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I-T dept gives trusts, institutions time till March 31 to file audit reports in correct form

New Delhi, Mar 5 (PTI): The income tax department on Tuesday allowed trusts and institutions, which filed audit reports for the assessment year 2023-24 in incorrect forms, to file documents in correct forms by March 31. Income of any fund or institution or trust or any university or other educational institution or any hospital is exempt from income tax subject to fulfilment of certain conditions. One of the conditions required to be fulfilled by the trust or institution in order to be eligible to claim exemption, is, that it is required to get its accounts audited and furnish the audit

Sandeshkhali: Calcutta High Court transfers probe into attack on ED officials to CBI

Kolkata, Mar 5 (PTI) The Calcutta High Court on Tuesday ordered transfer of the probe into an attack on Enforcement Directorate officials at Sandeshkhali on January 5 from the West Bengal Police to the CBI. The court also directed that the custody of TMC leader Shajahan Sheikh, who was arrested by the West Bengal police on February 29 in connection with the attack, be handed over to the central agency. A division bench presided by Chief Justice T S Sivagnanam directed that the directions be complied with by 4.30 pm on Tuesday. Both the ED and the West Bengal government

Desperate Modi govt trying to use SBI to bulldoze SC judgement on electoral bonds scheme: Congress

New Delhi, Mar 5 (PTI) The Congress on Tuesday attacked the Centre over the State Bank of India moving the Supreme Court to seek more time to disclose electoral bond details, alleging that the Modi government is using the largest bank of the country as a shield to hide its “dubious dealings”. The State Bank of India (SBI) on Monday moved the Supreme Court seeking an extension till June 30 to disclose details of each electoral bond encashed by political parties. In its verdict last month, the top court directed the SBI to furnish the details to the poll panel

People don’t expect such comments from a senior leader Sitharaman on Lalu’s jibe at PM

Patna, Mar 5 (PTI) Union Finance Minister Nirmala Sitharaman on Tuesday critcised RJD chief Lalu Prasad’s “no family” jibe at Prime Minister Narendra Modi, asserting that people do not expect such comments from a senior leader like him. Speaking to reporters in Patna, Sitharaman said there is a need to maintain dignity in politics. “What the PM said is correct, the entire country considers him their family. The entire country is the PM’s family. Making such petty statements is not correct and is highly condemnable,” she said. “He (Lalu Prasad) has spent decades in politics and was also a CM

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