tax disputes

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    IT Department Disposes of Record Number of Appeals

    New Delhi, April 10 The Income Tax Department disposed of 2.22 lakh appeals during the last financial year, a nearly 29 per cent increase compared to the previous fiscal, as part of its efforts to reduce disputes with taxpayers, according to official data.Officials told
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    Central Bank Challenges Income Tax Demand Notice

    New Delhi, March 31 The state-owned Central Bank of India announced on Tuesday that it has received a demand notice of ₹296.08 crore from the Income Tax Department for a shortfall in tax payments for the fiscal year 2025."The bank has received an assessment order under Section 143(3) read with...
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    UD Tax Dispute Settled: Ramada & Marriott Properties De-sealed in Jaipur

    Jaipur, March 30 – The Jaipur Municipal Corporation (JMC) sealed properties linked to two major hotel groups – Ramada and Marriott – on Monday over long-pending Urban Development (UD) tax dues. However, the action was short-lived as both establishments were de-sealed within two hours after the...
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    Tata Capital to Challenge Tax Reassessment Order

    New Delhi, March 22 Non-banking financial company Tata Capital has received a reassessment order from tax authorities, demanding Rs 413.18 crore for the financial year 2017-18, the firm said.The order, issued by the Deputy Commissioner of Income Tax, Mumbai, under the Income-tax Act and...
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    Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

    New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022 – 23, in which certain...
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    Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

    New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order."The company has received a Draft Assessment Order for FY 2022-23, wherein certain...
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