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![Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108301-bank-holidays-cash-payments-exceeding-statutory-limit-itat-rejects-assessees-claim-ur-6dd-income-tax-rules-taxscan.webp "Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]")
Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the payments was not made on banking holidays and held that the assessee...
![Supreme Court allows Revival of Flipkart’s GST Appeal Rejected due to Non-payment of Pre-deposit from Cash Ledger [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/250x150_2108291-supreme-court-flipkart-gst-non-payment-cash-ledger-taxscan.webp "Supreme Court allows Revival of Flipkart’s GST Appeal Rejected due to Non-payment of Pre-deposit from Cash Ledger [Read Order]")
![Supreme Court allows Revival of Flipkart’s GST Appeal Rejected due to Non-payment of Pre-deposit from Cash Ledger [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/750x450_2108291-supreme-court-flipkart-gst-non-payment-cash-ledger-taxscan.webp "Supreme Court allows Revival of Flipkart’s GST Appeal Rejected due to Non-payment of Pre-deposit from Cash Ledger [Read Order]")
![No Scope for Remand in Detailed GST Order: Madras HC orders 100% Pre-Deposit, directs to Adjust any Recovered Amount to Deposit [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108265-gst-order-madras-hc-pre-deposit-deposit-taxscan.webp "No Scope for Remand in Detailed GST Order: Madras HC orders 100% Pre-Deposit, directs to Adjust any Recovered Amount to Deposit [Read Order]")
![GST Paid Before SCN Acknowledged: Delhi HC Quashes Demand Subject to Payment of 15% Penalty u/s 74(5) [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/500x300_2108179-penaltygsthc-quashes.webp "GST Paid Before SCN Acknowledged: Delhi HC Quashes Demand Subject to Payment of 15% Penalty u/s 74(5) [Read Order]")
![GST SCN issued u/s 74 appears to be Bereft of Material Particulars: Supreme Court takes Contrary View to MP HC, Halts Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/500x300_2108259-gst-scn-issued-us-74-appears-bereft-material-particulars-supreme-court-contrary-mp-hc-halts-proceedings-taxscan-.webp "GST SCN issued u/s 74 appears to be Bereft of Material Particulars: Supreme Court takes Contrary View to MP HC, Halts Proceedings [Read Order]")
![Bombay HC Rejects Discharge Plea of CGST Officers in Rs. 1000 Bribery Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/500x300_2108162-bombay-hc-rejects-discharge-plea-cgst-officers-bribery-case-taxscan.webp "Bombay HC Rejects Discharge Plea of CGST Officers in Rs. 1000 Bribery Case [Read Order]")
![Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]](https://images.taxscan.in/h-upload/2025/11/27/750x450_2108301-bank-holidays-cash-payments-exceeding-statutory-limit-itat-rejects-assessees-claim-ur-6dd-income-tax-rules-taxscan.webp "Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]")
Bank Holidays Do Not Justify Cash Payments Exceeding Statutory Limit: ITAT Rejects Assessee’s Claim u/r 6DD of Income Tax Rules [Read Order]
The Tribunal has dismissed the argument of a real estate firm seeking exemption from cash payment disallowance and ruling that payments claimed to be made on "banking holidays" but were transacted on regular bank working days.
![Copolymer vs. Homopolymer: CESTAT Raps Customs for confirming ADD on PVC Import without Verifying Material Composition [Read Order]](https://images.taxscan.in/h-upload/2025/11/25/750x450_2107826-copolymer-vs-homopolymer-cestat-raps-customs-confirming-pvc-import-without-verifying-material-composition-taxscan.webp "Copolymer vs. Homopolymer: CESTAT Raps Customs for confirming ADD on PVC Import without Verifying Material Composition [Read Order]")
![CESTAT Rules Testing Centre Reimbursements Beyond MCS Scope, Sets Aside Service Tax Demand on Eduquity Career Technologies [Read Oredr]](https://images.taxscan.in/h-upload/2025/11/21/500x300_2107220-cestat-centre-reimbursements-service-tax-service-tax-demand-taxscan.webp "CESTAT Rules Testing Centre Reimbursements Beyond MCS Scope, Sets Aside Service Tax Demand on Eduquity Career Technologies [Read Oredr]")
![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 "Service Tax Payable on Consolidated Rent Collected by Co-owners when Threshold Exceeds: Calcutta HC on Clubbing of Rent [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 "Rehabilitating or Renewing Railway Wagons Qualifies as “Original Works”, Exempt from Service Tax: CESTAT [Read Order]")
![Challenge on Service Tax Liability on Event Management Service: Supreme Court Allows Exemption Application in HT Medias Tax Appeal [Read Judgment]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105135-service-tax-service-tax-liability-event-management-service-supreme-court-taxscan.webp "Challenge on Service Tax Liability on Event Management Service: Supreme Court Allows Exemption Application in HT Medias Tax Appeal [Read Judgment]")
NCLT Admits HDFC Bank's Insolvency Petition u/s 7 citing clear acknowledgment of liability , Initiates CIRP [Read Order]
The bench emphasized that the existence of a debt and the occurrence of default are sufficient conditions for admission under Section 7 of the IBC, and these were duly established from statutory sources, making the alleged lack of documentation untenable.
Kavi Priya
![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 "Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]")
Yogitha S. Yogesh
Rupesh Sharma
Saagarika Gopinath
NCLT Admits HDFC Bank's Insolvency Petition u/s 7 citing clear acknowledgment of liability , Initiates CIRP [Read Order]
The bench emphasized that the existence of a debt and the occurrence of default are sufficient conditions for admission under Section 7 of the IBC, and these were duly established from statutory sources, making the alleged lack of documentation untenable.
![Sex Toys/Massagers Not for Therapy or Disease Alleviation: Delhi HC Dismisses Customs’ Review Plea, Holds DCGI Approval Not Required [Read Order]](https://images.taxscan.in/h-upload/2025/11/26/500x300_2108185-site-img-1.webp "Sex Toys/Massagers Not for Therapy or Disease Alleviation: Delhi HC Dismisses Customs’ Review Plea, Holds DCGI Approval Not Required [Read Order]")
