Conclusion and Outcome: The High Court held that the addition sustained by the ITAT lacked evidentiary basis and was founded on unwarranted suspicion. The assessee had duly discharged the onus placed ...

MCA is reviewing SEBI’s interim order against Gensol Engineering over alleged fund diversion and forged documents. Promoters ...

According to the order, the misuse of funds was routed through intricate financial arrangements, raising serious questions ...

Over my forty years or so in and around dealing rooms and financial markets, I have heard many theories as to how to approach that problem and have settled on a process that has worked for me ...

During the Saudi trip, MACC recorded statements on 29 November 2015 from the purported Saudi royal Prince Saud Abdulaziz ...

Sebi has also proposed to seek a forensic audit of the books of Gensol Engineering and its related parties, with the ...

At least S$407,000 has been lost to phishing scams impersonating the Land Transport Authority's (LTA) OneMotoring platform ...

Diamond merchant Mehul Choksi, wanted in the Rs 13,500 crore PNB scam, was finally arrested in Belgium on Saturday, April 12, ...

The Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) accused Mehul Choksi of masterminding a Rs ...

The PNB scam first came to light in early 2018, involving Mehul Choksi and his nephew Nirav Modi. The two businessmen ...

See how we rate credit cards to write unbiased product reviews. Foreign transaction fees are applied to purchases made in a foreign currency. The amount you pay in foreign transaction fees is ...

Thinking about selling your business or a piece of real estate? You’ll likely need to start with a Letter of Intent (LOI), so ...