I-T tribunal junks Cong plea to stop action against bank accounts

The Income Tax Appellate Tribunal on Friday dismissed the Congress party's appeal against imposition of penalty for discrepancies in tax returns for previous years and said it was exploring all......

SC questions HC order in Congress's tax case

The Supreme Court on Monday questioned the Delhi high court's decision asking the Congress party to approach the Income Tax Appellate Tribunal for a stay on Income Tax demand notice for recovery of......

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......

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:......

Make demergers tax-neutral, biz houses nudge govt

Ahead of the Union Budget 2026-27, Indian business houses have urged the government to make demergers tax-neutral, particularly in cases involving transfer of investments in associate companies......

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and......

Sony India wins tax tribunal's favour on ad spend

Indian subsidiary of consumer electronics major Sony has been allowed by income tax tribunal to claim deductions on its expenses on advertisement and sales promotion for calculating its tax......

Charitable entity status cannot be denied to BCCI, rules tax tribunal

The Income Tax Appellate Tribunal has accepted BCCI’s submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective,......

BCCI's cash soars by Rs 4,193 Cr in just one year

IMAGE: BCCI’s wealth jumps Rs 14,627 Cr in 5 years, now Rs 20K Cr. Photograph: Francis Mascarenhas/Reuters The BCCI has strengthened its coffers by Rs 14,627 crore over the past five years,......