Taxscan | Simplifying Tax Laws

Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]

The National Company Law Tribunal (NCLT), Mumbai Bench, has dismissed an application seeking to be classified as a 'financial creditor' in the ...

Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]

SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read...

Nestlé India Receives ₹16.56 Crore GST Demand Order u/s 74 of CGST

ICMAI Releases Admit Card for December 2025 Exams: Foundation, Intermediate and Final

Scrap Sales & Incidental Receipts Linked to Eligible Undertaking Qualify for S.10A Deduction: Madras...

9200 g Ganja Held Intermediate Quantity: Telangana HC Grants Bail to Accused in NDPS Case

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Nestlé India Receives ₹16.56 Crore GST Demand Order u/s 74 of CGST

Ex-Parte GST Order Not Final: Madras HC Grants Opportunity to Recontest after 50% Disputed Tax Payment Owing to Non-Participation [Read Order]

Works Contractor challenges GST Order Months after its upload and Awareness: AP HC Dismisses Petition as Rectification already Pending [Read Order]

GST Order uploaded on Portal: Madras HC orders to Lift ITC A/c Attachment on 25% Deposit [Read Order]

Typo in GST SCN Showing Wrong Year for Reply Deadline Not Enough to Invalidate Proceedings: Delhi HC [Read Order]

Revision Invalid when Assessment Order u/s 153A passed with JCIT Approval u/s 153D: ITAT [Read Order]

TPO's Failure to Adopt Prescribed Benchmarking Method u/s 92C: ITAT Deletes Protective TP Addition...

Seized Cash Once Taxed in Brother’s Hands cannot be Taxed Again: ITAT remands ₹4L Cash Addition...

ITAT Upholds Capital Gains on Transfer of Development Rights under JDA: Remands to AO to Allow...

ITAT Restores Appeal After Improper 249(4) Dismissal: CIT(A) Must Re-Examine Bogus Loan Addition...

Construction of Govt. Residential Quarters to GSPHCL Not Taxable: CESTAT Drops Service Tax Demand on Works Contract but Upholds GTA Liability [Read Order]

Karnataka HC Quashes OIA Since Issue Already Settled by Coordinate Bench, Remands Service Tax Dispute on Labour Charges [Read Order]

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 Order]

Service Tax Payable on Consolidated Rent Collected by Co-owners when Threshold Exceeds: Calcutta HC on Clubbing of Rent [Read Order]

Construction of Govt. Residential Quarters to GSPHCL Not Taxable: CESTAT Drops Service Tax Demand on Works Contract but Upholds GTA Liability [Read Order]

Gujarat HC upholds CESTAT order Granting Excise Exemption to Pre-Laminated Bagasse Board citing Coordinate Bench Ruling [Read Order]

Maruti Dealership Incentives Qualify as Trade Discounts Not Taxable Services: CESTAT Quashes ₹2.21Cr Service Tax Demand on Audi Motors [Read Order]

Break-up of Charges in Builder Agreement Supports Non-Taxability of Parking Fees: CESTAT relief to Omaxe Buildhome [Read Order]

Sharing of Costs with Overseas Group Companies Not a Taxable Service: CESTAT Deletes Demand [Read Order]

NHPC Responsible for Full Construction & Road Maintenance, Not Just Consultancy: CESTAT Holds Not Liable to Pay Service Tax [Read Order]

Mis-declaration Not Proved: CESTAT Rules Scrap Classification Alone Cannot Trigger Penal Action in Customs Valuation Disputes [Read Order]

Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]

SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read...

Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7...

NCLAT Invokes S. 231 to Oversee Corporate Debtor Revival, Grants Final 60‑Day Extension for...

Corporate Fraud and Audit Accountability: Understanding India’s Regulatory and Judicial Framework

Chartered Accountants Association of Surat Files Writ against CBDT in Gujarat HC on Delayed Release...

IBBI Suspends IP for Including Related Party in Creditors' Committee, Procedural Lapses

E-Way Bill System Under GST: Know Penalties and Consequences of Non-Compliance

Auditing Cryptocurrency? know the basics and How to Report It

Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]

55th GST Council Meeting Recommendations: All You Need to Know

GST on Intermediary Services- Gamut of Clarifications and Litigations!!

Why and How Political Parties Get Income Tax Exemption?

How can Freelancers manage their Income by Optimising Income Tax?

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Contractor accepting Flats as Payment Cannot be Reclassified as a Financial Creditor: NCLT [Read Order]

SARFAESI Notice Deemed Valid Invocation: NCLT Orders Insolvency Against Personal Guarantor [Read...

Corporate Guarantee Constitutes Financial Debt u/s 5(8)(i): NCLAT Upholds NCLT’s Admission of S.7...

NCLAT Invokes S. 231 to Oversee Corporate Debtor Revival, Grants Final 60‑Day Extension for...

Corporate Fraud and Audit Accountability: Understanding India’s Regulatory and Judicial Framework

ICMAI Releases Admit Card for December 2025 Exams: Foundation, Intermediate and Final

Scrap Sales & Incidental Receipts Linked to Eligible Undertaking Qualify for S.10A Deduction: Madras HC Rules in Favour of Cognizant [Read Order]

ICAI Announces Schedule and Cities for ISA - AT February 2026 Session: Check Full List

Regd. Seller cannot be Denied Tax Deduction because Regd. Dealer Stole ST-15 Forms: Punjab & Haryana HC [Read Order]

System Failure due to Heavy Rainfall: Karnataka HC condones 36 days delay in filing ITR [Read Order]

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