Delay Understandable when Advocate Dies’: Calcutta HC Condones Late GST Appeal Filing, Says Parties Need Time to Engage New Advocate [Read Order]
In the recent ruling, the Calcutta HC condoned the Goods and Service Tax (GST) appeal caused by the sudden illness and death of the petitioner’s...
![Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102690-partial-loan-insolvency-plea-nclat-axis-banks-partial-loan-disbursement-taxscan.webp "Partial Loan Disbursement Not a Valid Ground to Reject Insolvency Plea: NCLAT Upholds Axis Bank’s Section 7 Admission [Read Order]")
![Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/11/05/250x150_2102454-benefit-bifr-scheme-approval-of-resolution-plan-under-ibc-nclat-axis-bank-ltd-taxscan.webp "Benefit under BIFR Scheme cannot be Claimed after Approval of Resolution Plan under IBC: NCLAT rules in favour of Axis Bank Ltd [Read Order]")
SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]
The Delhi High Court recently held that provisions of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act, 1989 (SC/ST Act) cannot be invoked to frustrate a bank’s lawful...
![SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/10/23/500x300_2099435-sarfaesi-delhi-high-court-sc-st-provisions-taxscan.webp "SC/ST Provisions cannot be Invoked to Obstruct Banks’ Lawful Security Interest & Mortgage Rights u/ SARFAESI: Delhi HC [Read Order]")
RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]
The Reserve Bank of India on October 7, 2025, launched a pilot linking the Clearcorp Dealing Systems (India) Ltd.’s FX-Retail platform with the Bharat Bill Payment System (Bharat Connect).Also...
![RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]](https://images.taxscan.in/h-upload/2025/10/08/500x300_2094831-bharat-connect-taxscan.webp "RBI Enables Retail Access to FX-Retail Platform via Bharat Connect: Pilot Launched with Axis, SBI, ICICI, Federal & Yes Bank [Read Press Release]")
ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AO's Reliance on Unverified STR Information [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) upheld the deletion of an addition of Rs. 11,73,52,801 made by the Assessing Officer (AO) as unexplained cash credits under Section 68 and...
![ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]](https://images.taxscan.in/h-upload/2025/07/19/500x300_2065627-itat-itat-upholds-deletion-unexplained-cash-credit-cash-credit-addition-citing-aos-reliance-taxscan.webp "ITAT Upholds Deletion of ₹11.73 Cr Unexplained Cash Credit Addition Citing AOs Reliance on Unverified STR Information [Read Order]")