Judgement

Supreme Court Refuses to Interfere; Key Issues on Reinsurance, Foreign Payments, MAT Applicability and Section 14A Decided in Favour of Assessee

SC Dismisses Income Tax Department's SLP against Cholamandalam MS General Insurance

Notifications

The CBDT has granted income-tax exemption to the Visakhapatnam SEZ Authority for specified income, subject to certain conditions.

Govt. Notifies Income Tax Relief To Visakhapatnam Special Economic Zone Authority

The CBDT has notified the Varanasi Development Authority for income tax exemption under the Income-tax Act, subject to conditions.

CBDT Grants Tax Exemption to Varanasi Development Authority Under Section 10 of Income-tax Act

News

Life Insurance Corporation of India receives Rs 7099.97 Crore demand order (including Rs 6146.71 Crore income tax and Rs 953.25 Crore interest), planning to challenge.

LIC Faces Rs 7,099.97 Crore Income Tax Demand; Says No Material Impact on Operations

Even after the significant tax demand, the company confirmed that there is no material impact on its financial or operational performance at this stage.

HDFC Life Receives Rs 172 Crore Income Tax Order; Plans to Challenge in Appeal

The CBDT has granted income tax exemption to Haryana Shehri Vikas Pradhikaran under Section 10(46A) of the Income-tax Act.

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SC Dismisses Income Tax Department's SLP against Cholamandalam MS General Insurance

Govt. Notifies Income Tax Relief To Visakhapatnam Special Economic Zone Authority

CBDT Grants Tax Exemption to Varanasi Development Authority Under Section 10 of Income-tax Act

LIC Faces Rs 7,099.97 Crore Income Tax Demand; Says No Material Impact on Operations

HDFC Life Receives Rs 172 Crore Income Tax Order; Plans to Challenge in Appeal

CBDT Grants Income Tax Exemption to Haryana Shehri Vikas Pradhikaran from AY 2024-25