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ITC rule: Bombay High Court seeks response from state’s revenue dept
  • Finance

ITC rule: Bombay High Court seeks response from state’s revenue dept

TheSpuzz Desk7 months ago05 mins

Source: Business Standard 3 min read Last Updated : Oct 14 2024 | 11:00 PM IST The Bombay High Court has recently granted an interim stay on a court order asking Enzene Biosciences Ltd to reverse proportionate Input Tax Credit (ITC) on interest earned on fixed deposits(FDs), and directed the pharmaceutical company to pay…

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SC upholds 90,000 tax reassessment notices issued under old regime
  • Finance

SC upholds 90,000 tax reassessment notices issued under old regime

TheSpuzz Desk8 months ago05 mins

Source: Business Standard 3 min read Last Updated : Oct 03 2024 | 11:27 PM IST The Supreme Court (SC) on Thursday upheld the position of the Revenue Department in a reassessment dispute case that may adversely impact more than 90,000 assessees who received tax notices in April-June 2021 under the old reassessment regime….

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SC upholds I-T dept’s tax notices; ruling allows it to go beyond 3-yr rule
  • Finance

SC upholds I-T dept’s tax notices; ruling allows it to go beyond 3-yr rule

TheSpuzz Desk8 months ago05 mins

Source: Business Standard 3 min read Last Updated : Oct 03 2024 | 10:33 PM IST The Supreme Court (SC) on Thursday upheld the position of the Revenue Department in a reassessment dispute case that may adversely impact more than 90,000 assessees who received tax notices in April-June 2021 under the old reassessment regime….

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Trending News

IndiGo shares in focus tomorrow after Customs authorities slaps penalty worth  ₹2.76 crore | Stock Market News
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IndiGo shares in focus tomorrow after Customs authorities slaps penalty worth ₹2.76 crore | Stock Market News
NMDC Q4 Results: Net profit rises 5% to  ₹1,483 crore, revenue up 8% YoY; Dividend declared | Stock Market News
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NMDC Q4 Results: Net profit rises 5% to ₹1,483 crore, revenue up 8% YoY; Dividend declared | Stock Market News
Wall Street today: US stocks rise after Trump pauses tariffs on EU | Stock Market News
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Wall Street today: US stocks rise after Trump pauses tariffs on EU | Stock Market News
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