News & Media 12th Sep 2024

SC to decide fate of ₹20,000-23,000 crore of tax notices dating back 18 years

Authors

Jitendra MotwaniPartner | Mumbai

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Thousands of tax notices, worth to ₹23,000 crore and hanging fire for 18 years are finally set to have their fate decided by the Supreme Court in a sticky legal battle that will decide whether the Department of Revenue Intelligence has the power to issue such notices. The apex court has begun hearings following a government petition to review its own ruling, delivered in 2021, that clipped the DRI’s powers to issue notices.

Tune into the recent story, “SC to decide fate of ₹20,000-23,000 crore of tax notices dating back 18 years” authored by Krishna Yadav to read our Partner Jitendra Motwani’s detailed insights.

Link to the story here

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