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Dubai-based executive ordered to pay ESOP-tax in India

In a recent order, the ITAT bench, comprising Pramod Kumar, vice-president, and Saktijit Dey, judicial member, rejected the contention of the HDFC Bank employee that the ESOPs related to employment in Dubai and the income (perquisite value) did not accrue or arise in India and hence was not taxable in India. ....

United Arab Emirates , Saktijit Dey , Pramod Kumar , Income Tax Appellate Tribunal , It Act , Income Tax , Hdfc Bank , Bit At , ஒன்றுபட்டது அரபு அமீரகங்கள் , பிரமோத் குமார் , வருமானம் வரி மேல்முறையீடு தீர்ப்பாயம் , அது நாடகம் , வருமானம் வரி , எச்டிஎஃப்சி வங்கி ,

Tax tribunal sets aside retrospective orders passed by ex-IRS officer SK Srivastava


Tax tribunal sets aside retrospective orders passed by ex-IRS officer SK Srivastava
Srivastava, who was compulsorily retired by the government on June 11, 2019 on charges of corruption and misconduct, had no jurisdiction to pass the orders, the tribunal observed
BusinessToday.In | January 13, 2021 | Updated 11:07 IST
The Income Tax Appellate Tribunal (ITAT) said that following SK Srivastava s retirement, he had become functus officio - an officer who has no further legal authority or legal effect
The Income Tax Appellate Tribunal (ITAT) has set aside backdated orders passed by tainted former IRS officer Sanjay Kumar Srivastava following his compulsory retirement in 2019 as not sustainable in the eyes of law. ....

Sanjay Kumar Srivastava , Revenue Service , Supreme Court , Mp Member Of Parliament , High Court , Income Tax Appellate Tribunal , Income Tax , Indian Penal Code , Corruption Act , Central Administrative Tribunal , Tax Tribunal , Bit At , Sk Srivastava , Retrospective Orders , Irs Officer Srivastava , Income Come Tax Officer , சஞ்சய் குமார் சிரிவாஸ்தவ , வருவாய் சேவை , உச்ச நீதிமன்றம் , எஂபீ உறுப்பினர் ஆஃப் பாராளுமன்றம் , உயர் நீதிமன்றம் , வருமானம் வரி மேல்முறையீடு தீர்ப்பாயம் , வருமானம் வரி , இந்தியன் அபராதம் குறியீடு , ஊழல் நாடகம் , வரி தீர்ப்பாயம் ,

ITAT omits inadvertent observations made against Cyrus Mistry in its order


The Income Tax Appellate Tribunal (ITAT) has expunged certain strong observations made against former Tata Sons chairman, Cyrus Mistry, on his access to information with respect to Tata Trusts.
The tribunal clarified that it had inadvertently failed to mention that the information furnished by Mistry was in response to an income-tax notice.
The tribunal’s corrigendum comes after it made strong remarks against Mistry while restoring the tax exemption of the three major Tata trusts Sir Dorabji Trust, JRD Trust and Ratan Tata Trust.
On Wednesday, the tribunal bench, presided over by Justice PP Bhatt and Pramod Kumar, said that their order of December 28 stands modified. ....

Cyrus Mistry , Tax Department , Tata Group , Tata Group On , Income Tax Appellate Tribunal , Tata Sons Chairman Cyrus Mistry , Income Tax Department , Tata Sons , Bit At , It Tribunal , சைரஸ் மிஸ்ட்ரி , வரி துறை , டாடா குழு , டாடா குழு ஆன் , வருமானம் வரி மேல்முறையீடு தீர்ப்பாயம் , டாடா மகன்கள் தலைவர் சைரஸ் மிஸ்ட்ரி , வருமானம் வரி துறை , டாடா மகன்கள் , அது தீர்ப்பாயம் ,