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RETROSPECTIVE PENALTIES
Sebi drops disclosure case against NDTV, closes proceedings without penaltySebi has closed adjudication proceedings against NDTV without penalty, concluding the company did not violate disclosure requirements. The ...- Delta Corp shares tank 16%. What’s triggering the sharp selloff?Shares of Delta Corp tumbled 16% after the Supreme Court upheld the government’s retrospective 28% GST levy on online gaming companies. The...
- Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
- Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
- Delhi HC to CCI: Don’t pass final order against Appletill July 15 in App Store caseThe Delhi High Court has halted the Competition Commission of India's final order against Apple Inc. This decision is effective until July ...
- SC order turns up tax heat on old benami transactionsThe Supreme Court has ruled that tax authorities can retroactively apply the benami law to confiscate assets from transactions predating 20...
- MSMEs seek force majeure relief amid Gulf war disruptionsSmall businesses supplying the government are seeking relief from contract penalties. They want the Centre to invoke force majeure due to g...
- 'Polluter pays' principle must not be reduced to 'pollute and pay', SC toldThe Supreme Court heard arguments on retrospective environmental clearances, with one lawyer arguing prior clearance is a vital safeguard, ...
- ETtech Explainer: Why Apple is fighting India’s heavy-fine ruleApple has gone to the Delhi High Court to oppose new antitrust rules that allow the CCI to levy fines based on global turnover. The company...
- Apple moves Delhi High Court against CCI penalty rule based on global turnoverTech giant Apple has approached the Delhi High Court seeking to block the government's enforcement of amended competition law provisions. T...
- Tax dispute scheme gets tepid response, garners Rs 1,200 croreThe scheme provided for waiver of interest and penalty for retro tax cases only if the company in question withdraws all appeals against th...
- Scheme to settle tax disputes extended till January 31: CBDTThe scheme, opened on June 1, provides for waiving interest and penalties if the principal amount involved in retrospective tax cases is pa...
- CBDT extends deadline for tax settlement scheme till January 31The offer to settle the disputes was to end on December 31, but it has now been extended till January 31, said the Central Board of Direct ...
- Retrospective bans would eradicate diving, says DycheSOCCER-ENGLAND-BUR-DYCHE:Retrospective bans would eradicate diving, says Dyche
- Soccer-Retrospective bans would eradicate diving, says DycheSOCCER-ENGLAND-BUR/DYCHE:Soccer-Retrospective bans would eradicate diving, says Dyche
- Budget 2016: FM Arun Jaitley's efforts to settle retrospective tax demands may not succeedJaitley's proposal to enable corporate taxpayers to settle demands arising out of retrospective amendments may not cut much ice.
- CBDT bats for penalty waiver in retro tax cases; boost for Vodafone?CBDT has recommended waiver of penalties in cases where tax laws are applied retrospectively, two government officials familiar with the de...
- Final view on retro tax amendments by November 15: Finance MinistryThe government is likely to take a final view by November 15 on the Shome panel report, which had favoured prospective application of tax l...
- CBDT may waive off interest, penalty on retrospective tax: ChidambaramCBDT is considering issuing a circular waiving interest & penalty on taxes cos may have to pay as a result of the controversial retrospecti...
- End to Vodafone tax row in sight as interest, penalties on retrospective tax may goCBDT is likely to moot a proposal to exempt companies caught in the retrospective tax net from paying interest & penalties.
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