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Misleading Advertisement Claims on IIT-JEE Results: CCPA Fines Coaching Institute ₹3 Lakh
The Central Consumer Protection Authority ( CCPA ) has imposed Rs. 3 lakh fine on a coaching institute for providing misleading advertisement...
![Employed Abroad? Here’s How India’s New 2025 Tax Bill May Affect Your Income Tax [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/02/employed-abroad-income-tax.jpg "Employed Abroad? Here’s How India’s New 2025 Tax Bill May Affect Your Income Tax [Read Bill]")
![Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Financial-Debt-Deposit-of-Security-taxscan.jpg "Deposit of Security under Memorandum of Understanding in absence of Effect of Borrowing Cannot be Categorised as Financial Debt: NCLAT [Read Order]")
![Liquidator can Decide to Proceed With Private sale by Swiss Challenge Method: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/NCLAT-Liquidator-Swiss-Challenge-Method-taxscan.jpg "Liquidator can Decide to Proceed With Private sale by Swiss Challenge Method: NCLAT [Read Order]")
ITAT Strikes Down Excessive S.14A Disallowance Due to AO’s Failure to Record Dissatisfaction [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) struck down an excessive disallowance made under Section 14A of the Income Tax Act, 1961 as the Assessing Officer (AO) had failed to...
![ITAT Strikes Down Excessive S.14A Disallowance Due to AO’s Failure to Record Dissatisfaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Down-Excessive-Disallowance-Record-Dissatisfaction-taxscan.jpg "ITAT Strikes Down Excessive S.14A Disallowance Due to AO’s Failure to Record Dissatisfaction [Read Order]")
Exclusive Supply Agreement Does Not Establish Creditor-Debtor Relationship Under IBC: NCLT [Read Order]
In accordance with Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC), the National Company Law Tribunal (NCLT), located in Delhi, has ruled that a petitioner cannot start the Corporate...
CESTAT Upholds Rs. 9.56 Crore Excise Demand due to Fraudulent Refund Claims and Cenvat Credit Misuse [Read Order]
The Kolkata bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has upheld an excise duty demand of Rs. 9.56 crore against M/s. Koolmint Manufacturing Company and M/s. Kaizen...
![CESTAT Upholds Rs. 9.56 Crore Excise Demand due to Fraudulent Refund Claims and Cenvat Credit Misuse [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-Excise-Demand-Fraudulent-Refund-Claims-and-Cenvat-Credit-Misuse-TAXSCAN.jpg "CESTAT Upholds Rs. 9.56 Crore Excise Demand due to Fraudulent Refund Claims and Cenvat Credit Misuse [Read Order]")
