The net worth of Elon Musk, the richest person in the world, has tumbled $148 billion since January 17 this year, according to the Bloomberg Billionaires Index. Musk, whose fortune peaked at $486 ...

The 53-year-old’s wealth is reportedly declining at an eye-watering pace, having lost a whopping $148 billion since January 17 this year – nearly quadruple the yearly cost to wipe out world hunger by ...

ITAT Mumbai held that notice under section 148 of the Income Tax Act issued after a period of six years is barred by limitation. Accordingly, assessment proceedings under section 147 is liable to be ...

The Income Tax Appellate Tribunal (ITAT), Ahmedabad, has dismissed the Revenue’s appeal against the order of the Commissioner of Income Tax (Appeals) [CIT(A)], which had quashed the reassessment ...