![Rajeev Bansal Rulling Applies: SC Dismisses Revenue Appeal on Income Tax Reassessment Notices [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/500x300_2119749-rajeev-bansal-rulling-applies-sc-dismisses-revenue-appeal-on-income-tax-reassessment-notices.webp "Rajeev Bansal Rulling Applies: SC Dismisses Revenue Appeal on Income Tax Reassessment Notices [Read Order]")
Rajeev Bansal Rulling Applies: SC Dismisses Revenue Appeal on Income Tax Reassessment Notices [Read Order]
The Supreme Court dismissed the Special Leave Petition (SLP) filed against the Bombay High Court’s judgment quashing reassessment proceedings, holding...
![Invalid Income Tax Reassessment Sanction u/ s.151 of: Supreme Court Dismisses Revenue SLP [Read Judgement]](https://images.taxscan.in/h-upload/2026/01/14/250x150_2119751-supreme-court-dismisses-revenue-slp-taxscan.webp "Invalid Income Tax Reassessment Sanction u/ s.151 of: Supreme Court Dismisses Revenue SLP [Read Judgement]")
![Ruling in Ashish Agarwal Case applies Only to Defective Income Tax Notices, Not to Reopening Closed Assessment: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/250x150_2119466-income-tax-notice-ashish-agarwal-case-defective-income-tax-notices-ruling-in-ashish-agarwal-case-defective-notice-supreme-court-income-tax-ruling-taxscan.webp "Ruling in Ashish Agarwal Case applies Only to Defective Income Tax Notices, Not to Reopening Closed Assessment: Supreme Court [Read Order]")
![Interest Income Earned by Co-Operative Society from Deposits With Co-Op Banks & Nationalised Bank Eligible for S. 80P Deduction: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/250x150_2119113-interest-income-co-operative-society-deposits-co-op-banks-nationalised-bank-itat-taxscan.webp "Interest Income Earned by Co-Operative Society from Deposits With Co-Op Banks & Nationalised Bank Eligible for S. 80P Deduction: ITAT [Read Order]")
![Multiple Cheques from Same Transaction can give Rise to Separate S. 138 NI Act Prosecutions: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/01/13/250x150_2118732-multiple-cheques-same-transaction-give-rise-separate.webp "Multiple Cheques from Same Transaction can give Rise to Separate S. 138 NI Act Prosecutions: Supreme Court [Read Order]")
![CLB Has No Authority to Extend Limitation u/s 58(3) of Companies Act: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118472-supreme-court-clb-authority-supreme-court-ruling-company-law-board-supreme-court-on-companies-act-limitation-limitation-act-and-clb-jurisdiction-taxscan.webp "CLB Has No Authority to Extend Limitation u/s 58(3) of Companies Act: Supreme Court [Read Order]")
Limitation Act Applies to "Courts" and not to Quasi-Judicial Bodies, Unless Expressly Empowered: Supreme Court [Read Order]
The SupremeCourt has ruled that limiation act only applies to “courts” and not to quasi-judicial bodies unless they are expressly empowered in that regard. The issue arose from a long-pending...
![Limitation Act Applies to Courts and not to Quasi-Judicial Bodies, Unless Expressly Empowered: Supreme Court [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118451-limitation-act-supreme-court-ruling-taxscan.webp "Limitation Act Applies to Courts and not to Quasi-Judicial Bodies, Unless Expressly Empowered: Supreme Court [Read Order]")
Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]
The SupremeCourt has rejected the retrospective application of section 433 of the Companies Act and held that the Company Law Board (CLB) cannot borrow such powers from the National Company Law...
![Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]](https://images.taxscan.in/h-upload/2026/01/12/500x300_2118468-retrospective-application-s433-comapnies-act-rejected-sc-clb-cannot-borrow-nclt-powers-taxscan.webp "Retrospective Application of S.433 of Companies Act Rejected: SC Holds CLB Cannot Borrow NCLT’s Powers [Read Order]")
Income Tax Reassessment Passed in Violation of Calcutta HC Stay: SC dismisses SLP refusing to Condone 730-day Delay [Read Judgement]
In a recent ruling, the Supreme Court rejected the Income Tax Department’s plea for condonation of a 730-day delay in filing a Special Leave Petition against a Calcutta High Court judgment that had...
![Income Tax Reassessment Passed in Violation of Calcutta HC Stay: SC dismisses SLP refusing to Condone 730-day Delay [Read Judgement]](https://images.taxscan.in/h-upload/2026/01/11/500x300_2118353-income-tax-reassessment-calcutta-hc-sc-slp-taxscan.webp "Income Tax Reassessment Passed in Violation of Calcutta HC Stay: SC dismisses SLP refusing to Condone 730-day Delay [Read Judgement]")
Changing Company Name & PAN Shifts Jurisdictional Income Tax Officer: Supreme Court sustains Quashing of Escaped Income Notice [Read Order]
The Supreme Court of India recently declined to interfere with a ruling of the Gujarat High Court by which it quashed an income tax reassessment notice issued under Section 148 of the Income Tax...
![Changing Company Name & PAN Shifts Jurisdictional Income Tax Officer: Supreme Court sustains Quashing of Escaped Income Notice [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118156-pan-shifts-jurisdictional-income-tax-officer-supreme-court-sustains-quashal-escaped-income-notice-taxscan.webp "Changing Company Name & PAN Shifts Jurisdictional Income Tax Officer: Supreme Court sustains Quashing of Escaped Income Notice [Read Order]")