The Income Tax Department has raised a demand of over Rs 2,395 crore linked to Dr Reddy’s Labs' past merger. The company asserts full compl...

Tata Steel received an order to reassess its 2018-19 taxable income, increasing the amount by over Rs 25,000 crore. The company moved the B...

Assocham, in its pre-budget recommendations, proposed a single TDS rate of 1-2% for resident assesses to simplify tax compliance and reduce...

CBDT allows companies in business reorganisation to file modified returns by June 30, offering relief amidst Finance Bill 2022 implications...

The bench, which was hearing the appeal of the IT department, remanded its income tax case against Mahagun Realtors Private Limited (MRPL) ...

Income tax is one of the critical elements for consideration in any M&A transaction, along with indirect tax, foreign investment guidelines...

In particular, the govt is reviewing restrictions on the carrying forward of losses in cases of change in shareholding of a closely held co...

Vodafone Idea claimed the refunds after revising returns for three years following amalgamation plans and after reaching an advance pricing...

The government has sought to prevent camouflaging of dividend in various ways such as via loans and advances and also end litigation.

Corporates doing business in India are surrounded by a gamut of laws that they need to be cognizant about and comply with. To add to the wo...

The CBDT has introduced new Rule 44BB for computing amount received by a company in respect of issue of share for computing buy back tax pa...

M&A deals involving the proposed merger of a loss-making company into a profit-making entity to set off the loss and, thereby, reduce the t...

The Tax Administration Reform Commission, set up by the Finance Ministry will soon look into amalgamation of Direct Tax and Indirect Tax De...

The IT Department today conducted 'survey' at Sesa Sterlite, the main operating company of Vedanta Resources, for tax refund claimed by the...

In a decision that will help corporates restructure businesses, the Chennai bench of Income-tax Appellate Tribunal (ITAT) has held that tax...

RPL shareholders will get one RIL share for 16 shares as part of merger. Why RIL wants to merge with RPL I How investors can benefit from t...

Is the tax implication of corporate announcements - be it bonus, rights issue or demerger - troubling you? Read on. CEO Cookout in Kolkata