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Income Tax Tribunal

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Cong gets fresh I-T notice for Rs 1,745 cr, total tax demand at Rs 3567 cr

In mounting trouble for the Congress, sources in the party said it has received fresh notices from the Income Tax department, raising a tax demand of Rs 1,745 crore for the assessment years 2014-15......

Delhi HC dismisses Cong's pleas against tax proceedings

The Delhi high court on Thursday rejected petitions by the Congress challenging the initiation of tax reassessment proceedings against it for a period of four years by tax authorities. Photograph:......

No relief for Cong as HC rejects pleas against tax re-assessment

In a massive setback to the Congress party ahead of the Lok Sabha elections, the Delhi High Court on Friday dismissed its pleas challenging the reassessment proceedings initiated against it by the......

HC upholds order directing Cong to pay Rs 100 cr tax

The Delhi high court on Wednesday refused to interfere with the order of the Income Tax Appellate Tribunal declining to stay a notice issued by the Income Tax department to the Congress party for......

Congress challenges I-T order in tax penalty case in Delhi HC

The Congress on Monday moved the Delhi high court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain......

Google Ireland gets tax relief on Rs 8.6K crore it got from India arm

An income tax tribunal held that the amount received by Google Ireland from Google India towards marketing and distribution rights of the AdWords programme is not royalty, and hence, cannot be......

NRI taxpayers cannot seek MAP if they opt for Vivad se Vishwas: CBDT

Authorities will allow the country’s taxpayers to access the mutual agreement procedure (MAP) for cross-border disputes. This is even if they had settled the case under the direct tax dispute......

What Went Wrong at Axis Mutual Fund

Following the money and freezing anything unaccounted is the only way to set an example for others, suggests Debashis Basu. Illustration: Uttam Ghosh/Rediff.com Recently, Axis Mutual Fund removed......

New tax regime: Big unexplained expenditure may lead to I-T review

Tax consultants and chartered accountants have started receiving a flurry of calls from their clients — both corporate and individuals — seeking clarity over changes in the reassessment......

Sebi didn't dilute NSE orders, acted as per remit: Tyagi

Days after the government went public with its intent to examine a Sebi order in the NSE matter, its outgoing chairman Ajay Tyagi on Wednesday made it clear that the markets regulator did not......

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