![Principal-to-Principal Distribution between UK and Indian Entities Basis for ‘Nil’ TDS Certificate under DTAA: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/16/2125664-delhi-high-court-uk-india-dtaa-dtaa-india-uk-uk-and-indian-entities-tds-certificate-under-dtaa-delhi-high-court-on-nil-tds-under-dtaa-taxscan.webp "Principal-to-Principal Distribution between UK and Indian Entities Basis for ‘Nil’ TDS Certificate under DTAA: Delhi HC [Read Order]")
Principal-to-Principal Distribution between UK and Indian Entities Basis for ‘Nil’ TDS Certificate under DTAA: Delhi HC [Read Order]
The Delhi High Court recently held that principal-to-principal distribution arrangement between a UK company and its Indian entities can form the...
![Subsidy on Excise Duty is Capital Receipt, not Capital Investment: Delhi HC Holds No Nexus Between Excise Duty Paid & Cost of Machine [Read Order]](https://images.taxscan.in/h-upload/2026/02/16/2125648-subsidy-excise-duty-capital-receipt-capital-investment-delhi-hc-holds.webp "Subsidy on Excise Duty is Capital Receipt, not Capital Investment: Delhi HC Holds No Nexus Between Excise Duty Paid & Cost of Machine [Read Order]")
![Unsigned Stock Statement Plea Not Enough to Escape Addition when OD Benefit Undisputed: P&H HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/16/2125499-unsigned-stock-statement-plea-enough-escape-addition.webp "Unsigned Stock Statement Plea Not Enough to Escape Addition when OD Benefit Undisputed: P&H HC [Read Order]")
![Refund & Interest u/s 240 & 244A Must Be Paid Till Actual Date of Payment: Orissa HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/16/2125517-orissa-high-court-refund-interest-actual-date-of-payment-refund-till-payment-date-tax-refund-interest-ruling-orissa-high-court-tax-refund-ruling-taxscan.webp "Refund & Interest u/s 240 & 244A Must Be Paid Till Actual Date of Payment: Orissa HC [Read Order]")
US Imposed Additional 25% Duty on Select Indian Goods, Mexico Raised MFN Duties Up To 50%: Commerce Ministry in Lok Sabha.
The Ministry of Commerce and Industry confirmed that two of India's major trading partners, the United States and Mexico, have recently raised import duties on indian goods. Commerce Ministry told...
Failure to Pay Under Vivad Se Vishwas 2020 Revives Withdrawn Revision Petitions Automatically: J&K HC [Read Order]
In a recent ruling, the Jammu & Kashmir and Ladakh High Court held that if a taxpayer fails to make payment under the Vivad Se Vishwas Act, 2020, then the withdrawn revision petitions gets...
![Failure to Pay Under Vivad Se Vishwas 2020 Revives Withdrawn Revision Petitions Automatically: J&K HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/15/2125220-failure-to-pay-under-vivad-se-vishwas-withdrawn-revision-petitions-automatically-jk-hc-taxscan.webp "Failure to Pay Under Vivad Se Vishwas 2020 Revives Withdrawn Revision Petitions Automatically: J&K HC [Read Order]")
Assembling Parts Does Not Qualify as Manufacturing for MSME Benefits: Calcutta HC Upheld Panorama Electronics' Tender Rejection [Read Order]
In a recent ruling, the calcutta high court rule dthat merely assembling purchased parts does not amount to manufacturing for the purpose of availing MSME benefits. The writ petition was ...
![Assembling Parts Does Not Qualify as Manufacturing for MSME Benefits: Calcutta HC Upheld Panorama Electronics Tender Rejection [Read Order]](https://images.taxscan.in/h-upload/2026/02/15/2125200-assembling-parts-qualify-as-manufacturing-msme-benefits-calcutta-hc-panorama-electronics-tender-rejection-taxscan.webp "Assembling Parts Does Not Qualify as Manufacturing for MSME Benefits: Calcutta HC Upheld Panorama Electronics Tender Rejection [Read Order]")
RTI Cannot be used to Seek Creation of Non Existent Records: IBBI dismisses Appeal against CPIO Order
The Insolvency and Bankruptcy Board of India (IBBI) has held that the Right to Information Act, 2005 cannot be invoked to compel a public authority to create information or records that do not exist....
Moratorium Under IBC Does Not Prevent Contract Termination For Pre-Existing Defaults: NCLAT Rejects Liquidator’s Plea [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has held that the moratorium under the Insolvency and Bankruptcy Code, 2016 does not prohibit the termination of a contract where the termination...
![Moratorium Under IBC Does Not Prevent Contract Termination For Pre-Existing Defaults: NCLAT Rejects Liquidator’s Plea [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125100-moratorium-under-ibc-prevent-contract-termination-for-pre-existing-nclat-rejects-liquidators-plea-taxscan.webp "Moratorium Under IBC Does Not Prevent Contract Termination For Pre-Existing Defaults: NCLAT Rejects Liquidator’s Plea [Read Order]")
Madras HC Dismisses Department's Appeal on Tax Holiday Deduction Computation u/s 80IA and 80HHC [Read Order]
The Madras High Court has dismissed a tax appeal filed by the Revenue, holding that losses or depreciation already set off in earlier years cannot be notionally carried forward for the purpose of...
![Madras HC Dismisses Departments Appeal on Tax Holiday Deduction Computation u/s 80IA and 80HHC [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125066-madras-hc-dismisses-departments-appeal-tax-holiday-deduction-computation.webp "Madras HC Dismisses Departments Appeal on Tax Holiday Deduction Computation u/s 80IA and 80HHC [Read Order]")