Searched for
V LAKSHMIKUMARAN
Tax relief already delivered, says Economic Survey: Experts decode what Budget 2026 is likely to offer on income tax and beyondIndia's Economic Survey reveals significant tax relief for households has been provided, with the fiscal deficit falling below target. Expe...- Delhi HC seeks response from revenue authorities over IndiGo's plea of Rs 900 cr custom duty refundIndiGo's parent company, InterGlobe Aviation Ltd, has approached the Delhi High Court seeking a refund of Rs 900 crore in customs duty. The...
- IndiGo parent moves HC against double customs duty on reimported partsInterGlobe Aviation, the parent of IndiGo, has approached the Delhi High Court. The company is seeking a refund of ₹900 crore paid as custo...
- IndiGo moves Delhi HC over Rs 900 crore customs duty refund on re-import of aircraft parts: ReportIndiGo has filed a petition in the Delhi High Court seeking a refund of over ₹900 crore in customs duty paid on aircraft engines and parts ...
- SC seeks response from IndiGo's parent company in Customs IGST disputeThe Supreme Court has sought a response from IndiGo's parent company, InterGlobe Aviation, regarding the customs department's appeal agains...
- Alimony and Income Tax: Is ex-wife liable to pay income tax on settlement amount received from husband in a divorce case?Alimony tax: Did you ever wonder if alimony is taxable for the ex-wife. This is because the alimony is paid by husband after paying all the...
- SC says that officers of DRI are "proper officers" to issue show-cause notices under Section 28The Supreme Court ruled that the Directorate of Revenue Intelligence (DRI) officers can issue show-cause notices and recover customs duties...
- Compliances cut, MCA gets tough on flouting companies lawArms of the Ministry of Corporate Affairs (MCA) have intensified enforcement actions in recent quarters to ensure stricter adherence to rul...
- Fali Nariman passes away, leaves a legacy of legal brilliance and integrityFali Nariman, a highly respected jurist and senior advocate to the Supreme Court of India, passed away at the age of 95. Known for his cont...
- Setback for HUL, Nestle, Patanjali and others as HC upholds anti-profiteering provisions under GSTThe Delhi High Court has upheld the constitutional validity of anti-profiteering provisions under the Goods and Services Tax (GST) framewor...
- Niti Aayog appoints four distinguished fellowsIn a recent development, the government think tank Niti Aayog has welcomed four distinguished fellows into its fold for a tenure of one yea...
- Amid MCA21 'glitches', record number of companies floatedAbout 31,000 companies had been incorporated at the end of May last fiscal, a record at the time, on top of nearly 4,000 LLPs, people aware...
- Interpretation of PMLA Section 8(4) leaves scope for arbitrary application, says CJI-led benchThe court was referring to an earlier ruling by a three-judge bench in which the Supreme Court had upheld provisions of the Prevention of M...
- GST annual return forms to help check tax evasion: expertsThe finance ministry has notified annual tax return forms for businesses registered under the GST, in which details of sales, purchases and...
- Flipkart deal: Tax department will act once Walmart obtains regulatory nodThe department is currently studying the details received from the company, the official said, adding that they can issue notices seeking d...
- Tax department to seek share purchase pact from Flipkart to ascertain tax liabilityTo ascertain the exact tax liability, the revenue dept will write to Flipkart seeking the share purchase agreement that the company had ent...
- Pre-GST rollout grind taxes life, health & relationshipsWeight issues, deferred marriages and divorce threats are some side effects of the soldiers working on the new tax regime.
- Lawyers are smiling as GST set to fuel litigation waveEven before the planned July 1 roll out, about 100,000 indirect tax appeals were clogging India’s judicial system at the end of March, 2015.
- There could be some inherent problems in single-tax system: V LakshmikumaranFirstly, multiple rates of taxes on goods and services leading to classification disputes. The govt is perhaps losing a golden opportunity ...
- Delhi-based Lakshmikumaran & Sridharan has earned itself a rebuke from the Department of RevenueWhile the Supreme Court directed Dewsoft to deposit tax amount, the tribunal subsequently passed a favourable order that was in conflict wi...
Load More
