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New Delhi: In a major development that promises to give some relief to taxpayers. The deadline for filing ITR has been extended, again. Now, the final date for filing ITR has been moved to 16 September 2025. This information has been given by the Finance Ministry. This is the second time that the ITR filing deadline has been extended. It is important to note that several chartered accountants and taxpayers had been continuously complaining about server issues, timeouts, glitches, and several ot ...Read More >
Nagpur: Chartered accountant Kailash Jogani tagged the income tax department on X on Monday, stating, "Many taxpayers have been reporting difficulties in filing income tax returns (ITR) due to persistent technical glitches on the e-portal. The Nagpur Chamber of Commerce has received many screenshots. To avoid future litigation, the due date must be extended." Jogani's post on Monday was in response to the income tax department's statement on X that 7 crore income tax returns have been filed.Not ...Read More >
New Delhi, Sep 15 (PTI) The Income Tax Department on Monday said more than 7 crore I-T returns have been filed so far as the filing deadline closes in, amid netizens complaining of glitches on the portal and demanding an extension. The e-filing portal faced huge traffic as the deadline for filing returns ends on Monday. Despite demands, the department has not given any indication of extending the deadline for filing of income tax returns (ITRs) by individuals, HUFs and those who do not have to ...Read More >
NEW DELHI: The Income Tax Department has clarified that the deadline for ITR filing for Assessment Year 2025-26 is September 15 and there is no further extension as circulated on social media. In a late night post on X on September 14, the department termed "fake" a statement in circulation on social media stating that the due date of filing ITRs has been further extended to September 30, 2025. Asking taxpayers to only rely on official updates on @IncomeTaxIndia, it said "The due date for fili ...Read More >
Noida: A 37-year-old woman allegedly jumped with her 11-year-old son from the balcony of their 13th-floor flat at Ace City in Greater Noida West on Saturday. Both died on the spot. Police said the child was suffering from a neurodevelopmental disorder and was under medication. A note left behind by the woman indicated that she was overwhelmed by stress and took the extreme step.According to police, the child's father, a chartered accountant, was in another room of the house while his son was tak ...Read More >
Noida: A 37-year-old woman allegedly jumped with her 11-year-old son from the balcony of their 13th-floor flat at Ace City in Greater Noida West on Saturday. Both died on the spot. Police said the child was suffering from a neurodevelopmental disorder and was under medication. A note left behind by the woman indicated that she was overwhelmed by stress and took the extreme step.According to police, the child's father, a chartered accountant, was in another room of the house while his son was tak ...Read More >
Chartered accountant associations and tax lawyers have urged the government to extend income tax return (ITR) and audit deadlines for the assessment year (AY) 25-26, citing ongoing issues with the e-filing portal and delays in form releases. New Delhi, Chartered accountant associations and tax lawyers have urged the government to extend income tax return (ITR) and audit deadlines for the assessment year (AY) 25-26, citing ongoing issues with the e-filing portal and delays in form releases. The ...Read More >
Mumbai, September 2: The last date to file Income Tax Return (ITR) is fast approaching, and taxpayers are urged to complete their filings for FY 2024-25 (AY 2025-26) by September 15, 2025. The deadline was extended from July 31 due to structural changes in ITR forms and technical updates on the Income Tax Portal. Missing the deadline may result in penalties and interest, making timely filing crucial for individuals and businesses alike. Taxpayers should prepare all necessary documents in advance ...Read More >
Mumbai: On August 25, 2025, Rajiv Anand officially took charge as the Managing Director and CEO of IndusInd Bank, backed by the board and pending shareholders' approval. His appointment spans three years, reflecting the bank's push for stability after leadership turmoil earlier this year. Bringing in a Banking Veteran Anand arrives with over 35 years of experience in banking. He stepped down as Deputy Managing Director at Axis Bank in August and previously held leadership roles in both retail ...Read More >
Hyderabad: Bollywood actor Shilpa Shetty Kundra and her husband, businessman Raj Kundra, have been booked in a Rs 60.4 crore cheating case linked to their now-defunct company, Best Deal TV Pvt Ltd. The complaint, filed by Mumbai-based businessman Deepak Kothari, accuses the couple of defrauding him in a loan-cum-investment deal between 2015 and 2023. Soon after reports surfaced, the couple's advocate, Prashant Patil, issued a statement dismissing the allegations. "My clients have been informed ...Read More >
Mumbai (Maharashtra) [India], August 14: Medulla Communications Pvt. Ltd., one of the world's most awarded healthcare-specialist advertising agencies, has announced the launch of its new hub in Singapore. With over 15 years of experience in solving complex healthcare challenges, Medulla is now looking to create a super-specialist category as the first digital healthcare advertising agency in Asia. New Hub to Deliver Scalable, Specialist Healthcare Marketing Solutions Across APAC. Also Read | Ne ...Read More >
New Delhi, Aug 14 (SocialNews.XYZ) Soon after Bollywood actor Shilpa Shetty Kundra and her businessman husband Raj Kundra were booked in connection with the Rs 60.4 crore cheating case, their advocate, Prashant Patil, on Thursday issued a statement calling the case "baseless" and said it is aimed at maligning the reputation of his clients. The case, linked to a now-defunct company Best Deal TV Pvt Ltd, involves a complaint by Mumbai-based businessman Deepak Kothari, who has accused the couple o ...Read More >
Pune, Aug 4 (SocialNews.XYZ) Indewheelers Motorsports has joined Indian Supercross Racing League (ISRL) as the newest franchise team to the Season 2 grid. As Pune's second franchise, Indewheelers Motorsports Pvt. Ltd. is set to make the league more competitive while boosting the city's already established position as a national motorsport hub. Founded by motorsport veteran Vikram Dhar and co-owned by young entrepreneur Ajay Agrawal, the team blends racing pedigree with next-generation business ...Read More >
New Delhi: Amid rising concerns over arbitrary fee hikes by private schools in the national capital, the Delhi government is set to introduce a new bill in the monsoon session of the Delhi Assembly, beginning on Monday, with an aim to provide relief to parents. The proposed Delhi School Education Transparency in Fixation and Regulation Bill, 2025, aims to make school fee regulation transparent and accountable. The decision of the government comes in response to several complaints by parents who ...Read More >
MUMBAI: The Wealth Company, backed by Pantomath Group, on Friday said it has received Sebi approval to launch its mutual fund business. This made the Wealth Company the first fund house in India to be founded by a woman to receive Sebi nod to start an MF business.The company is led by Madhu Lunawat, also a co-founder of the Pantomath Group, a leading investment banking firm in the mid-market segment. Currently, of the nearly 50 fund houses in the country, only one, Edelweiss MF, is headed by a w ...Read More >
Nagpur: The income tax (I-T) department has detected as many as 9,000 returns that were filed to claim fake exemptions from tax liabilities and refunds in Nagpur zone alone. The estimates so far indicate that exemptions to the tune of Rs100 crore were claimed. A large number of such returns were filed by policemen, railway employees, zilla parishad staffers, even as the list includes some private employees too.A sizeable number of filers claimed exemptions by misrepresenting their status as fore ...Read More >
New Delhi: With stricter checks and new rules for tax returns, more and more people in India are running into trouble with their Income Tax Returns (ITR). Many are getting notices about "defective returns" under Section 139(9) of the Income Tax Act. This can mean delays in getting your refund, possible penalties, or even your return being declared invalid if you don't fix the problem quickly. One common issue is with the ITR-1 form. In the past, if you had any capital gains (even if they were t ...Read More >
MUMBAI : The annual information statement (AIS), introduced by the Income Tax Department to enhance transparency, is instead creating hassles for taxpayers by reporting incorrect incomes, according to chartered accountants. Introduced in 2021, the AIS gives a snapshot of financial transactions -- ranging from securities and mutual funds to property deals and fixed deposits -- during a fiscal year, sourced from multiple reporting entities such as banks, registrars, depositories, and sub-registra ...Read More >
Mumbai: A suicide case of a 32-year-old Chartered Accountant in the Yashwant Nagar area of Santacruz (East) in Mumbai, Maharashtra has shocked everyone. He died by suicide on Tuesday by consuming poison, allegedly after being blackmailed into paying Rs 3 crore over a private video. A three-page suicide note was recovered from the scene by the police, in which he named two individuals, Rahul Parwani and Saba Qureshi, responsible for his death. The deceased, identified as Raj Leela More, was repo ...Read More >
Mumbai: An aspiring model and his female associate were apprehended for allegedly compelling a 32-year-old chartered accountant to die by suicide after extorting Rs 2.47 crore from him since 2024. The accused reportedly spent the money on online gaming and share market activities.The deceased, who ended his life at his Santa Cruz (East) residence on Saturday night, had lodged three non-cognizable complaints against the pair in the days before his death. His family stated that while he overcame c ...Read More >
Mumbai: The death of a 32-year-old chartered accountant, Raj Leela, has shocked Mumbai. He died by suicide after allegedly being extorted for over ₹3 crore with a private video leak by two people he met on Instagram. The 32-year-old CA Raj Leela More died by suicide on July 5. Raj has left behind a three-page suicide note, mentioning his mother, friends and office colleagues. In his suicide note Raj wrote, "Sorry mother, I could not be your good son... I'm leaving you alone. May God never give ...Read More >
Mumbai: A 32-year-old chartered accountant (CA) from Yashwant Nagar in Mumbai's Santacruz died by suicide after being blackmailed over his private video, said the police on Tuesday. Identified as Raj More, the deceased left behind a suicide note of three pages, mentioning the names of two individuals who allegedly forced him to steal money from his company's accounts and break his own savings. Officials added that the the two accused allegedly extorted more than Rs 3 crore from the victim in the ...Read More >
Mumbai: Capital markets regulator Sebi chairman Tuhin Kanta Pandey on Saturday made it clear that market manipulation is not going to be tolerated. Speaking with reporters a day after an interim order against New York-based hedge fund manager Jane Street, Pandey said surveillance has been increased both by the regulator and also at the exchange level. When asked if similar patterns have been seen with other foreign portfolio investors as well, Pandey said, "All what I can say that market manip ...Read More >
Gurgaon: A 32-year-old man was arrested on Sunday evening after he approached cops and told them he had killed his wife in a fit of rage because she slapped him while they were quarreling at their home in Rajendra Park.Police said the incident occurred around 5.30pm. Ketan Pathak, who works at the under-construction Noida International Airport site in Jewar, told cops that his wife Jyoti (27) was beating up their 5-year-old daughter, when he intervened.An argument erupted and escalated quickly. ...Read More >
Dehradun, July 7 (UNI) Uttarakhand police arrested a wanted Chartered Accountant who cheated several Indians of Rs 750 crore with the help of his Chinese associates using shell companies. The accused was absconding for more than two years and was trying to flee to Thailand when a team of Uttarakhand STF arrested him from the Indira Gandhi International (IGI) Airport Delhi. According to Uttarakhand Special Task Force (STF) officials, Chartered Accountant Abhishek Agarwal was arrested from IGI Ai ...Read More >
Hyderabad: Thousands of people who gathered at ashoorkhana in Dabeerpura on the 10th day of Muharram (Youm-e-Ashura) took part in the Bibi-ka-Alam procession. The procession commenced from Dabeerpura on an elephant and concluded at Chaderghat. The Shia mourners took out the procession to mark the martyrdom anniversary of Prophet Mohammad's grandson, Imam Hussain, on the 10th day of Muharram. Members of the Shia sect performed matam and participated in processions. The 10th Muharram is the day o ...Read More >
Jaipur: Many candidates from the state secured ranks in the top 50 in the Chartered Accountant (CA) final, intermediate, and foundation exam results released Sunday. From Jaipur, Harsh Garg secured AIR 7 in the CA final, while Aksha Garg secured AIR 14, and Shruti Agarwal secured AIR 32. Akanksha Maheshwari from Ajmer secured AIR 47 in the finals. Harsh said that he started preparing for the CA final immediately after clearing the CA intermediate. "I started my preparations for the CA Final imme ...Read More >
JAMMU: The Jammu & Kashmir Branch of the Northern India Regional Council (NIRC) of the Institute of Chartered Accountants of India (ICAI) celebrated the 77th Chartered Accountants Day with zeal and enthusiasm at Royal Park, here. The evening commenced with a seminar on Financial Reporting Practices, under the aegis of Financial Reporting Review Board, ICAI. The session brought together professionals to reflect on the evolving landscape of accounting and the role of Chartered Accountants in str ...Read More >
Indore (Madhya Pradesh): A total of around 150 students from Indore have qualified as Chartered Accountants in the recently declared CA Final exam results. Shreyans Pankaj Mittal has emerged as the city topper, securing the 28th All India rank with 451 marks out of 600. The Indore CA Branch has once again produced excellent results, with several students securing top ranks. CA Rajat Dhanuka, Chairman of the Indore CA Branch, praised the students for their hard work and dedication. "Success is ...Read More >
New Delhi [India], July 6 (ANI): The Institute of Chartered Accountants of India (ICAI) on Sunday announced the results of CA Final, Intermediate and Foundation Examinations held in May 2025, in which nearly one lakh aspirants appeared. According to an official statement released by the ICAI, for the CA final exam, Mumbai's Rajan Kabra secured the top spot with an 86% with a score of 516/600. Meanwhile, Nishtha Bothra, and Manav Rakesh Jha secured the second and third spot in the final exam. D ...Read More >
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