News

Life Insurance Corporation of India receives Rs 7099.97 Crore demand order (including Rs 6146.71 Crore income tax and Rs 953.25 Crore interest), planning to challenge.

LIC Faces Rs 7,099.97 Crore Income Tax Demand; Says No Material Impact on Operations

Even after the significant tax demand, the company confirmed that there is no material impact on its financial or operational performance at this stage.

HDFC Life Receives Rs 172 Crore Income Tax Order; Plans to Challenge in Appeal

Notifications

The CBDT has granted income tax exemption to Haryana Shehri Vikas Pradhikaran under Section 10(46A) of the Income-tax Act.

CBDT Grants Income Tax Exemption to Haryana Shehri Vikas Pradhikaran from AY 2024-25

KEC has disclosed receipt of a GST order from Gujarat authority involving disallowance of ITC, resulting in the imposition of a Rs 13.91 lakh fine.

KEC International Faces GST Demand Over ITC Disallowance; Plans to Challenge

Judgement

Supreme Court dismisses Revenue SLP against Vivo, affirming HC ruling that reassessment is invalid if assessee is not given opportunity to respond to new allegations

SC Dismisses Revenue SLP Against Vivo; Upholds HC Ruling Quashing Reassessment for Violation of Natural Justice

The company said that the receipt of this order does not have any material impact on the financial, operation or other activities of the company.

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LIC Faces Rs 7,099.97 Crore Income Tax Demand; Says No Material Impact on Operations

HDFC Life Receives Rs 172 Crore Income Tax Order; Plans to Challenge in Appeal

CBDT Grants Income Tax Exemption to Haryana Shehri Vikas Pradhikaran from AY 2024-25

KEC International Faces GST Demand Over ITC Disallowance; Plans to Challenge

SC Dismisses Revenue SLP Against Vivo; Upholds HC Ruling Quashing Reassessment for Violation of Natural Justice

Sky Gate Hospitality Faces Income Tax Demand of Rs 5.95 Crores