Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
![TDS Refund cannot be Indefinitely Delayed after Success in Appeal: Jharkhand HC Orders Time-Bound Action by Income Tax Authorities [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126567-tds-refund-cannot-be-indefinitely-jharkhand-hc-income-tax-authorities.webp "TDS Refund cannot be Indefinitely Delayed after Success in Appeal: Jharkhand HC Orders Time-Bound Action by Income Tax Authorities [Read Order]")
TDS Refund cannot be Indefinitely Delayed after Success in Appeal: Jharkhand HC Orders Time-Bound Action by Income Tax Authorities [Read Order]
The Jharkhand High Court has held that refund of TDS ( Tax deduction at Source) cannot be indefinitely delayed once an assessee succeeds in appeal....
![Mere Inclusion of Scrip in ‘Penny Stock’ List without Material Evidence of Price Manipulation Not Justify Addition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126504-penny-stock-11jpg.webp "Mere Inclusion of Scrip in ‘Penny Stock’ List without Material Evidence of Price Manipulation Not Justify Addition: ITAT [Read Order]")
![Interest on GST Refund: Jharkhand HC Refuses Writ Jurisdiction as Appeal Lies before GSTAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126484-interest-on-gst-refund-jarkhand-hc-refuses-writ-jurisdiction-appeal-lies-gstat-taxscan.webp "Interest on GST Refund: Jharkhand HC Refuses Writ Jurisdiction as Appeal Lies before GSTAT [Read Order]")
![Jharkhand HC Grants Bail to Businessman in ₹35 Crore GST Evasion Case Noting Suo Moto deposit of Rs. 1.25 crores [Read Order]](https://images.taxscan.in/h-upload/2026/02/19/2126356-jharkhand-hc-grants-bail-to-businessman-gst-.webp "Jharkhand HC Grants Bail to Businessman in ₹35 Crore GST Evasion Case Noting Suo Moto deposit of Rs. 1.25 crores [Read Order]")
Unsecured Loans’ Creditworthiness confirmed through PAN, ITR and Confirmations Sufficient: ITAT deletes S. 68 Addition [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that unsecured loans cannot be treated as unexplained cash credits under Section 68 where the assessee establishes...
![Unsecured Loans’ Creditworthiness confirmed through PAN, ITR and Confirmations Sufficient: ITAT deletes S. 68 Addition [Read Order]](https://images.taxscan.in/h-upload/2026/02/18/2126260-unsecured-loans-creditworthiness-pan-itr-and-confirmations-sufficient-itat-.webp "Unsecured Loans’ Creditworthiness confirmed through PAN, ITR and Confirmations Sufficient: ITAT deletes S. 68 Addition [Read Order]")
ITAT Grants S. 50C Proviso relief where Advance Received by Cheque Before Sale Deed Registration [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal ( ITAT ) held that where part of the sale consideration was received through bank account or electronic mode at the time of agreement to sell,...
![ITAT Grants S. 50C Proviso relief where Advance Received by Cheque Before Sale Deed Registration [Read Order]](https://images.taxscan.in/h-upload/2026/02/18/2126250-itat-grants-s-50c-proviso-relief-advance-received-cheque-before-sale-deed-registration.webp "ITAT Grants S. 50C Proviso relief where Advance Received by Cheque Before Sale Deed Registration [Read Order]")
Repayment of Director’s own Deposit Not Deemed Dividend: ITAT Deletes ₹25L addition u/s 2(22)(e) [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Ahmedabad Bench held that repayment or withdrawal of a director’s own deposit maintained with a company cannot be treated as deemed dividend under Section...
![Repayment of Director’s own Deposit Not Deemed Dividend: ITAT Deletes ₹25L addition u/s 2(22)(e) [Read Order]](https://images.taxscan.in/h-upload/2026/02/18/2126229-repayment-directors-own-deposit-deemed-dividend-itat.webp "Repayment of Director’s own Deposit Not Deemed Dividend: ITAT Deletes ₹25L addition u/s 2(22)(e) [Read Order]")
Do Income Tax Officials get Unlimited power to Digital Space using AI? Finance Ministry answers [Read Lok Sabha Document]
With regards to the issue of access to digital space by the income tax officials, the Finance Ministry has clarified in the Lok Sabha that the newly introduced Section 247 of the Income-tax Act,...
![Do Income Tax Officials get Unlimited power to Digital Space using AI? Finance Ministry answers [Read Lok Sabha Document]](https://images.taxscan.in/h-upload/2026/02/17/2126031-do-income-tax-officials-get-unlimited-power-digital-space-using-ai-finance-ministry-answers-taxscan.webp "Do Income Tax Officials get Unlimited power to Digital Space using AI? Finance Ministry answers [Read Lok Sabha Document]")
Reporting Errors in Form MGT-7A : MCA Fines Company and its Directors under Small Company Rule [Read Order]
The Ministry of Corporate Affairs ( MCA ) has imposed a penalty on a company and its directors for errors and omissions in its annual return filing that is Form MGT-7A. The company, Shreekrishna Impex...
![Reporting Errors in Form MGT-7A : MCA Fines Company and its Directors under Small Company Rule [Read Order]](https://images.taxscan.in/h-upload/2026/02/17/2126034-reporting-errors-form-mgt-7a-mca-fines-company-directors-under-small-company-rule.webp "Reporting Errors in Form MGT-7A : MCA Fines Company and its Directors under Small Company Rule [Read Order]")
MCA Penalises Company for not Timely Appointing Woman Director Post-Resignation of Earlier Director [Read Order]
The Ministry of Corporate Affairs (MCA), has imposed penalties on Lava International Limited and its directors for failure to appoint a woman director within the prescribed time after the...
![MCA Penalises Company for not Timely Appointing Woman Director Post-Resignation of Earlier Director [Read Order]](https://images.taxscan.in/h-upload/2026/02/17/2126037-mca-penalises-company-timely-appointing-woman-director-post-resignation-earlier-director-taxscan.webp "MCA Penalises Company for not Timely Appointing Woman Director Post-Resignation of Earlier Director [Read Order]")
![GST SCN served 2 days prior to Issuance Date: Madras HC orders Fresh Consideration [Read Order]](https://images.taxscan.in/h-upload/2026/02/16/2125559-gst-scn-issuance-date-madras-high-court-fresh-consideration-gst-scn-show-cause-notice-gst-taxscan.webp "GST SCN served 2 days prior to Issuance Date: Madras HC orders Fresh Consideration [Read Order]")