ITAT Mumbai Quashes Reassessment Proceedings For AY 1998-99; Represented By Lakshmikumaran & Sridharan Attorneys Introduction A recent judgment involving the validity of reassessment...
Dream Sports Merges With Sporta Technologies; Shuns United States For India As part of the process, it secured the approval of the Reserve Bank of India Dream Sports, the parent company of...
RBI Slaps Fine On HDFC Bank, Punjab & Sind Bank And KLM Axiva Finvest The central bank clarified that the penalties were not intended to pronounce the validity of any transaction or agreement ...
Income Tax Department Issues Draft Assessment Order To Maruti Suzuki India The company plans to contest it before the Dispute Resolution Panel The Income Tax Department has issued a Draft...
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...
Tax Department Demands Rs.138 Crore GST From Bajaj Auto The company has disputed the order The Deputy Commissioner of State Tax, Pune, has demanded Rs.1,38,53,14,020 tax, including interest...
CESTAT: Customs Authorities Cannot Deny Duty Exemption Under Advance Licensing Scheme The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has ruled that Customs...
RBI Revises Norms For Urban Co-operative Banks For Larger Operational Freedom It will enhance flexibility without compromising regulatory objectives The Reserve Bank of India (RBI) has said...
CESTAT Rules Mere Wrong Availment Of Exemption Notification Does Not Indicate Intent To Evade Excise Duty The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has...
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...
Kerala High Court: Consolidated Show Cause Notice Permissible Only When Common Adjudication Period Exists The Kerala High Court has held that a consolidated show cause notice covering multiple...
Goldman Sachs: Government’s Tax Relief To Boost Quick Service Restaurant Business Strap – The announcement made on 1 February was a respite to taxpayers, especially the middle-class In the Union...
