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Supreme Court Transfers CCI Probe Cases Against Amazon and Flipkart to Karnataka HC
The Supreme Court of India ordered that all 26 petitions related to the Competition Commission of India’s ( CCI ) investigation into Amazon and...
![Lack of Mens Rea u/s 10(d) of CST Act: Allahabad HC Quashes Penalty on Bajaj Hindusthan Sugar Ltd [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/Allahabad-High-Court-Bajaj-Hindusthan-Sugar-Ltd-CST-CST-Act-Taxscan.jpg "Lack of Mens Rea u/s 10(d) of CST Act: Allahabad HC Quashes Penalty on Bajaj Hindusthan Sugar Ltd [Read Order]")
![Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]](https://images.taxscan.in/h-upload/2025/06/03/250x150_2041095-supreme-court-insolvncy-nd-bnkruptcy-cde-ibc-supreme-court-hypothecation-deed-guarantee-taxscan.webp "Supreme Court Declares Hypothecation Deed as Guarantee u/s 5(8), Classifies Mortgagor as Guarantor [Read Judgment]")
Request for a one-time settlement cannot be entertained by a sole financial creditor after commencement of CIRP: Telangana HC [Read Order]
In a recent case, the Telangana High Court has held that a request for a one-time settlement cannot be entertained by a sole financial creditor after commencement of Corporate Insolvency Resolutions...
Interest on Compensation on Acquisition of Agricultural Land to be Treated as Income from Other Sources: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) Delhi Bench has carefully examined the complex issue of taxability of interest received under Section 28 of the Land Acquisition Act, 1894, and held that...
![Interest on Compensation on Acquisition of Agricultural Land to be Treated as Income from Other Sources: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Delhi-Agricultural-Land-Agricultura-Taxscan.jpg "Interest on Compensation on Acquisition of Agricultural Land to be Treated as Income from Other Sources: ITAT [Read Order]")
Denial of Rs. 50,000 Basic Deduction u/s 80P(2)(c) to Co-operative Society: ITAT Orders Grant of Deduction [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT ) allowed the appeal of the assessee, holding that the Rs. 50,000 basic deduction under Section 80P(2)(c) of Income Tax Act,1961 should...
![Denial of Rs. 50,000 Basic Deduction u/s 80P(2)(c) to Co-operative Society: ITAT Orders Grant of Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Income-Tax-Income-Tax-Appellate-Tribunal-TAXSCAN-2.jpg "Denial of Rs. 50,000 Basic Deduction u/s 80P(2)(c) to Co-operative Society: ITAT Orders Grant of Deduction [Read Order]")
