It found that while suspicions regarding price manipulation in Dhanleela Investment & Trading Co. Ltd. were valid, the Revenue failed to establish any direct link between Gupta and the alleged ...
Bombay High Court has quashed a notice of reassessment issued to Hindustan Lever Ltd. under Section 148 of the Income-tax Act, 1961, for the assessment year 1997-98. The court determined that the ...
Federal agencies will begin to vacate hundreds of offices across the US this summer under the push by Elon Musk’s DOGE to terminate leases they say waste money.
After promising during his election campaign to put tariffs back at the center of US economic policy, President Donald Trump ...
Conclusion: Revision order issued by PCIT was quashed against Make My Trip (India) Private Limited as AO had conducted a proper inquiry before allowing the deduction of Employee Stock Option Plan ...
National Oceanic and Atmospheric Administration (NOAA) is set to lose about 1,000 additional employees, following an earlier reduction of 1,300 workers, totaling a 20% workforce cut. Experts warn this ...
3d
Section 158AB of the Income Tax Act, 1961, was introduced to reduce repetitive litigation by deferring certain appeals when ...
Newspoint on MSN3d
Income Tax Bill: Income Tax officers can check social media and emails, know what is the government's plan..The new Income Tax Act is going to be implemented from April 1, 2026, and many major changes have been made in it as compared ...
AO had rightly reopened assessee’s case as there was no change of opinion but all the aspects should have been taken into consideration by AO under proceedings related to Section 143 (1) and assessee ...
America's debt trajectory, nearing $30 trillion, is unsustainable, needing $10 trillion in deficit reduction over the next ...
The ITAT bench ruled that the income tax department's reassessment of Shah Rukh Khan's case was not legally justified.
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