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Proceedings Against Deceased Proprietor 'Void Ab Initio': CESTAT Quashes Service Tax Demand [Read Order]
The New Delhi bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed an appeal, holding that tax assessment proceedings...
![Now Open Bank Account & Safe Deposit Lockers without Nominee: RBI Releases New Directions [Read Notification]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100788-open-bank-account-safe-deposit-lockers-rbi-new-directions-taxscan.webp "Now Open Bank Account & Safe Deposit Lockers without Nominee: RBI Releases New Directions [Read Notification]")
![CESTAT Sets aside Service Tax Demand on Contractor, Citing Bona Fide Belief to Bar Extended Period [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/250x150_2100776-cestat-service-tax-demand-bona-fide-belief-extended-period-taxscan.webp "CESTAT Sets aside Service Tax Demand on Contractor, Citing Bona Fide Belief to Bar Extended Period [Read Order]")
![CBIC notifies Assignment of Proper Officers for GST Proceedings u/s 74A, 75(2) and 122 [Read Circular]](https://images.taxscan.in/h-upload/2025/10/29/750x450_2100672-cbic-assignment-of-proper-officers-gst-proceedings-taxscan.webp "CBIC notifies Assignment of Proper Officers for GST Proceedings u/s 74A, 75(2) and 122 [Read Circular]")
Royalty and FTS Taxable on Receipt Basis Only: ITAT Follows Consistent Precedent in Favour of Siemens AG [Read Order]
Relying on earlier rulings in Siemens’ own cases and the India–Germany DTAA, the Tribunal rejected the attempt to tax such income merely because it had accrued. The ruling underscores the continuing validity of treaty-based taxation principles and the need for consistency in international tax cases.
NCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]
The NCLT allowed the application, ordered the liquidation of Multicity Hospitalities LLP, and directed the newly appointed liquidator to take over the process and initiate the liquidation proceedings in accordance with the IBC
Kavi Priya
Yogitha S. Yogesh
Rupesh Sharma
Saagarika Gopinath
Navasree A.MNCLT Appoints Liquidator for Multicity Hospitalities LLP After CoC Votes to End Insolvency Process [Read Order]
The NCLT allowed the application, ordered the liquidation of Multicity Hospitalities LLP, and directed the newly appointed liquidator to take over the process and initiate the liquidation proceedings in accordance with the IBC
![Now Open Bank Account & Safe Deposit Lockers without Nominee: RBI Releases New Directions [Read Notification]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100788-open-bank-account-safe-deposit-lockers-rbi-new-directions-taxscan.webp "Now Open Bank Account & Safe Deposit Lockers without Nominee: RBI Releases New Directions [Read Notification]")
![No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]](https://images.taxscan.in/h-upload/2025/10/29/500x300_2100722-no-procedural-lapse-union-banks-auction-drat-borrowers-plea-over-notice-service-sale-timing-taxscan.webp "No Procedural Lapse in Union Banks Auction: DRAT dismisses Borrowers Plea Over Notice Service and Sale Timing [Read Order]")
