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ARBITRARY TAX DEMANDS
Transport Strike March 5: Why drivers are protesting, how it may affect you and what we know so farMaharashtra Transport Strike March 5: Maharashtra transport unions announced a statewide strike on March 5 due to grievances over e-challan...
Bengaluru street vendors seek GST relaxation after receiving notices for UPI transactions crossing 40 lakh turnoverSmall vendors in Karnataka are facing distress due to GST notices for UPI transactions exceeding ₹40 lakh annually. The Karnataka Pradesh S...
Delta Corp says Rs 23,200 crore-GST demand arbitraryDelta Corp, an online gaming and casino firm, contested a GST demand of over Rs 23,200 crore, deeming it arbitrary and contrary to laws, he...
I-T department must avoid fishing expeditionsUncertainty will spur arbitrary tax demands, lead to mounting tax disputes, and impair the reputation of the I-T department. That is wholly...
Rajasthan High Court allows UltraTech pleaOn Tuesday, a division bench of Rajasthan High Court comprising Justices Sandeep Mehta and Vijay Bishnoi, while allowing the plea filed by ...
Rajasthan HC allows UltraTech’s plea against tax dept in Binani Cements’ old duesThe genesis of the dispute lies in several tax notices issued by the GST department of Rajasthan for the dues of around Rs 72 crore between...
Arbitrary or excessive tax results in social injustice by a government: CJI BobdeAccording to official data, total pendency of appeals at the Supreme Court, High Court and CESTAT as on June 30, 2017, was 2,73,591, wherea...
BJP using threat of I-T raids to force petrol pump owners to go on strike: Arvind KejriwalKejriwal said that petrol pump owners told him "privately" that the strike was "BJP-sponsored" and "actively supported" by oil companies.
'Make in India' is hit by government schizophreniaRecent measures (on tax, drug controls and cotton seeds) suggest the government is arbitrary, populist and scornful of the sanctity of cont...
Muthoot Finance gets service tax notice for Rs 153 croreGold loan firm is in the process of pursuing legal remedies available to have the order passed by the service tax department set aside, the...
Budget 2014: FM proposes to lower tax disputes, creating a conducive climate for investmentFM's Budget is dotted with proposals that will lower tax disputes, curb arbitrary tax demands & lend certainty to tax outgo of cos, creatin...
Tax officers would need intensive training on transfer pricingThe govt has done well to firm up simple rules that software and other MNCs can follow in pricing services when they do biz with their pare...
Clear tax rules for R&D are welcomeThe new set of guidelines by CBDT will lower tax disputes and not tarnish India’s appeal as an R&D hub.
India needs simple tax rules for R&D institutionsTransfer pricing rules are meant to prevent MNCs from shifting income — accrued through value addition in products and services.
Budget 2013 raises IT-BPO industry's hope on tax clarity""Budget 2013 has been disappointing for the IT-BPO sector,"" said Pradeep Udhas, partner, IT & ITES, KPMG India.
Vodafone tax case: Supreme Court rejects petition seeking review of orderThe Supreme Court has declined to reconsider its ruling that the tax authorities had no jurisdiction to tax Vodafone's offshore acquisition...
- Industry to protest advance power tariff collection
Trade and industry bodies said they would hold a protest in Ludhiana on December 31 against the Punjab government's decision to collect in ...