![DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122371-drt-cannot-bypass-drat-high-court-directions-drat-sets-aside-order-directs-adjudication-counter-claim-company-taxscan.webp "DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]")
DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Kolkata, has set aside an order of the Debts Recovery Tribunal (DRT) holding that DRT cannot bypass ...
![Interest Expenditure allowable u/s 57(iii) against Interest Income if Direct Nexus Proved: ITAT Deletes ₹1.06 Cr Disallowance [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122376-interest-expenditure-allowable-interest-income-direct-nexus-proved-taxscan.webp "Interest Expenditure allowable u/s 57(iii) against Interest Income if Direct Nexus Proved: ITAT Deletes ₹1.06 Cr Disallowance [Read Order]")
![No Registered Instrument or Oral Agreement to Prove Statutory Tenancy: DRAT affirms Recovery of Property [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122369-no-registered-instrument-oral-agreement-prove-statutory-tenancy-drat-affirms-recovery-property.webp "No Registered Instrument or Oral Agreement to Prove Statutory Tenancy: DRAT affirms Recovery of Property [Read Order]")
![Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122284-drat-taxscan.jfif "Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]")
![90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122251-90-dispense-unsecured-creditor-consent-sufficient-tmeetings.webp "90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]")
![Delay in Filing of Repayment Plan Not Grounds For Bankruptcy: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122245-delay-filing-repayment-plan-not-grounds-bankruptcy-taxscan.jfif "Delay in Filing of Repayment Plan Not Grounds For Bankruptcy: NCLAT [Read Order]")
Customs Cannot Override DGFT’s EODC: CESTAT Sets Aside Duty and Penalty on Vedanta Ltd [Read Order]
The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside the duty and penalties imposed on Vedanta Ltd, holding that the customs authorities cannot override...
![Customs Cannot Override DGFT’s EODC: CESTAT Sets Aside Duty and Penalty on Vedanta Ltd [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122287-customs-cannot-override-dgfts-eodc-cestat-sets-aside-duty-penalty-vedanta-ltd.webp "Customs Cannot Override DGFT’s EODC: CESTAT Sets Aside Duty and Penalty on Vedanta Ltd [Read Order]")
Cash from Sale of Crops Deposited during Demonetization Period, Supporting Documents Submitted: ITAT Removes Addition u/s 68 [Read Order]
The two-member bench of the Income Tax Appellate Tribunal (“ITAT”) had removed addition to cash deposit as unexplained as had been done under Section68. ITAT accepted the explanation given by the...
![Cash from Sale of Crops Deposited during Demonetization Period, Supporting Documents Submitted: ITAT Removes Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122282-cash-from-sale-crops-deposited-during-demonetization-period-taxscan.webp "Cash from Sale of Crops Deposited during Demonetization Period, Supporting Documents Submitted: ITAT Removes Addition u/s 68 [Read Order]")
Search Assessments under Income Tax Unsustainable where Approval is Mechanical u/s 153D: ITAT [Read Order]
The Patna Bench of the Income Tax Appellant Tribunal ( ITAT ) has held that search assessments under Section 153A of the Income Tax Act, 1961, cannot stand the test of time in those situations...
![Search Assessments under Income Tax Unsustainable where Approval is Mechanical u/s 153D: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122271-search-assessments-under-income-tax-unsustainable-approval-mechanical-itat-taxscan.webp "Search Assessments under Income Tax Unsustainable where Approval is Mechanical u/s 153D: ITAT [Read Order]")