![AaRVF Guilty of Misrepresentation in Enrolling Ineligible CFA Candidate: IBBI Suspends Recognition for Two Years [Read Notification]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122710-aarvf-guilty-misrepresentation-enrolling-ineligible-cfa-candidate-taxscan.webp "AaRVF Guilty of Misrepresentation in Enrolling Ineligible CFA Candidate: IBBI Suspends Recognition for Two Years [Read Notification]")
AaRVF Guilty of Misrepresentation in Enrolling Ineligible CFA Candidate: IBBI Suspends Recognition for Two Years [Read Notification]
The Insolvency and Bankruptcy Board of India (IBBI) has suspended the recognition of Assessors and Registered Valuers Foundation (AaRVF), in...
![IBBI Cancels Registration of Valuer After Expulsion from IOV-RVF and Voluntary Withdrawal from Practice [Read Notification]](https://images.taxscan.in/h-upload/2026/01/31/250x150_2122707-ibbi-cancle-registration-taxscan.jfif "IBBI Cancels Registration of Valuer After Expulsion from IOV-RVF and Voluntary Withdrawal from Practice [Read Notification]")
![SARFAESI and RDDBFI Proceedings Distinct and cannot be Clubbed: DRAT Allows Canara Banks Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/250x150_2122700-sarfaesi-and-rddbfi-proceedings-distinct-and-cannot-be-clubbed-drat-allows-canara-banks-appeal-taxscan.webp "SARFAESI and RDDBFI Proceedings Distinct and cannot be Clubbed: DRAT Allows Canara Banks Appeal [Read Order]")
![Debt Claim Rejected under Co-op Act Bars SARFAESI Measures: DRAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/250x150_2122694-debt-claim-rejected-under-co-op-act-bars-sarfaesi-measures-drat-taxcsan.webp "Debt Claim Rejected under Co-op Act Bars SARFAESI Measures: DRAT [Read Order]")
Deposit of ₹5 Crore Cannot Convert Non-Bailable GST Offence into Bailable, but Bail can be Granted: Rajasthan HC [Read Order]
The Rajasthan High Court has held that a deposit of ₹5 crore cannot change the statutory nature of a non-bailable offence under the GST ( Goods and ServicesTax ) Act into a bailable one, however the...
![Deposit of ₹5 Crore Cannot Convert Non-Bailable GST Offence into Bailable, but Bail can be Granted: Rajasthan HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122692-deposit-5-crore-cannot-convert-non-bailable-gst-offence-bailable-taxscan.webp "Deposit of ₹5 Crore Cannot Convert Non-Bailable GST Offence into Bailable, but Bail can be Granted: Rajasthan HC [Read Order]")
Failure to Serve Possession & Sale Notices on Corporate Guarantor: DRAT Upholds DRT Order, Dismisses Canara Bank’s Appeal [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad Bench, has dismissed Canara Bank’s appeal and upheld the order of the Debts Recovery Tribunal (DRT) quashing SARFAESI proceedings initiated...
![Failure to Serve Possession & Sale Notices on Corporate Guarantor: DRAT Upholds DRT Order, Dismisses Canara Bank’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122689-failure-serve-possession-sale-notices-corporate-guarantor-drat-upholds-drt-order-dismisses-canara-banks-appeal.webp "Failure to Serve Possession & Sale Notices on Corporate Guarantor: DRAT Upholds DRT Order, Dismisses Canara Bank’s Appeal [Read Order]")
Big Relief for GST Taxpayers: GSTN Revises Interest Calculation for Late GSTR-3B Filing [Read Advisory]
The GST Network (GSTN) has announced several important changes in the filing of GSTR-3B, effective from the January 2026 tax period. These changes are to make interest calculation more accurate and...
![Big Relief for GST Taxpayers: GSTN Revises Interest Calculation for Late GSTR-3B Filing [Read Advisory]](https://images.taxscan.in/h-upload/2026/01/31/500x300_2122685-big-relief-for-gst-taxpayers-gstn-revises-interest-calculation-for-late-gstr-3b-filing-taxscan.webp "Big Relief for GST Taxpayers: GSTN Revises Interest Calculation for Late GSTR-3B Filing [Read Advisory]")
DGFT Imposes Import Restrictions on Penicillin, 6-APA & Amoxycillin Below Minimum Price Threshold [Read Notification]
The Directorate General of Foreign Trade (DGFT) issued Notification No. 56/2025-26 dated 29 January 2026 amending India’s import policy for certain key antibiotic raw materials. The notification...
![DGFT Imposes Import Restrictions on Penicillin, 6-APA & Amoxycillin Below Minimum Price Threshold [Read Notification]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122608-dgft-import-restrictions-penicillin-6-apa-amoxycillin-minimum-price-threshold-taxscan.webp "DGFT Imposes Import Restrictions on Penicillin, 6-APA & Amoxycillin Below Minimum Price Threshold [Read Notification]")
No Reassessment if Income Already Taxed at Highest Rate: Delhi HC Dismisses Revenue’s Appeal in Client Code Modification Case [Read Order]
In a recent ruling, the Delhi High Court held that reassessment cannot be done when the assessee has already disclosed the income and paid tax at the highest rate and dismissed the Revenue’s appeal...
![No Reassessment if Income Already Taxed at Highest Rate: Delhi HC Dismisses Revenue’s Appeal in Client Code Modification Case [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/500x300_2122609-no-reassessment-income-already-taxed-highest-rate-delhi-hc-dismisses-revenues-appeal-client-code-modification-case-taxscan.webp "No Reassessment if Income Already Taxed at Highest Rate: Delhi HC Dismisses Revenue’s Appeal in Client Code Modification Case [Read Order]")