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I-T Laws News

25 Dec 2016

Companies must drop retro tax cases to avail settlement scheme: CBDT

Vodafone, Cairn Energy and other firms facing retrospective tax demand will have to withdraw legal cases and give up the right to contest constitutional validity of back-dated amendment to I-T laws if they want to avail of the dispute resolution scheme ending on December 31.

01 Dec 2016

No tax on gold purchased out of disclosed income; maximum 500 gm per married woman allowed: Govt

Gold in all its forms that is purchased out of disclosed or exempted income, household savings and inherited through a legal course from ancestors will not be subject to tax, said Finance Ministry on Thursday.

Satyam Computer Services

22 Jun 2014

Satyam fraud case verdict date may be fixed Monday

Satyam Computer Services Ltd later merged with Tech Mahindra.

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