(vii) CBDT has refused to grant extension of time for filing of return in view of the vague assertions, absence of details and adequate proof.

Additionally, the ITAT pointed out that the PCIT invoked Explanation 2 of Section 263 in the final order but did not mention or confront the assessee with this basis during the show-cause stage, ...

The Punjab and Haryana High Court on Friday ordered the customs authorities to pay ₹50 lakhs to an importer who had to ...

Yahoo Finance will chronicle the latest news and updates on Trump's tariffs — from the threats to the eventual policy.

After a jam-packed three months, Maryland lawmakers deliberated a flurry of bills during rare Saturday sessions, with several major policies still unsettled before the legislative session ends Monday.