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Income tax rules for assessment after search cases to apply to crypto income for up to 6 previous assessment years from February 1, 2025Budget 2025: The Finance Minister has announced that now assessment for search cases will include virtual digital assests (VDA) which inclu...- Budget 2024: The time limit for which income tax reassessment can be done is reducedBudget 2024: Time limit for reassessment is proposed to be reduced from ten years to five years. It is also proposed to withhold refund up ...
- Cloudtail challenges validity of CCI searches on April 28People with direct knowledge of the matter said through a web of corporate restructuring, Amazon gave up its stake in Cloudtail India even ...
- Anti-Amazon retailer groups take a dig at Smbhav event, hold ‘Asmbhav’ eventSpeakers at the event called for action against alleged preferential treatment by Amazon to its exclusive brands such as Cloudtail and Reta...
- South African investor in Mumbai Airport moves SC in dispute with GVK“GVK Airport Holdings has approached an arbitral tribunal comprising three former judges members along with MIAL against ACSA for alleged b...
- Competition Commission puts in place green channel route for M&A approvalsThe green channel concept would allow for an automatic system for speedy approval of combinations subject to certain conditions.
- Any Flipkart-Amazon deal to face intense CCI scrutinyThere have been reports that global ecommerce major Amazon is in talks to acquire Flipkart, India’s biggest homegrown online retailer, thou...
- CCI streamlines, simplifies norms for M&A filingsProviding more clarity, fair trade regulator CCI has streamlined rules and procedures for filings pertaining to merger and acquisitions.
- Larger bench to hear plea allowing recruitment of nursesDelhi HC today transferred to a larger bench a plea seeking direction to the government to allow private agencies to recruit Indian nurses.
- Delhi High Court extends stay in National Herald case till September 3Delhi HC extended the stay till Sep 3 on the criminal proceedings against Sonia Gandhi, Rahul Gandhi and others in the National Herald case.
- HC extends stay on proceedings in National Herald case till September 3"The stay on proceedings shall continue till September 3. The order is applicable on those only who have moved the court," Justice V P Vais...
- Political party can write off or assign loans: Sonia Gandhi to High CourtSonia Gandhi, Congress VP Rahul Gandhi, Party Treasurer Moti Lal Vora are among the directors of Young Indian, who have been summoned.
- HC notice to Subramanian Swamy on pleas of Sonia Gandhi, Rahul Gandhi in National Herald caseFormer law minister and senior advocate Kapil Sibal, appearing for Sonia Gandhi, sought a stay on the proceedings pending in the trial cour...
- FIPB asks Ministry of Corporate Affairs to clarify its stance on LLP ActFIPB has asked the Ministry of Corporate Affairs (MCA) and the Department of Industrial Policy and Promotion to clarify their stance and if...
- Finance ministry advises banks to popularise e-payments to reduce usage of cheques, bank draftsThere are currently over 30 lakh cases of bounced cheque in the courts, a problem the government feels can be addressed through electronic ...
- Solvency, auditing guidelines for LLPs on the cardsThe government is set to introduce stringent solvency and auditing norms for limited liability partnership companies (LLPs).
- After 7 months wait, RBI allows FDI in LLPsRBI has agreed to notify FDI rules in limited liability partnerships, a form of business organization that is popular globally but has not ...
- Bigger local play sought for SEZsThe suggestion comes in the backdrop of SEZs becoming less appealing to investors following partial withdrawal of tax incentives this fisca...
- Foreign IT firms use transfer-pricing provisions, double taxation treaties to minimise taxes in IndiaIndian & foreign IT firms follow the same tax rules. So, why are foreign IT firms reporting nos that are a fraction of Indian peers?
- SEZ sops may continue till 2014The direct taxes code (DTC) approved by the Cabinet gives a reprieve to special economic zones till 2014 from the proposed regime.
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