![Interest on Enhanced Land Acquisition Compensation Taxable as Income from Other Sources Post-2010 Amendment: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/2116009-income-from-other-sources-post-2010-amendment-itat-taxscan.webp "Interest on Enhanced Land Acquisition Compensation Taxable as Income from Other Sources Post-2010 Amendment: ITAT [Read Order]")
Interest on Enhanced Land Acquisition Compensation Taxable as 'Income from Other Sources' Post-2010 Amendment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi, held that interest received on enhanced compensation under Section 28 of the Land Acquisition...
![Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part XXIV]](https://images.taxscan.in/h-upload/2025/12/24/2114606-annual-tax-digest-2025-high-court-cases-part-xxiv.webp "Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part XXIV]")
![SEZ Entry Tax Issue Pending Before SC: Calcutta HC Refuses to Give Direction to Issue Clarificatory Circular [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115321-sez-entry-tax-issue-supreme-court-calcutta-hc-clarificatory-circular-special-econmic-zone-taxscan.webp "SEZ Entry Tax Issue Pending Before SC: Calcutta HC Refuses to Give Direction to Issue Clarificatory Circular [Read Order]")
₹84 Crore Released to NSEL Settlement Account: Bombay HC Quashes 2015 Proceedings Against 63 Moons [Read Order]
The Bombay High Court has permitted the transfer of ₹84 crore along with accrued interest lying in court deposit to the Settlement Account created under a Scheme of Arrangement approved by the...
![₹84 Crore Released to NSEL Settlement Account: Bombay HC Quashes 2015 Proceedings Against 63 Moons [Read Order]](https://images.taxscan.in/h-upload/2025/12/27/2115316-2015-proceedings.webp "₹84 Crore Released to NSEL Settlement Account: Bombay HC Quashes 2015 Proceedings Against 63 Moons [Read Order]")
Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]
The Supreme Court in a recent case has upheld the full forfeiture of ₹37.80 crore deposited by the appellant towards the proposed purchase of the Raichur plant of Surana Industries Ltd. in...
![Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114195-failure-meet-nclt-timelines-justifies-full-forfeiture-deposits-supreme-court-rejects-purchases-challenge-liquidation-sale-taxscan.webp "Failure to Meet NCLT Timelines Justifies Full Forfeiture of Deposits: Supreme Court Rejects Purchaser’s Challenge in Liquidation Sale [Read Order]")
![GST Clearance Certificate Issued by CA Not Acceptable when Tender Involves Services: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114283-gst-clearance-certificate-issued-ca-acceptable-tender-involves-services-bombay-hc-taxscan.webp "GST Clearance Certificate Issued by CA Not Acceptable when Tender Involves Services: Bombay HC [Read Order]")
Even Ordinary Act of Parliament Cannot Override Final Court Orders: Madras HC sets aside Compounding Demand Based on 2024 CBDT Guidelines [Read Order]
The Madras High Court has held that even an ordinary Act of Parliament or subordinate legislation such as CBDT ( Central Board of Direct Taxes ) guidelines cannot override or dilute final judicial...
![Even Ordinary Act of Parliament Cannot Override Final Court Orders: Madras HC sets aside Compounding Demand Based on 2024 CBDT Guidelines [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/2114106-ordinary-act-parliament-override-final-court-orders-madras-hc-compounding-demand-cbdt-guidelines-taxscan.webp "Even Ordinary Act of Parliament Cannot Override Final Court Orders: Madras HC sets aside Compounding Demand Based on 2024 CBDT Guidelines [Read Order]")
