![Prima Facie Role in Coal Levy Scam & Gravity of Economic Offence Defeat Parity Plea: Chhattisgarh HC Rejects Bail to Applicant [Read Order]](https://images.taxscan.in/h-upload/2026/01/15/2119955-prima-facie-role-in-coal-levy-scam-gravity-of-economic-offence-defeat-parity-plea-chhattisgarh-hc-rejects-bail-applicant-taxscan.webp "Prima Facie Role in Coal Levy Scam & Gravity of Economic Offence Defeat Parity Plea: Chhattisgarh HC Rejects Bail to Applicant [Read Order]")
Prima Facie Role in Coal Levy Scam & Gravity of Economic Offence Defeat Parity Plea: Chhattisgarh HC Rejects Bail to Applicant [Read Order]
The Chhattisgarh High Court has rejected bail to the applicant in acse of Coal levy scam, holding that his role was prima facie established and the...
![Persistent Non‑Performance and Expired Permits Show Insolvency Beyond Mere Delay: NCLT Admits Homebuyers Petition u/s 7 [Read Order]](https://images.taxscan.in/h-upload/2026/01/15/2119934-persistent-nonperformance-and-expired-permits-show-insolvency-beyond-mere-delay-nclt-admits-homebuyers-petition-us-7-taxscan.webp "Persistent Non‑Performance and Expired Permits Show Insolvency Beyond Mere Delay: NCLT Admits Homebuyers Petition u/s 7 [Read Order]")
![Only SFIO Can Initiate Prosecution for Fraud Under Companies Act, Private Complaint Barred: Supreme Court [Read Judgment]](https://images.taxscan.in/h-upload/2026/01/15/2119862-fraud-under-companies-act-taxscan.webp "Only SFIO Can Initiate Prosecution for Fraud Under Companies Act, Private Complaint Barred: Supreme Court [Read Judgment]")
![Supreme Court Stays Coercive Action Against Linehaul Express in Reverse Charge Service Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/2119746-supreme-court-stays-coercive-action-against-linehaul-express-in-reverse-charge-service-tax-appeal-taxscan.webp "Supreme Court Stays Coercive Action Against Linehaul Express in Reverse Charge Service Tax Appeal [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 that the issue stands squarely covered by its...
![Rajeev Bansal Rulling Applies: SC Dismisses Revenue Appeal on Income Tax Reassessment Notices [Read Order]](https://images.taxscan.in/h-upload/2026/01/14/2119749-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]")
Invalid Income Tax Reassessment Sanction u/ s.151 of: Supreme Court Dismisses Revenue SLP [Read Judgement]
The Supreme Court has dismissed the Revenue’s Special Leave Petition (SLP) challenging the Bombay High Court’s order quashing reassessment proceedings for Assessment Year (A.Y.) 2017-18 on the...
![Invalid Income Tax Reassessment Sanction u/ s.151 of: Supreme Court Dismisses Revenue SLP [Read Judgement]](https://images.taxscan.in/h-upload/2026/01/14/2119751-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]
The Supreme Court held that the ruling in Union of India v. Ashish Agarwal applies only to defective reassessment notices issued under the Income Tax Act, 1961, and does not authorise the reopening...
![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/2026/01/14/2119466-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]
The Pune Bench of the Income Tax Appellate Tribunal (ITAT) held that interest income earned by a co-operative credit society from deposits with co-operative banks and a nationalised bank was...
![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/2026/01/13/2119113-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]
In a recent ruling, the Supreme Court held that multiple cheques issued in relation to the same transaction can give rise to separate prosecutions under Section 138 of the Negotiable Instruments Act,...
![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/2026/01/13/2118732-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/2026/01/12/2118472-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]")
