ITAT Bangalore held that provisions of section 115JB of the Income Tax Act cannot be applied to assessee bank and consequently the tax on book profits (MAT) are not applicable to assessee bank.

Welcome to Incredible India—where everything works… as an enduring proof that God exists and has a sense of humour. This is a country where the plug rarely fits the socket, the tap threads seldom ...

From the use of the word ‘Harijan’ alone, to the absence of acknowledgement of structural discrimination within Bangladesh ...

The groom identified as Kamal Singh Sondhiya, from Budhanpur village, was cheated in the name of marriage. He panicked on his ...

Breaking News Live Updates: A court here on Monday extended the stay on further investigation into Law Minister Kapil ...

AO reopened the assessment based on information received from the Investigation Wing, which alleged unexplained high-volume transactions in the assessee’s savings account. Major concern was an ...

Kaushambi was forgotten after its excavation by GR Sharma. Then, in 2017, archaeologist BB Lal and a group of scholars ...

Congress chief Mallikarjun Kharge slammed the ED’s actions against party leaders as politically motivated. | One of India's ...