The transactions were allegedly not reported correctly in tax returns for FY20
Fund source, disclosures being examined
The angel tax is on the amount received as more than fair market value as income in the hands of a company
Reporting cap for beneficial owners lowered to 10%
To review the feasibility of MRP-linked compensation cess rates
Until Feb, net direct tax collection stood at Rs 13 trillion
With this, the monthly GST revenues remained over Rs 1.4 trillion for 12 straight months
Centre's opposition to the Vedanta-HZL deal is on account of valuation and the deal being a related-party transaction
The matter will be heard next on March 23
Financial bids may be invited a month or two after SCILAL is listed
I-T joins probe, quizzes chief financial officers seeking info on 'commissions'
GST Council also decided to clear the entire dues of GST compensation pending to states
GST Council may take up today expert panel's proposal to avoid multiplicity of audits by central, state authorities
Issue of tax treatment of MUVs may be deferred at Feb 18 GST Council meet
The system will also compare the two schemes in an easy-to-understand format, said another source
The Directorate General of GST Intelligence had in 2022 detected Rs 824-crore tax evasion by insurance companies
Finance minister Nirmala Sitharaman to address Sebi board as a part of customary practice after presenting the Budget
The assessee (Flipkart) argued that the matter was already decided in its favour by the income-tax appellate tribunal (ITAT) Bengaluru on the same issue earlier during assessment year 2015-16
Council was to meet on Feb 18, but schedule may be changed
The Budget has proposed the Vivad se Vishwas-2 scheme to settle long-pending litigation in cases where an arbitration order has been challenged in any Indian court