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A Division bench of the Supreme Court, while hearing an appeal, discussed the objective and purpose behind setting up a Settlement Commission under the Income Tax Act 1961. The Court opined:“We find...
Yet another storm seem to be heading towards Kerala Chief Minister Pinarayi Vijayan’s direction after the New Delhi bench of the Income Tax Interim Settlement Board disallowed claims made by Cochin Minerals and Rutile Ltd (CMRL) to exempt payments amounting to Rs 1.72 crore made to his daughter Veena Vijayan.
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the income tax addition in respect of immovable property, warranting revision by the PCIT.The bench of Anubhav Sharma (Judicial...
Bethlehem/ PNN/ Report By Najeeb Faraj- Fatima Brijieh, the head of the Municipal Council for the villages in
business bureauthe trade and industry representatives raised various issues related to gst and income tax at the meeting of regional direct taxes advisory committee (rdtac) held recently here at aayakar bhavan, civil lines. the members