Back
Priyansh Khimani
AI Automation | Grow...Ā ā¢Ā 6m
Earning ā¹30 Cr in a short period will definitely catch the tax departmentās attention. Section 68 deals with unexplained cash creditsāif he can't justify the income source properly, tax authorities will assume it's undisclosed income. But 12.80 Cr tax seems high! Maybe penalties were added? What do you thinkāis this justified, or should there be some relaxation for such seasonal earnings?
More like this
Recommendations from Medial
Mohd Rihan
Student| Passionate ...Ā ā¢Ā 6m
Zomato Finances of this year::: Revenue: 5405 cr Expenses: 5533 cr Loss:128 cr Non operating income (invested in FD, IPO and from other places): 252 cr Income- Loss=124 cr After tax: 59 cr Means, Zomato is earning from interest and FD's than actual
See More
calculus
Your Bottom Line Our...Ā ā¢Ā 3m
š¢ Income Tax Filing Awareness ā Donāt Miss the Deadline! āļø Filing your Income Tax Return (ITR) is mandatory if your annual income exceeds the exemption limit. āļø It helps you avoid penalties, claim refunds, and build a strong financial record. āļø
See More
CA Rahul Nahata
Ā ā¢Ā
UpworkĀ ā¢Ā 1m
š Why Tax Planning is Crucial: A Real-Life Client Insight Tax planning is not just about saving taxesāitās about avoiding penalties, improving cash flow, and gaining financial clarity. Hereās a recent case we handled that shows why timely tax planni
See More
Ravi s bhardwaj
We builds futureĀ ā¢Ā 2m
BlackBuck To Appeal Tax Demand Notice Over TDS Issues Listed logistics startup BlackBuckBlackBuck Datalabs_in-article-icon today said it received a tax demand notice totalling INR 28.55 Lakh from the Income Tax (I-T) Department. In a filing with t
See More
Recouptax Consultancy Services
Onestop solution for...Ā ā¢Ā 5m
Attention: Please Check Your Emails This is a gentle reminder to regularly check your email for any communication related to Income Tax. Do not ignore or delay responding to such messages, as failure to act on time may lead to heavy penalties, intere
See More
Harsh Dwivedi
Ā ā¢Ā
MedialĀ ā¢Ā 1y
Top News Of the Day: 1. Hair care products company Traya has secured Rs 75 crore (around $13Mn) in funding from Xponentia Capital. 2. Bengaluru-based spacetech startup, SatSure, has raised an undisclosed amount in a Series A funding round co-led by
See More
Applyly
Hey I am on MedialĀ ā¢Ā 9m
Zomato Hit With Rs. 800 Crore Tax Demand by GST Authorities By Applyly December 13, 2024 Zomato faces a Rs. 803.4 crore tax demand from GST authorities. The demand covers 29 October 2019 to 31 March 2022. It includes Rs. 401 crore in tax and equal in
See MoreApplyly
Hey I am on MedialĀ ā¢Ā 9m
Zomato Hit With Rs. 800 Crore Tax Demand by GST Authorities By Applyly December 13, 2024 Zomato faces a Rs. 803.4 crore tax demand from GST authorities. The demand covers 29 October 2019 to 31 March 2022. It includes Rs. 401 crore in tax and equal in
See More
Download the medial app to read full posts, comements and news.