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Ahmedabad Income Tax Appellate Tribunal

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Hits and misses from the last Budget

Five key capital market announcements from the previous Budget. Proposal: Foreign investor investment ceiling on bourses raised from 5% to 15% Impact: None of the exchanges have seen any of their......

Sebi finds lack of evidence in tax evasion of 38K cr

Legal hurdle cited in I-T action against 32,000 entities. The Securities and Exchange Board of India has told the income tax department there's not enough evidence to establish a charge against......

The IPO scam that changed India's primary market

Sebi had found irregularities in 21 IPOs between 2003 and 2005. Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed,......

High court rules in favour of Vodafone in tax case

Vodafone pleaded in High Court that IT department had no jurisdiction in the transfer pricing case because the said transaction was not international and did not attract tax. In a big relief for......

Will 2015 bring good news for realtors?

Like 2013, cash-starved developers faced the problems of huge unsold housing stocks and buyers' protest against delay of up to 6-7 years in delivering projects, forcing them to focus on completion......

ED's notice to BCCI regarding IPL II fund transfer

The Enforcement Directorate has issued notice to the BCCI to explain transfer and routing of funds to the tune of Rs 1,600 crore in the conduct of the second season of Indian Premier League cricket......

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