![Registrar is not in a position to take a decision When removal of Director is pending consideration before NCLT: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2072101-registrar-is-not-in-a-position-to-take-a-decision-position-to-take-a-decision-taqxscan.webp "Registrar is not in a position to take a decision When removal of Director is pending consideration before NCLT: Calcutta HC [Read Order]")
Registrar is not in a position to take a decision When removal of Director is pending consideration before NCLT: Calcutta HC [Read Order]
The Calcutta High Court has held that the registrar is not in a position to take a decision When removal of Director is pending consideration before...
![SEBI Clarifies Minimum Information to be provided to Audit Committee and Shareholders for Approval of Related Party Transactions [Read Circular]](https://images.taxscan.in/h-upload/2025/07/19/250x150_2065615-2055771-sebi-stock-exchange-sebi-amends-stock-exchange-taxscan-2-1-1.webp "SEBI Clarifies Minimum Information to be provided to Audit Committee and Shareholders for Approval of Related Party Transactions [Read Circular]")
![What Roles Do NCLT and NCLAT Play Under the Companies Act, 2013? [Read Order]](https://images.taxscan.in/h-upload/2025/06/23/250x150_2053050-what-roles-do-nclt-and-nclat-nclt-nclat-play-under-the-companies-act-20213-taxscan.webp "What Roles Do NCLT and NCLAT Play Under the Companies Act, 2013? [Read Order]")
Genuineness of small-time Investments: ITAT directs AO to delete Additions of Rs.22,02,620/- [Read Order]
In a recent decision by the Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ), the question of the genuineness of investments made by small-time investors in a limited company was addressed....
![Genuineness of small-time Investments: ITAT directs AO to delete Additions of Rs.22,02,620/- [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Delhi-small-time-Investments-Assessing-Officer-small-time-investors-taxscan.jpg "Genuineness of small-time Investments: ITAT directs AO to delete Additions of Rs.22,02,620/- [Read Order]")
Deemed Dividends u/s 2(22)(e) of the Act Taxed only in Shareholders' Hands: Calcutta High Court upholds ITAT Decision [Read Order]
In the recent case, the High Court Of Calcutta, upholding the Income Tax Appellate Tribunal’s ( ITAT ) decision that deemed dividends under Section 2(22)(e) of the Income Tax Act,1961 can only be...
![Deemed Dividends u/s 2(22)(e) of the Act Taxed only in Shareholders Hands: Calcutta High Court upholds ITAT Decision [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Calcutta-High-Court-ITAT-Calcutta-High-Court-upholds-ITAT-Decision-Shareholders-Taxscan.jpg "Deemed Dividends u/s 2(22)(e) of the Act Taxed only in Shareholders Hands: Calcutta High Court upholds ITAT Decision [Read Order]")
Bonus of Equity Shareholders not Covered under S.2(22)(b) of Income Tax Act, not Taxable as “Other Income” u/s 56(2): ITAT [Read Order]
Concerning the latest case, the Chennai bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal made by the assessee as the tribunal agreed to the findings made by the Commissioner...
![Bonus of Equity Shareholders not Covered under S.2(22)(b) of Income Tax Act, not Taxable as “Other Income” u/s 56(2): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-ITAT-Chennai-Income-tax-Equity-Shareholders-Section-222b-Income-Tax-Act-Bonus-Of-Equity-Shareholders-taxscan.jpg "Bonus of Equity Shareholders not Covered under S.2(22)(b) of Income Tax Act, not Taxable as “Other Income” u/s 56(2): ITAT [Read Order]")
Scheme of Arrangement on Demerger of Hotel by ITC: NCLT directs by to Convene Meeting of Shareholders on June 6 [Read Order]
The National Company Law Tribunal ( NCLT ) has directed the ITC company to convene a meeting of shareholders on June 6, 2024 to consider and approve the proposed demerger of its hotel business. ...
Holding-Subsidiary Transaction Excludes S. 56(2) (viib) Taxation in Absence of any Benefit Occurring to any Outsider: ITAT deletes Addition [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has deleted the addition made, as the holding-subsidiary transaction does not attract taxation under Section 56(2)(viib) of the Income Tax...
![Holding-Subsidiary Transaction Excludes S. 56(2) (viib) Taxation in Absence of any Benefit Occurring to any Outsider: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/Holding-Subsidiary-Transaction-Taxation-ITAT-deletes-Addition-ITAT-taxscan.jpg "Holding-Subsidiary Transaction Excludes S. 56(2) (viib) Taxation in Absence of any Benefit Occurring to any Outsider: ITAT deletes Addition [Read Order]")
Section 2(22) of Income Tax Act cannot be invoked against Non-Beneficiary Shareholders in company receiving Company Loans: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal ( ITAT ) ruled that Section 2 (22) of Income Tax cannot be invoked against Non-Beneficiary Shareholders in company receiving Company Loans. ...
![Section 2(22) of Income Tax Act cannot be invoked against Non-Beneficiary Shareholders in company receiving Company Loans: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Kolkata-Income-tax-Company-Loans-Shareholders-TAXSCAN.jpg "Section 2(22) of Income Tax Act cannot be invoked against Non-Beneficiary Shareholders in company receiving Company Loans: ITAT [Read Order]")