News

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

Emcure Pharmaceuticals has received multiple orders levying an aggregate penalty amounting to Rs 57.73 crore for the FYs 2014-15 to 2020-21.

Emcure Pharmaceuticals Receives Multiple Income Tax Orders Imposing Rs 57.73 Crore Penalty; Company Evaluates Legal Remedies

Judgement

The ITAT dismisses revenue appeal on low tax effect in Section 69B read with Section 115BBE dispute.


ITAT Rules CBDT Monetary Limit of Rs.60 Lakh Applies Where Section 115BBE Is Inapplicable to Business Income

The ITAT Delhi held CIT(A) must adjudicate legal and jurisdictional grounds before remanding assessment.


ITAT Delhi Remands Reassessment Appeals to CIT(A) for Failure to Decide Jurisdictional Grounds

Maruti Suzuki receives a Rs 149.64 million FY23 tax penalty order and plans to appeal, while saying the financial impact is likely to be insignificant.

Maruti Suzuki India Receives Rs 149.64 million Income Tax Penalty Order for FY23, Says Financial Impact Likely to Be Insignificant

NCERT’s new Class 9 textbook introduces income tax, personal finance, investing, saving and budgeting under the new tax regime.

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

Emcure Pharmaceuticals Receives Multiple Income Tax Orders Imposing Rs 57.73 Crore Penalty; Company Evaluates Legal Remedies

ITAT Rules CBDT Monetary Limit of Rs.60 Lakh Applies Where Section 115BBE Is Inapplicable to Business Income

ITAT Delhi Remands Reassessment Appeals to CIT(A) for Failure to Decide Jurisdictional Grounds

Maruti Suzuki India Receives Rs 149.64 million Income Tax Penalty Order for FY23, Says Financial Impact Likely to Be Insignificant

NCERT Introduces Income Tax Lessons in Class 9, Students to Learn New Tax Regime, Tax Slabs and How to Calculate Tax Liability