News

The Supreme Court of Pakistan has dismissed the petition of Commissioner Inland Revenue against the Lahore High Court (LHC) order, saying that the findings on facts does not suffer from any illegality ...
Husband gifts two flats to wife in 2017, wife sells them in 2020 for Rs 6 crore (5.98) and pays no income tax, Mumbai ITAT ...
The Delhi High Court expressed its satisfaction over the Central Government's timely and effective response in appointing key officials to the Petroleum and Natural Gas Regulatory Board (PNGRB) and ...
The Mumbai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that Section 114 AA Customs Act ...
Gujarat High Court held that in view of the retrospective amendment u/s. 112(1)(c)(iii) of the Income Tax Act the assessee is eligible to pay tax at lower rate @10% instead of 20% on sale of unlisted ...
Sohail Jabbar Malik, Hon'ble Chairman/ Judge, Appellate Tribunal Local Councils Sindh is scheduled to hear the appeal pertaining to Municipal Corporations & Local Government as well as for awareness ...
Private health insurer Star Health and Allied Insurance Company Limited today said it has been fined Rs 3.39 crore by the ...
Over 2.25 lakh cases involving Rs 10 lakh crore in disputed tax demands are being targeted for resolution. The Finance ...
Calcutta High Court restores reassessment for bogus LTCG, finding ITAT erred by ignoring AO's evidence and satisfaction in a penny stock scam, citing Supreme Court ...
Taxpayer wins Rs 1.4 lakh penalty case in ITAT despite claiming false income tax deductions to reduce his income to Rs 4 lakh from 8 lakh; Know the details ...
ISLAMABAD: The Supreme Court dismissed the petition of Commissioner Inland Revenue against the Lahore High Court (LHC) order, ...
The Competition Commission of Pakistan (CCP) has recovered a penalty of Rs 150 million from Reckitt Benckiser Pakistan Limited for the deceptive marketing of its product Strepsils. The recovery was ...