Money

Rs 1 cr insurance claim rejected after mother’s death; insurer told to pay son Rs 99 lakh

Delhi ITAT ruling: How relative’s airline job cleared businessman of tax penalty on foreign currency found in raid

• A relative’s airline job helped establish the businessman’s ownership of foreign currency found in a raid
• The case highlights the need for credible evidence of cash ownership and source to contest tax penalties
• Indian taxpayers facing search-related foreign-currency seizures may need evidence of ownership and source to contest penalties

Woman ignores 4 tax notices, faces Rs 1.55 Cr tax additions: What ITAT says next

Tax refund interest can't be denied merely because of incorrect ITR