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Special Bench Of Income Tax Appellate Tribunal

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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......

In a first, SC collegium to upload its decisions on website

The Supreme Court collegium has decided to upload on the apex court's website decisions taken by it including elevation, transfer and confirmation of judges in order to ensure transparency in its......

When India got her first female Supreme Court judge

It was in 1989, 39 years after the setting up of the Supreme Court in 1950, that Justice M Fathima Beevi was appointed a judge in the highest court in the land.28 years on, only six women have been......

Bail hearing adjourned, Jayalalithaa to stay in jail

Jailed All India Anna Dravida Munnetra Kazhagam supremo Jayalalithaa will have to stay in prison for at least 6 more days as the vacation bench of the Karnataka High Court on Wednesday posted for......

Jayalalithaa's bail plea to be heard tomorrow

The Karnataka high court will hear jailed former Tamil Nadu chief minister Jayalalithaa's application on Wednesday seeking immediate bail and suspension of conviction and jail sentence in the......

NCLT junks Mistry's plea against his removal from Tata Sons

NCLT in its judgement said: "The removal of Cyrus Mistry as executive chairperson was because the board lost confidence and not because they were contemplating that he would cause discomfort to......

Of Welspun, Cyprus and the FEMA conundrum

The sluggish legal system in India makes it extremely difficult for law-enforcing agencies in the ministry of finance to punish violations of foreign exchange laws. Unfortunately, it is not just......

A whopping Rs 4 lakh crore stuck in tax appeals

Total number of tax disputes in SC cross 10,000, in HC -- 32,000 in tribunals over 300,000 The centre and Supreme Court are taking progressive measures to reduce the tax litigation in India but it......

LG India gets tax demand on high advertising spend

The Income Tax department has got a shot in the arm, with a special bench constituted by the Income Tax Appellate Tribunal ruling that consumer electronics major LG Electronics India is liable to......

Portfolio service users get a tax breather

An income tax tribunal has ruled that the fee paid for portfolio management services is deductible while computing capital gains.This may benefit high net-worth individuals who use the services of......

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