Top Law News Delhi HC says GNIDA not carrying out commercial activity for profit February 26, 2018 by Legal India Admin | Leave a Comment The Delhi High Court today exempted the Greater Noida Industrial Development Authority (GNIDA) from paying Income Tax, saying it was not carrying out any commercial activity with any profit motive. A bench of Justices Sanjiv Khanna and Pratibha M Singh allowed the plea of the GNIDA seeking to set aside a 2015 order of the […] Read more » CBDT featured GNIDA Greater Noida Industrial Development Authority Justice Pratibha M Singh Justice Sanjiv Khanna
Top Law News No amnesty scheme to check black money: Govt August 8, 2012 by Legal India Admin | Leave a Comment On the issue of black money the government today has said that the Income Tax Department has not recommended ‘amnesty scheme’ to deal with the issue of black money. On the question of, if the Central Board of Direct Taxes (CBDT) has recommended “amnesty scheme” on black money on the lines of the US the […] Read more » amnesty scheme to check black money amnesty scheme’ to deal with the issue of black money black money black money inside India black money outside India CBDT CBDT Chairman Central Board of Direct Taxes efforts to bring back black money finance ministry government on black money govt on black money Income-Tax Department No amnesty scheme to check black money scheme to check black money
Top Law News 2G Scam case: IT, CBDT to brief JPC on July 18 July 16, 2012 by Legal India Admin | Leave a Comment Top brass of the Finance Ministry and Income Tax department will brief the Joint Parliamentary Committee (JPC) examining the 2G spectrum allocation in 2G scam on July 18. The officials from the I-T and Central Board of Direct Taxes (CBDT) will be led by Finance Secretary R S Gujral and are expected to brief the […] Read more » 2G allocation 2G case 2G scam 2G scam case 2G scam to brief to JPC 2G spectrum allocation CBDT Central Board of Direct Taxes Central Vigilance Commission CVC ED Enforcement Directorate Income-Tax Department Joint Parliamentary Committee JPC
Top Law News Govt invites comments on GAAR June 29, 2012 by Legal India Admin | Leave a Comment The government on Friday issued draft guidelines on the general anti-avoidance rules (GAAR), inviting comments from different stakeholders and clarified that Prime Minister Manmohan Singh will take final call on the issue after receiving feedback. The Central Board of Direct Taxes (CBDT) issued the draft guidelines inviting comments and suggestions from different stakeholders. A clarificatory […] Read more » CBDT Central Board of Direct Taxes GAAR general anti-avoidance rules guidelines on the general anti-avoidance rules Manmohan Singh Prime Minister Manmohan Singh
High Profile Cases Supreme Court appoints probe team on money laundering July 4, 2011 by Legal India Admin | Leave a Comment The Supreme Court is likely to pronounce Monday its verdict on a plea that a special investigation team (SIT) probe the alleged money laundering by suspected tax evader Hasan Ali Khan and Kolkata based-businessman Kashinath Tapuria, among others. The plea by jurist Ram Jethmalani also sought a direction to the central government to disclose names, […] Read more » businessman Kashinath Tapuria CBDT CBI Central Board of Direct Taxes jurist Ram Jethmalani Justice A.K. Patnaik Justice Altamas Kabir Justice B. Sudershan Reddy Justice Cyriac Joseph Justice R.V. Raveendran Justice S.S.Nijjar Justice T.S. Thakur Justice V.S. Sirpurkar money laundering probe Supreme Court tax evader Hasan Ali Khan team
High Profile Cases Supreme Court ruling on money laundering probe Monday July 3, 2011 by Legal India Admin | Leave a Comment The Supreme Court is likely to pronounce Monday its verdict on a plea that a special investigation team (SIT) probe the alleged money laundering by suspected tax evader Hasan Ali Khan and Kolkata based-businessman Kashinath Tapuria, among others. The plea by jurist Ram Jethmalani also sought a direction to the central government to disclose names, […] Read more » CBDT CBI Central Board of Direct Taxes Central Bureau of Investigation Justice A.K. Patnaik Justice B. Sudershan Reddy Justice R.V. Raveendran Justice S.S.Nijjar money laundering probe Supreme Court
Top Law News Why hide names of foreign account holders, asks apex court January 14, 2011 by Legal India Admin | Leave a Comment The Supreme Court Friday asked the central government what was its difficulty in disclosing the names of people who have stashed away huge amounts of money in Swiss and German banks in Liechtenstein principality in Europe.”What is the privilege” in not disclosing their names, asked the apex court bench of Justice B. Sudarshan Reddy and […] Read more » account apex court CBDT foreign holders The Central Board of Direct Taxes