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The original penalty was RUB 20.09 million (Rs 24.50 million), which has been slashed to RUB 9.27 million (Rs 11.40 million).

Dr. Reddy's Russian Subsidiary Gets Major Relief as Penalty Reduced to Rs 11.40 Million

Judgement

ITAT allows actuarial employee benefit provisions, deletes major expense disallowances, and grants substantial relief

Actuarial Employee Benefit Claims Allowed; ITAT Deletes Large Expense Additions

A unified declaration (Form 121) under the Income Tax Act 2025 enabling eligible taxpayers to claim TDS exemption by declaring nil tax liability.

EPFO releases clarification for transition from Income Tax Form 15G/15H to unified Form 121

The tribunal ruled that when substantial justice and technical considerations are pitted against each other, the cause of substantial justice deserves to be preferred.

Substantial Justice Should be Preferred Over Technical Delay in Appeal Filing: ITAT

Tribunal Holds Orders Void Ab Initio Where Department Ignored Repeated Intimations of Merger

ITAT Quashes Assessment Passed in Name of Non-Existent Amalgamated Company

A court denied bail to a 21-year-old Panipat youth accused of orchestrating a multi-crore fake ITC scam through a network of non-existent firms and bogus invoices.

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Dr. Reddy's Russian Subsidiary Gets Major Relief as Penalty Reduced to Rs 11.40 Million

Actuarial Employee Benefit Claims Allowed; ITAT Deletes Large Expense Additions

EPFO releases clarification for transition from Income Tax Form 15G/15H to unified Form 121

Substantial Justice Should be Preferred Over Technical Delay in Appeal Filing: ITAT

ITAT Quashes Assessment Passed in Name of Non-Existent Amalgamated Company

Rs 22 Crore Fake ITC Scam: Panipat Youth Denied Bail in Bogus Firm Network Case