Tax Guru

Delhi HC’s Scrutiny of CBDT’s Transfer Pricing Exclusion in Extension of due date

Delhi HC reviews CBDT's decision to exclude Transfer Pricing (TP) cases from the extended ITR deadline, an unprecedented ...

Hindustan Unilever Gets Rs 1,986-Crore Tax Demand, Says 'No Material Impact'

The tax notice received by HUL pertains to transfer pricing adjustments and certain corporate tax disallowances, including depreciation claims, according to a regulatory filing.
Tax Guru

Extension for transfer pricing cases left out in Recent CBDT Press Release?

The CBDT extended the ITR deadline for audited cases (Oct 31 date) but excluded TP audit cases (Nov 30 date). This technical gap means TP deadlines may remain unchanged, requiring an urgent CBDT ...

'Agreement to sell' doesn’t mean property ownership: Landlord wins case in court after tenants claim ownership of the property

Mr. Gupta, a landlord, has won a significant case in the Himachal Pradesh High Court. Tenants had claimed ownership based on ...

Wife ridiculed him in public, called him an alcoholic; court grants husband divorce on grounds of mental cruelty

The Madhya Pradesh High Court granted a husband a divorce, ruling his wife's false accusations of alcoholism constituted mental cruelty. She repeatedly humiliated him in social circles, damaging his ...