The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) has held that interest is not leviable from the assessee for short payment of tax due to payer's default in  Tax Deduct at Source

The Kolkata Bench of the National Company Law Appellate Tribunal (NCLT) held that the amount given as share application money is not financial debt under the Insolvency and Bankruptcy Code, 2016 (IBC). The petition has

The Punjab and Haryana High Court has stayed the circular issued by the Central Board of Indirect Taxes and Customs (CBIC) concerning the taxability of corporate guarantees. The circular was stayed to the extent that

The Allahabad bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that service tax is not demandable on logistics charges recovered from buyers when Value Added Tax ( VAT

Chief Judicial Magistrate of Kanpur Nagar, Uttar Pradesh, Kumud Lata Tripathi issued a Non-Bailable Warrant ( NBW ) against the director of a security service agency, on Thursday, on charges of service tax evasion. The

The Kolkata Bench of the National Company Law Tribunal ( NCLT ) held that the NCLT is not empowered to set aside arbitral award passed during moratorium period under Section 14 of the Insolvency and

The JPMorgan Chase & Coinvited applications for the post Financial Analysis - Associate. Qualification Chartered Accountant/CFA/MBA (Finance) (or similar educational background) with 10+ years of post-qualification experience Experience in planning and analysis/financial management / accounting

The Income Tax Appellate Tribunal ( ITAT ) has deleted the addition of 5 crore, citing the absence of corroborative evidence to prove that the taxpayer had indeed made any payment of Rs. 5 crores.

The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has quashed the reopening of assessment, ruling that the notice issued under Section 148 of the Income Tax Act, 1961 was held to

The Delhi High Court quashed the summons issued by the Additional Chief Metropolitan Magistrate (ACMM), Patiala House Courts, New Delhi, for not taking cognizance or any directions for issuing the summons against the petitioner. The

The Enforcement Directorate ( ED ) arrested the Jharkhand Minister Alamgir Alam in a Money Laundering Case. The ED recovered a huge amount of Rs. 35.23 crores from his Personal Assistant followed by his arrest.

The Two member bench of Delhi Income Tax Appellate Tribunal (ITAT) upheld the  deletion of addition made on account of expenditure incurred on e-stamp duty expenses paid towards Non-Convertible Debenture issued by the Dish Infra

The Mumbai bench of the National Company Law Tribunal ( NCLT ) has approved the resolution plan of Sapphire Media for Reliance Broadcast Network's FM radio business, Big 92.7 FM. Big FM, owned by Reliance

In a significant case, the Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has held that the agreement for supply of water not a right to use natural resources and

The Delhi High Court issued the notice to the department in a petition assailing the jurisdiction to adjudicate the Show Cause Notice ( SCN ), which has not been adjudicated for nearly 14 years. M/s