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The court noted that this encashed amount roughly translates to 48% of the outstanding demand.
In a recent ruling by the Gujarat High Court, it has been held that the deduction under Section 35(2AB) of the Income Tax Act cannot be denied merely due to the failure of the authority to send...
The Orissa High Court has held that the order passed by the Income Tax Appellate Tribunal (ITAT) dismissing the department’s appeal on the ground of the low tax effect is appealable before the High...
The Cognizant Technology has challenged the order of the Income Tax Appellate Tribunal (ITAT) which upheld the dividend distribution tax demand on buyback of Rs. 19,000-crore shares before Madras High...