Jharkhand HC Rejects ESL Steel’s ITC Claim Prior to the Approval of Resolution Plan by NCLT [Read Order]
The Jharkhand High Court rejected ESL Steel’s Input Tax Credit (ITC) claim prior to the approval of the resolution plan by the National Company Law...
![Reassessment Notice Issued to a Non-Existing Company Is Invalid: Karnataka HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Reassessment-Notice-Issued-Non-Existing-Company-Is-Invalid-Karnataka-HC-TAXSCAN.jpg "Reassessment Notice Issued to a Non-Existing Company Is Invalid: Karnataka HC [Read Order]")
Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the moratorium declared by National Company Law Tribunal, (NCLT) has an overriding effect on the tribunal in view of insolvency...
![Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Moratorium-Declared-by-NCLT-Insolvency-Bankruptcy-Code-Tribunal-ITAT-TAXSCAN.jpg "Moratorium Declared by NCLT in View of Insolvency & Bankruptcy Code has Overriding Effect on Tribunal: ITAT [Read Order]")
Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal (NCLAT) held that the resolution plan was not approvable due to non-compliance with provisions under section 29A(G) read with section...
![Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/non-compliance-of-provisions-Resolution-plan-IBC-NCLAT-taxscan-.jpg "Resolution plan Not Approvable due to non-compliance of provisions under Section 29A(G) read with Section 240 A of the IBC: NCLAT [Read Order]")
Telangana HC allows amalgamated company to file Income Tax Returns Manually in absence of order of Condonation of Delay by competent authority
A Division Bench of Telangana High Court quashed the order of the income tax authority disallowing the petitioner’s request to file returns manually The bench of Chief Justice Ujjal Bhuyan and...
Proceedings u/s 140(5) of Companies Act persist after Resignation of Auditors: Supreme Court upholds Constitutional Validity of Provision [Read Order]
Auditors play a very important role in the affairs of the company and therefore they have to act in the larger public interest.” Justice MR Shah & Justice M M Sundresh, Supreme Court of India ...
Disallowance of Availment of Cenvat credit of Service Tax: CESTAT directs to follow NCLT Order [Read Order]
In a case of disallowance of availment of cenvat creditof service tax, the Chennai bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) directed to follow the National Company...
![Disallowance of Availment of Cenvat credit of Service Tax: CESTAT directs to follow NCLT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Disallowance-Cenvat-credit-Service-Tax-CESTAT-NCLT-Order-TAXSCAN.jpg "Disallowance of Availment of Cenvat credit of Service Tax: CESTAT directs to follow NCLT Order [Read Order]")
Claims or Claim of any Debts cannot be recovered from Corporate Debtor Accruing Prior to Transfer Date: CESTAT Reiterates SC Decision [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), reiterated the Supreme Court decision, wherein it was held that Claims or claim of any debts cannot be...
![Claims or Claim of any Debts cannot be recovered from Corporate Debtor Accruing Prior to Transfer Date: CESTAT Reiterates SC Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Claims-Claim-Debts-Corporate-Debtor-Transfer-Date-CESTAT-Supreme-Court-Decision-Taxscan.jpg "Claims or Claim of any Debts cannot be recovered from Corporate Debtor Accruing Prior to Transfer Date: CESTAT Reiterates SC Decision [Read Order]")