Breaking India’s tax litigation gridlock

Breaking India’s tax litigation gridlock

Source: Live Mint Consider this. Of the Central Board of Direct Taxes’ (CBDT) total tax demand of about ₹42.3 trillion in financial year 2023-24, about 74%, or ₹31.4 trillion, was under dispute, as per the parliamentary standing committee’s report in December. The largest pendency in litigation lies at the first appellate level—the Commissioner of Income…

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Gensol Engineering share price jumps 5% as promoter raises stake in engineering stock | Stock Market News

Gensol Engineering share price jumps 5% as promoter raises stake in engineering stock | Stock Market News

Source: Live Mint Gensol Engineering share price jumped by 5% during Thursday’s trading after the promoter and managing director, Anmol Singh Jaggi, increased his ownership in the firm. In an exchange filing, the company announced that Jaggi has obtained an additional 26,500 shares through open market transactions. As a result, Jaggi’s ownership stake in the…

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