Tax Law
Latest news, explainers and analysis on Tax Law. Tracking 2 stories on Arth Vani.
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Latest on Tax Law
BreakingCentre Challenges High Court's Ruling on Income Tax Act Section 147A in Supreme Court
The Indian government has approached the Supreme Court to challenge various High Court decisions that struck down Section 147A of the Income Tax Act. This legal battle concerns the validity of reassessment proceedings initiated after April 1, 2021, creating uncertainty for taxpayers who have received such notices.
Donald Trump Appeals Order in ₹83,500 Crore IRS Tax Data Leak Lawsuit
Former US President Donald Trump has appealed a recent court order related to his ₹83,500 crore ($10 billion) lawsuit against the Internal Revenue Service (IRS). The lawsuit alleges that his confidential tax information was leaked by an agency contractor. The court order also saw his lawyer referred to the bar for potential disciplinary action.
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