![No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/corporate-fraud.jpg "No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]")
No Bail in Corporate Fraud u/s 447 of Companies Act Without Satisfying Two Key Conditions: Supreme Court [Read Judgement]
The Supreme Court of India ruled that bail under Section 447 of the Companies Act, 2013, which deals with corporate fraud, cannot be granted unless...
![No ITC for Dealer on Tax-Exempt Sales: Supreme Court Upholds Disallowance u/s 7(c) of UP VAT Act [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2025/04/Supreme-Court-Supreme-Court-UP-VAT-ITC-case-No-ITC-on-tax-exempt-sales-TAXSCAN.jpg "No ITC for Dealer on Tax-Exempt Sales: Supreme Court Upholds Disallowance u/s 7(c) of UP VAT Act [Read Judgment]")
![25 Days Delay in Filing Audit report due to Covid 19Â Pandemic: Kerala HC sets aside Income Tax Order Declining to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/WhatsApp-Image-2025-04-09-at-12.12.45-PM.jpeg "25 Days Delay in Filing Audit report due to Covid 19Â Pandemic: Kerala HC sets aside Income Tax Order Declining to Condone Delay [Read Order]")
![Supreme Court upholds Piramals Resolution Plan For DHFL [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Supreme-Court-Supreme-Court-Upholds-Piramals-Resolution-Plan-Piramals-Resolution-Plan-Piramals-Resolution-Plan-For-DHFL-taxscan.jpg "Supreme Court upholds Piramals Resolution Plan For DHFL [Read Order]")
Limitation Period under IBC Starts From Date of Judgment Pronounced in Open Court: Supreme Court [Read Judgement]
The Supreme Court held that the incident which triggers the running of the limitation period under the Insolvency and Bankruptcy Code (IBC) 2016 is the the date of pronouncement of the Order and in...
![Limitation Period under IBC Starts From Date of Judgment Pronounced in Open Court: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/IBC-NCLAT.jpg "Limitation Period under IBC Starts From Date of Judgment Pronounced in Open Court: Supreme Court [Read Judgement]")
Supreme Court Condones Delay in S.151 Matter on Sanction for Notice in Terms of Judgment in Rajeev Bansal Case
The Supreme Court of India recently condoned delays in the Income Tax Department’s appeal against the Bombay High Court’s quashing of reassessment notices issued to an Assessee, while calling on the...
Leave Encashment Payment Made After Financial Year not Deductible under Income Tax Act Without Accrued Liability: Himachal Pradesh HC [Read Order]
The High Court of Himachal Pradesh,ruled that leave encashment payments made after the end of the financial year cannot be claimed as a deduction under the Income Tax Act,1961 unless the liability...
![Leave Encashment Payment Made After Financial Year not Deductible under Income Tax Act Without Accrued Liability: Himachal Pradesh HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Himachal-Pradesh-HC.jpg "Leave Encashment Payment Made After Financial Year not Deductible under Income Tax Act Without Accrued Liability: Himachal Pradesh HC [Read Order]")
![CESTAT Grants Interest on Pre-Deposit Refund Under Pre-Amended Provisions of Excise Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Pre-Deposit-refund.jpg "CESTAT Grants Interest on Pre-Deposit Refund Under Pre-Amended Provisions of Excise Act [Read Order]")
Supreme Court Judges Agree to Publicly Disclose All Assets on Website following Delhi HC Judge Scandal
The Supreme Court has been conducting uncommon moves one after the other, with the latest development being a resolution requiring all sitting judges to publicly disclose their assets. The decision...
Supreme Court Probes Customs Officer’s Locus Standi to file PIL against Abhishek Banerjee’s Wife on 2019 Incident [Read Judgement]
The Supreme Court recently dismissed a Public Interest Litigation (PIL) filed by customs officer Raj Kumar Barthwal, who had sought an investigation into an incident from 2019 at the Kolkata airport...
![Supreme Court Probes Customs Officer’s Locus Standi to file PIL against Abhishek Banerjee’s Wife on 2019 Incident [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/04/suprem-court.jpg "Supreme Court Probes Customs Officer’s Locus Standi to file PIL against Abhishek Banerjee’s Wife on 2019 Incident [Read Judgement]")