Supreme Court Stays Punjab & Haryana HC Ruling on Income-Tax Reassessment
The Supreme Court has stayed the Punjab & Haryana High Court judgment that struck down Section 147A of the Income-tax Act as unconstitutional. However, the Cour…
Direct Tax: Legal News & Updates
Articles, case updates and legal news tagged "Direct Tax".
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Supreme Court to Hear Centre's Appeal on Income-Tax Reassessment Powers
The Supreme Court is set to hear the Centre's appeal against a Punjab & Haryana High Court judgment that struck down Section 147A of the Income Tax Act, a provi…
BBC tax raid case: ITAT partly allows appeals, reduces taxable profit in India to 12 percent
The Income Tax Appellate Tribunal (ITAT) has partly allowed appeals filed by BBC Global News Limited and reduced the profit attributable to its Indian operation…