Taxscan | Simplifying Tax Laws

Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]

The Debts Recovery Tribunal (DRT) - III, Chennai noted that the intermittent repayments eventually led to the loan account turning into a...

Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]

Cuttack GSTAT Bench Now Fully Operational With Appointment of 3 Members

AO Cannot Adopt FMV for Capital Gains while using Book Value for Business Profits: ITAT Clarifies S....

IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural...

Parallel Proceedings for Same AY After CIT(A) Set Aside Reassessment: ITAT Sets Aside ₹169.75 Cr...

How To Calculate Interest On a Personal Loan Using Simple And Practical Methods

Understanding Small Cap Fund and Multi Asset Allocation Fund returns

Forming a US LLC from India: The Tax and Compliance Costs Nobody Talks About

How to Read a Health Insurance Policy Wording: Clauses That Change Your Claim Payout

Cuttack GSTAT Bench Now Fully Operational With Appointment of 3 Members

Failure to File GST Returns for 6 Months Due to Health and Financial Problems: Madras HC Quashes the Cancellation Order [Read Order]

Opportunity of Personal Hearing Missed due to SCN Issuance on GST Portal: Madras HC Remands Matter Referring to S.169 [Read Order]

GST ITC refund claimed within S. 54(1) Timeline cannot be Denied by Executive Circulars: Calcutta HC Grants Relief to Adani Wilmer [Read Order]

GST Rectification Orders Cannot Be Challenged in Writ When Alternate Remedy Available: Andhra Pradesh HC [Read Order]

AO Cannot Adopt FMV for Capital Gains while using Book Value for Business Profits: ITAT Clarifies S. 45(2) scope [Read Order]

Parallel Proceedings for Same AY After CIT(A) Set Aside Reassessment: ITAT Sets Aside ₹169.75 Cr...

₹60 Lakh Loan Addition u/s 68 Deleted as AO Relied on Assumptions, Not Evidence: ITAT Upholds CIT(A)...

No Fresh Reassessment after 4 years when Facts Were Fully Disclosed: ITAT [Read Order]

Why Income Tax Notices are Increasing: 5 Red Flags Taxpayers Must Watch

Service Tax Exemption for Services to Diplomatic Missions: Delhi HC upholds CESTAT’s Direction to Verify MEA Certificates [Read Order]

Form 26AS Data Cannot be Solely Relied Upon for Levying Service Tax: Gauhati High Court [Read Order]

Service Tax Demands Against Aircel Extinguished After NCLT-Approved Resolution Plan Under IBC: CESTAT [Read Order]

Failure To Establish Public Utility Of Internal Roads: CESTAT Remands ₹6.73 Lakh Service Tax Demand [Read Order]

RCM Service Tax Demand Cannot Be Raised Solely on Foreign Currency Expenditure Shown in Balance Sheet : CESTAT [Read Order]

Service Tax Exemption for Services to Diplomatic Missions: Delhi HC upholds CESTAT’s Direction to Verify MEA Certificates [Read Order]

CESTAT Weekly Round-up

IT Facility Management Services Not Taxable as Maintenance: CESTAT Quashes ₹4.5 Crore Service Tax Demand [Read Order]

No Service Tax on CII for Facilitating Members’ Participation in Overseas Business Exhibitions for a Fee: CESTAT [Read Order]

Relief for Berger Paints: CESTAT Rules Painting Contracts Involving Supply of Paint Classifiable as ‘Works Contract Service’ [Read Order]

No Excise Duty on Goods Removed for Repacking Within Factory: CESTAT Grants Relief to ITC Ltd [Read Order]

Non-mention of Commission Amount in Shipping Bills Mere Technical Breach: CESTAT allows Service Tax Refund to Tata Intl [Read Order]

IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]

No Service Tax On Individual Truck Owners Without Consignment Note: CESTAT Sets Aside ₹3.42 Lakh...

CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]

Approved Resolution Plan Cannot Be Reopened Or Remanded By CoC: NCLAT Sets Aside NCLT Order [Read...

Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]

CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore...

Reassignment of Reliance Bhutan Loan to Dissenting Creditors Invalid: NCLAT Dismisses Bank of Baroda...

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?

Top Global Accounting Scandals Impacted Reputation of Big Accounting Firms

IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]

No Service Tax On Individual Truck Owners Without Consignment Note: CESTAT Sets Aside ₹3.42 Lakh...

CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]

Approved Resolution Plan Cannot Be Reopened Or Remanded By CoC: NCLAT Sets Aside NCLT Order [Read...

Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]

Intermittent Repayments led to Loan Account being a Non Performing Asset: DRT Directs Registry to Prepare Recovery Certificate [Read Order]

Failure to Repay SBI Car Loan: DRT Orders Repayment with 11.25% Interest, Upholds Right to Sell Hypothecated Vehicle for Recovery [Read Order]

Property Transferred Prior to Attachment, Director Not Liable While Company Is in Existence: Madras HC Directs Registration Without NOC [Read Order]

NFRA to Inspect Audits of 35 - 40 Companies in FY 26

ICAI Announces CA Final January 2026 Results; 7,590 Candidates Qualify as Chartered Accountants

Assistant Manager Vacancy for CA and MBA B.Com at Deloitte

T&T Operate-Director Vacancy for CA and MBA at Deloitte

Client Service Analyst Vacancy for MBA at JPMorgan Chase

Director Manager Vacancy for CA and MBA at Deloitte

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