Category : Search result: Penalty for Non Disclosure


Ahmedabad Schools Must Disclose All Shifts by June 17

Ahmedabad DEO directs private schools to submit shift-wise approval documents by June 17. Action follows complaints of hiding second shifts to avoid allocating mandatory RTE seats. Read for details.

How to Declare US RSUs in Your Income Tax Return

Chartered accountant Mahesh Nayak received a tax notice for undisclosed foreign assets. Learn how to correctly declare US RSUs in your ITR, including cost vs. current value and filing a revised return.

Why Honesty is Crucial for Health Insurance Claims

Concealing health details can lead to claim denial & policy cancellation. Learn why full disclosure is key to securing your family's financial health against 12-15% medical inflation. Read more.

Non-Stick Pan Guide for Indian Kitchens

Master non-stick cookware for Indian homes. Learn types, top picks, and care tips for durable, healthy cooking. Win a ₹5000 Amazon voucher!

Disclose Foreign Assets in Revised ITR by Dec 31

Indian taxpayers can still disclose foreign income & assets by filing a revised ITR before December 31. Learn about Schedule FA, FSI, and how to avoid heavy penalties under the Black Money Act.

Trump on Epstein Files: Defends Clinton, Criticizes DOJ

Donald Trump comments on the release of Jeffrey Epstein files, defending Bill Clinton's reputation while criticizing the Justice Department's process. Read about the political fallout and bipartisan anger.

IT Dept Asks MNCs to Alert Staff on Foreign Assets

Income Tax department contacts multinationals, urging them to warn India-based employees to disclose foreign income & assets by year-end or face ₹10 lakh penalty under Black Money Act.

SC Backs SEBI Fine on RIL for Jio-Facebook Disclosure Lapse

India's Supreme Court dismissed RIL's appeal, upholding a ₹30 lakh fine for delayed disclosure of the ₹43,000 crore Jio-Facebook deal. The court emphasized listed companies' duty to clarify market speculation. Read the full verdict details.

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