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NCLAT - Corporate Debtor - section 61 of the IBC - IBC - Insolvency Bankruptcy code - taxscan

No Appeal u/s 61 of IBC Maintainable after Dissolution of Corporate Debtor: NCLAT [Read Order]

Yogitha S. Yogesh
NCLAT - resolution plans - CoC resolution plan rejection - Committee of Creditors - taxscan

CoC ‘s Commercial wisdom in rejecting resolution plans and opting for liquidation is...

Yogitha S. Yogesh
Budget Progress Report - Budget - Union Finance Minister - Union Budget promises - taxscan

Budget Progress Report FY2024-2025: Were the Promises Kept? [Part 1]

Saagarika Gopinath
Allahabad HC Denies Bail to GST ITC Fraud Accused, Cites Co-Offender’s Bail Rejection & Risk of Evidence Tampering [Read Order]

Allahabad HC Denies Bail to GST ITC Fraud Accused, Cites Co-Offender’s Bail Rejection & Risk of...

Kavi Priya

Income Tax Dept Exposes Massive ₹1,070 Crore Fraud: 90,000 Salaried Taxpayers Involved

The Income Tax Department has identified nearly Rs. 1,070 crore worth of wrongful tax deduction claims made by around 90,000 salaried individuals from public and private sector companies. The...

Income Tax Dept Exposes Massive ₹1,070 Crore Fraud: 90,000 Salaried Taxpayers Involved
Kavi Priya

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....

SC Orders ₹1,600 Crore Refund to Vodafone Idea, Slams Income Tax Dept for Negligence and Procedural Failures
Kavi Priya

DGFT Amends Export Policy Conditions for Agarwood Chips, Powder, and Oil [Read Notification]

The Ministry of Commerce & Industry, through the Directorate General of Foreign Trade ( DGFT ), issued Notification No. 52/2024-25 on January 20, 2025, significantly revising export quotas for...

DGFT - Export Policy for Agarwood Chips - Agarwood powder export condition - TAXSCAN
Kavi Priya

Staying GST Recovery Proceedings awaiting Formation of GSTAT (Find Draft Request Format Here)

The Goods and Services Tax (GST), introduced in India on July 1, 2017, marked a significant overhaul of the indirect taxation system in the nation. By consolidating various central and state taxes...

Staying GST Recovery Proceedings awaiting Formation of GSTAT (Find Draft Request Format Here)
Avinash Kurungot

DGFT extends Free Import Policy for Pigeon Peas for 1 Year [Read Notification]

The Ministry of Commerce & Industry, through its Directorate General of Foreign Trade (DGFT), has issued Notification No. 51/2024-25 dated January 26, 2025, announcing the extension of the "Free"...

DGFT - Import Policy - DGFT extends Free Import Policy - Taxscan
Kavi Priya

ITAT Weekly Round-Up [Jan 11-Jan 17,2025]

This weekly round-up analytically summarises the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan during the previous week from January 11th to January 17th 2025. ...

ITAT - ITAT Weekly Round-UP - Income tax - ITAT news - Income tax news - section 147 of the Income Tax Act - Kolkata Bench of Income Tax Appellate Tribunal - Income Tax Act - National Faceless Appeal Centre - Taxscan
Eeva Mary Sanil

Income Tax Alert! DTVSV Scheme, 2024 Extended Deadline Due in 10 Days

In a crucial move to provide relief to taxpayers, the Central Board of Direct Taxes ( CBDT ) had extended the deadline for determining payable amounts under the Direct Tax Vivad Se Vishwas ( DTVSV )...

Income Tax Alert! DTVSV Scheme, 2024 Extended Deadline Due in 10 Days
Manu Sharma

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