The income tax authorities in India are looking into the ‘residential’ status of many non-resident Indians (NRIs) with an aim to target undisclosed assets overseas.... Read More
Addition to Income
Prove Authenticity of Transaction to avoid Addition under Section 68 The Delhi High Court in the case of Commissioner of Income Tax vs. Gangeshwari Metal... Read More

New NRI’s targeted in the India’s Income Tax Evasion Crackdown
No addition under section 68 if one can prove the authenticity of a transaction
ITAT Amritsar: No Section 269SS Violation for One-Time Cash Payment Before Sub-Registrar
Tax Officials Unleash Digital Dragnet: How New Raid Powers Redefine Privacy, Property Rights in India and likely to Fuel Corruption
Income Tax Department Rewards for Reporting Tax Evasion: A Comprehensive Guide
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged?