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CBDT issued notification no. 51/2025 dated 29.05.2025 as a Corrigendum to the Notification no. G.S.R. 286(E) dated 01.05.2025. A a new item “ah” is inserted to include Sikkim in Schedule 80IE at page no114 of the said notification dated 01.05.2025.
CBDT issued notification no. 50/2025 dated 29.05.2025 to insert a new item “ah” to Schedule 80IE, to include Sikkim for the purpose of deduction u/s 80-IE.
Indian pharma major Zydus Life said that its subsidiary, Zydus Healthcare Limited, received an Income Tax demand of Rs 284.58 crore. Zydus Healthcare Limited, a wholly-owned subsidiary of Zydus Life received an intimation under section 143(1) of the IT Act for the assessment…