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SC questions HC order in Congress's tax case

The Supreme Court on Monday questioned the Delhi high court's decision asking the Congress party to approach the Income Tax Appellate Tribunal for a stay on Income Tax demand notice for recovery of......

Congress challenges I-T order in tax penalty case in Delhi HC

The Congress on Monday moved the Delhi high court challenging the dismissal of its plea by the Income Tax Appellate Tribunal (ITAT) against the imposition of penalties for discrepancies in certain......

HC upholds order directing Cong to pay Rs 100 cr tax

The Delhi high court on Wednesday refused to interfere with the order of the Income Tax Appellate Tribunal declining to stay a notice issued by the Income Tax department to the Congress party for......

I-T has withdrawn Rs 65 cr from our bank accounts, claims Cong

The Congress on Wednesday alleged that the Income Tax department has "withdrawn" a sum of Rs 65 crore from its accounts in different banks "undemocratically" even when the case pertaining to their......

Cong's bank accounts 'unfrozen' after I-T action claim

The Congress' main bank accounts were frozen on Friday over an income tax demand of Rs 210 crore but an I-T appellate tribunal later allowed it to operate them pending a further hearing next week,......

Google Ireland gets tax relief on Rs 8.6K crore it got from India arm

An income tax tribunal held that the amount received by Google Ireland from Google India towards marketing and distribution rights of the AdWords programme is not royalty, and hence, cannot be......

NRI taxpayers cannot seek MAP if they opt for Vivad se Vishwas: CBDT

Authorities will allow the country’s taxpayers to access the mutual agreement procedure (MAP) for cross-border disputes. This is even if they had settled the case under the direct tax dispute......

Charitable entity status cannot be denied to BCCI, rules tax tribunal

The Income Tax Appellate Tribunal has accepted BCCI’s submission that the latter's objective is the promotion of cricket and it enjoys the power of holding IPL for achieving its objective,......

Vedanta drops cases against govt to settle retro tax dispute

Billionaire Anil Agarwal's mining group Vedanta on Monday said it has withdrawn cases in the Delhi high court as well as before an international arbitration tribunal to settle a Rs 20,495 crore......

Retro tax settlement with Cairn may hinge on Vedanta case

India lost the international arbitration with Cairn Energy at The Hague in December and the former was given an award of $1.2 billion. The Union government’s offer of settling the......

Resul Pookutty's next after Slumdog Millionaire

Oscar winning sound designer Resul Pookutty, who won many fans for his work in the Oscar winning movie Slumdog Millionaire, isback with his firstIndian movietitled Pazhassi Raja. The film, which......

Asiad: Somdev survives scare to reach final

Somdev Devvarman inched closer to a historic tennis gold at the Asian Games as the gritty Indian overcame a stunning second-set lapse to tame Tatsuma Ito and seal a place in the men's singles......

Cash ready to rock Chennai

It is difficult to say which of them is more popular -- Pat Cash or Pat Cash's chequered bandana, which also has his signature on it.At the Nungambakkam tennis stadium in Chennai on Sunday, a lot......

Schumacher discussing Ferrari contract extension

Formula One champion Michael Schumacher is talking to Ferrari about staying on after 2006.Asked whether team boss Jean Todt had talked to him about eventual replacements, the 36-year-old German......

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