sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Latest Expert Exchange
« From the Courts »
 Eaton Fluid Power Limited vs. ACIT (ITAT Pune)
 Pr. CIT vs. Veedhata Tower Pvt. Ltd (Bombay High Court)
 Mahaveer Kumar Jain vs. CIT (Supreme Court)
  Shantivijay Jewels Ltd vs. DCIT (ITAT Mumbai)
 Minda SM Technocast Pvt. Ltd vs. ACIT (ITAT Delhi)
 Meta Plast Engineering P. Ltd. vs. ITO (ITAT Delhi)
 Shantivijay Jewels Ltd vs. DCIT (ITAT Mumbai)
  Amod Shivlal Shah vs. ACIT (ITAT Mumbai)
 The Shri Saibaba Sansthan Trust (Shirdi) vs. UOI (Bombay High Court)
  Pr CIT vs. JWC Logistics Park Pvt. Ltd (Bombay High Court)
 ITO (Exemptions) vs. Chandigarh Lawn Tennis Association (ITAT Chandigarh)

Satyam moves ITAT challenging order
October, 05th 2010

Last week, Mahindra Satyam had disclosed several tax matters with respect to the company that it had acquired. It has now moved the tax tribunal for grant of relief in one of the matters, reports quoting Central Board of Direct Taxes (CBDT) sources.

Mahindra Satyam has moved IT Appellate Tribunal, Hyderabad challenging income tax order with reference to Sec 154 rectification which pertains to foreign tax credits.

It is learnt that Income Tax Commissioner has rejected Mahindra Satyams appeal for rectification stating that it was beyond their jurisdiction.Sources say that tax demand is not stayed yet as amount is not disclosed.

In a separate case, IT department has rejected Satyams tax refund claim under section 264. Satyam had earlier appeal for re-computation of taxable income for four years. However, that appeal is pending with CBDT and not disposed so far. It is learnt that IT department will levy tax claim on Ramalinga Raju undeclared income.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions