Mansi Yadav
NCLAT sets aside Dismissal of S. 95 IBC Pleas Filed by Canara Bank against Personal Guarantors[Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has set aside an order dismissing applications filed by Canara Bank...
![Reimbursement of Expenses Requires Fresh Examination before Treating as International Transaction: ITAT sets aside Transfer Pricing Adjustment [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/250x150_2123917-reimbursement-expenses-requires-fresh-examination-before-treating-international-transaction-itat-sets-aside-transfer-pricing-adjustment-taxscan.webp "Reimbursement of Expenses Requires Fresh Examination before Treating as International Transaction: ITAT sets aside Transfer Pricing Adjustment [Read Order]")
![Order Rejecting the Application is Bereft of Reason: Orissa HC sets aside Rejection of Application filed u/s 161 [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2123981-orissa-high-court-rejection-order-bereft-of-reason-order-rejection-rejection-of-application-taxscan.webp "Order Rejecting the Application is Bereft of Reason: Orissa HC sets aside Rejection of Application filed u/s 161 [Read Order]")
![Uttarakhand HC allows Taxpayer to Seek Revocation of GST Registration Cancelled for Non-Filing of Returns [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2123979-uttarakhand-hc-allows-taxpayer-seek-revocation-gst-registration-cancelled-non-filing-returns-taxscan.webp "Uttarakhand HC allows Taxpayer to Seek Revocation of GST Registration Cancelled for Non-Filing of Returns [Read Order]")
Andhra Pradesh HC Holds Transfer of Business as Going Concern Not Taxable under GST, Sets Aside AAAR Ruling [Read Order]
The Andhra Pradesh High Court has held that transfer of an entire business undertaking as a going concern does not amount to a taxable supply under the Goods and Services Tax law, setting aside the ...
![Andhra Pradesh HC Holds Transfer of Business as Going Concern Not Taxable under GST, Sets Aside AAAR Ruling [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/500x300_2123984-andhra-pradesh-hc-holds-transfer-business-going-concern-not-taxable-under-gst-sets-aside-aaar-ruling-taxscan.webp "Andhra Pradesh HC Holds Transfer of Business as Going Concern Not Taxable under GST, Sets Aside AAAR Ruling [Read Order]")
ITAT Directs Fresh Examination of Alleged Accommodation Entry Addition Based on Investigation Wing Inputs [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a matter back to the Assessing Officer, holding that an addition made solely on the basis of uncorroborated information ...
![ITAT Directs Fresh Examination of Alleged Accommodation Entry Addition Based on Investigation Wing Inputs [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123915-itat-directs-fresh-examination-alleged-accommodation-entry-addition-based-investigation-wing-inputs-taxscan.webp "ITAT Directs Fresh Examination of Alleged Accommodation Entry Addition Based on Investigation Wing Inputs [Read Order]")
CIT(A)’s Order is Unjust and Unfair: ITAT Restores ₹14.25 Cr Addition u/s 56(2)(viib) After Rejecting DCF Valuation [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has allowed the Revenue’s appeal and restored an addition of over ₹14.25 crore made under Section 56(2)(viib) of the Income Tax Act, 1961,...
![CIT(A)’s Order is Unjust and Unfair: ITAT Restores ₹14.25 Cr Addition u/s 56(2)(viib) After Rejecting DCF Valuation [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123921-itat-restores-taxscan.webp "CIT(A)’s Order is Unjust and Unfair: ITAT Restores ₹14.25 Cr Addition u/s 56(2)(viib) After Rejecting DCF Valuation [Read Order]")
ITAT Remands S. 14A Disallowance on Mutual Fund Investments for Fresh Verification, partly allowing Kirloskar Pneumatic’s Appeal [Read Order]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has restored the issue of disallowance under Section 14A of theIncome Tax Act, 1961 to the Assessing Officer, partly allowing an appeal by ...
![ITAT Remands S. 14A Disallowance on Mutual Fund Investments for Fresh Verification, partly allowing Kirloskar Pneumatic’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123922-itat-pune-disallowance-mutual-fund-investments-fresh-verification-kirloskar-pneumatic-s-appeal-taxscan.webp "ITAT Remands S. 14A Disallowance on Mutual Fund Investments for Fresh Verification, partly allowing Kirloskar Pneumatic’s Appeal [Read Order]")
ITAT Orders Re-evaluation of S. 14A Disallowances and Foreign Tax Credits for Bank of India, Dismisses Revenue’s Appeal [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that no disallowance under Section 14A of the Income Tax Act, 1961 could be made in respect of exempt income earned from shares...
![ITAT Orders Re-evaluation of S. 14A Disallowances and Foreign Tax Credits for Bank of India, Dismisses Revenue’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123918-itat-orders-re-evaluation-s-14a-disallowances-foreign-tax-credits-bank-india.webp "ITAT Orders Re-evaluation of S. 14A Disallowances and Foreign Tax Credits for Bank of India, Dismisses Revenue’s Appeal [Read Order]")
ITAT Orders Grant of Foreign Tax Credit as per Rule 128, Holds Procedural Lapses Cannot Cause Double Taxation Read Order []
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that foreign tax credit (FTC) cannot be denied merely on the ground of delay in filing Form 67, because the taxes were paid...
![ITAT Orders Grant of Foreign Tax Credit as per Rule 128, Holds Procedural Lapses Cannot Cause Double Taxation Read Order []](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123912-itat-foreign-tax-credit-taxscan.webp "ITAT Orders Grant of Foreign Tax Credit as per Rule 128, Holds Procedural Lapses Cannot Cause Double Taxation Read Order []")