Income tax in India

Demonetisation
General

Problems with the tall claims made about demonetisation

There is an abundance of claims by the government both about the virtues of demonetisation as well as the duration of the “inconvenience” people have to go through. Here is my attempt to debunk some of them. To begin with, there is a slight problem. The objectives of the demonetisation have not been officially and explicitly […]

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justice-is-not-blind
Corruption
Human rights

Can IT Authorities Summon Judge Indrajit Mahanty for questioning?

10th September, 2016, Cuttack: One is puzzled by the accounting treatment for Justice Indrajit Mahanty’s Rs 2.5 crore working-capital loan for his hotel, The Triple C. Lakhs of rupees are withdrawn and repaid every month in two SBI loan accounts in the name of “Justice Indrajit Mahanty” and strangely, not in the name of Latest […]

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Mafatlal director gets lucky after coming out of BIFR

Mumbai, 18th Nov, 2013: Weeks after coming out of BIFR, the loss-making Mafatlal Industries appears to have sold assets to their own directors for peanuts. On 31st July 2011, Mafatlal Industries Ltd. sold to director of Mafatlal Services Ltd. Mr Rajendra Likhite and his wife Anagha, a prized 1200 sq feet flat on Mount Mary […]

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