![Filing petition u/s 7 of IBC not barred by Majoritys Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/corporate-debtor-IBC-Filing-petition-of-IBC-taxscan.jpg "Filing petition u/s 7 of IBC not barred by Majoritys Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]")
Filing petition u/s 7 of IBC not barred by Majority's Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) New Delhi has held that a member may individually file for bankruptcy under Section 7 of the...
![“Where It Is Possible to Do So” Cannot Be a License to Delay: Delhi HC Slams CGST Dept for Keeping SCNs Pending Nearly a Decade [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Delhi-HC-CGST-SCN-taxscan.jpeg "“Where It Is Possible to Do So” Cannot Be a License to Delay: Delhi HC Slams CGST Dept for Keeping SCNs Pending Nearly a Decade [Read Order]")
![Sufficient Compliance of CCR complete on Reversal of Cenvat Credit on Common Input Services: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-CESTAT-Mumbai-CCR-Cenvat-Credit-Rules-Cenvat-Credit-Reversal-taxscan.jpg "Sufficient Compliance of CCR complete on Reversal of Cenvat Credit on Common Input Services: CESTAT [Read Order]")
![Relief to Virgin Atlantic Airways: CESTAT Quashes Interest on Passenger Service Fee and Airport Taxes [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-CESTAT-Delhi-Virgin-Atlantic-Airways-Airport-Taxes-Interest-on-Passenger-Service-Fee-TAXSCAN.jpg "Relief to Virgin Atlantic Airways: CESTAT Quashes Interest on Passenger Service Fee and Airport Taxes [Read Order]")
SCNs Must be Adjudicated Within Reasonable Time as Mandated u/s 73(4)(B) of Finance Act; Bombay High Court Upholds Principle of “Lex Dilationes Abhorret” [Read Order]
The High Court of Bombay has held that Show Cause Notices (SCNs) must be adjudicated by the proper officers within a reasonable time frame, as mandated by Section 73(4)(B) of the Finance Act. The...
Transfer of Technical Know-How falls under IPR Service & Liable to Service Tax only if IPR Registered under Indian Law: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chandigarh has held that the transfer of Technical Know-How falls under Intellectual Property Rights (IPR) service and shall be...
![Transfer of Technical Know-How falls under IPR Service & Liable to Service Tax only if IPR Registered under Indian Law: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Technical-Know-How-Transfer-of-Technical-Know-How-Transfer-Service-Liable-IPR-Service-Tax-IPR-Registered-under-Indian-Law-Indian-Law-CESTAT-taxscan.jpg "Transfer of Technical Know-How falls under IPR Service & Liable to Service Tax only if IPR Registered under Indian Law: CESTAT [Read Order]")
Suppression of Criminal Proceedings while applying for Valuer Registration: IBBI cancels Registration of RV [Read Order]
The Insolvency and Bankruptcy Board of India (IBBI) has recently cancelled the registration of a Registered Valuer (RV) for suppression of ongoing criminal proceedings against him while applying for...
Tax Evasion of Rs 2,250 Crore: DGGI sends SCNs for issuing Fake Invoices to Claim ITC without Providing any Service
The Directorate General of GST Intelligence (DGGI) has sent show cause notices to various Insurance intermediaries and aggregators across the country for issuing fake invoices to claim input tax...
![Relief to Vedanta Limited: CESTAT grants Cenvat Credit on Supplementary Invoices [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Vedanta-Limited-CESTAT-Cenvat-credit-supplementary-invoices-Cenvat-credit-on-supplementary-invoices-taxscan.jpg "Relief to Vedanta Limited: CESTAT grants Cenvat Credit on Supplementary Invoices [Read Order]")
Determination of DTA Sale Entitlement, ‘Deemed Export’ by the Assessee has to be Included: CESTAT [Read Order]
The Chennai bench of Customs, Excise & Service Tax Appellate Tribunal has held that determination of Domestic Tariff Area (DTA) sale entitlement, ‘deemed export’ by the assessee has to be...
![Determination of DTA Sale Entitlement, ‘Deemed Export’ by the Assessee has to be Included: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Determination-DTA-Sale-Entitlement-Deemed-Export-Assessee-CESTAT-Taxscan.jpg "Determination of DTA Sale Entitlement, ‘Deemed Export’ by the Assessee has to be Included: CESTAT [Read Order]")