![Karnataka HC Rejects HDFC’s Claim to Arbitral Award for Refunding ₹19L Security Deposit due to Limitation [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111331-karnataka-hc-rejects-hdfcs-claim-arbitral-award-refunding-19l-security-deposit-due-limitation-taxscan.webp "Karnataka HC Rejects HDFC’s Claim to Arbitral Award for Refunding ₹19L Security Deposit due to Limitation [Read Order]")
Karnataka HC Rejects HDFC’s Claim to Arbitral Award for Refunding ₹19L Security Deposit due to Limitation [Read Order]
The Karnataka HighCourt recently set aside an arbitral award that had directed the appellant to refund a security deposit of ₹19,30,000 to HDFC Bank...
![Defective Affidavit in Section 7 Application should not Lead to Automatic Rejection: Supreme Court allows HDFC to cure defects [Read Judgement]](https://images.taxscan.in/h-upload/2025/12/05/250x150_2110275-supreme-court-hdfc-taxscan.webp "Defective Affidavit in Section 7 Application should not Lead to Automatic Rejection: Supreme Court allows HDFC to cure defects [Read Judgement]")
![NCLAT Dismisses Appeal, Grants Liberty to Seek Withdrawal of CIRP Under Section 12A; CoC Constitution Deferred for Two Weeks [Read Order]](https://images.taxscan.in/h-upload/2025/07/29/250x150_2070453-download-nclat-dismisses-appeal-grants-liberty-to-seek-withdrawal-of-cirp-under-section-12a-coc-constitution-deferred-for-two-weeks.webp "NCLAT Dismisses Appeal, Grants Liberty to Seek Withdrawal of CIRP Under Section 12A; CoC Constitution Deferred for Two Weeks [Read Order]")
![AO Must Record Proper Satisfaction Regarding Incorrectness of Taxpayers claim before Invoking Income Tax Rule 8D: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-AO-Income-Tax-Income-Tax-Rule-Assessing-Officer-Income-Tax-Appellate-Tribunal-taxpayer-taxpayers-claim-taxscan.webp "AO Must Record Proper Satisfaction Regarding Incorrectness of Taxpayers claim before Invoking Income Tax Rule 8D: ITAT [Read Order]")
Suspicion and Conjecture cannot form a basis for triggering Reassessment Proceedings: Delhi HC quashes Impugned Notice issued u/s 148 [Read Order]
The Delhi High Court has quashed the impugned notice under Section 148 of the Income Tax Act, 1961, and held that the suspicion and conjecture cannot form a basis for triggering the reassessment...
Rectified Partnership Deed cannot be Invalid when Stamp Paper was issued on Prior Date: ITAT directs AO Verification of Rectified Deed [Read Order]
The Allahabad Bench of Income Tax Appellate Tribunal (ITAT) has directed the Assessing Officer (AO) verification of rectified deed holding that the rectified partnership deed could not be invalid...
![Rectified Partnership Deed cannot be Invalid when Stamp Paper was issued on Prior Date: ITAT directs AO Verification of Rectified Deed [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Rectified-Partnership-Deed-Invalid-when-Stamp-Paper-was-issued-on-Prior-Date-ITAT-directs-AO-Verification-of-Rectified-Deed-TAXSCAN.jpg "Rectified Partnership Deed cannot be Invalid when Stamp Paper was issued on Prior Date: ITAT directs AO Verification of Rectified Deed [Read Order]")
Central Govt to Reconsider allowing Listing of Domestic Companies in Overseas/ Foreign Exchanges Directly, Says Finance Ministry
The Central Government is reconsidering allowing the listing of domestic companies in foreign exchanges directly, says the Union Finance Minister Nirmala Sitharaman on friday. The Minister was...
Income Tax Addition for Cash Deposits not valid when Certificates from the Bank denies the existence of Bank Accounts: ITAT [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that Income Tax Addition for Cash deposits is not valid when certificates from the Bank denies the existence of Bank accounts....
![Income Tax Addition for Cash Deposits not valid when Certificates from the Bank denies the existence of Bank Accounts: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Income-Tax-Addition-Cash-Deposits-Certificates-Bank-Accounts-ITAT-TAXSCAN.jpg "Income Tax Addition for Cash Deposits not valid when Certificates from the Bank denies the existence of Bank Accounts: ITAT [Read Order]")