![ROC Penalises Company and Directors Over Woman Director Appointment Delay [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113346-roc-penalises-company-and-directors-taxscan.jfif "ROC Penalises Company and Directors Over Woman Director Appointment Delay [Read Order]")
ROC Penalises Company and Directors Over Woman Director Appointment Delay [Read Order]
The Registrar of Companies (ROC), Ahmedabad, has issued an adjudication order under Section 454 of the Companies Act, 2013, penalising a company and...
![Annual Tax & Corporate Law Digest 2025: Complete Supreme Court Cases [Part IV]](https://images.taxscan.in/h-upload/2025/12/18/250x150_2112980-annual-tax-corporate-law-supreme-court-supreme-court-case-digest-2025-taxscan.webp "Annual Tax & Corporate Law Digest 2025: Complete Supreme Court Cases [Part IV]")
![Calcutta HC Finds Prima Facie PMLA Violations, allows ED to Attach and Freeze Assets, Directs Committee to Share Property List [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113356-calcutta-hc-pmla-violations-ed-share-property-list-enforcement-directorate-taxscan.webp "Calcutta HC Finds Prima Facie PMLA Violations, allows ED to Attach and Freeze Assets, Directs Committee to Share Property List [Read Order]")
![Depreciation on Genuine Fixed Assets Cannot be Disallowed Merely for Alleged Source Deficiency: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113358-depreciation-on-genuine-fixed-assets-cannot-be-disallowed-merely-itat-taxscan.webp "Depreciation on Genuine Fixed Assets Cannot be Disallowed Merely for Alleged Source Deficiency: ITAT [Read Order]")
![Former Director Cannot be Forced to Represent Company in PMLA Case: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113342-former-director-cannot-forced-represent-company-pmla-case-calcutta-hc-taxscan.webp "Former Director Cannot be Forced to Represent Company in PMLA Case: Calcutta HC [Read Order]")
Commercial Expediency Cannot be Rewritten by TPO: Delhi HC upholds Avery Dennison’s Intra-Group Services at Arm’s Length
The Delhi High Court has dismissed an appeal filed under Section 260A of the IncomeTax Act, 1961, holding that no substantial question of law arose from the findings accepting the arm’s length...
Revision of Assessment Order u/s 263 Not Valid for "Notional Interest" recognized under IND-AS: ITAT Limits Reassessment to Stock Valuation Issue
In a recent ruling on the scope of revisionary jurisdiction under Section 263 of the Income Tax Act, 1961, the Chandigarh Bench of the Income Tax Appellate Tribunal has partly upheld the order of...
Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]
The MadrasHigh Court, in a recent ruling, has held that the National Company Law Tribunal (NCLT) approved Resolution Plan acts as an impregnable firewall against Benami attachment of an asset...
![Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/500x300_2113247-benami-attachment-cannot-breach-impregnable-firewall-nclt-approved-resolution-plan-taxscan.webp "Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]")
Reversal of CENVAT Credit Equivalent to Non-Availment: CESTAT Sets Aside Rs. 1.11 Crore Service Tax Demand [Read Order]
The Kolkata Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held that proportionate reversal of CENVAT credit amounts to non-availment, rendering the 6%/5% payment demand...
![Reversal of CENVAT Credit Equivalent to Non-Availment: CESTAT Sets Aside Rs. 1.11 Crore Service Tax Demand [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/500x300_2113237-reversal-cenvat-credit-equivalent-non-availment-taxscan.webp "Reversal of CENVAT Credit Equivalent to Non-Availment: CESTAT Sets Aside Rs. 1.11 Crore Service Tax Demand [Read Order]")
Schedule I of IBBI Regulations Only ‘Ordinarily’ Applies, Liquidator May Set Stricter Auction Terms: Karnataka HC Upholds EMD Forfeiture
The Karnataka High Court in a recent case has held that Schedule I of the IBBI (Liquidation Process) Regulations, 2016, applies only “ordinarily,” and does not prevent a liquidator from prescribing...
