IndiGo 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 ...

The Supreme Court has sought a response from IndiGo's parent company, InterGlobe Aviation, regarding the customs department's appeal agains...

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...

The Supreme Court ruled that the Directorate of Revenue Intelligence (DRI) officers can issue show-cause notices and recover customs duties...

Arms of the Ministry of Corporate Affairs (MCA) have intensified enforcement actions in recent quarters to ensure stricter adherence to rul...

Fali 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...

The Delhi High Court has upheld the constitutional validity of anti-profiteering provisions under the Goods and Services Tax (GST) framewor...

In a recent development, the government think tank Niti Aayog has welcomed four distinguished fellows into its fold for a tenure of one yea...

About 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...

The 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...

The finance ministry has notified annual tax return forms for businesses registered under the GST, in which details of sales, purchases and...

The department is currently studying the details received from the company, the official said, adding that they can issue notices seeking d...

To ascertain the exact tax liability, the revenue dept will write to Flipkart seeking the share purchase agreement that the company had ent...

Weight issues, deferred marriages and divorce threats are some side effects of the soldiers working on the new tax regime.

Even 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.

Firstly, multiple rates of taxes on goods and services leading to classification disputes. The govt is perhaps losing a golden opportunity ...

While the Supreme Court directed Dewsoft to deposit tax amount, the tribunal subsequently passed a favourable order that was in conflict wi...