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After High Court Setback, Congress To Approach Supreme Court In Over Rs 100 Crore Tax Dues Case
The Congress will move the Supreme Court to cancel a Delhi High Court order that allowed a tribunal to recover over Rs 100 crore outstanding tax from the party, sources said.
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Congress Moves Delhi High Court In Tax Penalty Case
The Congress on Monday moved the Delhi High Court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain tax returns.
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Congress Request To Stop Action Against Its Bank Accounts Rejected
In a big setback for the Congress just weeks ahead of the Lok Sabha elections, the Income Tax Appellate Tribunal has refused to accept the party's petition to stop the department's action against its bank accounts.
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"115 Crores Frozen, Don't Have That Much": Congress On Bank Accounts Row
The Congress today faced a temporary hurdle after the Income Tax department froze its main bank accounts, including those of the Youth Congress. However, the party challenged the move, and the Income Tax Appellate Tribunal unfroze the account.
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Relief To Google In Income Tax Case Over Payments From India To Ireland
Bengaluru bench of tax tribunal gives ruling after re-examining issues on orders of the Karnataka High Court
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After Supreme Court Rap, Centre's Notification On Tribunals Appointments
The government on Thursday issued a notification regarding rules for appointments to 12 tribunals, or quasi-judicial bodies, in various fields, including the Income Tax Appellate Tribunal and the National Company Law Tribunal.
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Centre Clears Appointments To Tribunals After Supreme Court's Ultimatum
Five days after Supreme Court expressed its displeasure over the way the Centre had enacted Tribunals Reforms Act, Centre cleared the appointment of judicial and technical members to National Company Law Tribunal and Income Tax Appellate Tribunals.
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BJP Attacks Gandhi Family Over Income Tax Tribunal Order
The BJP on Saturday attacked the Gandhi family after the Income Tax Appellate Tribunal rejected Congress leader Rahul Gandhi's plea to consider Young Indian (YI) as a charitable institution, accusing it of hiding the truth and indulging in corruption in the matter related to Associated Journals Limited (AJL).
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Tax Tribunal Withdraws Exemption To Congress-Controlled Young Indian
The Income Tax Appellate Tribunal (ITAT) has ruled that the withdrawal of income tax exemption to Young Indian, an entity controlled by Congress president Sonia Gandhi, her family and others, by the tax department is correct and it cannot be called a charitable organisation.
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Sushmita Sen Not Needed To Pay Tax On Coca Cola's #MeToo Payout
The Income Tax Appellate Tribunal (ITAT) passed an order in favour of Sushmita Sen, ruling the Rs 95 lakh that the actor received from beverages maker Coca Cola for settling a sexual harassment complaint would not be classified as an 'income'.
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In Relief For Taxpayers, Centre Ups Limit For Filing Appeals In Tax Cases
With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 per cent, Finance Minister Piyush Goyal said today.
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Top 5 Tribunals In India Have Combined Backlog Of Over 3.5 Lakh Cases: Law Panel
The top five central tribunals in the country have a combined backlog of over 3.50 lakh cases with the Income Tax Appellate Tribunal alone having over 91,000 pending matters, says a latest law commission report.
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Sold Properties To Buy A New House? Income Tax Ruling You Need To Know
Section 54F of Income Tax Act deals with exemption on long-term capital gains arising from sale of capital assets like plot of land and commercial house property.
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ITAT Has Not Accepted Money-Laundering Charges Against NDTV
Some media reports have completely misreported the recent order of the Income Tax Appellate Tribunal (ITAT) in a case related to the investment of $150 million in 2008 by GE/NBCU.
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NDTV To Appeal Against Any Adverse Tax Tribunal Order
This is with reference to reports in certain section of the media as well as social media regarding the rejection by the Income Tax Appellate Tribunal (ITAT) of an appeal filed by the Company against the assessment order for tax demand of Rs 450 crores for the assessment year 2009-10.
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After High Court Setback, Congress To Approach Supreme Court In Over Rs 100 Crore Tax Dues Case
The Congress will move the Supreme Court to cancel a Delhi High Court order that allowed a tribunal to recover over Rs 100 crore outstanding tax from the party, sources said.
-
Congress Moves Delhi High Court In Tax Penalty Case
The Congress on Monday moved the Delhi High Court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain tax returns.
-
Congress Request To Stop Action Against Its Bank Accounts Rejected
In a big setback for the Congress just weeks ahead of the Lok Sabha elections, the Income Tax Appellate Tribunal has refused to accept the party's petition to stop the department's action against its bank accounts.
-
"115 Crores Frozen, Don't Have That Much": Congress On Bank Accounts Row
The Congress today faced a temporary hurdle after the Income Tax department froze its main bank accounts, including those of the Youth Congress. However, the party challenged the move, and the Income Tax Appellate Tribunal unfroze the account.
-
Relief To Google In Income Tax Case Over Payments From India To Ireland
Bengaluru bench of tax tribunal gives ruling after re-examining issues on orders of the Karnataka High Court
-
After Supreme Court Rap, Centre's Notification On Tribunals Appointments
The government on Thursday issued a notification regarding rules for appointments to 12 tribunals, or quasi-judicial bodies, in various fields, including the Income Tax Appellate Tribunal and the National Company Law Tribunal.
-
Centre Clears Appointments To Tribunals After Supreme Court's Ultimatum
Five days after Supreme Court expressed its displeasure over the way the Centre had enacted Tribunals Reforms Act, Centre cleared the appointment of judicial and technical members to National Company Law Tribunal and Income Tax Appellate Tribunals.
-
BJP Attacks Gandhi Family Over Income Tax Tribunal Order
The BJP on Saturday attacked the Gandhi family after the Income Tax Appellate Tribunal rejected Congress leader Rahul Gandhi's plea to consider Young Indian (YI) as a charitable institution, accusing it of hiding the truth and indulging in corruption in the matter related to Associated Journals Limited (AJL).
-
Tax Tribunal Withdraws Exemption To Congress-Controlled Young Indian
The Income Tax Appellate Tribunal (ITAT) has ruled that the withdrawal of income tax exemption to Young Indian, an entity controlled by Congress president Sonia Gandhi, her family and others, by the tax department is correct and it cannot be called a charitable organisation.
-
Sushmita Sen Not Needed To Pay Tax On Coca Cola's #MeToo Payout
The Income Tax Appellate Tribunal (ITAT) passed an order in favour of Sushmita Sen, ruling the Rs 95 lakh that the actor received from beverages maker Coca Cola for settling a sexual harassment complaint would not be classified as an 'income'.
-
In Relief For Taxpayers, Centre Ups Limit For Filing Appeals In Tax Cases
With about Rs 5 lakh crore stuck in litigations, the government has decided to hike the threshold monetary limit for tax department to file appeals in tribunals and courts to bring down litigation by 41 per cent, Finance Minister Piyush Goyal said today.
-
Top 5 Tribunals In India Have Combined Backlog Of Over 3.5 Lakh Cases: Law Panel
The top five central tribunals in the country have a combined backlog of over 3.50 lakh cases with the Income Tax Appellate Tribunal alone having over 91,000 pending matters, says a latest law commission report.
-
Sold Properties To Buy A New House? Income Tax Ruling You Need To Know
Section 54F of Income Tax Act deals with exemption on long-term capital gains arising from sale of capital assets like plot of land and commercial house property.
-
ITAT Has Not Accepted Money-Laundering Charges Against NDTV
Some media reports have completely misreported the recent order of the Income Tax Appellate Tribunal (ITAT) in a case related to the investment of $150 million in 2008 by GE/NBCU.
-
NDTV To Appeal Against Any Adverse Tax Tribunal Order
This is with reference to reports in certain section of the media as well as social media regarding the rejection by the Income Tax Appellate Tribunal (ITAT) of an appeal filed by the Company against the assessment order for tax demand of Rs 450 crores for the assessment year 2009-10.
