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![Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111304-relief-anil-ambani-itat-deletes-addition-based-bup-id-says-internal-identifier-taxscan.webp "Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]")
Relief to Anil Ambani: ITAT deletes Addition based on BUP ID, Says it’s just Internal Identifier Not Bank A/c [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) held that Business Partner Identification Numbers (BUP ID)s were not bank account but...
![Anil Ambani Withdraws Urgent Hearing Petition in Income Tax Case after Bombay HC Slaps ₹25K Cost for creating ‘Artificial Urgency’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Anil-Ambani-case-Bombay-High-Court-Income-tax-notice-taxscan.jpg "Anil Ambani Withdraws Urgent Hearing Petition in Income Tax Case after Bombay HC Slaps ₹25K Cost for creating ‘Artificial Urgency’ [Read Order]")
![VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/VGA-Digital-Printers-Eligible-Bad-Debt-Reliance-Communications-ITAT-TAXSCAN.jpg "VGA Digital Printers Eligible for Deduction in respect of Bad Debt from Reliance Communications: ITAT [Read Order]")
NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]
The National Company Law Tribunal (NCLT)'s Mumbai bench has allowed State Bank of India (SBI) to initiate insolvency proceedings against Anil Ambani as a personal guarantor after two companies...
![NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/08/NCLT-insolvency-proceedings-Anil-Ambani-Taxscan.jpg "NCLT initiates Bankruptcy proceedings against Anil Ambani for Rs 1,200 Crore Defaults of RCom, RTIL [Read Order]")
‘ Consent Payment ’ made by Anil Ambani to SEBI a Business Expenditure u/s 37(1): ITAT [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) in the case of DCIT v. Shri Anil Dhirajlal Ambani while dismissing the appeal of the revenue held that the ‘ Consent Payment ’ made by the...
![‘ Consent Payment ’ made by Anil Ambani to SEBI a Business Expenditure u/s 37(1): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Consent-Payment-Anil-Ambani-Taxscan.jpg "‘ Consent Payment ’ made by Anil Ambani to SEBI a Business Expenditure u/s 37(1): ITAT [Read Order]")