Hc Quashes Notice To Embassy Group Chairman, Legal News, ET LegalWorld – Legal Firms

[ad_1] The high court has quashed the August 11, 2021 notice issued by the Income Tax department to Jitendra Virwani, chairman of Embassy Group, under Section 10 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 on the premise that he and his family were...

SC asks Centre to take steps to ensure e-filing of papers in revenue matters, Legal News, ET LegalWorld – Legal Firms

[ad_1] New Delhi, The Supreme Court on Monday asked the Centre to take steps to ensure e-filing of papers in all revenue matters in the top court, high courts and tribunals like the Customs Excise and Service Tax Appellate Tribunal (CESTAT) and the Income Tax Appellate Tribunal within three months....

Dairying neither industry nor agricultural development, Legal News, ET LegalWorld – Legal Firms

[ad_1] AHMEDABAD: The Gujarat high court has ruled that 'dairying' is not an industry, agricultural development or development of industrial facility thereby eliminating all activities undertaken by major milk cooperatives from the ambit of industry as far as provisions of the Income Tax Act are concerned.The issue arose when the...