![Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/29/500x300_2108735-operational-debt-taxscan.jfif "Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]")
Advance Payment for Scrap Sale Qualifies as Operational Debt u/s 5(21): NCLAT Upholds CIRP Admission [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has upheld the admission of a Section 9 petition against the...
![Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]](https://images.taxscan.in/h-upload/2025/12/06/250x150_2110495-tax-audit-report-taxscan.jfif "Delay in Filing Income Tax Audit Report by Trust: AP HC Condones Delay noting Covid-19 issues and Treasurer’s Advanced Age [Read Order]")
![ICAI Suspends CA for Simultaneously Holding Full-Time Job and Running Own Firm, Slaps ₹50k Fine [Read Order]](https://images.taxscan.in/h-upload/2025/12/03/250x150_2109779-icai-taxscan.webp "ICAI Suspends CA for Simultaneously Holding Full-Time Job and Running Own Firm, Slaps ₹50k Fine [Read Order]")
![Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/250x150_2099290-nclt-covid-19-technical-defences-taxscan.webp "Reason for Default Irrelevant: NCLT Admits Section 7 Petition Rejecting COVID-19 & Technical Defences [Read Order]")
![Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]](https://images.taxscan.in/h-upload/2025/10/21/250x150_2098825-section-7-ibc-petition-nclt-pre-covid-taxscan.webp "Section 7 IBC Petition for Rs. 6.49 Cr Admitted: NCLT Rejects Section 10A Bar as Default Occurred Pre-COVID and Imposes Moratorium [Read Order]")
Delay of 3 Years 5 Months for Filing Appeal: ITAT Condones Delay Citing Covid-19 and Principle of Substantial Justice [Read Order]
The Agra Bench of the Income Tax Appellate Tribunal (ITAT) condoned the delay of 3 years and 5 months in filing the first appeal and restored the matter to the Commissioner of Income-tax (Appeals) ...
![Delay of 3 Years 5 Months for Filing Appeal: ITAT Condones Delay Citing Covid-19 and Principle of Substantial Justice [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094915-2079282-condone-delay-nclat-documents-taxscan.webp "Delay of 3 Years 5 Months for Filing Appeal: ITAT Condones Delay Citing Covid-19 and Principle of Substantial Justice [Read Order]")
Appeal Filing Delayed by 729 days Due to Death of Counsel and illness: ITAT Condones Delay, Remands LTCG Addition to CIT for Fresh Adjudication [Read Order]
The Nagpur bench of Income Tax Appellate Tribunal (ITAT) condoned the delay of 729 days in filing the appeal, holding it to be bona fide and unintentional. The delay was caused by...
![Appeal Filing Delayed by 729 days Due to Death of Counsel and illness: ITAT Condones Delay, Remands LTCG Addition to CIT for Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094751-appeal-filing-delayed-itat-condones-delay-ltcg-cit-fresh-adjudication-taxscan.webp "Appeal Filing Delayed by 729 days Due to Death of Counsel and illness: ITAT Condones Delay, Remands LTCG Addition to CIT for Fresh Adjudication [Read Order]")
100 bed Requirement for Hospital’s Claim u/s 35AD(8): ITAT allows Deduction after Accepting Medical Director’s Certificate [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chennai Bench, has upheld the order of the Commissioner of Income Tax (Appeals) [CIT(A)] allowing a substantial deduction claimed by a hospital under...
![100 bed Requirement for Hospital’s Claim u/s 35AD(8): ITAT allows Deduction after Accepting Medical Director’s Certificate [Read Order]](https://images.taxscan.in/h-upload/2025/09/08/500x300_2084769-hospitals-claim-requirement-for-hospitals-claim-itat-taxscan.webp "100 bed Requirement for Hospital’s Claim u/s 35AD(8): ITAT allows Deduction after Accepting Medical Director’s Certificate [Read Order]")
Non-Intimation by Tax Practitioner Causes Appeal Delay: ITAT Condones 1249-Day Delay, Quashes Revision u/s 263 Initiated on AO's Proposal [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal ( ITAT ) has granted relief to a taxpayer by condoning a delay of 1,249 days in filing appeals for AY 2015-16, noting that part of the delay...
![Non-Intimation by Tax Practitioner Causes Appeal Delay: ITAT Condones 1249-Day Delay, Quashes Revision u/s 263 Initiated on AOs Proposal [Read Order]](https://images.taxscan.in/h-upload/2025/08/09/500x300_2074942-non-intimation-tax-practitioner-causes-appeal-delay-itat-condones-delay-quashes-revision-us-263-proposal-taxscan.webp "Non-Intimation by Tax Practitioner Causes Appeal Delay: ITAT Condones 1249-Day Delay, Quashes Revision u/s 263 Initiated on AOs Proposal [Read Order]")
![NCLT cannot Suo Moto Restore Name of Struck-Off Company under Companies Act: NCLT [Read Order]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074324-nclt-restore-name-struck-company-under-companies-act-nclt-taxscan.webp "NCLT cannot Suo Moto Restore Name of Struck-Off Company under Companies Act: NCLT [Read Order]")
ITC Reversal under CGST Act: Madras HC Quashes Recovery Order, Applies S. 16(5) for Extended Deadline [Read Order]
The Madras High Court has quashed a recovery order passed by the Deputy State Tax Officer and held that the claim for InputTax Credit ( ITC ) is covered under the amended provisions of Section 16(4)...
![ITC Reversal under CGST Act: Madras HC Quashes Recovery Order, Applies S. 16(5) for Extended Deadline [Read Order]](https://images.taxscan.in/h-upload/2025/07/23/500x300_2068079-madras-high-court-itc-reversal-cgst-act-taxscan.webp "ITC Reversal under CGST Act: Madras HC Quashes Recovery Order, Applies S. 16(5) for Extended Deadline [Read Order]")
No Longer Force Majeure! Madras HC quashes Notifications Extending Limitation u/s 168A of CGST Act [Read Order]
In a landmark judgment, the Madras High Court has struck down Notification Nos. 9/2023 and 56/2023, which extended the time limits for passing orders under Section 73 of the Central Goods and...
![No Longer Force Majeure! Madras HC quashes Notifications Extending Limitation u/s 168A of CGST Act [Read Order]](https://images.taxscan.in/h-upload/2025/07/11/500x300_2062685-force-majeure-madras-high-court-cgst-act-taxscan.webp "No Longer Force Majeure! Madras HC quashes Notifications Extending Limitation u/s 168A of CGST Act [Read Order]")