Begin typing your search above and press return to search.

Income Tax Demands Against Empee Distilleries Extinguished After Approval of Resolution Plan: Madras HC [Read Order]
The Madras High Court has held that tax demands arising from assessment orders and appellate orders cannot survive once a resolution plan under the...
![Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order] Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/750x450_2108364-nclat-new-dehi-nclt-corporate-guarantee-taxscan.webp)
Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]
The Tribunal held that once a corporate entity voluntarily executes a guarantee, it becomes independently liable for the debt, which qualifies as “financial debt” under Section 5(8)(i) of the Insolvency and Bankruptcy Code (IBC).
![Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order] Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/750x450_2108364-nclat-new-dehi-nclt-corporate-guarantee-taxscan.webp)
Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7 Petition [Read Order]
The Tribunal held that once a corporate entity voluntarily executes a guarantee, it becomes independently liable for the debt, which qualifies as “financial debt” under Section 5(8)(i) of the Insolvency and Bankruptcy Code (IBC).


![No 18% GST on Rented Residential Hostels for Students Prior to 2022: Supreme Court Grants Exemption [Read Order] No 18% GST on Rented Residential Hostels for Students Prior to 2022: Supreme Court Grants Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/250x150_2110299-supreme-court-rented-residential-hostels-taxscan.webp)
![7 Gold Bangles Weighing 222 Grams Confiscated, Passenger Claims it belongs to 3 ladies: Delhi HC Allows to Challenge Customs Order [Read Order] 7 Gold Bangles Weighing 222 Grams Confiscated, Passenger Claims it belongs to 3 ladies: Delhi HC Allows to Challenge Customs Order [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/250x150_2110245-7-gold-bangles-passenger-claims-taxscan.webp)
![Large Group of Tax & Customs Officers Win Relief on Discriminatory Pay Scales: CAT Grants Notional Salary Revision from 1996 [Read Order] Large Group of Tax & Customs Officers Win Relief on Discriminatory Pay Scales: CAT Grants Notional Salary Revision from 1996 [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/250x150_2110322-cat-customs-officer-taxscan.webp)





![No 18% GST on Rented Residential Hostels for Students Prior to 2022: Supreme Court Grants Exemption [Read Order] No 18% GST on Rented Residential Hostels for Students Prior to 2022: Supreme Court Grants Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/750x450_2110299-supreme-court-rented-residential-hostels-taxscan.webp)

![Excess GST Recovery Made under Earlier Dropped Proceedings Counts as Pre-Deposit for Fresh Action on same SCN: Calcutta HC [Read Order] Excess GST Recovery Made under Earlier Dropped Proceedings Counts as Pre-Deposit for Fresh Action on same SCN: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/500x300_2110283-gst-recovery-proceedings-pre-deposit-scn-taxscan.webp)

![Copolymer vs. Homopolymer: CESTAT Raps Customs for confirming ADD on PVC Import without Verifying Material Composition [Read Order] Copolymer vs. Homopolymer: CESTAT Raps Customs for confirming ADD on PVC Import without Verifying Material Composition [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/500x300_2107826-copolymer-vs-homopolymer-cestat-raps-customs-confirming-pvc-import-without-verifying-material-composition-taxscan.webp)
![CESTAT Rules Testing Centre Reimbursements Beyond MCS Scope, Sets Aside Service Tax Demand on Eduquity Career Technologies [Read Order] CESTAT Rules Testing Centre Reimbursements Beyond MCS Scope, Sets Aside Service Tax Demand on Eduquity Career Technologies [Read Order]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107220-cestat-centre-reimbursements-service-tax-service-tax-demand-taxscan.webp)
![Service Tax Payable on Consolidated Rent Collected by Co-owners when Threshold Exceeds: Calcutta HC on Clubbing of Rent [Read Order] Service Tax Payable on Consolidated Rent Collected by Co-owners when Threshold Exceeds: Calcutta HC on Clubbing of Rent [Read Order]](https://images.taxscan.in/h-upload/2025/11/19/500x300_2106528-service-tax-consolidated-rent-threshold-exceeds-calcutta-hc-taxscan.webp)
![Rehabilitating or Renewing Railway Wagons Qualifies as “Original Works”, Exempt from Service Tax: CESTAT [Read Order] Rehabilitating or Renewing Railway Wagons Qualifies as “Original Works”, Exempt from Service Tax: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/18/500x300_2106167-cestat-service-tax-railway-wagons-renewing-railway-wagons-taxscan.webp)


Kavi Priya
![Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order] Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CESTAT-CESTAT-Bangalore-Service-Tax-liquidated-damages-Taxscan.jpg)
Yogitha S. Yogesh
Rupesh Sharma


Saagarika Gopinath
![7 Gold Bangles Weighing 222 Grams Confiscated, Passenger Claims it belongs to 3 ladies: Delhi HC Allows to Challenge Customs Order [Read Order] 7 Gold Bangles Weighing 222 Grams Confiscated, Passenger Claims it belongs to 3 ladies: Delhi HC Allows to Challenge Customs Order [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/750x450_2110245-7-gold-bangles-passenger-claims-taxscan.webp)
![Large Group of Tax & Customs Officers Win Relief on Discriminatory Pay Scales: CAT Grants Notional Salary Revision from 1996 [Read Order] Large Group of Tax & Customs Officers Win Relief on Discriminatory Pay Scales: CAT Grants Notional Salary Revision from 1996 [Read Order]](https://images.taxscan.in/h-upload/2025/12/05/500x300_2110322-cat-customs-officer-taxscan.webp)

![Educational Consultancy Services to Foreign Universities Qualify as Export, not “Intermediary Services”: Delhi HC [Read Order] Educational Consultancy Services to Foreign Universities Qualify as Export, not “Intermediary Services”: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/500x300_2110188-fd5f84a3-1816-4840-8367-a932a5ce03f6.webp)



