A bench of Justices BV Nagarathna and N Kotiswar Singh, which issued notice on the plea of the Congress against the March 13 high court order, however, said the ITAT can proceed on the political party's appeal.
The Delhi high court on Wednesday upheld an order of the Income Tax Appellate Tribunal (ITAT) refusing to stay a notice issued by the Income Tax department to the Congress party for recovery of outstanding tax of more than Rs 100 crore.
Ask rediffGURU and tax expert Mihir Tanna your income tax-related questions.
A Delhi court has allowed Congress MP Karti Chidambaram, accused in Aircel-Maxis and INX Media scam cases, to travel to Spain and the United Kingdom from June 25 to July 17.
Payment aggregators should have a minimum net worth of Rs 100 crore and if they don't manage to arrange that money within one year of putting out final guidelines, they should stop doing their business, says central bank's draft paper.
It has been brought to its notice by the government that some persons were taking undue advantage of the six month validity of cheques, drafts, pay orders.
The government said the Reserve Bank has decided to reduce the validity of cheques and bank drafts from the present six months to three months beginning next fiscal.
The apex court also postponed the date of hearing to July 19, 2011, from the previously scheduled hearing on February 5.
The University of Delhi announces the super-speciality entrance test (SET) for admission to medical courses.
A communication goof-up between Vijay Mallya-promoted Kingfisher Airlines and its banker saw a cheque of Rs 12,975 bounce, much to the embarrassment of the country's largest private carrier, which promptly arranged a bank draft for the recipient.
Alagappa University, Karaikudi, invites applications for its two-year MSc Biotechnology course.
The Department of Chemistry of Delhi University is launching a new three-year MTech programme in Chemical Synthesis and Process Technologies.
The University of Allahabad shall conduct an All India Written Test CRET-2007, at Allahabad only, for admission to its Doctor of Philosophy programme in various subjects.
Real time gross settlement has turned out to be a bane for banks as they are losing interest in remittances business and their golden goose -- float money -- is being killed.
Starting March eight this year, US passport application fees will be costlier by $12 and a person applying for L-1 visa will have to pay an additional $500 fee.
West Bengal Joint Entrance Examinations Board will declare the results for the WBJEE held on April 22, 2018.
Jaitley said the verdict held that nobody was guilty in the case and investigation agencies would take an appropriate decision, taking facts and history into account.
PAN will be a must for all transactions, including purchase of jewellery, above Rs 200,000 with effect from January 1, 2016
EPFO is also contemplating providing permanent or universal account number to it all active members by October this year.
Cap on bank withdrawals to be reviewed after Dec 30, says finance secy.
Rejecting the allegation of illegally receiving foreign funds, Aam Aadmi Party has told the Delhi high court that it got donations worth Rs 30 crore from Indian citizens only, out which about Rs 8.5 crore came from NRIs.
India Post may be keen to apply for payment bank licence.
Finance ministry maintains that all KYC requirements will be followed.
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