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Supreme Court’s landmark ruling in the Samsung Heavy Industries case could have a positive effect on ease of doing business in India

It took 14 years for the Samsung subsidiary to get a ruling in the case, but it has likely clear…

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1 min read

ITAT exploring possibility of arbitration, mediation for faster disposal of tax disputes

New Delhi, Jan 23 () The Income Tax Appellate Tribunal (ITAT) is exploring the possibility of arbit…

PTI   


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ITAT rejects Shah Rukh Khan’s contention to not pay tax on Dubai property

This decision will not only affect Khan but also several other taxpayers who have second home overs…

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3 mins read

Black Money: Foreign bank account holders accuse tax authorities of haste in filing complaints

However, as per lawyers and chartered accountants, the tax authorities are showing inappropriate ha…

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Have foreign assets or income? Not disclosing it may lead to heavy penalties

Recently, the IT Appellate Tribunal of Mumbai imposed a penalty of ₹10 lakh per year on taxpayers w…

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'Vivad se Vishwas' scheme: CBDT to review pendency of appeals

Under the proposed scheme, taxpayers willing to settle disputes shall be allowed a complete waiver …

PTI   


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AI can be used in judicial process but cannot replace human discretion: CJI

New Delhi, Jan 24 () Chief Justice of India S A Bobde on Friday underlined the need for artificial …

PTI   


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OPINION: These tech issues need clarity and amendments

India’s tax regime is being geared up to cover newer tech business models. However, …

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'Vivad se Vishwas' scheme: Finance ministry officials to hold national review meeting on Thursday

New Delhi, Feb 12 () Senior officials of the Union finance ministry and CBDT will hold a nationwide…

PTI   


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COVID-19 shifted life focus from accessories to nuances: Sri Sri Ravi Shankar

In an event titled 'How to remain happy while discharging duties in office, with family and society…

PTI   


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Union cabinet okays changes in 'Vivad se Vishwas' Bill for faster resolution in direct tax litigations

The Bill was introduced in the Lok Sabha earlier this month with the aim of reducing litigations re…

PTI   


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Budget proposes 'Vivad se Vishwas' scheme to cut down direct tax litigation

New Delhi, Feb 1 () With 4.83 lakh direct tax cases under litigation, the government on Saturday pr…

PTI   


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Lok Sabha passes Direct Tax Vivaad Se Vishwas Bill

Opposition has been protesting over the issue of Delhi violence and demanding an immediate discu…

PTI   


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FM reaches out to CAs to promote Vivad se Vishwas scheme

The government has a lot on its plate due to the coronavirus outbreak and "it would be just helpfu…

PTI   


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LS passes bill to settle disputed tax dues by March 31 without paying interest,penalty

Under the proposed scheme, taxpayers willing to settle disputes shall be allowed a complete waiver …

PTI   


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Vivaad Se Vishwas scheme to help save time, money in fighting

Under the proposed scheme, taxpayers willing to settledisputes shall be allowed a complete waiver o…

PTI