The Income Tax Department carried out a search action on 29.07.2021 on a large group based in Kanpur and Delhi. The group is in the business of manufacturing Pan Masala and in real estate. A

The Delhi High Court in a recent case upheld the loss dependency calculated by the Motor Accidents Claims Tribunal(MACT) as every police person is entitled to 13 month’s annual salary as per the circular. United

The Supreme Court ruled that the Resolution Plan approved under the Insolvency and Bankruptcy Code (IBC) cannot be challenged by Secured Creditors on grounds of Higher Amount payable on Security Interest. The appellant company, India

The Income Tax Appellate Tribunal (ITAT) New Delhi, has dismissed an appeal by the revenue finding it as an ‘unnecessary litigation’ and has asked the Central Board of Direct Taxes (CBDT) to take due care

The Amazon has invited applications for the post of Senior Staff Accountant. The Senior Staff Accountant will partner with the Global Payments Finance teams (based in the US) to support in launching, operationalizing, and maintaining

Shri Injeti Srinivas, Secretary (Corporate Affairs), today presented the Report of the Competition Law Review Committee to the Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman. The Committee consulted various stakeholders, including industry chambers, professional

This weekly round-up analytically summarises the key stories of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at taxscan.in during December 25 to December 31, 2022, the last week of 2022. CESTAT sets

Coronavirus has everyone worried about many things – your health, the health of your family, friends, job, and mainly money. With the economy taking a hit, many of us have been affected financially. Now is

The Central Board of Direct Taxes (CBDT) has issued norms for conducting Assessment proceedings through ‘E-Proceeding’ facility during the financial year 2019-20. In exercise of its powers under section 119 of the Income Tax Act,

The Directorate of Income Tax (Systems) has recently issued e-Verification Instruction No. 2 (i) of 2024 on March 19, 2024, directing Assessing Officers (AO’s) to take action under section 147 of the Income Tax Act,

The Kerala High Court quashed an order of the National Company Law Tribunal ( NCLT ) in declaring tax assessment order as void. The petitioner, Deputy Commissioner (Works Contract), has approached the Court under Article

The Allahabad High Court upheld the regular assessment order which alleged the shortage of chemical though they are registered in the stock register as there was no record brought by the asseese to show that

The Verizon has invited applications for the post of Analyst-Audit. Verizon is an American wireless network operator that previously operated as a separate division of Verizon Communications under the name of Verizon Wireless. Responsibilities: Assist

The Amazon has invited applications for the post of Senior Staff Accountant. The Senior Staff Accountant will partner with the Global Payments Finance teams (based in the US) to support in launching, operationalizing and maintaining

Based on intelligence developed jointly with officers of Gujarat ATS , the Officers of Directorate of Revenue Intelligence (DRI) are currently examining a consignment, imported by an Uttarakhand based firm at Kandla Port. The consignment