![No Retrospective Amendment to Section 14A: ITAT Dismisses Revenues Plea [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Mumbai-Section-14A-of-the-Income-Tax-Act-ITAT-Dismisses-Revenue-Taxscan.jpg "No Retrospective Amendment to Section 14A: ITAT Dismisses Revenues Plea [Read Order]")
No Retrospective Amendment to Section 14A: ITAT Dismisses Revenue's Plea [Read Order]
In a significant ruling, the Income Tax Appellate Tribunal (ITAT) Mumbai Bench dismissed the Revenue’s appeal in a case concerning the applicability...
![ITAT remits case back to AO over Assessees Silence & Lack of Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Remits-Case-Assessing-Officer-taxscan.jpg "ITAT remits case back to AO over Assessees Silence & Lack of Compliance [Read Order]")
CoC ‘s Commercial wisdom in rejecting resolution plans and opting for liquidation is “Non-Justiciable”: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi has held that the commercial wisdom of the Committee of Creditors ( CoC ) in rejecting a resolution plan and opting for liquidation is...
Allahabad HC Denies Bail to GST ITC Fraud Accused, Cites Co-Offender’s Bail Rejection & Risk of Evidence Tampering [Read Order]
In a recent ruling, the Allahabad High Court denied bail to GST Input Tax Credit ( ITC ) fraud accused citing the rejection of a co-offender’s bail as evidence of strong charges and the high risk of...
![Allahabad HC Denies Bail to GST ITC Fraud Accused, Cites Co-Offender’s Bail Rejection & Risk of Evidence Tampering [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Allahabad-High-Court-Bail-to-GST-ITC-Fraud-GST-fraud-bail-decision-2025-taxscan.webp "Allahabad HC Denies Bail to GST ITC Fraud Accused, Cites Co-Offender’s Bail Rejection & Risk of Evidence Tampering [Read Order]")
SC Orders ₹1,600 Crore Refund to Vodafone Idea, Slams Income Tax Dept for Negligence and Procedural Failures
The Supreme Court on Monday (20.01.2025) upheld a Bombay High Court order directing the Income Tax Department to refund Rs. 1,128 crore to Vodafone Idea Limited along with interest of Rs. 500 crore....
