finetax

Meet Our Client Omkarnath Sharma Founder of Medicine Baba

Who is Medicine Baba? There are various ways to show compassion. For the needy and poor in Delhi, it takes the form of free medication gathered by elderly Omkar Nath Sharma.This 85-year-old man, affectionately known as “Medicine Baba” marches throughout the capital every day, asking for unwanted medications from those who can afford them and then giving them to the poor. Omkar has devoted the previous 15 years to this cause despite having a physical limitation of

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6-Month Jail To Woman For Not Filing IT Returns

New Delhi: A court recently convicted and sentenced a woman to six months in jail for not filing an income tax return (ITR) on an income of ₹2 crore. The court of additional chief metropolitan magistrate Mayank Mittal sentenced the woman Savitri, after hearing submissions and considering the facts of the case. “The convict is awarded a sentence of simple imprisonment for six months with a fine of ₹5000 and in default to undergo undergo simple

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