![Fiduciary Bar on Minutes and Voting Record Disclosure: IBBI Declines RTI Appeal seeking CoC Voting Results [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102838-fiduciary-bar-voting-record-disclosure-ibbi-declines-rti-appeal-coc-voting-results-txn.webp "Fiduciary Bar on Minutes and Voting Record Disclosure: IBBI Declines RTI Appeal seeking CoC Voting Results [Read Order]")
Fiduciary Bar on Minutes and Voting Record Disclosure: IBBI Declines RTI Appeal seeking CoC Voting Results [Read Order]
In a recent ruling under the Right to Information Act, the Insolvencyand Bankruptcy Board of India (IBBI) has dismissed an appeal seeking disclosure ...
![Cash commission Addition Based on Digital Data without Corroborative Evidence is Unsustainable: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/250x150_2103265-cash-commission-taxscan.webp "Cash commission Addition Based on Digital Data without Corroborative Evidence is Unsustainable: ITAT [Read Order]")
![Legitimate Trade Should Not Be Crippled: Madras HC Allows Revival of GST Reg Following Suguna Cut Piece Centre Ruling [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/250x150_2103330-legitimate-trade-madras-hc-0-revival-of-gst-taxscan.webp "Legitimate Trade Should Not Be Crippled: Madras HC Allows Revival of GST Reg Following Suguna Cut Piece Centre Ruling [Read Order]")
![VAT Turnover included in GST Assessment: Madras HC Remits Case for Fresh Consideration as Dealer Fails to Substantiate Replies [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/250x150_2103302-vat-turnover-gst-assessment-madras-hc-case-for-fresh-consideration-dealer-fails-substantiate-replies-taxscan.webp "VAT Turnover included in GST Assessment: Madras HC Remits Case for Fresh Consideration as Dealer Fails to Substantiate Replies [Read Order]")
Income Cannot be Taxed on Current Year When Sales Relates to Other AYs: ITAT Deletes Addition on Mismatch of Sales [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) deleted an addition of ₹8,87,104 made on account of the alleged mismatch of sales for the Assessment Year (A.Y.) 2021-22 and held that...
![Income Cannot be Taxed on Current Year When Sales Relates to Other AYs: ITAT Deletes Addition on Mismatch of Sales [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/500x300_2103269-incometax-addition-taxscan.webp "Income Cannot be Taxed on Current Year When Sales Relates to Other AYs: ITAT Deletes Addition on Mismatch of Sales [Read Order]")
Notice u/s 28(6) of Customs Act Mandatory when Officer Finds Short Payment of Duty or Penalty: CESTAT sets aside order against L&T [Read Order]
The Chennai Bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has ruled that issuance of a notice under Section 28(6) of the Customs Act, 1962 is mandatory when the...
![Notice u/s 28(6) of Customs Act Mandatory when Officer Finds Short Payment of Duty or Penalty: CESTAT sets aside order against L&T [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/500x300_2103282-larsen-turbo-cestat-taxscan.webp "Notice u/s 28(6) of Customs Act Mandatory when Officer Finds Short Payment of Duty or Penalty: CESTAT sets aside order against L&T [Read Order]")
Blocking of ITC Cannot Exceed Available Balance, Creation of Negative Credit Ledger Entries Unlawful: Punjab & Haryana HC [Read Order]
In a recent ruling, the Punjab and Haryana High Court held that Goods and Services Tax (GST) authorities have no power to create a negative balance in a taxpayer’s Electronic Credit Ledger (ECL)...
![Blocking of ITC Cannot Exceed Available Balance, Creation of Negative Credit Ledger Entries Unlawful: Punjab & Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/500x300_2103286-itc-blocked-taxscan.webp "Blocking of ITC Cannot Exceed Available Balance, Creation of Negative Credit Ledger Entries Unlawful: Punjab & Haryana HC [Read Order]")
GST ITC Available on Hydrotreated Vegetable Oil/Renewable Diesel Used for GTA Services u/ Forward Charge Mechanism: AAR [Read Order]
The Chhattisgarh Authority for Advance Ruling (AAR) recently ruled that a registered Goods Transport Agency (GTA) is eligible to claim Input Tax Credit (ITC) on the Goods and Services Tax (GST)...
![GST ITC Available on Hydrotreated Vegetable Oil/Renewable Diesel Used for GTA Services u/ Forward Charge Mechanism: AAR [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2103146-gst-itc-gst-hydrotreated-vegetable-oil-renewable-diesel-gta-services-taxscan.webp "GST ITC Available on Hydrotreated Vegetable Oil/Renewable Diesel Used for GTA Services u/ Forward Charge Mechanism: AAR [Read Order]")
Adjournments Cannot Be Granted Mechanically When Appellant Untraceable: CESTAT Dismisses Appeal for Default under Rule 20 [Read Order]
The Chennai Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) dismissed the appeal for default under Rule 20 of the CESTAT (Procedure) Rules, 1982, observing that adjournments...
![Adjournments Cannot Be Granted Mechanically When Appellant Untraceable: CESTAT Dismisses Appeal for Default under Rule 20 [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2103021-cestat-chennai-cestat-dismisses-cestat-dismisses-appeal-taxscan.webp "Adjournments Cannot Be Granted Mechanically When Appellant Untraceable: CESTAT Dismisses Appeal for Default under Rule 20 [Read Order]")
Deduction u/s 57 for Bank Charges allowable as it Relates to Interest Income: ITAT Allows Claim [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) ruled that bank charges can be allowed as deductions under Section 57 and directed the deletion of a disallowance of ₹34,647 which was ...
![Deduction u/s 57 for Bank Charges allowable as it Relates to Interest Income: ITAT Allows Claim [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2103088-deduction-bank-charges-interest-income-itat-bank-charges-allowable-taxscan.webp "Deduction u/s 57 for Bank Charges allowable as it Relates to Interest Income: ITAT Allows Claim [Read Order]")
Taxpayer Acted as Middleman and Not Beneficiary for Forfeited Advance of Property: ITAT Deletes Addition u/s 56(2)(ix) [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition of ₹75,00,000 made under Section 56(2)(ix) of the Income Tax Act, 1961, affirming that the assessee was acting ...
![Taxpayer Acted as Middleman and Not Beneficiary for Forfeited Advance of Property: ITAT Deletes Addition u/s 56(2)(ix) [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2103084-itat-property-taxscan.webp "Taxpayer Acted as Middleman and Not Beneficiary for Forfeited Advance of Property: ITAT Deletes Addition u/s 56(2)(ix) [Read Order]")