![Relief to Sacred Heart Church u/s 11: ITAT rules Form 10B filing Directory, Condones Delay of 39 Days Filing Form [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102729-form10b-filing-taxscan.webp "Relief to Sacred Heart Church u/s 11: ITAT rules Form 10B filing Directory, Condones Delay of 39 Days Filing Form [Read Order]")
Relief to Sacred Heart Church u/s 11: ITAT rules Form 10B filing Directory, Condones Delay of 39 Days Filing Form [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has granted relief to Sacred Heart Church under Section 12A/12AB of the Income Tax...
![No Customs Penalty for Misdeclaring Goods in Airway Bills: CESTAT sets aside ₹2L Penalty on Ajanta Pharma [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102739-customs-penalty-ajanta-pharma-no-customs-penalty-taxscan.webp "No Customs Penalty for Misdeclaring Goods in Airway Bills: CESTAT sets aside ₹2L Penalty on Ajanta Pharma [Read Order]")
![Unilateral Credit Note and Ledger Write-off Not Proof of Debt Discharge: NCLT Initiates CIRP u/s 9 of IBC [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2102933-ibc-cirp-taxscan.webp "Unilateral Credit Note and Ledger Write-off Not Proof of Debt Discharge: NCLT Initiates CIRP u/s 9 of IBC [Read Order]")
![Bombay HC Grants Interim Relief to Co-operative Credit Society, Restrains Coercive Recovery in Section 80P Deduction Disallowance Dispute [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102722-bombay-high-court-co-operative-credit-society-restrains-coercive-taxscan.webp "Bombay HC Grants Interim Relief to Co-operative Credit Society, Restrains Coercive Recovery in Section 80P Deduction Disallowance Dispute [Read Order]")
![ITAT Deletes Penalties u/s 271(1)(c) for Four Years Citing Vague and Defective IT Notice [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102754-incometax-notice-taxscan.webp "ITAT Deletes Penalties u/s 271(1)(c) for Four Years Citing Vague and Defective IT Notice [Read Order]")
Intra-Group Services Not Stewardship: ITAT Deletes ₹28.74 Cr TP Adjustment for Corteva Agriscience [Read Order]
In a major relief to Corteva Agriscience India Pvt. Ltd. (formerly E.I. DuPont India Pvt. Ltd.), the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted a ₹28.74 crore transfer...
![Intra-Group Services Not Stewardship: ITAT Deletes ₹28.74 Cr TP Adjustment for Corteva Agriscience [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102750-intra-group-services-stewardship-itat-corteva-agriscience-taxscan-.webp "Intra-Group Services Not Stewardship: ITAT Deletes ₹28.74 Cr TP Adjustment for Corteva Agriscience [Read Order]")
Delayed EPF/ESIC Payments Not Deductible: ITAT Upholds Rs 12.91 Lakh Disallowance u/s 36(1)(va) r.w.s 43B [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) recently dismissed an appeal filed by an assessee challenging the disallowance of Rs.12,91,486 under section 36(1)(va) read with section...
![Delayed EPF/ESIC Payments Not Deductible: ITAT Upholds Rs 12.91 Lakh Disallowance u/s 36(1)(va) r.w.s 43B [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102735-epf-esic-epf-esic-payments-itat-disallowance-delayed-epf-esic-payments-taxscan.webp "Delayed EPF/ESIC Payments Not Deductible: ITAT Upholds Rs 12.91 Lakh Disallowance u/s 36(1)(va) r.w.s 43B [Read Order]")
Resolution Plan Lacks Feasibility, Viability and IBC Compliance: NCLT Rejects CoC’s ₹1.5 Cr Resolution Plan, Orders Liquidation u/s 33(1)(b) [Read Order]
The Ahmedabad Bench of the National Company Law Tribunal (NCLT) has rejected a resolution plan valued at ₹1.5 crore of the petitioner, holding that the plan lacked feasibility, viability, and...
![Resolution Plan Lacks Feasibility, Viability and IBC Compliance: NCLT Rejects CoC’s ₹1.5 Cr Resolution Plan, Orders Liquidation u/s 33(1)(b) [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102842-resolution-plan-lacks-feasibility-viability-ibc-compliance-nclt-resolution-plan-orders-taxscan.webp "Resolution Plan Lacks Feasibility, Viability and IBC Compliance: NCLT Rejects CoC’s ₹1.5 Cr Resolution Plan, Orders Liquidation u/s 33(1)(b) [Read Order]")
‘ICAI Turning into Tughluq’s Regime’: Chartered Accountant Criticizes saying ‘They may even introduce Monthly Exam’
A Chartered Accountant’s viral post strongly criticising the Institute of Chartered Accountants of India (ICAI) went viral among the CA fraternity, which warned that the profession's future is being...
![ITAT Decision to uphold Higher 22% LTCG u/s 115BAA on Domestic Company raises Eyebrows [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102718-itat-ltcg-domestic-company-domestic-company-raises-eyebrows-taxscan.webp "ITAT Decision to uphold Higher 22% LTCG u/s 115BAA on Domestic Company raises Eyebrows [Read Order]")
IBC’s Time-Bound Framework Bars Relief: NCLAT Refuses to Condone 389-Day Appeal Refiling Delay [Read Order]
The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed by the appellant after declining to condone a 389-day delay in refiling. The appeal, made under Section 61 of the ...
![IBC’s Time-Bound Framework Bars Relief: NCLAT Refuses to Condone 389-Day Appeal Refiling Delay [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102823-ibcs-time-bound-framework-bars-relief-nclat-condone-389-day-appeal-refiling-delay-taxscan.webp "IBC’s Time-Bound Framework Bars Relief: NCLAT Refuses to Condone 389-Day Appeal Refiling Delay [Read Order]")
University’s Affiliation Fees are Statutory levies, exempt from GST: Bombay HC quashes Tax Demand on Educational Activities [Read Order]
The Bench of Bombay High Court has quashed Rs.4.83 Crore Goods and Services Tax (GST) amount demanded on educational activities, ruling that the Affiliation fees collected by the University’s from...
![University’s Affiliation Fees are Statutory levies, exempt from GST: Bombay HC quashes Tax Demand on Educational Activities [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102808-universitys-affiliation-fees-statutory-levies-exempt-from-gst-bombay-hc-tax-demand-educational-activities-taxscan.webp "University’s Affiliation Fees are Statutory levies, exempt from GST: Bombay HC quashes Tax Demand on Educational Activities [Read Order]")