Search result for 'assessment order'

Supreme Court upholds trade tax on ink & chemicals used in printing lottery tickets. Details on the 25-year-old case & implications.

Punjab cabinet approves OTS scheme to recover pre-GST arrears of ₹11,968 crore. Waiver on interest & penalty. Details inside.

TajGVK Hotels has been issued a Rs 42.13 lakh tax demand for a service tax abatement discrepancy. The company plans to appeal the order.

Swiggy received a tax demand order of Rs 7.59 crore from Pune authorities for the period April 2021 to March 2022, alleging violation of profession tax deductions. The company plans to appeal the...

Tata Steel has challenged a tax reassessment order of over Rs 25,000 crore for FY18-19, arguing that the debt waiver shouldn't be considered taxable income. The company has moved the Bombay High...

Swiggy received a Rs 158 crore tax demand from the Income-tax department for FY22, citing alleged contraventions. The company is challenging the order.

Bosch Ltd has been issued a demand notice of over Rs 20 crore by the Income Tax department for the assessment year 2022-2023. The company plans to appeal the assessment order.

India's largest airline, IndiGo, has been slapped with a Rs 944.20 crore penalty by the Income Tax Department. The airline claims the order is erroneous and will contest it.

JK Lakshmi Cement received a Rs 45.6 crore income tax demand for AY 2022-23. The company plans to appeal the assessment order, citing legal grounds.

Bajaj Electricals has been issued a Rs 14.08 crore GST demand by Punjab authorities for alleged ITC mismatch. The company is exploring legal options.

The Income Tax Department conducted searches at Akums Drugs and Pharmaceuticals' premises from January 15-21. The company says it fully cooperated with officials.

GST Network clarifies that show cause notices and assessment orders issued on the GST portal don't require physical digital signatures, but are valid and verifiable. Learn more about the process...

The National Company Law Appellate Tribunal (NCLAT) has rejected a tax claim filed by the state tax department against Reliance Communications (RCom), observing that the assessment was made after...

Colgate-Palmolive (India) Ltd has received a Rs 248.74 crore tax demand notice from the Income Tax Authority for transfer pricing-related issues. The company plans to challenge the order.

Maruti Suzuki India Ltd has received a Rs 779.2 crore tax demand from the Income Tax authority for the financial year 2019-20. The company plans to appeal the order.

Punjab Finance Minister Harpal Cheema announced an extension of the One Time Settlement (OTS) scheme deadline to August 16 for taxpayers to settle outstanding dues. The scheme aims to reduce...

The GST Council has granted relief to small traders who faced ITC denial due to late filing. Goa CM Pramod Sawant raised the issue, leading to a waiver for returns filed by November 2021.

Hero MotoCorp received demand notices from the Income Tax department for Rs 605 crore for six assessment years. The company is examining the notices and plans to appeal.

Metropolis Healthcare has received a Rs 24.46 crore income tax demand from the Income Tax Department for assessment year 2023-24. The company plans to appeal the order.

The Indian Finance Ministry has announced an amnesty scheme for filing appeals against GST demand orders, extending the deadline to January 31, 2024. This scheme provides relief to taxpayers who...