Judgement

ITAT Bangalore held that once an NCLT-approved resolution plan extinguishes government dues, pending tax demands cannot be enforced, rendering the appeal infructuous.

IBC Overrides Income Tax Demands: ITAT Rules NCLT-Approved Plan Nullifies Past Dues, Dismisses Appeal

News

United Breweries Limited has received a Rs 22.5 crore tax demand from Maharashtra VAT authorities over missing C and F declaration forms for FY 2021-22 and is considering an appeal.

United Breweries Faces Rs 22.5 Crore Tax Demand from Maharashtra VAT Authorities, Plans Legal Challenge

The Income Tax Department has simplified the process for making PAN-based TDS payments by introducing a unified Form 141 under section 393(1) of the Income Tax Act 2025.

Income Tax Update: PAN-Based TDS Payments Can Now Be Made Using a Single Form 141

Court rejects bail citing evasive conduct, false statements, and need for custodial interrogation

High Court Denies Anticipatory Bail in PMLA Case Over Non-Cooperation

Orders

The company was fined Rs 3 lakh by the ROC Ahmedabad for failing to appoint a mandatory woman director for 1,398 days.

ROC Ahmedabad Imposes Penalty for Non-Appointment of Woman Director

Press Release

The Income Tax Act 2025 has been implemented, replacing the 1961 Act, to simplify the tax system and introducing new rules and forms for easier compliance and administration.

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IBC Overrides Income Tax Demands: ITAT Rules NCLT-Approved Plan Nullifies Past Dues, Dismisses Appeal

United Breweries Faces Rs 22.5 Crore Tax Demand from Maharashtra VAT Authorities, Plans Legal Challenge

Income Tax Update: PAN-Based TDS Payments Can Now Be Made Using a Single Form 141

High Court Denies Anticipatory Bail in PMLA Case Over Non-Cooperation

ROC Ahmedabad Imposes Penalty for Non-Appointment of Woman Director

Introduction to Income Tax Act 2025: Objective of Tax System Simplification