![NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063724-no-appeal-under-section-61-filed-against-an-order-nclat-not-covered-by-part-ii-of-i-b-code-part-ii-of-i-b-code-taxscan-2.webp "NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]")
NCLAT Rejects Appellant’s Corporate Guarantee Claim as Time-Barred, Holds 388-Day Delay Violates IBC S.12 [Read Order]
The Delhi Bench of the National Company Law Appellate Tribunal (NCLAT) rejected the appellant’s corporate guarantee claim as time-barred and held...
![Deduction Claim on Unpaid Ad-hoc Bonus from AY 1984-85: Bombay HC Quashes ₹12L Income Tax Penalty from 2002 ITAT Order citing Plausibility [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063729-deduction-deduction-claim-deduction-claim-on-unpaid-ad-hoc-bonus-ad-hoc-bonus-taxscan.webp "Deduction Claim on Unpaid Ad-hoc Bonus from AY 1984-85: Bombay HC Quashes ₹12L Income Tax Penalty from 2002 ITAT Order citing Plausibility [Read Order]")
![Patna HC Refuses to Interfere in GST Dispute Under Writ Jurisdiction, Cites Availability of Statutory Appeal Before Tribunal [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063713-patna-hc-patna-hc-refuses-to-interfere-patna-hc-refuses-to-interfere-in-gst-dispute-taxscan.webp "Patna HC Refuses to Interfere in GST Dispute Under Writ Jurisdiction, Cites Availability of Statutory Appeal Before Tribunal [Read Order]")
Jane Street deposits ₹4,843 Crores to Escrow Account with SEBI Lien in Alleged BANKNIFTY Manipulation Case [Read Press Release]
The Securities andExchange Board of India (SEBI) has issued an update on the Jane Street market manipulation issue involving a ginormous ₹36,500 crore. Consequent to the proceedings and an interim...
![Jane Street deposits ₹4,843 Crores to Escrow Account with SEBI Lien in Alleged BANKNIFTY Manipulation Case [Read Press Release]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063718-jane-street-sebi.webp "Jane Street deposits ₹4,843 Crores to Escrow Account with SEBI Lien in Alleged BANKNIFTY Manipulation Case [Read Press Release]")
![No GST Exemption for School Bus Services Paid Directly By Parents: AAAR [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063707-gst-exemption-school-bus-services-school-bus-taxscan.webp "No GST Exemption for School Bus Services Paid Directly By Parents: AAAR [Read Order]")
GSTN Clarifies GSTR-1 Filing for B2C Supplies: Table 12B Not Mandatory, Dummy Entry Required in Table 12A
The Goods and Services Tax Network (GSTN) issued a clarification to help taxpayers filing GSTR-1 returns for B2C (Business-to-Consumer) supplies. This clarification addresses confusion and technical...
![No Service Tax Chargeable on Warranty Labour for Free After-Sale Service: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063643-labour-service-tax.webp "No Service Tax Chargeable on Warranty Labour for Free After-Sale Service: CESTAT [Read Order]")
J&K High Court Holds Home Ministry Liable to Pay GST in Addition to Fixed Rent for Hotel Accommodation [Read Order]
The High Court of Jammu and Kashmir,held the Home Ministry liable to pay Goods and Service Tax (GST) in addition to the fixed rent for hotel accommodation rented from the petitioner. Mushtaq...
![J&K High Court Holds Home Ministry Liable to Pay GST in Addition to Fixed Rent for Hotel Accommodation [Read Order]](https://images.taxscan.in/h-upload/2025/07/14/500x300_2063633-gst-on-hotel-rent.webp "J&K High Court Holds Home Ministry Liable to Pay GST in Addition to Fixed Rent for Hotel Accommodation [Read Order]")