![AO Cannot Issue Consolidated Satisfaction Note for Multiple Assessment Years: ITAT Allows Appeal noting Exceeded Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130376-ao-cannot-issue-consolidated-satisfaction-note-for-multiple-assessment-years-itat-allows-appeal-noting-exceeded-jurisdiction-.webp "AO Cannot Issue Consolidated Satisfaction Note for Multiple Assessment Years: ITAT Allows Appeal noting Exceeded Jurisdiction [Read Order]")
AO Cannot Issue Consolidated Satisfaction Note for Multiple Assessment Years: ITAT Allows Appeal noting Exceeded Jurisdiction [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi Bench, allowed an appeal wherein the recorded satisfaction note showed invalid jurisdiction of...
![Mode of Payment for Purchase of Shares as Long Term Capital Gain Different in Lower Authorities Proceedings: ITAT Restores File for Fresh Verification [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130364-mode-of-payment-for-purchase-of-shares-as-long-term-capital-gain-different-in-lower-authorities-proceedingsjpg.webp "Mode of Payment for Purchase of Shares as Long Term Capital Gain Different in Lower Authorities Proceedings: ITAT Restores File for Fresh Verification [Read Order]")
![Unexplained Cash Deposit of Rs. 1.2cr made During Demonetisation: ITAT Reduces Addition Drastically, Retains Lump Sum ₹8 Lakh [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130363-cash-depositjpg.webp "Unexplained Cash Deposit of Rs. 1.2cr made During Demonetisation: ITAT Reduces Addition Drastically, Retains Lump Sum ₹8 Lakh [Read Order]")
![Gauhati HC Permits ITI Ltd to Rectify Mismatch between GSTR-1 and GSTR-3B, Quashes Order For Denying ITC Claim [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130332-gauhati-hc-permits-iti-ltd-to-rectify-mismatch-between-gstr-1-and-gstr-3b-quashes-order-for-denying-itc-claimjpg.webp "Gauhati HC Permits ITI Ltd to Rectify Mismatch between GSTR-1 and GSTR-3B, Quashes Order For Denying ITC Claim [Read Order]")
![Beach Sand Minerals Export Policy Under STE Mechanism Not Amenable To Competition Law: NCLAT Dismissed Appeal Filed By BMPA [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130322-beach-sand-minerals-export-policy-under-ste-mechanism-not-amenable-to-competition-law-nclat-dismissed-appeal-filed-by-bmpa-site-imagejpg.webp "Beach Sand Minerals Export Policy Under STE Mechanism Not Amenable To Competition Law: NCLAT Dismissed Appeal Filed By BMPA [Read Order]")
Resolution Applicant Cannot Challenge RFRP Clauses Once Expression of Interest Submitted: NCLAT [Read Order]
In a recent ruling, the National Company Law Appellate Tribunal ( NCLAT ) ruled that a resolution applicant cannot challenge the clauses of the Request for Resolution Plan (RFRP) after submitting...
![Resolution Applicant Cannot Challenge RFRP Clauses Once Expression of Interest Submitted: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130325-resolution-applicant-cannot-challenge-rfrp-clauses-once-expression-of-interest-submitted-nclat-.webp "Resolution Applicant Cannot Challenge RFRP Clauses Once Expression of Interest Submitted: NCLAT [Read Order]")
Limitation Act Cannot Extend 14‑Day Appeal Period: NCLAT Dismisses Appeal for 1616-Day Delay in Claim Rejection Challenge [Read Order]
In a recent ruling, theNational Company Law Appellate Tribunal (NCLAT) Chennai has held that the 14-day appeal period prescribed under Section 42 of the Insolvency and Bankruptcy Code (IBC) is...
![Limitation Act Cannot Extend 14‑Day Appeal Period: NCLAT Dismisses Appeal for 1616-Day Delay in Claim Rejection Challenge [Read Order]](https://images.taxscan.in/h-upload/2026/03/26/2130320-limitation-act-cannot-extend-appeal-period-nclat-dismisses-appeal-claim-rejection-challenge-.webp "Limitation Act Cannot Extend 14‑Day Appeal Period: NCLAT Dismisses Appeal for 1616-Day Delay in Claim Rejection Challenge [Read Order]")
ICAI Issues New CPE Guidelines: Revised Hour Requirements Effective from Calendar Year 2026 [Read Notification]
The Institute of Chartered Accountants of India (ICAI) has released revised CPE hour requirements for members, effective January 1, 2026. The changes introduce new age-based slabs, differentiate...
![ICAI Issues New CPE Guidelines: Revised Hour Requirements Effective from Calendar Year 2026 [Read Notification]](https://images.taxscan.in/h-upload/2026/03/26/2130317-cpe-guidelinesjpg.webp "ICAI Issues New CPE Guidelines: Revised Hour Requirements Effective from Calendar Year 2026 [Read Notification]")
Uttarakhand HC Quashes Ex-Parte GST Assessment for Lack of Valid Notice: Fresh Hearing Ordered u/s Section 75(4) [Read Order]
In a recent ruling, the Uttarakhand High Court has quashed an ex parte assessment order and recovery proceedings, citing a lack of valid notice, and ruled that an opportunity of personal...
![Uttarakhand HC Quashes Ex-Parte GST Assessment for Lack of Valid Notice: Fresh Hearing Ordered u/s Section 75(4) [Read Order]](https://images.taxscan.in/h-upload/2026/03/25/2130246-uttarakhand-hc-quashes-gst-assessment-for-lack-of-valid-notice-fresh-hearing-ordered.webp "Uttarakhand HC Quashes Ex-Parte GST Assessment for Lack of Valid Notice: Fresh Hearing Ordered u/s Section 75(4) [Read Order]")
Draft Assessment Order Not Enforceable without Timely Final Order: Calcutta HC Sets Aside Income Tax Demand for Delay u/s 144C(13) [Read Order]
In a recent ruling, the Calcutta High Court has quashed a tax demand and penalty notice and ruled that a draft assessment order cannot give rise to enforceable liability unless followed by a final...
![Draft Assessment Order Not Enforceable without Timely Final Order: Calcutta HC Sets Aside Income Tax Demand for Delay u/s 144C(13) [Read Order]](https://images.taxscan.in/h-upload/2026/03/25/2130241-draft-assessment-orderjpg.webp "Draft Assessment Order Not Enforceable without Timely Final Order: Calcutta HC Sets Aside Income Tax Demand for Delay u/s 144C(13) [Read Order]")