![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]")
Advance Payments made by Receiver of Goods is also an Operational Creditor: NCLT [Read Order]
The National Company Law Tribunal (NCLT), Chandigarh bench held that the receiver of goods who has made advance payments for the goods purchased is...
![No Income Tax Deduction for Penalty Settlements Under 4 Key Laws: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-Tax-Deduction-CBDT-Income-Tax-taxscan-1.jpg "No Income Tax Deduction for Penalty Settlements Under 4 Key Laws: CBDT [Read Notification]")
![Income Tax Bill 2025: Proposed Changes in Salary, Pension, and Gratuity Deductions [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/02/Income-Tax-Bill-2025-Gratuity-Deductions-Pension-taxscan.jpg "Income Tax Bill 2025: Proposed Changes in Salary, Pension, and Gratuity Deductions [Read Bill]")
India’s G-20 Presidency called for Framework for Handling Issues Relating to Crypto-assets, says Union Finance Minister
The Union Minister of Finance Smt. Nirmala Sitharaman, during the Inaugural speech at Global Fintech Fest (GFF) held in Mumbai on 5th September 2023 said that India's G-20 presidency called for the...
Mere observation that Payments Cannot be Verified cannot be a grounds to deny a Claim of Customs Duty Refund: CESTAT [Read Order]
The Chennai bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that mere observation that payments cannot be verified cannot be a ground to deny the claim of customs duty...
![Mere observation that Payments Cannot be Verified cannot be a grounds to deny a Claim of Customs Duty Refund: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Payments-observation-Claim-Customs-Duty-Refund-Customs-Duty-Refund-Claim-of-Customs-Duty-Refund-CESTAT-Taxscan.jpg "Mere observation that Payments Cannot be Verified cannot be a grounds to deny a Claim of Customs Duty Refund: CESTAT [Read Order]")
Indexation Benefit against Cost of Acquisition shall be Available based on the Index of the Year in which Payments Actually Made: ITAT [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the indexation benefit against cost of acquisition should be available based on the index of the year in which payments actually...
![Indexation Benefit against Cost of Acquisition shall be Available based on the Index of the Year in which Payments Actually Made: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Indexation-Benefit-Cost-Acquisition-Index-Year-Payments-ITAT-TAXSCAN.jpg "Indexation Benefit against Cost of Acquisition shall be Available based on the Index of the Year in which Payments Actually Made: ITAT [Read Order]")
MCA says to Pause Final Payments in Form Filing as Bharatkosh Payment Services are currently under maintenance
The Ministry of Corporate Affairs (MCA) requested the form filers to wait for making final payments in the form filing. The ministry has reported that the Bharatkosh Payment Services are currently...
GST Amount not Reflecting in GSTR-2A on Non-Uploading of Invoices: Jharkhand HC stays Estern Coalfields from Deducting Amounts from Invoices [Read Order]
The Jharkhand High Court stayed Estern Coalfields, the respondent from deducting amounts from invoices on the ground that GST amount not reflecting in GSTR-2A on non-uploading of invoices. The...
![GST Amount not Reflecting in GSTR-2A on Non-Uploading of Invoices: Jharkhand HC stays Estern Coalfields from Deducting Amounts from Invoices [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/GST-Appellate-Tribunal-Orissa-HC-Tax-Demand-Deposit-Tax-Amount-TAXSCAN.jpg "GST Amount not Reflecting in GSTR-2A on Non-Uploading of Invoices: Jharkhand HC stays Estern Coalfields from Deducting Amounts from Invoices [Read Order]")