![Telangana HC Upholds DRATs Cancellation of Auction: Petitioner’s Writ Fails Amid SARFAESI Rule Violations [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/500x300_2062490-sarfaesi-rule-taxscan.webp "Telangana HC Upholds DRATs Cancellation of Auction: Petitioner’s Writ Fails Amid SARFAESI Rule Violations [Read Order]")
Telangana HC Upholds DRAT's Cancellation of Auction: Petitioner’s Writ Fails Amid SARFAESI Rule Violations [Read Order]
The Telangana High Court has dismissed a writ petition filed by M/s Classic Chemicals Ltd., upholding the Debts Recovery Appellate Tribunal (DRAT)...
![Telangana HC Dismisses State Bank of Indias Writ Plea: Upholds Auction Invalidation Over SARFAESI Violations [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062480-sbi-taxscan.webp "Telangana HC Dismisses State Bank of Indias Writ Plea: Upholds Auction Invalidation Over SARFAESI Violations [Read Order]")
![Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]](https://images.taxscan.in/h-upload/2025/06/06/250x150_2041554-unexplained-cash-deposit-penalty-income-tax-act-taxscan.webp "Demonetization Period Cash Deposit: ITAT directs AO to Verify Source of ₹24L in SBI A/c [Read Order]")
![Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/Resolution-Plan-NCLAT-Approval-of-Resolution-Plan-taxscan.jpg "Approval of Resolution Plan Cannot be rejected solely based on Withdrawal of Consent by One of Coc Members: NCLAT [Read Order]")
ITAT Allows Section 80P Deduction for Kerala University Co-op Society's Bank Interest Income [Read Order]
The Income Tax Appellate Tribunal (ITAT) has ruled in favor of the Kerala University Employees Co-operative Society Ltd., granting it a deduction under Section 80P for interest income earned from...
![ITAT Allows Section 80P Deduction for Kerala University Co-op Societys Bank Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Interest-Income-site-img.jpg "ITAT Allows Section 80P Deduction for Kerala University Co-op Societys Bank Interest Income [Read Order]")
ITAT Partly Allows Assessee's Appeal, Directs Benefit of Rs.8 Lakhs for Unexplained Cash Deposits [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT), Ahmedabad, partly allowed the appeal filed by assessee, in relation to the unexplained cash deposits during the demonetization period for...
![ITAT Partly Allows Assessees Appeal, Directs Benefit of Rs.8 Lakhs for Unexplained Cash Deposits [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-Ahmedabad-Unexplained-Cash-Deposits-Section-69A-ITAT-Income-Tax-Appellate-Tribunal-Income-Tax-TAXSCAN.jpg "ITAT Partly Allows Assessees Appeal, Directs Benefit of Rs.8 Lakhs for Unexplained Cash Deposits [Read Order]")
Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) partly allowed the appeal filed by the assessee remitting the matter back to the Assessing Officer ( AO ) for verification of related...
![Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-Verification-of-Expenditure-Section-80P2ai-of-Income-Tax-Act-taxscan.jpg "Disallowance of Deduction for Interest from Nationalized Bank u/s 80P(2)(a)(i): ITAT Remits Matter for Verification of Expenditure [Read Order]")
Petition u/s 7 of IBC Has to be Decide first When Both Arbitration & Insolvency Petitions are Pending: NCLAT [Read Order]
The New Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the petition under section 7 of Insolvency Bankruptcy Code ( IBC ),2016 has to be decided first when both...
Creditors have Right To File For Bankruptcy Beyond Threshold Timeline u/s 118 Of IBC: NCLAT [Read Order]
The Chennai bench of the National Company Law Appellate Tribunal ( NCLAT ) dismissed appeals and held that the creditors have the right to file for bankruptcy beyond the threshold timeline under...
