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The Bombay High Court has ruled that independent and non-executive directors of companies cannot be held responsible for acts of

Ruling authority for direct tax cases on cards

The revenue department is considering the setting up of a ruling authority like the Advance Pricing Agreement (APA) or Dispute

Tax authorities will now face action if a taxpayer makes voluntary payment of tax during a search. In a move

Pandav Roy had entered into an agreement with Merlin Projects for the purchase of a row house in a complex

The Pune Bench of the Income-Tax Appellate Tribunal recently confirmed the penalty imposed on a doctor under Section 271A of

A business that suffers embezzlement of funds by its staff cannot claim the loss as a ‘loss in business income’

If a personal guarantor passes away, the proceedings against him shall abate, the New Delhi bench of the National Company

Observing that the offence of money laundering cannot be treated lightly, the Supreme Court said that it was a more

It is an established principle of law that once an adjudicating authority (NCLT) approves a resolution plan, all other claims