A chartered accountant (CA) who duped his client was dragged to the consumer court. In a significant ruling, the forum held that negligence in discharge of professional duties constitutes an unfair trade practice.
Stating that "to tax the dead is a contradiction in terms," the Supreme Court, last week, set aside a judgment of the Kerala High Court involving the demand of the revenue authorities for excise duty from the successors of a failed single
You open a recurring deposit in your child’s name and invest Rs 5,000 every month. If the interest earned on it is not declared while filing tax returns, the authorities can send you a notice, as it would amount to tax evasion.