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NCLT directs Liquidator to Re-Conduct Bidding as Private Sale conducted in Non-Transparent Manner
The Indore Bench of the National Company Law Tribunal ( NCLT ) directed the liquidator to re-conduct bidding as private sale conducted in...
![Date of Default of Corporate Guarantor is Independent of Principal Borrowers Date of Default: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/NCLT-NCLT-Mumbai-Corporate-Guarantor-Date-of-loan-agreements-Borrower-Principal-Borrower-TAXSCAN.jpg "Date of Default of Corporate Guarantor is Independent of Principal Borrowers Date of Default: NCLT [Read Order]")
![Foreign Exchange Loss cannot be Included in Cost of Project: ITAT directs to allow a Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Foreign-Exchange-Loss-Cost-of-Project-ITAT-Deduction-TAXSCAN.jpg "Foreign Exchange Loss cannot be Included in Cost of Project: ITAT directs to allow a Deduction [Read Order]")
Claim of 50 % Depreciation on Sample Flat used for less than 180 Days is Allowable: ITAT deletes Disallowance [Read Order]
The Income Tax Appellate Tribunal (ITAT) observed that the claim of 50 % depreciation on a sample flat used for less than 180 days is allowable and deleted the disallowance. It was found that the...
![Claim of 50 % Depreciation on Sample Flat used for less than 180 Days is Allowable: ITAT deletes Disallowance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Claim-of-50-Depreciation-Sample-Flat-ITAT-Disallowance-TAXSAN.jpg "Claim of 50 % Depreciation on Sample Flat used for less than 180 Days is Allowable: ITAT deletes Disallowance [Read Order]")
NCLAT cannot Direct NCLT to Admit Petition u/7 of IBC without Evaluating Rival Contentions on Merits: SC [Read Order]
In a recent decision the Supreme Court of India ruled that the National Company Law Appellate Tribunal (NCLAT) cannot direct the National Company Law Tribunal (NCLT) to admit petition under Section 7...
![CESTAT Annual Case Digest [Part-16]](https://www.taxscan.in/wp-content/uploads/2024/01/CESTAT-Annual-Case-Digest-Part-16-TAXSCAN-1.jpg "CESTAT Annual Case Digest [Part-16]")
No proceedings shall be initiated, when NCLT granted moratorium against CD u/s 14 of IBC: ITAT dismisses Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench held that no proceedings should be initiated when the National Company Law Tribunal (NCLT) granted a moratorium against corporate debtors under...
![No proceedings shall be initiated, when NCLT granted moratorium against CD u/s 14 of IBC: ITAT dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/No-proceedings-NCLT-moratorium-CD-IBC-ITAT-Appeal-TAXSCAN.jpg "No proceedings shall be initiated, when NCLT granted moratorium against CD u/s 14 of IBC: ITAT dismisses Appeal [Read Order]")
