![Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Remaining-amount-claim-show-Existence-claim-show-Default-Amount-NCLAT-upholds-NCLAT-NCLAT-upholds-Appointment-NCLAT-upholds-Appointment-of-RP-taxscan.jpg "Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]")
Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that remaining amount of claim show existence of default amount...
![Leasing of E-Bikes without Operator Classifiable under Amended Tax Rate Notification at 18% GST: AAAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/AAAR-GST-18-GST-for-e-bike-Leasing-of-E-Bikes-TAXSCAN.jpg "Leasing of E-Bikes without Operator Classifiable under Amended Tax Rate Notification at 18% GST: AAAR [Read Order]")
![Classification of Services as FTS under India-Netherlands Tax Treaty: ITAT Rejects Taxability due to Lack of Technology Transfer [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Fees-for-Technical-Services-taxscan.jpg "Classification of Services as FTS under India-Netherlands Tax Treaty: ITAT Rejects Taxability due to Lack of Technology Transfer [Read Order]")
![Contempt Appeal against Juristic Entity not Maintainable u/s 61 of IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/NCLAT-IBC-Contempt-Appeal-taxscan.jpg "Contempt Appeal against Juristic Entity not Maintainable u/s 61 of IBC: NCLAT [Read Order]")
Authorised Representative Can be Replaced by Procedure Provided under Regulation 16(3A) of CIRP Regulations: NCLAT [Read Order]
The National Company Law Appellate Tribunal's ( NCLAT ) New Delhi bench ruled that the authorized representative can be replaced by following the process outlined in Regulation 16(3A) of the CIRP...
No Addition can be made in the hands of Assessee based on Retracted Statements: ITAT [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal ( ITAT ), Jaipur Bench, comprising Judicial Member Dr. S. Seethalakshmi and Accountant Member Shri Rathod Kamlesh Jayantbhai, dismissed an appeal...
![No Addition can be made in the hands of Assessee based on Retracted Statements: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Retracted-Statements-ITAT-Income-Tax-Act-1961-Income-Tax-Department-corroborative-evidence-Supreme-Court-ruling-Assessing-Officer-Rajasthan-High-Court-Taxscan.jpg "No Addition can be made in the hands of Assessee based on Retracted Statements: ITAT [Read Order]")
Till Tax Do Us Part: ICAI Proposes Joint Taxation for Married Couples ahead of Budget 2025 - Benefits and Challenges
In a recent move that could change the tax system in India, the Institute of Chartered Accountants of India ( ICAI ) has proposed to the government to allow married couples to file joint income tax...
Payment slip will not establish retention allowance as part of salary in absence of supporting documents: NCLAT [Read Order]
In a recent case, the Chennai bench of the National Company Law Appellate Tribunal (NCLAT) observed that payment slip will not establish retention allowance as part of salary in the absence of...
Huge GST Fraud Exposed: Senior GST Officials, Transporters, and Mafia Linked to Multi Crore Tax Evasion
A Huge GST Fraud exposed senior officials, transporters, and mafia allegedly causing the loss of thousands of crores every month to the Government. The reports of industry representatives revealed...
“Fit Case for Exemplary Costs on Complainant and ED”: Bombay HC in Cooked up Case against Developer [Read Order]
In a recent decision, the Bombay High Court, presided over by Justice Milind N. Jadhav quashed criminal proceedings against the developers Rakesh Brijlal Jain and others, initiated under the...
