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Retired employee received income tax notice for Rs 9.04 lakh leave encashment; she wins case in ITAT Jaipur, know how leave encashment is taxedRetired employee sent income tax notice for Rs 9.04 lakh leave encashment, she wins case in ITAT Jaipur; Know how leave encashment is taxed...- ₹1.70 crore undisclosed cash alleged in property sale, Income Tax Dept relies on WhatsApp chats and Excel sheets; here's why taxpayer wins at ITAT DelhiThe Delhi Income Tax Appellate Tribunal quashed the assessment against Mr. Sehgal regarding alleged undisclosed cash. The Income Tax Depart...
- Canada-based senior citizen faced income tax liability of ₹83.2 lakh as STCG; here's why he wins at ITAT Bengaluru on technical groundA recent ITAT ruling highlights the critical importance of following proper legal procedures in income tax reassessment cases. When a taxpa...
- Polycab India shares fall 6% in two sessions. What’s triggering the selloff?Polycab India shares dropped 6% in two sessions after NSE announced its exclusion from the equity derivatives segment effective December 30...
- SC rejects MMTC appeal against National Spot Exchange settlement schemeThe Supreme Court has dismissed MMTC's appeal regarding a settlement scheme by National Spot Exchange Ltd. The scheme, amounting to Rs 1,95...
- West Bengal SIR appeals pile up: 37 lakh cases await verdictSeventeen Appellate Tribunals in West Bengal have resolved 126,194 cases while 37,05,235 appeals remain pending. These appeals primarily st...
- PMLA court directs ED to monetise NSEL assets, distribute Rs 1,950 crore to 63 Moons under settlement schemeIn a decisive ruling, a special PMLA court has instructed the Enforcement Directorate to sell off properties involved in the NSEL payment d...
- 'Where is Gyanesh hiding?':Priyank Kharge targets CEC over electoral roll row, alleges manipulation of Form 6 & 7Karnataka Minister Priyank Kharge has launched a strong critique of the Election Commission of India. Allegations include voter list manipu...
- Jane Street hits back at Sebi’s allegations, says ‘regulator changed the goal posts’Jane Street's counsel challenged the Securities and Exchange Board of India's claims regarding its trading strategy and actions. The firm h...
- FSSAI pulls up Dr Reddy's, Nestle Health Science over Celevida claimsThe Food Safety and Standards Authority of India (FSSAI) said the product was advertised as providing high-protein support for preserving l...
- I-T dept moves appellate tribunal against Rs 32.66-cr tax relief to Dr Lal PathLabsDr Lal PathLabs, in a regulatory filing, said that it received an intimation on Wednesday regarding an appeal filed by the I-T Department b...
- Electricity subsidy for existing businesses is taxable, Supreme Court rulesThe Supreme Court recently ruled that electricity subsidies granted under the Income Tax Act are subject to taxation as revenue receipts. T...
- NBCC sets Rs 9,620 crore plan to revive 16 stalled Supertech projectsNBCC has launched 25 tenders worth Rs 9,620.33 crore to complete 16 stalled housing projects by Supertech. The National Company Law Appella...
- Sebi accuses Jane Street of dilatory tactics at SAT, says 'investigator is being investigated'Securities and Exchange Board of India has expressed concerns about Jane Street's approach to the investigation. The regulator provided ove...
- Jane Street denies manipulation charges in India appeal caseJane Street Group LLC is currently appealing against the Securities and Exchange Board of India’s allegations of market manipulation. The c...
- Irish company tax ruling offers capital gains relief hope to foreign investorsIn a noteworthy decision, the Income Tax Appellate Tribunal has exempted Fireeye, an Irish company, from capital gains tax on an indirect t...
- NCLAT allows oppression, mismanagement plea against office-bearers of film producers' body IMPPANCLAT upheld the NCLT's decision to allow a minority group of IMPPA to pursue legal action. The minority members alleged financial mismanag...
- NCLAT issues notices to lenders on Subhash Chandra’s plea against NCLT orderNCLAT has issued notices to lenders on Essel Group chairman Subhash Chandra’s plea challenging an NCLT order that constituted a five-member...
- NCLAT issues notice to creditors on Subhash Chandra's Plea; sets next hearing for Oct 29-30The National Company Law Appellate Tribunal will hear Subhash Chandra's appeal regarding his personal insolvency on specific dates. Chandra...
- NCLAT dismisses Affle 3i's plea against insolvency of Talent Unlimited Online ServicesNCLAT has dismissed an appeal by Affle 3i Ltd concerning insolvency proceedings against Talent Unlimited Online Services Pvt Ltd. The dismi...
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