NSE close · Thu, 1 OctNifty 5022,421.95▼ 0.88%Nifty Bank54,450.75▼ 0.33%Midcap 10058,732.00▼ 1.01%Smallcap 25017,589.05▼ 1.18%India VIX14.46▲ 7.19%IT28,304.70▲ 2.17%Auto25,384.95▼ 3.46%Pharma26,311.55▼ 0.48%FMCG43,789.85▼ 1.61%Metal12,460.70▼ 2.35%Realty835.00▼ 1.46%Energy36,388.15▼ 0.68%PSU Bank7,937.80▼ 0.98%Financials24,556.10▼ 0.38%Media1,546.30▼ 2.33%Defence9,142.55▼ 1.45%Durables35,927.80▼ 1.91%Biggest movesMONEYVIEW▲ 58.5%MOLBIO▲ 15.6%THOMASCOTT▲ 12.3%AUGMONT▲ 10.0%HEROMOTORS▲ 10.0%VIVIANA▲ 10.0%LOKESHMACH▲ 9.5%ANAWIL▼ 11.0%
Topic
Income tax● ±0% net tone today
- The Income-tax Appellate Tribunal rejected the tax department’s attempt to withhold statutory interest
- ESOPs are not taxed immediately when granted as part of employee compensation
- Officials found Rs 1.12 crore in Indian currency and foreign currency worth Rs 4.34 lakh
Stories per day
727 Sept
1228 Sept
729 Sept
730 Sept
51 Oct
92 Oct
13 Oct
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