![Absence of Formal Demand Notice for Property Tax Does not Let off Assessees Obligation to Pay: Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041791-demand-notice-property-tax-kerala-high-court-taxscan.webp "Absence of Formal Demand Notice for Property Tax Does not Let off Assessees Obligation to Pay: Kerala HC [Read Order]")
Absence of Formal Demand Notice for Property Tax Does not Let off Assessee's Obligation to Pay: Kerala HC [Read Order]
The Kerala High Court ruled that the assessee is still obligated to pay property taxes even if there isn't a formal demand notice for them while the...
![Advance Payments made by Receiver of Goods is also an Operational Creditor: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/NCLT-Operational-Creditor-Advance-Payments-taxscan.jpg "Advance Payments made by Receiver of Goods is also an Operational Creditor: NCLT [Read Order]")
![Stamping of Invoices Does Not Imply Acceptance of Debt: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/GST-Portal-releases-Detailed-Advisory-GST-Portal-Detailed-Advisory-GST-Time-Limit-of-Reporting-Invoices-on-IRP-Portal-Invoices-on-IRP-Portal-taxscan.jpg "Stamping of Invoices Does Not Imply Acceptance of Debt: NCLAT [Read Order]")
![Revised Property Tax for Past 3 Years to be paid by Building Owners Liable after Adjusting Already Paid Amount: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Revised-Property-Building-Owners-Liable-Adjusting-Paid-Amount-Kerala-HC-taxscan.jpg "Revised Property Tax for Past 3 Years to be paid by Building Owners Liable after Adjusting Already Paid Amount: Kerala HC [Read Order]")
Relief to Castrol India Ltd, Withholding Tax Refunds beyond Prescribed Period without Any Justification Violates S. 55 of JVAT Act: Jharkhand HC [Read Order]
In a ruling in favour of Catrol India Ltd, the Jharkhand High Court ruled that when tax refunds are withheld past the legally mandated time frame without sufficient explanation, Section 55 of the...
![Relief to Castrol India Ltd, Withholding Tax Refunds beyond Prescribed Period without Any Justification Violates S. 55 of JVAT Act: Jharkhand HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-14-at-1.06.08-PM.jpeg "Relief to Castrol India Ltd, Withholding Tax Refunds beyond Prescribed Period without Any Justification Violates S. 55 of JVAT Act: Jharkhand HC [Read Order]")
Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]
The National Company Law Tribunal ( NCLT ) Mumbai has held that the payment received in advance by the Corporate Debtor for the future supply of goods constitutes an operational debt. Read More:...
![Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-NCLT-Advance-Payment-taxscan.jpg "Advance Payment Received by Corporate Debtor for Future Supply of Goods is Operational Debt Under IBC: NCLT [Read Order]")
Any Default Falling Within Section 10-A of IBC Must be Excluded from Total Outstanding Debt: NCLT [Read Order]
In a recent case, the Hyderabad bench of the National Company Law Tribunal ( NCLT ) while dismissing the petition under section 9 of Insolvency Bankruptcy Code ( IBC ), 2016, held that the...
![Any Default Falling Within Section 10-A of IBC Must be Excluded from Total Outstanding Debt: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Debt-NCLT-IBC-taxscan.jpg "Any Default Falling Within Section 10-A of IBC Must be Excluded from Total Outstanding Debt: NCLT [Read Order]")
Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT) New Delhi bench has ruled that a Notice served to the personal guarantor under Rule 7 of the Insolvency and Bankruptcy (Application to Adjudicating...
![Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Issuance-of-Demand-Notice-Demand-Notice-Demand-Notice-to-Personal-Guarantor-Personal-Guarantor-Personal-Guarantors-Rules-NCLAT-taxscan.jpg "Issuance of Demand Notice to Personal Guarantor u/r 7 of Personal Guarantors Rules not Amounts to Invocation of Guarantee: NCLAT [Read Order]")
![No Service Tax on Installation Charges on Machinery Imported under EPCG Scheme: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CESTAT-EPCG-Scheme-Installation-Charges-taxscan.jpg "No Service Tax on Installation Charges on Machinery Imported under EPCG Scheme: CESTAT [Read Order]")
Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal (NCLAT) has held that remaining amount of claim show existence of default amount and upheld the order confirming the appointment of...
![Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Remaining-amount-claim-show-Existence-claim-show-Default-Amount-NCLAT-upholds-NCLAT-NCLAT-upholds-Appointment-NCLAT-upholds-Appointment-of-RP-taxscan.jpg "Remaining amount of claim show Existence of Default Amount: NCLAT upholds Appointment of RP [Read Order]")