Mansi Yadav
![Rule 3(a) Interpretation: CESTAT Rejects Revenue’s Attempt to Reclassify Specific Goods Under Residuary Headings [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116491-interpretation-cestat-rejects-revenue-attempt-reclassify-specific-goods-under-residuary-headings-taxscan.webp "Rule 3(a) Interpretation: CESTAT Rejects Revenue’s Attempt to Reclassify Specific Goods Under Residuary Headings [Read Order]")
Rule 3(a) Interpretation: CESTAT Rejects Revenue’s Attempt to Reclassify Specific Goods Under Residuary Headings [Read Order]
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), has allowed an appeal concerning the classification of...
![Technical Glitches Cannot Deny Legitimate Credit: Delhi HC Directs GST Dept. to Reflect Rs. 99.18 Lakh Transitional ITC on ECL [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116484-technical-glitches-gst-portal-taxscan-1.webp "Technical Glitches Cannot Deny Legitimate Credit: Delhi HC Directs GST Dept. to Reflect Rs. 99.18 Lakh Transitional ITC on ECL [Read Order]")
![Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116451-full-settlement-nclt-approves-resolution-plan.webp "Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]")
![Form 10BB Requirement is Directory, Not Mandatory: ITAT Holds Late Filing Cannot Deny S. 11 Exemption [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/250x150_2116276-itat-jaipur-form-10bb-itat-form-10bb-10bb-late-filing-itat-10bb-judgement-form-10bb-directory-not-mandatory-taxscan.webp "Form 10BB Requirement is Directory, Not Mandatory: ITAT Holds Late Filing Cannot Deny S. 11 Exemption [Read Order]")
![ITAT Quashes Revisionary Order u/s 263 Against Sabarmati Gas as PCIT Exceeded Scope of Show Cause Notice [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115862-itat-quashes-revisionary-order-263-against-sabarmati-gas-pcit-exceeded-scope-show-cause-notice-taxscan.webp "ITAT Quashes Revisionary Order u/s 263 Against Sabarmati Gas as PCIT Exceeded Scope of Show Cause Notice [Read Order]")
ITAT Deletes ₹2.70 Crore Income Tax Addition on Alleged Cash Receipts from Property Sale, Cites Lack of Supportive Evidence [Read Order]
The Delhi Bench of the Income Tax AppellateTribunal (ITAT) has upheld the deletion of additions made on account of alleged cash and on-money transactions related to property deals, holding that the ...
![ITAT Deletes ₹2.70 Crore Income Tax Addition on Alleged Cash Receipts from Property Sale, Cites Lack of Supportive Evidence [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115856-itat-deletes-270-crore-income-tax-addition-on-alleged-cash-receipts-from-property-sale-cites-lack-of-supportive-evidence-taxscan.webp "ITAT Deletes ₹2.70 Crore Income Tax Addition on Alleged Cash Receipts from Property Sale, Cites Lack of Supportive Evidence [Read Order]")
ITAT Reduces 2% Commission Addition on Bank Credits to 1% in Accommodation Entry Matter [Read Order]
The Delhi Bench of the Income Tax AppellateTribunal (ITAT) has restricted the commission income addition made on account of alleged accommodation entries, while upholding the validity of reassessment...
![ITAT Reduces 2% Commission Addition on Bank Credits to 1% in Accommodation Entry Matter [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115831-2070700-commission-accomodation-entries-taxscan.webp "ITAT Reduces 2% Commission Addition on Bank Credits to 1% in Accommodation Entry Matter [Read Order]")
DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has dismissed an appeal filed by DCB Bank Ltd., upholding a lower tribunal's decision to set aside an auction sale. The Tribunal found that...
![DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115620-drat-quashes-auction-sale-violation-mandatory-notice-period-rejects-dcb-banks-recovery-action-taxscan.webp "DRAT Quashes Auction Sale Over Violation of Mandatory 30-Day Notice Period; Rejects DCB Bank’s Recovery Action [Read Order]")
DRAT Rejects Lohia Corp's Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]
In a recent ruling, the Debts Recovery Appellate Tribunal (DRAT) in Allahabad, recently dismissed an appeal by Lohia Corp Ltd. regarding their liability in a debt recovery matter involving ING...
![DRAT Rejects Lohia Corps Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115629-drat-rejects-lohia-corps-plea-against-joint-debt-recovery-order-upholds-liability-of-bill-acceptors-taxscan.webp "DRAT Rejects Lohia Corps Plea against Joint Debt Recovery Order, Upholds Liability of Bill Acceptors [Read Order]")
DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has partially allowed an appeal filed by a borrower, setting aside an auction sale conducted by the Bank of Baroda. The appellate...
![DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]](https://images.taxscan.in/h-upload/2025/12/29/500x300_2115651-drat-sets-side-auction-sale-due-to-stale-valuation-report-taxscan.jfif "DRAT sets side Auction Sale Due to Stale Valuation Report, upholds Proceedings despite Death of Mortgagor [Read Order]")
Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]
It condenses 47 chapters and 819 sections into 23 chapters and 536 sections, respectively. Through increased openness, decreased litigation, and easier filing, the new framework seeks to adopt a...
![Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]](https://images.taxscan.in/h-upload/2025/12/24/500x300_2114627-understanding-shift-surcharge-rebate-marginal-relief-provisions-under-new-income-tax-old-vs-new-income-tax-act-series-.webp "Understanding Shift in Surcharge, Rebate, and Marginal Relief Provisions under New Income Tax [Old vs. New Income Tax Act Series - Article 5]")