The ITAT deleted Rs. 59.39 lakh added under Section 69A, holding that the assessee’s cash deposits during demonetisation were fully explained via cash books and bank statements. The ruling reinforces ...

I said a couple of weeks ago that I thought allowing Indian political parties to deposit unlimited amounts of cash during demonetisation was a clever idea. On the grounds that we do know that Indian ...

The Supreme Court’s dissenting verdict on the 2016 demonetisation exercise may only be a slap on the wrist of the Central government but it is a welcome one, Congress MP P Chidambaram said on Monday. ...

Congress blames BJP for BLO deaths, likening SIR implementation to demonetisation and COVID-19 lockdown, demanding justice ...

Appeal delayed by 252 days due to counsel’s oversight was condoned by ITAT citing reasonable diligence. Tribunal then reduced unexplained cash addition under Section 69A to ₹1.8 lakh using a fair ...

Mumbai: A special CBI court pulled up the agency for failing to return Rs50,000 seized from the applicant Peres Pezarkar ...

The demonetisation of high-denomination currency notes on November 8, 2016, was a way of converting black money into white, Supreme Court’s Justice BV Nagarathna said on Saturday, Bar and Bench ...

In November 2016, India made an unexpected economic move and demonetised 86 per cent of the country’s currency in circulation. One year on, any assessment of India’s demonetisation policy is clouded ...

Offering one last chance to black money holders, the Indian government on Friday said they have time until March-end to come clean by paying 50 per cent tax on bank deposits of junk currencies made ...

Forget the usual debates about demonetisation being a hit or a miss. It has achieved its stated objective, the formalisation of the Indian economy, in large measure In the wake of the demonetisation ...

"Hard" scientists like physicists, biologists and chemists love experiments, which can be expensive. For instance, the Future Circular Collider used for detecting sub-atomic particles like bosons will ...