For Assessment Year 2019-20, the authorities demanded a tax of Rs 128.39 crore along with a penalty of Rs 19.25 crore.

In a positive development for Dalmia Bharat Limited, its wholly-owned subsidiary, Dalmia Cement (Bharat) Limited (DCBL), has ...

TaxFree RV, a vehicle registration specialist operating since 2005, announces enhanced services to help recreational vehicle owners navigate complex multi-state registration requirements through ...

The Tribunal upheld that textile sales were not genuine, sustaining commission estimation at 3% of turnover. Additions under section 68 were remitted to the Assessing Officer due to lack of ...

Long-term capital gains — that is, on assets held for a year or longer — are taxed at a 0%, 15% or 20% rate, depending on ...

The ITAT annulled the entire reassessment because the Section 148 notice was issued after the Supreme Court–mandated surviving-period cutoff. The ruling confirms that any notice beyond this timeline ...

For the people who have the money, it was simply driving those purchases and registrations to U.S. or Bahamas addresses,' ...