![90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/500x300_2122251-90-dispense-unsecured-creditor-consent-sufficient-tmeetings.webp "90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]")
90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has held that if unsecured creditors with at least 90% of the value...
![Delay in Filing of Repayment Plan Not Grounds For Bankruptcy: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/250x150_2122245-delay-filing-repayment-plan-not-grounds-bankruptcy-taxscan.jfif "Delay in Filing of Repayment Plan Not Grounds For Bankruptcy: NCLAT [Read Order]")
![Customs Cannot Override DGFT’s EODC: CESTAT Sets Aside Duty and Penalty on Vedanta Ltd [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/250x150_2122287-customs-cannot-override-dgfts-eodc-cestat-sets-aside-duty-penalty-vedanta-ltd.webp "Customs Cannot Override DGFT’s EODC: CESTAT Sets Aside Duty and Penalty on Vedanta Ltd [Read Order]")
![Cash from Sale of Crops Deposited during Demonetization Period, Supporting Documents Submitted: ITAT Removes Addition u/s 68 [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/250x150_2122282-cash-from-sale-crops-deposited-during-demonetization-period-taxscan.webp "Cash from Sale of Crops Deposited during Demonetization Period, Supporting Documents Submitted: ITAT Removes Addition u/s 68 [Read Order]")
Search Assessments under Income Tax Unsustainable where Approval is Mechanical u/s 153D: ITAT [Read Order]
The Patna Bench of the Income Tax Appellant Tribunal ( ITAT ) has held that search assessments under Section 153A of the Income Tax Act, 1961, cannot stand the test of time in those situations...
![Search Assessments under Income Tax Unsustainable where Approval is Mechanical u/s 153D: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/500x300_2122271-search-assessments-under-income-tax-unsustainable-approval-mechanical-itat-taxscan.webp "Search Assessments under Income Tax Unsustainable where Approval is Mechanical u/s 153D: ITAT [Read Order]")
Vodafone Distributor Fails to Explain ₹51.80 Lakh Cash Deposits: ITAT Upholds 8% Income Estimation [Read Order]
In a recent ruling, the Income Tax Appellate Tribunal (ITAT) has upheld that the estimation of income at 8% on a large cash deposit made by a Vodafone distributor failed to satisfactorily explain the...
![Vodafone Distributor Fails to Explain ₹51.80 Lakh Cash Deposits: ITAT Upholds 8% Income Estimation [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/500x300_2122269-vodafone-distributor-fails-explain-5180-lakh-cash-deposits-itat-upholds-8-income-estimation-taxscan.webp "Vodafone Distributor Fails to Explain ₹51.80 Lakh Cash Deposits: ITAT Upholds 8% Income Estimation [Read Order]")
Supreme Court Upholds Odisha Entry Tax Act in Tata Sponge Iron Case, Refuses to Reopen Constitutional Challenge [Read Order]
The Supreme Court upheld the validity of Odisha Entry Tax Act, 1999 in Tata Sponge Iron case and refused to reopen constitutional challenge, holding that same issue had already been finally decided...
![Supreme Court Upholds Odisha Entry Tax Act in Tata Sponge Iron Case, Refuses to Reopen Constitutional Challenge [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/500x300_2122279-supreme-court-upholds-odisha-entry-tax-act-tata-sponge-iron-case-refuses-to-reopen-constitutional-challeng-taxscan.webp "Supreme Court Upholds Odisha Entry Tax Act in Tata Sponge Iron Case, Refuses to Reopen Constitutional Challenge [Read Order]")
FT&TR Reference under India-Hong Kong Tax Treaty Not Permissible for Pre-2019 Taxable Events to Extend Limitation: Delhi HC [Read Order]
The Delhi High Court held that an FT&TR reference under the India-Hong Kong Tax Treaty cannot be used for pre-2019 taxable events to extend the limitation period, as it dismissed the Revenue’s...
![FT&TR Reference under India-Hong Kong Tax Treaty Not Permissible for Pre-2019 Taxable Events to Extend Limitation: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/500x300_2122241-fttr-reference-delhi-high-court-taxscan.jfif "FT&TR Reference under India-Hong Kong Tax Treaty Not Permissible for Pre-2019 Taxable Events to Extend Limitation: Delhi HC [Read Order]")