The department of income tax is all set to challenge Delhi High Court judgement (Commissioner of Income Tax-Central-3 Tax vs Kabul Chawla) in the Supreme Court.
Last week, the ITD, revived prosecution proceedings and issued notices to KK Modi, seeking his response, before filing the proceedings, in a trial court.
DeGolyer and MacNaughton (D&M) has submitted its final report to the Directorate General of Hydrocarbons (DGH), a senior government official said.
The Punjab and Haryana High Court has said that the Income Tax Appellate Tribunal (ITAT) doesn’t have the power to stay tax prosecutions.
Commissioner of Income Tax (Appeals) has asked the CBDT to look at treating discounts received by Indian airlines on purchase of aircraft as commission.
It has also said some natural gas may have migrated from the state firm's block to one being operated by private explorer RIL .
The BJP has pressed the biggest fleet into service, with Amit Shah flying in the Falcon 2000 hired from Club One Air and 6 choppers at the disposal.
US-based DeGolyer and MacNaughton (D&M) — an independent expert appointed to examine the continuity of reservoirs —is expected to submit its report to the ministry of petroleum and natural gas.
The CBDT clarified that the matter was examined in consultation with the Special Investigation Team (SIT) on black money.
It now appears that Nandan pushed for considering the alternative and directed re-examination of the swapping proposal after it had been shot down.
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