Tax Assessment Case
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Supreme Court Defers Hearing Of Income Tax Assessment Case Of Gandhis Till December 13
The Gandhis had opposed the transfer of their cases to the Central Circle on several grounds including that they have nothing to do with the Sanjay Bhandari group's cases.
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Centralised Assessment May Be Required If...: Supreme Court To Gandhis Over Tax Case
A centralised assessment may be required if there are cross transactions between individuals, the Supreme Court said on Tuesday while hearing the petitions filed by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra.
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Italy Begins Audit of Meta in Tax Case That Could Cost Facebook Parent $925 Million
Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the US company with a bill of around EUR 870 million ($925 million or roughly Rs. 7,611 crore) and prove a test case for the tech sector.
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Delhi High Court Begins Hearing Pleas By Gandhis, AAP Against IT Assessment Transfer
Transfer of an assessment to central circle of the Income Tax department is a black mark and can only be done in cases of search and seizure, senior advocate Arvind Datar told the Delhi High Court Thursday in petitions by three Congress leaders
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Time Limit For Reopening Of IT Assessment Halved To 3 Years: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years.
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Opinion: Reopening Of Tax Assessments And The NDTV Case
The Supreme Court held that the first proviso to section 147 did not apply. Consequently, the decision of the Delhi High Court was also reversed. While this was indeed a correct ruling, the most important issue in this case was not considered either by the Delhi High Court or the Supreme Court.
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National Herald Case: Sonia Gandhi, Rahul Gandhi Seek Adjournment Of Appeals
UPA Chairperson Sonia Gandhi and Congress president Rahul Gandhi on Friday sought the adjournment of appeals filed in the Supreme Court challenging the Income Tax department's decision to re-open tax assessment related to the National Herald and Young India transactions.
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Top Court Informed Of Assessment Order On Rahul, Sonia Gandhi's Taxes
The Income Tax department informed the Supreme Court Tuesday that an assessment order (AO) with respect to the tax of Rahul Gandhi and Sonia Gandhi for 2011-12 in connection with the National Herald case has been passed but not being given effect.
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Tax Assessment For Sonia, Rahul Gandhi To Continue, Says Supreme Court
The Supreme Court has allowed the Income Tax department to continue with the tax reassessment for the year 2011-12 of Congress President Rahul Gandhi and his mother Sonia Gandhi in a case related to the National Herald newspaper.
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Top Court To Hear Pleas Of Sonia Gandhi, Rahul Gandhi In Tax Case
The Supreme Court is scheduled to hear on Tuesday the petitions filed by Congress President Rahul Gandhi and his mother Sonia Gandhi challenging the Delhi High Court order refusing to give them relief in a case of re-opening of their tax assessments for 2011-12.
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"Scars Only Getting More Visible With Time": Manmohan Singh On Notes Ban
Former prime minister Manmohan Singh today shared his scathing assessment of demonetisation as intense political sparring between the government and the opposition marked the second anniversary of the cash ban. "It is often said that time is a great healer. But unfortunately, in the case of demonetisation, the scars and wounds of demonetisation are...
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Smriti Irani vs Rahul Gandhi On National Herald And Tax Case: 10 Points
Union minister Smriti Irani, in a sharp takedown of Rahul Gandhi today after a court rejected his request in a tax case, sneered: "He is quick to hug Prime Minister Narendra Modi but he would run a mile when it comes to an income tax officer." The BJP leader said the Congress president and his mother Sonia Gandhi challenging a move to reopen their...
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Sonia Gandhi, Son Rahul's Request In Tax Case Rejected By High Court
Congress leaders Sonia Gandhi and son Rahul Gandhi's requests challenging the reopening of their tax assessment for the year 2011-12 was dismissed by the Delhi High Court on Monday.
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Sonia Gandhi, Oscar Fernandes Move High Court In National Herald IT Case
Former Congress President Sonia Gandhi and party leader Oscar Fernandes today moved the Delhi High Court challenging the reopening of their assessments by the Income tax Department regarding the Young Indian-National Herald transactions.
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Madras High Court Bench Recuses Itself In Sasikala Wealth Case
A division bench of the Madras High Court on Tuesday recused itself from hearing the Rs 4.97 crore wealth tax assessment dispute between I-T Department and N Sasikala, close aide of former Chief Minister Jayalalithaa.
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Supreme Court Defers Hearing Of Income Tax Assessment Case Of Gandhis Till December 13
The Gandhis had opposed the transfer of their cases to the Central Circle on several grounds including that they have nothing to do with the Sanjay Bhandari group's cases.
-
Centralised Assessment May Be Required If...: Supreme Court To Gandhis Over Tax Case
A centralised assessment may be required if there are cross transactions between individuals, the Supreme Court said on Tuesday while hearing the petitions filed by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra.
-
Italy Begins Audit of Meta in Tax Case That Could Cost Facebook Parent $925 Million
Italy expects to take until the end of the year for an initial assessment of Facebook parent Meta in a tax case that could land the US company with a bill of around EUR 870 million ($925 million or roughly Rs. 7,611 crore) and prove a test case for the tech sector.
-
Delhi High Court Begins Hearing Pleas By Gandhis, AAP Against IT Assessment Transfer
Transfer of an assessment to central circle of the Income Tax department is a black mark and can only be done in cases of search and seizure, senior advocate Arvind Datar told the Delhi High Court Thursday in petitions by three Congress leaders
-
Time Limit For Reopening Of IT Assessment Halved To 3 Years: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years.
-
Opinion: Reopening Of Tax Assessments And The NDTV Case
The Supreme Court held that the first proviso to section 147 did not apply. Consequently, the decision of the Delhi High Court was also reversed. While this was indeed a correct ruling, the most important issue in this case was not considered either by the Delhi High Court or the Supreme Court.
-
National Herald Case: Sonia Gandhi, Rahul Gandhi Seek Adjournment Of Appeals
UPA Chairperson Sonia Gandhi and Congress president Rahul Gandhi on Friday sought the adjournment of appeals filed in the Supreme Court challenging the Income Tax department's decision to re-open tax assessment related to the National Herald and Young India transactions.
-
Top Court Informed Of Assessment Order On Rahul, Sonia Gandhi's Taxes
The Income Tax department informed the Supreme Court Tuesday that an assessment order (AO) with respect to the tax of Rahul Gandhi and Sonia Gandhi for 2011-12 in connection with the National Herald case has been passed but not being given effect.
-
Tax Assessment For Sonia, Rahul Gandhi To Continue, Says Supreme Court
The Supreme Court has allowed the Income Tax department to continue with the tax reassessment for the year 2011-12 of Congress President Rahul Gandhi and his mother Sonia Gandhi in a case related to the National Herald newspaper.
-
Top Court To Hear Pleas Of Sonia Gandhi, Rahul Gandhi In Tax Case
The Supreme Court is scheduled to hear on Tuesday the petitions filed by Congress President Rahul Gandhi and his mother Sonia Gandhi challenging the Delhi High Court order refusing to give them relief in a case of re-opening of their tax assessments for 2011-12.
-
"Scars Only Getting More Visible With Time": Manmohan Singh On Notes Ban
Former prime minister Manmohan Singh today shared his scathing assessment of demonetisation as intense political sparring between the government and the opposition marked the second anniversary of the cash ban. "It is often said that time is a great healer. But unfortunately, in the case of demonetisation, the scars and wounds of demonetisation are...
-
Smriti Irani vs Rahul Gandhi On National Herald And Tax Case: 10 Points
Union minister Smriti Irani, in a sharp takedown of Rahul Gandhi today after a court rejected his request in a tax case, sneered: "He is quick to hug Prime Minister Narendra Modi but he would run a mile when it comes to an income tax officer." The BJP leader said the Congress president and his mother Sonia Gandhi challenging a move to reopen their...
-
Sonia Gandhi, Son Rahul's Request In Tax Case Rejected By High Court
Congress leaders Sonia Gandhi and son Rahul Gandhi's requests challenging the reopening of their tax assessment for the year 2011-12 was dismissed by the Delhi High Court on Monday.
-
Sonia Gandhi, Oscar Fernandes Move High Court In National Herald IT Case
Former Congress President Sonia Gandhi and party leader Oscar Fernandes today moved the Delhi High Court challenging the reopening of their assessments by the Income tax Department regarding the Young Indian-National Herald transactions.
-
Madras High Court Bench Recuses Itself In Sasikala Wealth Case
A division bench of the Madras High Court on Tuesday recused itself from hearing the Rs 4.97 crore wealth tax assessment dispute between I-T Department and N Sasikala, close aide of former Chief Minister Jayalalithaa.
