Professional body like ICAI should introspect and ensure that its over enthusiasm of attaining professional excellence and en devours of setting high standards of discipline should not silence rather stifle the speech of a student or its member. ICAI asked to pay Rs. Rs.20,000/- to the students.
Exemption provided under section 96 of the RFCTLARR Act is wider in scope than the tax-exemption provided under the existing provisions of Income-tax Act, 1961
Department cannot attach property of any person, other than ‘taxable person’ merely on pretext of protecting their interest: Delhi HC calls it a draconian step
Cairn v. India – Does Cairn have remedies in light of India’s attempts to remove funds from overseas Indian bank accounts
Sole beneficiary of trust: ₹ 196 crore held by HSBC (P) Bank, Switzerland, in the name of Tharani Family Trust, of which the assessee was a beneficiary, is assessable as the undisclosed income of the assessee
Detailed Analysis of Section 195 of The Income Tax Act along with latest case laws favoring various area