![Workers Not Entitled to Wages for Period Not Worked During CIRP: NCLAT upholds Layoff Notice, Approved Resolution Plan Binding on All Stakeholders [Read Order]](https://images.taxscan.in/h-upload/2026/01/07/2117525-nclat-resolution-plan-taxscan.jfif "Workers Not Entitled to Wages for Period Not Worked During CIRP: NCLAT upholds Layoff Notice, Approved Resolution Plan Binding on All Stakeholders [Read Order]")
Workers Not Entitled to Wages for Period Not Worked During CIRP: NCLAT upholds Layoff Notice, Approved Resolution Plan Binding on All Stakeholders [Read Order]
The Principal Bench of National Company Law Appellate Tribunal (NCLAT) at New Delhi, held that workers are entitled to wages during CIRP only if the...
![No PE Established: Delhi HC Quashes 3.5% TDS Certificate u/s 197 issued against GE Energy, Restores to 1.5% [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2117965-pe-established-delhi-hc-quashes-tds-certificate-issued-ge-energy-taxscan.webp "No PE Established: Delhi HC Quashes 3.5% TDS Certificate u/s 197 issued against GE Energy, Restores to 1.5% [Read Order]")
![Reopening of Assessment u/s 147 Invalid Due to Defective PCIT Approval: ITAT Quashes Entire Reassessment [Read Order]](https://images.taxscan.in/h-upload/2026/01/07/2117491-reopening-assessment-defective-pcit-approval-itat-quashes-reassessment-taxscan.webp "Reopening of Assessment u/s 147 Invalid Due to Defective PCIT Approval: ITAT Quashes Entire Reassessment [Read Order]")
![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XLVIX - Final Part]](https://images.taxscan.in/h-upload/2026/01/07/2117601-annual-tax-and-corporate-law-digest-2025-high-court-cases-part-xlvix-final-part-taxscan.webp "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XLVIX - Final Part]")
![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XLVIII]](https://images.taxscan.in/h-upload/2026/01/07/2117615-annual-tax-corporate-law-digest-2025-high-court-cases-part-48-taxscan.webp "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XLVIII]")
![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XLVII ]](https://images.taxscan.in/h-upload/2026/01/07/2117604-annual-tax-and-corporate-law-high-court-cases-case-digest-2025-annual-tax-digest-2025-corporate-law-digest-2025-annual-tax-and-corporate-law-digest-2025-taxscan.webp "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XLVII ]")
[Breaking] ITR Refund of Rs. 5.37cr not Paid to Microsoft Corp India for 8 Years: Delhi HC orders Refund with Interest [Read Order]
In a recent decision in the case of Microsoft India, the Delhi High Court has ordered an income tax refund of Rs. 5.37 crore with interest which was delayed for 8 years. ‘Not paying the...
![[Breaking] ITR Refund of Rs. 5.37cr not Paid to Microsoft Corp India for 8 Years: Delhi HC orders Refund with Interest [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/2117954-refund-with-interest-taxscan.webp "[Breaking] ITR Refund of Rs. 5.37cr not Paid to Microsoft Corp India for 8 Years: Delhi HC orders Refund with Interest [Read Order]")
Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]
In a recent ruling, the Telangana High Court held that income earned from the sale of tissue-cultured plants constitutes agricultural income and is exempt from income tax. A.G. Biotech...
![Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/2117844-2103973-agricultral-income-taxscan.webp "Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]")
Village Officer Certificate Alone Not Enough to Prove Agricultural Land: Supreme Court upholds Capital Gains Tax on Sale of Land [Read Order]
The Supreme Court has upheld the levy of capital gains tax on the sale of land, holding that a Village Officer certificate alone is not sufficient to prove that the land sold was agricultural. ...
![Village Officer Certificate Alone Not Enough to Prove Agricultural Land: Supreme Court upholds Capital Gains Tax on Sale of Land [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/2117843-village-officer-certificate-enough-prove-agricultural-land-supreme-court-upholds-capital-gains-tax-sale-land-taxscan.webp "Village Officer Certificate Alone Not Enough to Prove Agricultural Land: Supreme Court upholds Capital Gains Tax on Sale of Land [Read Order]")
Axis Bank’s Freeze Based on Third‑Party Letter Unjustified: Calcutta HC Restores Defreezing of Company Accounts [Read Order]
The CalcuttaHigh Court has set aside the single judge’s order suspending the defreezing of a company's bank accounts, holding that Axis Bank’s freeze, based on a third-party letter, was unjustified....
![Axis Bank’s Freeze Based on Third‑Party Letter Unjustified: Calcutta HC Restores Defreezing of Company Accounts [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/2117823-axis-banks-freeze-based-third-party-letter-unjustified-calcutta-hc-restores-defreezing-company-accounts-taxscan.webp "Axis Bank’s Freeze Based on Third‑Party Letter Unjustified: Calcutta HC Restores Defreezing of Company Accounts [Read Order]")