Summary: The rights issue of shares is a method under the Companies Act 2013 that allows companies to increase their...
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Summary: Following the abolition of the Dividend Distribution Tax in April 2020, the Finance (No.2) Bill, 2024 proposes significant changes...
Asian Colour Coated Ispat Limited Vs ACIT (Delhi High Court) Delhi High Court held that reassessment action under section 148...
Akash Petroleum Private Limited Vs PCIT (ITAT Ahmedabad) ITAT Ahmedabad held that passing of revisionary order by PCIT u/s. 263...
Mineral Area Development Authority & Anr. Vs Steel Authority of India & Anr Etc. (Supreme Court of India) The Supreme...
R.S Coke Industries (Pvt) Ltd Vs Central Coalfields Limited (Jharkhand High Court) Jharkhand High Court Orders Refund of Unjustified TCS...
Section 194T, introduced in the Finance (No. 2) Bill, 2024 mandates a 10% Tax Deduction at Source (TDS) on payments...
Oceanic Consultants Pvt Ltd Vs Commissioner or Central Excise And Service Tax (CESTAT Chandigarh) CESTAT Chandigarh held that Indian Company...
Tax avoidance refers to the legal practice of exploiting loopholes within tax laws to reduce a taxpayer’s liability without violating...
Buy back of shares was introduced under Section 77A of Companies act, 1956 w.e.f 31-10-1998. Many Companies were bought back...