News

Snowman Logistics receives a Rs 2,06,56,802 income tax penalty demand for FY24 and plans to challenge the order through an appeal.

Snowman Logistics Receives Rs 2.06 Crore Income Tax Demand for FY24, Plans to Challenge Penalty Order

Judgement

Supreme Court held that CBDT circulars and instructions may bind Income Tax Department officials but cannot dictate how courts interpret the Income Tax Act.

CBDT Circulars and Instructions Cannot Bind Courts on Income Tax Act Interpretation, Holds Supreme Court

Bharat Bijlee Limited has received an income tax demand order of Rs 58,30,903 for the assessment year 2020-21, the company said in a regulatory filing dated October 1, 2026.

Bharat Bijlee Receives Rs 58.3 Lakh Income Tax Demand Over Excess Refund and Interest Re-Computation

Punjab National Bank has received a SEBI warning over alleged insider trading rule violations involving six individuals, with no financial penalty imposed on the bank.

Punjab National Bank Receives SEBI Administrative Warning Over Alleged Insider Trading Violations Involving Six Individuals

Articles

Pharmaceuticals, textiles, footwear, fertilisers, renewable energy and EV sectors may seek relief from accumulated ITC arising from persistent inverted duty structures under GST.

GST Reform: Pharma, Textiles, EVs and Other Sectors Seek Relief from Accumulated ITC

Uttarakhand tax officials recover Rs 2.25 crore from Eden Senior Living over alleged GST irregularities involving flat sales.

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Snowman Logistics Receives Rs 2.06 Crore Income Tax Demand for FY24, Plans to Challenge Penalty Order

CBDT Circulars and Instructions Cannot Bind Courts on Income Tax Act Interpretation, Holds Supreme Court

Bharat Bijlee Receives Rs 58.3 Lakh Income Tax Demand Over Excess Refund and Interest Re-Computation

Punjab National Bank Receives SEBI Administrative Warning Over Alleged Insider Trading Violations Involving Six Individuals

GST Reform: Pharma, Textiles, EVs and Other Sectors Seek Relief from Accumulated ITC

Uttarakhand Tax Dept Recovers Rs 2.25 Crore From Eden Senior Living Over GST Irregularities