The Bench consisting of Chief Justice T.S. Sivagnanam and Justice Ajay Kumar Gupta noted that the cumulative tax amount was

The Bombay High Court has ruled that the payment of royalty for technology usage is inherently intertwined with manufacturing

Explains there cannot be any vicarious liability when it comes to a penal provision

The creditors Axis Finance, JC Flower Asset Reconstruction, IDBI Bank, Imax Corp, and IDBI Trusteeship, had opposed it

The Minister of State for Law and Justice Arjun Meghwal apprised about it via Twitter

Terms the marks of both parties dissimilar

In a notable development in the media and publishing sector, Paramount Global has accomplished the successful completion

Allows insurance claim to the cold storage business operator

According to the Court, goodwill being a non-tangible asset, is eligible for depreciation under Section 32(1) of the Income

A revision order was passed by treating the AO’s order as erroneous and prejudicial to the interests of the revenue department

The Madhya Pradesh High Court has levied a fine of ₹25,000 on the petitioner who filed a writ seeking the interim release

Explains that it is relevant if the assessee fails to prove the creditworthiness and genuineness of the transactions