![Hostel Use by Working-Class Tenants Constitutes Residential Occupancy: Madras HC Sets Aside Commercial Tax Demands [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104904-working-class-tenants-commercial-tax-demands-taxscan.webp "Hostel Use by Working-Class Tenants Constitutes Residential Occupancy: Madras HC Sets Aside Commercial Tax Demands [Read Order]")
Hostel Use by Working-Class Tenants Constitutes Residential Occupancy: Madras HC Sets Aside Commercial Tax Demands [Read Order]
In a significant ruling, the Madras High Court quashed multiple property tax demand notices issued by municipal authorities in Coimbatore and...
![Failure to Opt u/s 115BAA and File Form 10‑IC Bars Concessional Tax: Supreme Court upholds Delhi HC Order Against Appellant [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/250x150_2105901-supreme-court-upholds-delhi-hc-order-against-appellant-taxscan.webp "Failure to Opt u/s 115BAA and File Form 10‑IC Bars Concessional Tax: Supreme Court upholds Delhi HC Order Against Appellant [Read Order]")
![Delhi HC Denies Anticipatory Bail in ₹2.4 Cr Foreign Cigarette Smuggling Case: SC Admits SLP Challenging Rejection [Read Order]](https://images.taxscan.in/h-upload/2025/11/17/250x150_2105957-foreign-cigarette-smuggling-case-taxscan.webp "Delhi HC Denies Anticipatory Bail in ₹2.4 Cr Foreign Cigarette Smuggling Case: SC Admits SLP Challenging Rejection [Read Order]")
![Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/250x150_2105132-drat-sarfaesi-punjab-and-sind-bank-taxscan.webp "Equitable Mortgage Requires Original Title Deeds, Not Copies: DRAT Upholds CSB’s Prior Charge, Sets Aside Punjab & Sind Bank’s SARFAESI Sale [Read Order]")
DRAT Directs Expedited Disposal of Securitization Application, Maintain Status Quo Pending Deposit by Appellant in appeal against Canara Bank [Read Order]
The Debts Recovery Appellate Tribunal ( DRAT ), Chennai, has directed the expeditious disposal of the securitization application filed against Canara Bank, while maintaining the existing status quo...
![DRAT Directs Expedited Disposal of Securitization Application, Maintain Status Quo Pending Deposit by Appellant in appeal against Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105096-drat-securitization-application-canara-bank-taxscan.webp "DRAT Directs Expedited Disposal of Securitization Application, Maintain Status Quo Pending Deposit by Appellant in appeal against Canara Bank [Read Order]")
Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]
The Supreme Court of India recently admitted an appeal filed by the Income Tax Department, challenging a Bombay High Court ruling that held excessive share premium receipts were ‘capital’ in...
![Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104921-share-premium-capital-income-taxscan.webp "Is Excessive Share Premium a Capital Receipt or Income? Supreme Court to determine Taxability of ₹679 Cr [Read Order]")
Mere Ownership of Agricultural Land Insufficient to Prove Agri Income: ITAT Upholds 50% Addition as Unexplained u/s 68 [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal (ITAT) dismissed the appeals for Assessment Years (AY) 2018-19 and 2019-20, upholding the addition of 50% of the agricultural income as...
![Mere Ownership of Agricultural Land Insufficient to Prove Agri Income: ITAT Upholds 50% Addition as Unexplained u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2025/11/13/500x300_2104840-agri-income-itat-addition-taxscan.webp "Mere Ownership of Agricultural Land Insufficient to Prove Agri Income: ITAT Upholds 50% Addition as Unexplained u/s 68 [Read Order]")
![BCI Notifies Rules for Foreign-National Advocates to Enrol and Practice Law in India [Read Notification]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105478-bci-foreign-national-advocates-practice-law-in-india-taxscan.webp "BCI Notifies Rules for Foreign-National Advocates to Enrol and Practice Law in India [Read Notification]")
Bribe Money Repayment not Legally enforceable Debt/Liability: Madras HC upholds Acquittal in S. 138 Cheque Bounce Case [Read Order]
The Madurai Bench of the Madras High Court (Madras HC) has upheld the acquittal of the accused in a cheque bounce case under Section 138 of the Negotiable Instruments Act, 1881 (NI Act), holding...
![Bribe Money Repayment not Legally enforceable Debt/Liability: Madras HC upholds Acquittal in S. 138 Cheque Bounce Case [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105456-money-repayment-legally-enforceable-debt-madras-hc-cheque-bounce-case-taxscan.webp "Bribe Money Repayment not Legally enforceable Debt/Liability: Madras HC upholds Acquittal in S. 138 Cheque Bounce Case [Read Order]")
Private Placement Violation: MCA imposes Lesser Penalty on DPIIT-Start-up for Not Disclosing Identified Persons in Shareholders Resolution [Read Order]
The Ministry of Corporate Affairs ( MCA ) has imposed a reduced penalty on a DPIIT-recognised start-up, for violating private placement norms by failing to disclose the identified persons in the...
![Private Placement Violation: MCA imposes Lesser Penalty on DPIIT-Start-up for Not Disclosing Identified Persons in Shareholders Resolution [Read Order]](https://images.taxscan.in/h-upload/2025/11/15/500x300_2105440-mca-private-placement-violation-shareholders-resolution-taxscan.webp "Private Placement Violation: MCA imposes Lesser Penalty on DPIIT-Start-up for Not Disclosing Identified Persons in Shareholders Resolution [Read Order]")