Relief for BPL Ltd: CESTAT Rules Payment Received from JVA as Pure Reimbursement for Business Transfer Delay, Not Manpower Supply [Read Order]
The Bangalore Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that the payments received by BPL Ltd from its joint...
NCLAT Closes CIRP in Rare Court-Monitored Insolvency, After Flat Possession Given to Allottees [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has formally closed the Corporate Insolvency Resolution Process (CIRP) of Grand Reality Pvt. Ltd., after confirming that the construction of the...
Disallowance u/s 14A Cannot Be Added Back While Computing Book Profits u/s 115JB of Income Tax: ITAT [Read Order]
The Chandigarh Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that disallowance under Section 14A cannot be added back while computing book profits under Section 115JB of the Income ...
![Disallowance u/s 14A Cannot Be Added Back While Computing Book Profits u/s 115JB of Income Tax: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070742-disallowance-ao-taxscan.webp "Disallowance u/s 14A Cannot Be Added Back While Computing Book Profits u/s 115JB of Income Tax: ITAT [Read Order]")
NCLAT Rejects Suspended Director’s Challenge to CIRP, Asserts Timely Resolution over Procedural Technicalities [Read Order]
The National Company Law Appellate Tribunal (NCLAT) recently dismissed an appeal filed by a suspended director who challenged the initiation of the Corporate Insolvency Resolution Process (CIRP) on...
No Protection Under Unregistered Sale Agreement, But Claim Must be Admitted under IBC Liquidation Process: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, has held that a buyer of immovable property under an unregistered agreement to sell is not entitled to possession under Section...
Auditor Mistakenly Mentioned Wrong AY while Withdrawing GST Appeal to opt Amnesty Scheme: Madras HC restores Appeal [Read Order]
The Madras High Court restored the GST ( Goods and Services Tax) appeal which was wrongly withdrawn due to an inadvertent mistake by the petitioner’s auditor. Justice Krishnan Ramasamy held...
![Auditor Mistakenly Mentioned Wrong AY while Withdrawing GST Appeal to opt Amnesty Scheme: Madras HC restores Appeal [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070982-gst-appeal-taxscan.webp "Auditor Mistakenly Mentioned Wrong AY while Withdrawing GST Appeal to opt Amnesty Scheme: Madras HC restores Appeal [Read Order]")