Mumbai addressed an appeal filed by Maharashtra Mantralaya Shaskiy Karmachari Co-op Credit Society Ltd., contesting the disallowance of deductions under Section 80P(2)(a)(i) and 80P(2)(d) of the ...

In a significant ruling that could impact thousands of non-resident Indian (NRI) investors, the Mumbai bench of the income ...

1. Minor procedural lapses should not lead to denial of 12AB registration if the trust’s charitable activities remain genuine ...

The Supreme Court has upheld Piramal Group’s landmark acquisition of Dewan Housing Finance through a reverse merger in 2021, ...

MUMBAI: In a significant decision, Income Tax Appellate Tribunal (ITAT), Mumbai, has held that the value of a new flat ...

BCCI is the richest cricket board, but does it pay tax on its massive IPL earnings? Here’s what you need to know about its ...

The Madras High Court while referring sections 43B and 40A Income Tax Act explained which provision prevails when both ...

In a significant ruling, the Mumbai bench of the income tax appellate tribunal (ITAT) recently held that income additions ...

Monica Capoor, a retired teacher in Gurgaon, received a notice from the I-T department claiming she profited ₹279 crore from ...

Deepak Fertilisers & Petrochemicals Corp.' subsidiary, Mahadhan AgriTech Ltd., received a tax demand notice of Rs 252.52 crore from the income tax authority of Mumbai for the assessment years 2015-16 ...

The BCCI stands tall as the richest cricket board globally, with revenue reported to have surged to an astounding Rs 20,686 crore in the 2024 financial year. This increase reflects a substantial jump ...

InterGlobe Aviation faces ₹944.20 crore penalty from income tax department, plans to contest the order legally.