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April 12, 2024
The Bombay High Court has directed the disciplinary action against AO as no order has been passed on the rectification application filed by the assessee for six years.The bench of Justice K. R....
April 1, 2024
While relegating the taxpayer to file a revised appeal memo in Form No. 35 either on the e-filing portal of the department or physical form, the Jaipur ITAT restored the matter back to the file of...
March 13, 2024
The High Court appointed Senior Advocate Gaurav Pachnanda as amicus curiae to assist it in deciding the matter.
December 27, 2023
The issues identified encompass the disallowance of claims for deduction under sections 80-IE and 80-JJAA of the Income Tax Act
December 26, 2023
ZHL does not expect the said intimation to have any material financial impact as the above-mentioned adjustments are not sustainable in law and are wholly defendable on the facts of the case, the company added
December 26, 2023
Zydus Lifesciences reported that its subsidiary, Zydus Healthcare Ltd, has received an income tax notice demand of Rs 284.58 crore for the assessment year 2023-2024. The demand is attributed to apparent mistakes in the processing of the return of income. Zydus Lifesciences believes that once rectifications are made, the entire demand will be deleted.
October 3, 2023
Indian staffing firm Quess Corp announced it has received a tax demand for INR 3 billion (USD 36.0 million) for the assessment year 2019-2020.
August 30, 2023
The Himachal Pradesh High Court has quashed the revision petition filed by the Department against Nokia on the differential tax amount on the sale of mobile chargers.The bench of Justice Tarlok Singh...