Live Law12h
'Circular Relied Upon By DK Shivakumar Not Applicable', IT Dept Says In Tax Evasion Case; Supreme Court Calls For Formal Affidavit
In the plea filed by Karnataka Deputy Chief Minister DK Shivakumar seeking dismissal of charges against him in a tax evasion ...
Economic Affairs Secretary Ajay Seth gets additional charge of Revenue
Ajay Seth takes charge as Revenue Secretary, overseeing GST Council and Income Tax Act review, following Malhotra's departure ...
Income-Tax Act Review, No Proposal To Change Slabs, Rates: Report
Finance Minister Nirmala Sitharaman announced the review of the Income-Tax Act, which comprises 298 sections, during the ...
Ahead of Budget 2025, revenue secretary Sanjay Malhotra's transfer to RBI leaves key position vacant
Revenue Secretary Sanjay Malhotra's unexpected transfer to the RBI just weeks before the Union Budget presentation has left a crucial vacancy in the Finance Ministry. With several new secretaries ...
Tax Guru21h
Amendment to section 43CA vide Finance Act 2020 has retrospective application: ITAT Kolkata
ITAT Kolkata held that amendment to section 43CA of the Income Tax Act vide the Finance Act, 2020 via which tolerance band for deviation between actual sale price and stamp duty valuation increased ...
Rate changes not a part of the Income-Tax Act review, says official
The income-tax review committee, tasked with overhauling the country’s decades-old laws, will not suggest changes to tax ...