Wednesday, January 8, 2020

SC upholds Centre's plea challenging refund of Rs 104 crore by TDSAT to R.Com in spectrum case

COMPANY LAW : Where in a scheme of arrangement respondent - (Reliance Comm.) licensees' liability toward payment of deferred spectrum charges, in May, 2018, was to tune of Rs. 774.25 crores, and total amount realized upon encashment of bank guarantees furnished by respondents, was to extent of Rs. 908.91 crores,

from www.taxmann.com Latest Case Laws https://ift.tt/2N5vbcI

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...