News

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.

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

Judgement

The ITAT Delhi deletes Rs 1.50 crore section 68 addition on demonetisation cash deposits of liquor retailer.

ITAT Rules Controlled Liquor Trade And Audited Sales Records Support Cash Deposits 

The ITAT held that CIT(A) should have allowed withdrawal of Appeal after AO deleted entire deemed dividend addition under Section 154.


ITAT Allows Appeal After Section 2(22)(e) Addition of Rs.22.71 Crore Was Deleted in Rectification

Former Income Tax Officer Satish Kumar Bhadani gets 5 years’ rigorous imprisonment and Rs 1.5 lakh fine in a Rs 40,000 bribery case.

CBI Court Sentences Former Income Tax Officer to 5 Years in Bribery Case

The ITAT Delhi held that Mitsubishi Electric Europe’s Rs 2.96 Crore referral income as business income.

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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

ITAT Rules Controlled Liquor Trade And Audited Sales Records Support Cash Deposits

ITAT Allows Appeal After Section 2(22)(e) Addition of Rs.22.71 Crore Was Deleted in Rectification

CBI Court Sentences Former Income Tax Officer to 5 Years in Bribery Case

ITAT Holds Customer Referral Commission Not Taxable as FTS Under India-Netherlands DTAA