![Technical Glitches Cannot Deny Legitimate Credit: Delhi HC Directs GST Dept. to Reflect Rs. 99.18 Lakh Transitional ITC on ECL [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116484-technical-glitches-gst-portal-taxscan-1.webp "Technical Glitches Cannot Deny Legitimate Credit: Delhi HC Directs GST Dept. to Reflect Rs. 99.18 Lakh Transitional ITC on ECL [Read Order]")
Technical Glitches Cannot Deny Legitimate Credit: Delhi HC Directs GST Dept. to Reflect Rs. 99.18 Lakh Transitional ITC on ECL [Read Order]
The Delhi High Court has held that transitional Input Tax Credit (ITC) available to a registered entity cannot be denied merely due to technical or...
![CBIC Notifies Sea Cargo Manifest and Transshipment (Fifth Amendment) Regulations, Extends compliance Date to 31 March 2026 [Read Notification]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116455-cbic-notifies-sea-cargo-manifest-transshipment-fifth-amendment-regulations-extends-compliance-date-31-march-2026-taxscan.webp "CBIC Notifies Sea Cargo Manifest and Transshipment (Fifth Amendment) Regulations, Extends compliance Date to 31 March 2026 [Read Notification]")
![Centre notifies Companies (Appointment and Qualification of Directors) Amendment Rules 2025, Removes Annual DIR-3 KYC [Read Notification]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116464-amendment-rules-2025-removes-annual-dir-3-kyc-taxscan.webp "Centre notifies Companies (Appointment and Qualification of Directors) Amendment Rules 2025, Removes Annual DIR-3 KYC [Read Notification]")
![GST ITC Utilisation Up to 90% is Not a Bar to Refund: Delhi HC Directs Dept to Pay Refund of Rs. 25,16,760 with Interest [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116446-gst-itc-utilisation-up-to-90-is-not-a-bar-to-refund-delhi-hc-directs-dept-to-pay-refund-of-rs-2516760-with-interest-taxscan.webp "GST ITC Utilisation Up to 90% is Not a Bar to Refund: Delhi HC Directs Dept to Pay Refund of Rs. 25,16,760 with Interest [Read Order]")
![Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/250x150_2116451-full-settlement-nclt-approves-resolution-plan.webp "Full Settlement: NCLT Approves Resolution Plan with 100% Voting Share from Creditors [Read Order]")
PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]
The Allahabad Bench of National Company Law Tribunal (NCLT) moved Punjab National Bank (PNB) to initiate CIRP Proceedings under section 7 against Rice Mills (Corporate Debtor) for a ₹74.35 crore...
![PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/500x300_2116289-pnb-seeks-insolvency-resolution-against-rice-mills-taxscan.jfif "PNB Seeks Insolvency Resolution Against Rice Mills Over ₹74.35 Crore Outstanding Debt: NCLT Considers Section 7 Plea [Read Order]")
Accident Surcharge Not Insurance Service: CESTAT Sets aside Rs 2.2 Crore Service Tax Demand on Rajasthan SRTC [Read Order]
The Principal Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, held that the accident compensation surcharge collected by RSRTC was not taxable as general...
![Accident Surcharge Not Insurance Service: CESTAT Sets aside Rs 2.2 Crore Service Tax Demand on Rajasthan SRTC [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116412-accident-surcharge-not-insurance-service-taxscan.webp "Accident Surcharge Not Insurance Service: CESTAT Sets aside Rs 2.2 Crore Service Tax Demand on Rajasthan SRTC [Read Order]")
Unauthenticated Excel Sheets and Emails Sent by Lenders deemed "Dumb Documents" for interest Addition: ITAT quashes order [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that loose papers, printouts, or emails not forming part of the assessee’s regular books and lacking independent corroboration were ...
![Unauthenticated Excel Sheets and Emails Sent by Lenders deemed Dumb Documents for interest Addition: ITAT quashes order [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116429-unauthenticated-excel-sheets-emails-sent-lenders-deemed-dumb-documents-interest-addition-itat-quashes-order-taxscan.webp "Unauthenticated Excel Sheets and Emails Sent by Lenders deemed Dumb Documents for interest Addition: ITAT quashes order [Read Order]")
Assessment quashed without granting Liberty of Reopening to AO: ITAT rectifies order as per SC Judgement [Read Order]
The Chandigarh Bench of the Income TaxAppellate Tribunal (ITAT) ruled that failing to provide the Assessing Officer (AO) liberty to initiate reassessment proceedings, as held by the Supreme Courtin...
![Assessment quashed without granting Liberty of Reopening to AO: ITAT rectifies order as per SC Judgement [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116402-assessment-quashed-without-granting-liberty-reopening-ao-itat-rectifies-order-sc-judgement-taxscan.webp "Assessment quashed without granting Liberty of Reopening to AO: ITAT rectifies order as per SC Judgement [Read Order]")
Third-Party Statements and Documents Insufficient for S. 153A Jurisdiction: ITAT Quashes Assessments for Multiple Unabated Years [Read Order]
The Delhi Bench of the Income Tax AppellateTribunal ( ITAT ) quashed search assessments for four assessment years and ruled that third-party statements or documents, even if seized during a search, ...
![Third-Party Statements and Documents Insufficient for S. 153A Jurisdiction: ITAT Quashes Assessments for Multiple Unabated Years [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116406-third-party-statements-and-documents-insufficient-for-s-153a-jurisdiction-itat-quashes-assessments-for-multiple-unabated-years-taxscan.webp "Third-Party Statements and Documents Insufficient for S. 153A Jurisdiction: ITAT Quashes Assessments for Multiple Unabated Years [Read Order]")
Alleged Cash Receipts deleted in Hands of Lenders like UK Paints: ITAT upholds deletion of unaccounted interest expenditure [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) held that where the alleged recipients of cash interest have been judicially cleared of receiving such payments, the corresponding...
![Alleged Cash Receipts deleted in Hands of Lenders like UK Paints: ITAT upholds deletion of unaccounted interest expenditure [Read Order]](https://images.taxscan.in/h-upload/2026/01/01/500x300_2116416-cash-receipts-itat-taxscan.jfif "Alleged Cash Receipts deleted in Hands of Lenders like UK Paints: ITAT upholds deletion of unaccounted interest expenditure [Read Order]")
Consolidated Approval u/s 153D for Multiple Taxpayers and Years in a Mechanical Manner: ITAT Invalidates Search Assessment [Read Order]
The Guwahati Bench of the Income Tax AppellateTribunal (ITAT) quashed search assessments and held that providing consolidated approval for multiple taxpayers and years in a mechanical manner is...
![Consolidated Approval u/s 153D for Multiple Taxpayers and Years in a Mechanical Manner: ITAT Invalidates Search Assessment [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/500x300_2116272-consolidated-approval-us-153d-for-multiple-taxpayers-and-years-in-a-mechanical-manner-itat-invalidates-search-assessment-taxscan.webp "Consolidated Approval u/s 153D for Multiple Taxpayers and Years in a Mechanical Manner: ITAT Invalidates Search Assessment [Read Order]")