The Karnataka High Court has quashed three reassessment notices issued by the Income Tax Department against EIT Services India Ltd (formerly Hewlett Packard) for the assessment years 2005-06, 2006-07, and 2007-08. The... Read more »
The Enforcement Directorate (ED) has filed a case against the British Broadcasting Corporation (BBC) India for alleged foreign exchange violations under the Foreign Exchange Management Act (FEMA). The case was filed two... Read more »