai held that accommodation entries in the nature of bogus unsecured loans is liable to be added as unexplained under section 68 of the Income Tax Act. Accordingly, addition u/s. 68 confirmed.

Observing that the litigant had come with “not just unclean hands but absolutely dirtied and muddied hands”, the Bombay High ...

Welcome to the live updates platform for Hindustan Times. Follow the major news updates, headlines and breaking news stories ...

ITAT Mumbai held that when the reserve/provisions created in the year where the assessee has increased the book profit u/s. 115JB of the Act, the assessee is entitled to reduce the amount withdrawn ...

Tomorrow is Ampersand Day, and so we’ve curated a few cool facts and fun things to do around this important symbol in literature ...

In our Good News segment, watch the story of a Mumbai-based chocolate sculptor who has crafted edible Ganpati idols for this year's Ganesh utsav.

Catchphrase is an initiative by Professor Periyanayagi Subramaniam of the mass media department of St. Xavier’s College. This ...

The Bombay High Court has instructed Mumbai University to admit a Chhattisgarh student under the supernumerary quota for ...

Mumbai actor Kadambari Jethwani has alleged that she and her family memebrs were illegally arrested by three officers of ...

In his meticulously crafted booklet, an 82-year-old priest and scholar explores Mumbai’s Andheri West villages’ rich heritage ...

Actor Kangana Ranaut shares why she sold her bungalow in Pali Hill, Mumbai. She is currently awaiting the release of the ...

His residence, Antilia, located in the prestigious Altamount Road area of South Mumbai, stands as a testament to his opulence and architectural vision. Let’s delve into some fascinating and ...