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Rulings

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 15,2018  

Mumbai ITAT rules that conversion of cumulative and compulsory convertible preference shares (CCPS) into equity shares does not amount to ‘transfer’ u/s. 2(47), deletes long term capital gains (LTCG) addition;

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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

Government appoints Adjudicating Authority and establishes Appellate Tribunal under Benami Property Act

Government appoints Adjudicating Authority at New Delhi to exercise jurisdiction /  powers under Benami Property Act,  states that such Adjudicating

Nov 14,2018

Taxsutra Eyeshare: Applicability of Sec. 269SS / T provisions to co-operative societies / banks – An analysis

Taxsutra Eyeshare: Applicability of Sec. 269SS / T provisions to co-operative societies / banks – An analysis

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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