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IDBI Bank Fairfax 52878 Crore Deal: Regulatory and Tax Analysis
Explore the IDBI Bank and Fairfax 52,878 crore deal, covering Reserve Bank of India ownership regulations, cross-border financing, and tax implications.
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ITAT Raipur Rules DVO Reports Received After Six Months Invalidate Section 263 Revision
Discover how ITAT Raipur quashed Section 263 tax revisions because DVO valuation reports exceeded the statutory six-month limit under Section 142A.
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ITAT Bangalore Rules on Section 263 Revision and DVO Valuation Reports
Discover the latest ITAT Bangalore ruling stating that a DVO valuation report submitted beyond the six-month limit cannot support a Section 263 revision.
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ITAT Pune Approves Section 80P Deduction on Cooperative Bank Interest Income
Explore the ITAT Pune ruling allowing a significant Section 80P deduction on interest income from cooperative banks for eligible societies.
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Allahabad High Court Rules DRC-07 Discrepancy Constitutes Clerical Error Under GST
Allahabad HC sets aside GST rectification rejection regarding DRC-07 mismatch, ruling it an apparent clerical error and remanding for fresh review.
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Rajasthan High Court Quashes Time-Barred Income Tax Reassessment Notice
Rajasthan High Court sets aside an income tax reassessment notice issued beyond four years, ruling it time-barred under Section 149.
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Annual GST Return and Quarterly Tax Payments Proposed for B2C Businesses
Discover the proposed ARQP scheme allowing eligible B2C businesses with turnover up to Rs 5 crore to file annual GST returns and pay tax quarterly.
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Oil India Secures Landmark Special CBM Block Agreement
Discover the latest corporate developments as Oil India Limited signs a major contract for a specialized coal bed methane block, boosting future outlook.
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Madras High Court Rules Section 63 Assessment Mandatory Before GST Recovery
Madras HC sets aside Section 74 notice for an unregistered school, ruling that a proper Section 63 assessment is required prior to GST recovery proceedings.
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AMP Expenses Cannot Be Treated As International Transactions Without Proof: ITAT Delhi
ITAT Delhi rules advertising, marketing, and promotion expenses are not international transactions without proof of an arrangement. Read more on transfer pricing.