Delhi High Court Relief To Lufthansa; Income Tax Department’s Order Set Aside The cargo airline claimed its income was not to be taxed in India under the Double Taxation Avoidance Agreement ...
IT Department Serves Notice To AstraZeneca Pharma For Rs.11.96 Crore Claim The company plans to appeal to the Dispute Resolution Panel AstraZeneca Pharma India Limited has received a draft...
Delhi High Court: AO Must Form Prima Facie Opinion Before Rejecting Application For Nil TDS Under Section 197 The Delhi High Court has ruled that an assessing officer must form a prima facie opinion...
Supreme Court: No Penalty Under Section 271AAA IT Act If Assessee Admits, Substantiates Undisclosed Income & Pays Tax with Delay In a significant ruling, the Supreme Court addressed the...
Delhi High Court: Jurisdiction For Appeals Under Section 260A Of IT Act Lies With High Court Where AO Passes Assessment Order The Delhi High Court has reaffirmed that the jurisdiction to entertain an...
New IT Bill Minimizes Scope Of Litigation, Simplifies Provisos Finance Minister Nirmala Sitharaman had placed the Bill in the Lok Sabha, informing about ‘substantial changes’ The Income Tax...
Supreme Court: Offence Under Section 276CC Of IT Act Committed Before Show-Cause Notice Is Compoundable As ‘First Offence’ In a significant ruling, the Supreme Court has set aside the Gujarat High...
Aim Of IT Bill To Cut Down Litigations: Finance Ministry Official Strap – He was speaking at a post-budget analysis hosted by the Bangalore Chamber of Industry and Commerce and audit and consulting...
Supreme Court Upholds Bombay High Court Ordering IT Department For Tax Refund To Vodafone The judgment has come as a relief to the telecom company The Supreme Court has upheld a Bombay High...
Supreme Court: TOLA Overrides Income Tax Act To Relax Time Limits For Reassessment Notices The Supreme Court has recently ruled that the Taxation and Other Laws (Relaxation and Amendment of Certain...
Supreme Court Ruling On Reassessment Laws A Win For IT Department The pros and cons of its impact on taxpayers The decision of the Supreme Court is a major victory for the Income Tax Department,...
Gujarat High Court Rules Against Re-Assessment Notices Based On Mere “Change Of Opinion” Regarding Material Available At The Time Of Scrutiny The Gujarat High Court has reaffirmed that an Assessing...
