Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]

Top Stories Delhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order] The direction came in light of multiple instances…

Continue ReadingDelhi HC directs Customs to Sensitize Officials on Detention of Personal Gold and Old Jewellery of Air Travellers [Read Order]

Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]

Top Stories Supreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment] The Supreme Court observed that…

Continue ReadingSupreme Court Ends 50-Year Dispute on CA Firm’s Undervaluation of Shares: Grants 6% Simple Interest from 1975 and 9% Interest Post-Decree [Read Judgment]

Kerala HC Directs Income Tax Commissioner to Expeditiously Dispose of Rectification Petition filed u/s 154 of Income Tax Act [Read Order]

The Kerala High Court directed the Income Tax Commissioner to expeditiously dispose of the rectification petition filed under section 154 of the Income Tax Act, 1961. Unitac Energy Solutions (India)…

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Handling of Cargo in Customs Areas Regulations for which cost of living expenses recoverable from Customs Cargo Service Provider is Ultra Vires Customs Act: Telangana HC [Read Order]

In a recent decision the Telangana High Court held that Handling of Cargo in Customs Areas Regulations for which cost of living expenses recoverable from the customs cargo service provider…

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Axis Bank’s ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order]

Top Stories Axis Bank’s ESOP Expenses Treated as Perquisites with TDS Deduction: ITAT allows Expenses u/s 37 [Read Order] The Tribunal observed that the ESOP expenses were reflected as “perquisites”…

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