Thu, March 27, 2025
[ Thu, Mar 27th ]: Futurism
Jack Dorsey's Flailing Crypto Business Is Laying Off More Than 900 Employees
[ Thu, Mar 27th ]: WTOP
Burlington replaces Prince George's Co. Joann Fabric store
[ Thu, Mar 27th ]: Variety
Patrick Whitesell and Silver Lake Invest in Peyton Manning's Omaha Productions
[ Thu, Mar 27th ]: Fortune
Most Americans have one life insurance policy. Wh .. coming SEC chair Paul Atkins and his wife own 54?
[ Thu, Mar 27th ]: Yahoo
Approval recommended for purchase agreement on lot for indoor baseball, softball facility
[ Thu, Mar 27th ]: MarketBeat
CarMax and Carvana: Steering the Used Car Market
[ Thu, Mar 27th ]: BirminghamWorld
Midlands Special Fasteners sold to publicly listed Swedish Group
[ Thu, Mar 27th ]: Week99er
Orbital Partners with Know Your Customer to Stren .. obal Stablecoin and Traditional Payments Platform
[ Thu, Mar 27th ]: MarketWatch
'Substantial tax savings:' 10 accountants reveal .. x credits and deductions Americans too often miss
[ Thu, Mar 27th ]: CNET
Tariffs Explained: What They'll Mean for Your Costs With a Week to Go
[ Thu, Mar 27th ]: Entrepreneur
Writing a Book? Here's How to Find Your Audience and Become a Bestselling Author
[ Thu, Mar 27th ]: Ansa
Business ministry OKs ex ILVA commissioners-Baku talks
[ Thu, Mar 27th ]: TheStreet
Social Security Strengthens Identity Proofing Req .. s and Expedites Direct Deposit Changes to One-Day
[ Thu, Mar 27th ]: BellaNaija
Exquisite Magazine and the Africa Women's CEO Network are set to release their Annual Power List
[ Thu, Mar 27th ]: PCMag
AT&T's Full Autopay Discount Will Soon Require Your Bank Details
[ Thu, Mar 27th ]: Euronews
EU rebuffs Russia's demand for sanctions relief and asks for 'unconditional withdrawal' of troops
[ Thu, Mar 27th ]: AOL
What is AP automation and what are the benefits of using it?
[ Thu, Mar 27th ]: Kiplinger
Revocable Living Trusts: The Good, the Bad and the Ugly
[ Thu, Mar 27th ]: Stockhouse
ARMAMENTS and GOLD! Target prices are rising! Barrick Gold, Deutz, and Globex Mining!
[ Thu, Mar 27th ]: cnbctv18
Jio Financial Services invests ?1,000 crore in subsidiary Jio Finance
[ Thu, Mar 27th ]: CNN
The Trump admin accuses EPA of squirreling away $ .. on in 'gold bars.' Here's what's really going on.
[ Thu, Mar 27th ]: WJHL
East Tenn. vape shop owner testifies against new vape bill in TN Capitol
[ Thu, Mar 27th ]: Forbes
How AI Agents Are Transforming Business In 2025 And Beyond
[ Thu, Mar 27th ]: CCN
BRICS Pushing Forward With Digital Cross-Border Payment System, Russia's Finance Minister Confirms
[ Thu, Mar 27th ]: Bloomberg
US Banks Finance Their Own Competition to Tune of $1 Trillion
[ Thu, Mar 27th ]: GhanaWeb
Parliament approves Growth and Sustainability Levy Amendment Bill 2025
[ Thu, Mar 27th ]: BusinessLIVE
THE FINANCE GHOST: Dashing hopes for a Nike profit sprint
[ Thu, Mar 27th ]: Investopedia
Tesla Stock Tumbles After Best Stretch Since November Election
[ Thu, Mar 27th ]: Insider
A 23andMe cofounder says the company 'lost its way' under the last leaders
[ Thu, Mar 27th ]: Reuters
Microsoft pulls back from more data center leases in US and Europe, analysts say
[ Thu, Mar 27th ]: GOBankingRates
Webster Bank Promotions: Best Offers and Bonuses
[ Thu, Mar 27th ]: Moneycontrol
Growth-friendly RBI governor Malhotra raises rate cut hopes
Wed, March 26, 2025
[ Wed, Mar 26th ]: UPI
Senate Democrats call on Trump to revoke nominee for Social Security chief
[ Wed, Mar 26th ]: WKYC
Better Business Bureau Scam Tracker Risk Report f .. ted scams at riskiest reported: VERIFY Fast Facts
[ Wed, Mar 26th ]: Invezz
CFO optimism dips in Q1 as tariff risks and uncertainty overshadow Trump boost: Fed survey
[ Wed, Mar 26th ]: Forbes
18 Must-Read Books For Finance Professionals In 2025
[ Wed, Mar 26th ]: Investopedia
These Food and Drink Stocks Could See Double-Digit Growth, Says Wells Fargo
[ Wed, Mar 26th ]: CNET
Student Loan Forgiveness May Wither in the Courts, Says This Expert. What You Can Do Now
[ Wed, Mar 26th ]: Mint
What is a pre-qualified personal loan? Benefits, limitations, and how it works
[ Wed, Mar 26th ]: Insider
A couple started renovating RVs as a side hustle. .. old 17 in 5 years and now fix up apartments, too.
[ Wed, Mar 26th ]: WBUR
How Trump plans to get government out of the mortgage business
[ Wed, Mar 26th ]: jacobin
Medicare Would Be in Real Danger of Collapse Under Dr Oz
[ Wed, Mar 26th ]: TechCrunch
Has GetReal cracked the code on AI deepfakes? $18M and an impressive client list says yes
[ Wed, Mar 26th ]: Entrepreneur
How to Build a Resilient Business and Navigate Un .. ertainty With a Structured Risk Management System
[ Wed, Mar 26th ]: Reuters
Nigel Farage and NatWest settle 'debanking' dispute
[ Wed, Mar 26th ]: civicscience
Pulse of the U.S. Workforce Report: Employment Co .. Manager Care, and Belief in Corporate Leadership
[ Wed, Mar 26th ]: Deadline
Hollywood's Theatrical Business At Risk Of Enteri .. egative Feedback Loop", Wall Street Analyst Warns
[ Wed, Mar 26th ]: Fortune
Experts say Americans are so pessimistic about bu .. threshold that usually signals a recession ahead'

Finance Bill, 2025, limits tax scrutiny to undisclosed income in search cases

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. utiny-to-undisclosed-income-in-search-cases.html
  Print publication without navigation Published in Business and Finance on by Moneycontrol
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
Now, tax authorities can reassess hitherto undisclosed earnings only, and not income that's already been declared.
The Finance Bill 2025, presented by Finance Minister Nirmala Sitharaman, introduces significant changes to the taxation framework, particularly concerning the scrutiny of income in search and seizure cases. The key amendment limits the tax scrutiny to only the undisclosed income found during these operations, rather than the entire income of the assessee. This move aims to reduce the burden on taxpayers by focusing solely on unreported income, thereby streamlining the tax assessment process. The bill also includes provisions to enhance transparency and efficiency in tax administration, ensuring that only relevant income is under scrutiny, which could potentially reduce litigation and disputes related to tax assessments. This amendment reflects the government's intent to foster a more taxpayer-friendly environment while maintaining stringent checks on undisclosed income.

Read the Full Moneycontrol Article at:
[ https://www.moneycontrol.com/news/business/economy/finance-bill-2025-limits-tax-scrutiny-to-undisclosed-income-in-search-cases-12977636.html ]