Indelible ink marks on exchange old bank notes
As per media news, the Government in its latest directives has asked banks to use indelible ink while exchanging withdrawn/banned Rs. 500 and 1,000 notes to stop conversion of the black money. Also this is considered a move to discourage people from coming again and again to exchange old notes.
Hitherto the indelible ink are used in the process of casting of votes by marking the index finger of the voters casting a vote.
Details are awaited.
Once assessee filed ITR, in response to the notice u/s 148 of the Act, even beyond time prescribed, Assessing Officer…
Petitioner was not disqualified in tender for submitting EMD by way of Fixed Deposit in place of Demand Draft -…
State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board. The meeting…
Voluntary declaration of additional income by increasing WIP was not proper, as assessee will take the additional benefit in the…
Cash payment for purchase of land or property cannot be treated as violation of provisions of section 269SS or 269T…
Income Tax Department has released excel Utility for e-filing ITR-1 and ITR-4 for AY 2026-27 Excel utilities of ITR-1 and…