![Supreme Court Permits NFRAs Audit Regulatory Proceedings Against CAs, Stays Execution of Final Orders [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/03/Supreme-Court-NFRAs-Audit-Regulatory-CAs-Stays-Execution-Final-Orders-taxscan.jpg "Supreme Court Permits NFRAs Audit Regulatory Proceedings Against CAs, Stays Execution of Final Orders [Read Judgement]")
Supreme Court Permits NFRA's Audit Regulatory Proceedings Against CAs, Stays Execution of Final Orders [Read Judgement]
In a recent ruling, the Supreme Court permitted the National Financial Reporting Authority (NFRA) to continue audit regulatory proceedings against...
![Once NCLT Approves Resolution Plan, All Dues Including Central Govts Stand Extinguished: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/03/Supreme-Court-Resolution-Plan-NCLT-NCLT-resolution-plan-and-tax-dues-TAXSCAN.jpg "Once NCLT Approves Resolution Plan, All Dues Including Central Govts Stand Extinguished: Supreme Court [Read Judgement]")
![CESTAT Grants CENVAT Credit on GTA Services for FOR Basis Sales, Relying on Board Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/CENVAT-credit-FOR-basis-sales-Ahmedabad-CESTAT-taxscan.jpg "CESTAT Grants CENVAT Credit on GTA Services for FOR Basis Sales, Relying on Board Circular [Read Order]")
![Wrongful Reversal of Cenvat Credit on Re-exported Goods: CESTAT allows Refund or Re-credit Option [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/CESTAT-ruling-Cenvat-Credit-Export-tax-credit-taxscan.jpg "Wrongful Reversal of Cenvat Credit on Re-exported Goods: CESTAT allows Refund or Re-credit Option [Read Order]")
Borrower cannot Enforce Consumer Rights Without Privity of Contract: Supreme Court Grants Relief to Citicorp Finance (India) Limited [Read Order]
The Supreme Court of India recently ruled in favor of Citicorp Finance (India) Limited, holding that a borrower cannot claim consumer protection rights without privity of contract with the lender. ...
![Borrower cannot Enforce Consumer Rights Without Privity of Contract: Supreme Court Grants Relief to Citicorp Finance (India) Limited [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Supreme-Court-ruling-Consumer-protection-Citicorp-Finance-taxscan.jpg "Borrower cannot Enforce Consumer Rights Without Privity of Contract: Supreme Court Grants Relief to Citicorp Finance (India) Limited [Read Order]")
Fire, Fifteen Crores and a Systemic Failure: Allahabad HC Bar Association Lambasts SC Decision to Repatriate Justice Yashwant Varma [Read Letter Here]
The Allahabad High Court Bar Association has strongly opposed the Supreme Court Collegium’s decision to transfer Delhi High Court Judge Justice Yashwant Varma to the Allahabad High Court following...
Orders ignoring Binding Precedents are in Violation of the Doctrine of Precedent and cannot be Countenanced: Kerala HC [Read Order]
The Kerala High Court recently reaffirmed that any tax assessment orders passed on ignorance of binding precedents set by higher courts are violative of the doctrine of precedent and thus...
![Orders ignoring Binding Precedents are in Violation of the Doctrine of Precedent and cannot be Countenanced: Kerala HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Kerala-HC-Income-Tax.jpg "Orders ignoring Binding Precedents are in Violation of the Doctrine of Precedent and cannot be Countenanced: Kerala HC [Read Order]")
Delhi High Court Judge Faces the Heat after Fire Break-Out Reveals Massive Stash of Unaccounted Money at Home
Justice, it seems, has gone up in flames! In an unprecedented and shocking turn of events, a fire at the official residence of Delhi High Court judge Justice Yashwant Varma led to the discovery of a...
'Proving beyond Reasonable Doubt’ applies to Penal Laws, Tax Reassessment Needs ‘Reason to Believe': Delhi HC [Read Order]
In a recent ruling, the Delhi High Court clarified that the legal standard of “proof beyond reasonable doubt” applies strictly to penal laws and tax authorities require only “reason to believe” based...
![Proving beyond Reasonable Doubt’ applies to Penal Laws, Tax Reassessment Needs ‘Reason to Believe: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Proving-beyond-Reasonable-Doubt-applies-Penal-Laws-Tax-Reassessment-Reason-to-Believe-Delhi-HC-taxscan.jpg "Proving beyond Reasonable Doubt’ applies to Penal Laws, Tax Reassessment Needs ‘Reason to Believe: Delhi HC [Read Order]")
Vegetable Waste Oil and Dry Wax from Edible Oil Refining Classified as Waste, Exempt from Excise Duty: CESTAT [Read Order]
The Chennai Bench of Customs,Excise and Service Tax Appellate tribunal ( CESTAT ) ruled that vegetable waste oil and dry wax generated during the refining of edible oils are classified as waste and...
![Vegetable Waste Oil and Dry Wax from Edible Oil Refining Classified as Waste, Exempt from Excise Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/CESTAT-ruling-Vegetable-waste-oil-Dry-wax-waste-taxscan.jpg "Vegetable Waste Oil and Dry Wax from Edible Oil Refining Classified as Waste, Exempt from Excise Duty: CESTAT [Read Order]")