Nov 15,2018  

SC dismisses Revenue’s SLP challenging Delhi HC judgement in case of Delhi Public School Society (assessee) for AY 2003-04; HC had held that assessee running 11 schools and over 100

Nov 14,2018  

Madras HC quashes prosecution proceedings launched u/s. 50 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 (‘BM Act’) against the Chidambaram family (Karti

Nov 17,2018  

Mumbai ITAT rules that compensation of Rs. 95 lacs received by Sushmita Sen (assessee, a film actress) from Coca Cola India Limited (CCIL) towards damages caused to assessee’s reputation, not income

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Finance Secretary Hasmukh Adhia retires

Finance Secretary Hasmukh Adhia, who oversaw the implementation of GST, retires; UIDAI CEO Ajay Bhushan Pandey likely to be appointed

Nov 17,2018

CBDT's policy to reward CIT(A) for 'quality orders' challenged before Delhi HC

Delhi HC to hear writ petition filed by All India Federation of Tax Practitioners ('Petitioner') challenging CBDT's policy to incentivize

Nov 16,2018

MCA notifies NFRA rules, arms it with wide powers; Clips ICAI wings

Ministry of Corporate Affairs (MCA) notifies the National Financial Reporting Authority (NFRA) Rules, gives it wide powers of standards setting,

Nov 14,2018

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Litigation Tracker

Nov 14,2018  

SC to hear Revenue's appeal against Andhra Pradesh HC ruling in Sanofi's case, in January  2019; AP HC had held that

Nov 13,2018  

SC to hear senior Congress leaders Sonia Gandhi & Rahul Gandhi's challenge against reassessment proceedings in connection with National Herald

Nov 02,2018  

Revenue raises concern before SC regarding Karnataka HC interpretation of Sec 271(1)(c) (penalty for concealment of income) in State Bank

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