Searched for
TAX RECOVERY PROCEEDINGS
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Cabinet approves Rs 10,000 crore fund to cap jet fuel prices; clears Rs 24,249 crore highway projectsAviation Turbine Fuel prices will be capped by state-run oil companies. The government has approved a ₹10,000 crore support scheme. This ai...
Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
Top cases on the United States Supreme Court's docketThe U.S. Supreme Court is reviewing significant cases. These cases cover voting rights, presidential authority, immigration policies, and g...
Comcast's dirty secret cost them $117 million, you could be owed $10,000; here's how to grab your share by August 14The Comcast $117.5 million settlement has triggered a nationwide rush as millions of Americans now check eligibility for a possible $10,000...
Rupee under pressure: Weak inflows push India back to familiar defence toolsWith the rupee under pressure and international unrest growing, India is on the lookout for solutions to enhance dollar inflows. One potent...
Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
Bombay HC quashes Rs 1,524 crore proposed GST demand on Tata Sons in Docomo arbitration payout caseThe Bombay High Court quashed a Rs 1,524 crore GST demand against Tata Sons, ruling that payments made to NTT Docomo as an arbitration awar...
HUL is caught in a war of costs as Middle East conflict flaresHindustan Unilever celebrated a solid profit for the March quarter, yet issued a caution regarding escalating geopolitical tensions. The on...
Asset allocation: Buy smallcap banks, avoid largecap IT, bet on power, consumption: Rakesh VyasRakesh Vyas of Quest Investment Managers sees market volatility as a buying chance. He favors smallcap stocks benefiting from government st...
Stocks in news: SBI Life, Trent, Tata Investment, HCL Tech, Suzlon EnergyIn today's trade, shares of SBI Life, Trent, Tata Investment, HCL Tech, Suzlon Energy among others will be in focus due to various news dev...
Akshaya Tritiya Alert: Fake gold-silver scam exposed. How conman who earlier duped Aditya Pancholi & Salim Khan's aide trapped victimsAn interstate fake gold coin scam targeting wealthy individuals was busted by Gurgaon Police, with the arrest of Solanki Prabhubhai Gulshan...
Delhi High Court asks CBDT to clarify tax on partners’ bonuses, stays recoveryTax authorities nationwide are demanding taxes on partner bonuses and performance pay. Professional firms argue this income is already taxe...
CBIC issues fresh norm for recovery of GST duesThe CBIC issues a new guideline for taxpayers to address outstanding dues until the GSTAT is functional. Payments can be made via electroni...
CBIC issues instructions for initiating early GST recoveryThe CBIC has authorized Principal Commissioners or Commissioners to demand GST dues within three months of a demand order if necessary for ...
Delhi HC set to pass order on Cong's pleas against tax re-assessment proceedingsDelhi High Court to rule on Congress party's tax challenge involving over Rs 520 crore 'escaped' income. Justices Varma and Kaurav's decisi...
No tax claims after winding up order of company passed, says CBICThe circular says in case of a bankrupt defaulter, tax officers cannot make any claims after the date of winding up order of a company, and...
No use of coercive powers by tax officers in case of recoveries: CBDTThe Central Board of Direct Taxes (CBDT) has restricted the coercive or intrusive powers of tax officers in case of tax recoveries, with im...