Mansi Yadav
![NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124039-nclat-upholds-admission-sbis-rs116-crore-claim-taxscan.webp "NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]")
NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has held that a suspended director who himself initiated the...
![No Grounds to Interfere with Order Admitting S. 95 Application: NCLAT upholds Insolvency Proceedings against Personal Guarantors [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2124003-no-grounds-interfere-order-admitting-s-95-application-taxscan.webp "No Grounds to Interfere with Order Admitting S. 95 Application: NCLAT upholds Insolvency Proceedings against Personal Guarantors [Read Order]")
![NCLAT sets aside Dismissal of S. 95 IBC Pleas Filed by Canara Bank against Personal Guarantors[Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2123983-nclat-sets-aside-dismissal-s-95-ibc-pleas-filed-canara-bank-against-personal-guarantors.webp "NCLAT sets aside Dismissal of S. 95 IBC Pleas Filed by Canara Bank against Personal Guarantors[Read Order]")
![Callous Approach by CIT(A) for Summarily Dismissing Appeal: ITAT Restores Appeal Dismissed Over Mere Clerical Error [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/2123916-callous-approach-by-cita-summarily-dismissing-appeal-taxscan.webp "Callous Approach by CIT(A) for Summarily Dismissing Appeal: ITAT Restores Appeal Dismissed Over Mere Clerical Error [Read Order]")
![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/2026/02/05/2123917-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]
The Orissa High Court has set aside an order rejecting an application for rectification under the Goods and Services Tax Act 2017. The Court observed that it was violative of the principles of...
![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/2026/02/06/2123981-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]
The Uttarakhand High Court has disposed of a writ petition challenging the cancellation of GST registration on account of non-filing of returns. The Court granted liberty to seek revocation of ...
![Uttarakhand HC allows Taxpayer to Seek Revocation of GST Registration Cancelled for Non-Filing of Returns [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/2123979-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/2026/02/06/2123984-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/2026/02/05/2123915-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/2026/02/05/2123921-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/2026/02/05/2123922-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]")