Show Cause Notice

Delhi HC initiates contempt against SpiceJet as it fails to return engine to lessor

The case will now come up for hearing in nine days, SpiceJet has been asked to furnish a list of its directors to the registry of the high court in order to issue summons to them.

Strongly believe we're not liable to pay any tax on delivery charge, says Zomato

The tax authority last month said that food delivery is a service and, therefore, Zomato and Swiggy are liable to pay GST on service at a rate of 18 percent

40 online gaming companies likely to receive notices for GST evasion: Govt officials

After a SC stay on a Karnataka HC order quashing the GST authorities’ tax evasion notice on Gameskraft Technology, a horde of show-cause notices is likely to follow, an official said. GTPL is among the 40-odd companies being investigated now for alleged tax evasion.

FMC to issue showcause notice to FT, 3 MCX directors

The showcause notice will seek an explanation as to why the "fit & proper" status of promoters shouldn't be revoked. They are likely to be given 1-2 weeks to respond to the notice.

BMW likely to get Rs 650cr showcause notice from I-T dept

After Cadbury and Nokia, the tax man has now trained his guns on German car-maker BMW. CNBC-TV18 learns that the company has been served with Rs 650 crore tax notice by the customs department. CNBC-TV18‘s Aakansha Sethi reports the exclusive details why this tax notice has been served.

Too busy to reply to BJP's show cause notice: Jethmalani

Suspended BJP MP Ram Jethmalani on Monday adopted a dismissive stance towards the show cause notice issued to him by the party asking why he should not be expelled and said he is too busy with his law practice to answer such documents.

DGCA issues show cause notice to Kingfisher

In more trouble for Kingfisher Airlines, aviation regulator DGCA today issued a show-cause notice asking why its flying license should not be suspended or cancelled as it had grounded its entire fleet and failed to offer safe and reliable service.

Bharti Airtel moves HC, challenges DoT's show cause notice

Bharti Airtel has decided to move the Delhi High Court challenging the show cause notice issued by the Department of Telecom (DoT), reports CNBC-TV18.

SEBI raps NSE over discharge of duties

The National Stock Exchange (NSE) has been rapped on the knuckles by the market regulator SEBI. SEBI has warned NSE over the way it discharges its duties as a stock exchange.

DoT may move Supreme Court against TDSAT order on Idea

The government is planning to challenge in the Supreme Court the telecom tribunal TDSAT ruling that had set aside a DoT order imposing Rs 27.65 crore penalty on Idea Cellular for delaying its roll-out obligations in five circles.

BGR Energy confident of coming out unscathed from I-T row

BGR Energy has come under the scanner for tax evasion. The directorate general of Central Excise Intelligence has booked a case of tax evasion against the company. PR Easwar Kumar, chief financial officer of the company clarified that they will not have any liability at the end of the proceedings.