Sanjeev Arora’s arrest: Firm under daily wager’s name used for bogus deals, ED tells court

An alleged ₹ 27.73-crore purchase from a bogus firm registered in the name of a daily-wage labourer landed minister Sanjeev ...
Winnipeg Free Press

Preakness could soon move later, to 3 weeks after the Kentucky Derby. That might not be enough

A long-debated change to the Triple Crown calendar could be on the verge of happening, and it still may fall short of the ...
Tax Guru

Cenvat Credit Cannot Be Denied Merely Because Installed Power Plant Became Immovable: CESTAT Chandigarh

Tribunal held that capital goods do not lose eligibility for Cenvat credit after becoming part of an immovable plant fixed to earth. It ruled that admissibility depends on compliance with Cenvat ...

ED custody 'illegal, unconstitutional': Punjab minister Sanjeev Arora moves High Court for release

Petition challenges May 9 arrest under PMLA as 'arbitrary', seeks quashing of ED remand till May 16, alleging no ...
Tax Guru

ITAT Reduces Demonetization Cash Deposit Addition to 10% Due to Supporting Evidence

The ITAT Rajkot reduced the addition on demonetization cash deposits after finding that the assessee had produced land records, cash flow statements, and other supporting evidence. The Tribunal ...