![IBBI Disciplinary Committee Suspends Insolvency Professional’s Authorization for Six Months for Acting Without Valid AFA [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127684-ibbi-disciplinary-committee-suspends-authorization-for-six-months-for-acting-afa-.webp "IBBI Disciplinary Committee Suspends Insolvency Professional’s Authorization for Six Months for Acting Without Valid AFA [Read Order]")
IBBI Disciplinary Committee Suspends Insolvency Professional’s Authorization for Six Months for Acting Without Valid AFA [Read Order]
The Insolvency and Bankruptcy Board of India’s Disciplinary Committee has ordered a six‑monthsuspension of the Authorisation for Assignment (AFA) of...
![Allahabad HC Flags Risk of Malpractices in Temporary ID System for GST Appeals [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127700-allahabad-hc-flags-risk-of-malpractices-in-temporary-id-system-for-gst-appealsjpg.webp "Allahabad HC Flags Risk of Malpractices in Temporary ID System for GST Appeals [Read Order]")
![Consideration of SOA is not Alien to Proceeding under IBC: Supreme Court Remarks on Transfer Application [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127692-consideration-of-soa-is-not-alien-to-proceeding-under-ibcjpg.webp "Consideration of SOA is not Alien to Proceeding under IBC: Supreme Court Remarks on Transfer Application [Read Order]")
![Right to Redemption of Property is Lost After Sale: DRT Dismisses Securitization Application [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127691-right-to-redemption-of-property-is-lost-after-salejpg.webp "Right to Redemption of Property is Lost After Sale: DRT Dismisses Securitization Application [Read Order]")
GST Appellate Authority Must Independently Examine Grounds of Appeal, Cannot Merely Repeat Adjudicating Officer’s Findings: Calcutta HC [Read Order]
The Calcutta High Court held that an appellate authority must independently examine the grounds of appeal and cannot simply repeat the findings of the adjudicating officer. Fratelli Vineyards...
![GST Appellate Authority Must Independently Examine Grounds of Appeal, Cannot Merely Repeat Adjudicating Officer’s Findings: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127664-gst-appellate-authority-must-independently-examine-grounds-of-appealjpg.webp "GST Appellate Authority Must Independently Examine Grounds of Appeal, Cannot Merely Repeat Adjudicating Officer’s Findings: Calcutta HC [Read Order]")
Single Judge Must Decide All Vital Issues After Remand: Kerala HC Sets Aside Order in Canara Bank & PNB Debt Recovery Case [Read Order]
The Kerala High Court held that when a Division Bench remands a matter for fresh consideration, the Single Judge must decide all vital issues raised by the parties and failure to comply with such...
![Single Judge Must Decide All Vital Issues After Remand: Kerala HC Sets Aside Order in Canara Bank & PNB Debt Recovery Case [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127666-single-judge-must-decide-all-vital-issues-after-remandjpg.webp "Single Judge Must Decide All Vital Issues After Remand: Kerala HC Sets Aside Order in Canara Bank & PNB Debt Recovery Case [Read Order]")
Gross Negligence by CIT(A) and AO in Ignoring Submissions and Evidence: ITAT Deletes ₹9 Cr Purchase Addition [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that the Commissioner of Income Tax (Appeals) (CIT(A)) and the Assessing Officer (AO) exhibited gross negligence in discharging their statutory duty by ...
![Gross Negligence by CIT(A) and AO in Ignoring Submissions and Evidence: ITAT Deletes ₹9 Cr Purchase Addition [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127660-gross-negligence-by-cita-and-ao-in-ignoring-submissions-and-evidence-itat.webp "Gross Negligence by CIT(A) and AO in Ignoring Submissions and Evidence: ITAT Deletes ₹9 Cr Purchase Addition [Read Order]")
Dispute Between Financial Institutions to Be Resolved Through Statutory Arbitration: DRT Dismisses SARFAESI Plea [Read Order]
The Debts Recovery Tribunal (DRT), Delhi, has rejected a securitization application made under Section 17 of the SARFAESI Act on the grounds that disputes between financial institutions regarding...
![Dispute Between Financial Institutions to Be Resolved Through Statutory Arbitration: DRT Dismisses SARFAESI Plea [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127658-dispute-between-financial-institutions-to-be-resolved-through-statutory-arbitrationjpg.webp "Dispute Between Financial Institutions to Be Resolved Through Statutory Arbitration: DRT Dismisses SARFAESI Plea [Read Order]")
Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]
In a major ruling, the Supreme Court held that simultaneous CIRP proceedings under the Insolvency and Bankruptcy Code (IBC) can be started against both the principal borrower and the corporate...
![Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127657-simultaneous-cirp-against-principal-borrowerjpg.webp "Simultaneous CIRP Against Principal Borrower & Corporate Guarantor Permissible: Supreme Court Clarifies No Mandatory ‘Election’ of Claims [Read Order]")
Taxpayer Paid Rs. 1.8 Lakh Without Specifying Purpose: Calcutta HC Directs CGST to Treat it as Statutory Pre-Deposit in Service Tax Appeal [Read Order]
In a recent ruling, the Calcutta High Court held that if a taxpayer has already paid Rs. 1.8 lakh to the CGST department without mentioning the purpose, and the amount is not adjusted against any...
![Taxpayer Paid Rs. 1.8 Lakh Without Specifying Purpose: Calcutta HC Directs CGST to Treat it as Statutory Pre-Deposit in Service Tax Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127607-calcutta-hc-directs-cgst-treat-statutory-pre-deposit-service-tax-appeal-taxscan.webp "Taxpayer Paid Rs. 1.8 Lakh Without Specifying Purpose: Calcutta HC Directs CGST to Treat it as Statutory Pre-Deposit in Service Tax Appeal [Read Order]")