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Income Tax Department issues Alerts around High-Value Crypto Transactions, notes KoinX

The Income Tax Department has issued alerts around high-value crypto transactions. The matter came to light earlier this week when KoinX’s Punit Agarwal observed a rise in income tax-related queries...

Income Tax Department issues Alerts around High-Value Crypto Transactions, notes KoinX
Kalyani B. Nair

ISD Credit in pre-GST Regime Wrongly Carried Forward into GST regime: Mahindra and Mahindra receives Rs 56 lakhs Penalty

The famous Indian multinational automotive manufacturing company, Mahindra and Mahindra received Rs 56 lakhs penalty alleging that the input service distributor (ISD) credit in pre-GST regime wrongly...

ISD Credit in pre-GST Regime Wrongly Carried Forward into GST regime: Mahindra and Mahindra receives Rs 56 lakhs Penalty
Kalyani B. Nair

IFSCA may allow Indian listed firms to launch QIP

Listed Indian companies could be allowed to launch qualified institutional placement (QIP) of shares through exchanges at International Financial Service Centres (IFSCS) using an abridged prospectus....

IFSCA - Indian - firms - launch QIP-TAXSCAN
Kalyani B. Nair

Zomato Firmly Denies Tax Liability against 402 crores GST Demand Notice

Zomato Ltd, the online delivery platform, was under scrutiny as it received a show cause notice (SCN) from the Goods and Services Tax (GST) office. The Directorate General of GST Intelligence (DGGI)...

Zomato Firmly Denies Tax Liability against 402 crores GST Demand Notice
Aiswarya Krishnadas

Income Tax Recruitment: Notification for 291 Inspector, MTS and other Posts at incometaxmumbai.gov.in

The Online applications for vacancies across the Income Tax department office in Mumbai have opened. Eligible and interested candidates can visit the official Income Tax Mumbai website--...

Income Tax Recruitment: Notification for 291 Inspector, MTS and other Posts at incometaxmumbai.gov.in
Kalyani B. Nair

Rs 284.58 crores Income Tax Demand Notice: Zydus Healthcare faces backfall

In a major setback to Zydus Lifesciences, it received Rs 284.58 crores income tax demand notice to its subsidiary, Zydus Healthcare. The demand, communicated under section 143(1) of the IT Act for...

Zydus Healthcare - Income Tax Demand - TAXSCAN
Kalyani B. Nair

Supreme Court’s Criticism on ‘Quality of Tribunal Members, Impacts on Slow Resolution and Quality Orders: Legal Experts [Read Order]

After the Criticism of the Supreme Court on the National Company Law Appellate Tribunal (NCLAT) and National Company Law Tribunal (NCLT) which have pointed out the quality of members and their impact...

supreme - court - criticism - taxscan
Yogitha S. Yogesh

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