News

BHEL has received major relief as Telangana GST authorities dropped the Rs 207.26 crore tax demand raised against the company for FY 2022-23.

BHEL Gets Major Relief as GST Department Drops Rs 207.26 Crore Demand for FY 2022-23

Hyderabad's EOW is investigating an alleged Rs 670 crore investment fraud involving around 7,400 investors, with the accused reportedly promising 4% monthly returns through companies including Shares Bazaar Pvt Ltd and Kisaan Parivar Ltd.

Hyderabad Investment Fraud: Man Allegedly Cheats 7,400 Investors of Rs 670 Crore by Promising 4% Monthly Returns

Judgement

The ITAT Lucknow directs AO to examine agreement between Kapoor Agencies and Macleods Pharma.

ITAT Remands Theft Loss Claim for Verification of Recovery Made by Pharmaceutical Company

The CBI has arrested an Assistant Director of the Plant Quarantine Station (PQS), Visakhapatnam, and a private person in a 1 lakh bribery case. 

CBI Arrests Assistant Director of Plant Quarantine Station, Visakhapatnam, and a Private Person in a 1 Lakh Bribery Case

Notifications

CBDT exempts eligible dividend payments between IFSC units primarily engaged in aircraft leasing from TDS under Section 393(1), subject to submission of Form No. 1(N) and fulfilment of prescribed conditions.

CBDT Exempts Dividend Payments Between IFSC Aircraft Leasing Units From TDS Under Section 393(1)

CBDT has amended Notification No. 24/2019 to revise the applicable assessment years for the income tax exemption granted to APERC under Section 10(46).

CBDT Revises Assessment Years for APERC’s Income Tax Exemption Under Section 10(46)

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