Solony Padhi
![Approval Of Resolution Plan By NCLAT Bars Continuation Of Revenue’s Service Tax Appeal: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125150-approval-of-resolution-plan-by-nclat-bars-continuation-of-revenues-service-tax-appeal-cestat.webp "Approval Of Resolution Plan By NCLAT Bars Continuation Of Revenue’s Service Tax Appeal: CESTAT [Read Order]")
Approval Of Resolution Plan By NCLAT Bars Continuation Of Revenue’s Service Tax Appeal: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai Bench, has held that a Service Tax Appellant by the Revenue cannot continue...
![RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]](https://images.taxscan.in/h-upload/2026/02/14/2125140-rti-queries-seeking-confirmation-of-right-person-for-cirp-payments-not-covered-us-2f-ibbi.webp "RTI Queries Seeking Confirmation of Right Person for CIRP Payments Not Covered u/s 2(f): IBBI [Read Notification]")
![Power Charges Provision Based On Actual Bills Not A Contingent Liability: ITAT Rejects CPC Disallowance u/s 143(1) [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125134-power-charges-provision-based-actual-bills-contingent-liability-itat-rejects-cpc.webp "Power Charges Provision Based On Actual Bills Not A Contingent Liability: ITAT Rejects CPC Disallowance u/s 143(1) [Read Order]")
![LTCG From Share Sale cannot Be Treated as Unexplained Income u/s 68: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125131-ltcg-from-share-sale-treated-as-unexplained-income-us-68-itat-taxscan.webp "LTCG From Share Sale cannot Be Treated as Unexplained Income u/s 68: ITAT [Read Order]")
Gift From Mother out of FD Maturity Cannot Be Treated As Unexplained Investment: ITAT Deletes ₹1.75 Cr Addition u/s 69 [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal has held that the amount received as a gift from the mother from the maturity of fixed deposits cannot be regarded as unexplained investment...
![Gift From Mother out of FD Maturity Cannot Be Treated As Unexplained Investment: ITAT Deletes ₹1.75 Cr Addition u/s 69 [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125121-gift-from-mother-fd-maturity-treated-as-unexplained-investment-itat-addition-us-69-taxscan.webp "Gift From Mother out of FD Maturity Cannot Be Treated As Unexplained Investment: ITAT Deletes ₹1.75 Cr Addition u/s 69 [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....
Capital Gains on Jointly Owned Property cannot be Taxed In Hands of One Co-Owner: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that the capital gains arising from the sale of jointly owned property cannot be assessed in its entirety in the hands of one of...
![Capital Gains on Jointly Owned Property cannot be Taxed In Hands of One Co-Owner: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125118-capital-gains-jointly-property-cannot-taxed-hands-one-co-owner-itat-taxscan.webp "Capital Gains on Jointly Owned Property cannot be Taxed In Hands of One Co-Owner: ITAT [Read Order]")
Depreciation On Goodwill allowable Where Excess Consideration Paid For Business Acquisition: ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that depreciation can be claimed on the goodwill that arises as a result of a business acquisition where the consideration paid...
![Depreciation On Goodwill allowable Where Excess Consideration Paid For Business Acquisition: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/14/2125106-itat-held-that-surplus-consideration-over-asset-value-represents-goodwill-eligible-depreciation-income-tax-act-taxscan.webp "Depreciation On Goodwill allowable Where Excess Consideration Paid For Business Acquisition: ITAT [Read Order]")
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]")
Physical Verification Confirms Business Operating From Declared Premises: Delhi HC sets aside GST Cancellation As Non Existent [Read Order]
The Delhi High Court has observed that refusal to grant GST registration or refusal to cancel the same by not allowing restoration of GST registration cannot be based solely on the ground that the...
![Physical Verification Confirms Business Operating From Declared Premises: Delhi HC sets aside GST Cancellation As Non Existent [Read Order]](https://images.taxscan.in/h-upload/2026/02/11/2124636-physical-verification-confirms-business-operating-from-declared-premises-delhi-hc-sets-aside-gst-cancellation-as-non-existent.webp "Physical Verification Confirms Business Operating From Declared Premises: Delhi HC sets aside GST Cancellation As Non Existent [Read Order]")
RFN Number Alone Satisfies Authentication Requirement, DIN/Physical Signature Not Essential: AP HC [Read Order]
The Andhra Pradesh High Court clarifies that system-generated RFN ensures valid GST authentication, rejecting challenges based on absence of DIN or physical signature.The Andhra Pradesh High Court has...
![RFN Number Alone Satisfies Authentication Requirement, DIN/Physical Signature Not Essential: AP HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/10/2124495-rfn-number-alone-satisfies-authentication-requirement.webp "RFN Number Alone Satisfies Authentication Requirement, DIN/Physical Signature Not Essential: AP HC [Read Order]")