![Employer vs Employee PF/ESI Contributions Treatment under Income Tax: Supreme Court to Resolve Deduction Issue [Read Judgement]](https://images.taxscan.in/h-upload/2026/01/29/2122383-employer-employee-pf-esi-contributions-treatment-under-income-tax-supreme-court-resolve-deduction-issue-taxscan.webp "Employer vs Employee PF/ESI Contributions Treatment under Income Tax: Supreme Court to Resolve Deduction Issue [Read Judgement]")
Employer vs Employee PF/ESI Contributions Treatment under Income Tax: Supreme Court to Resolve Deduction Issue [Read Judgement]
The Supreme Court of India will examine the issue of allowability of deductions for delayed deposit of employees’ Provident Fund (PF) and Employees’...
![CA Certification with Self Declaration Sufficient for 4% SAD Refund: CESTAT Criticises ‘Perfunctory’ Rejection [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122375-ca-certification-with-self-declaration-sufficient-for-4-sad-refund-cestat-criticises-perfunctory-rejection-taxscan.webp "CA Certification with Self Declaration Sufficient for 4% SAD Refund: CESTAT Criticises ‘Perfunctory’ Rejection [Read Order]")
![No Higher Sales Tax on Kenwood Car Audio Systems Manufactured Using Imported Parts: Madras HC upholds 12.5% Levy [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122395-no-higher-sales-tax-on-kenwood-car-audio-systems-manufactured-using-imported-parts-madras-hc-upholds-125-levy-taxscan.webp "No Higher Sales Tax on Kenwood Car Audio Systems Manufactured Using Imported Parts: Madras HC upholds 12.5% Levy [Read Order]")
Advertising & Sales Promotion Spend to Dealers Not ‘Fringe Benefit’: ITAT deletes ₹1.08 Cr FBT Addition [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT) has held that expenditure incurred on advertising, publicity and sales promotion towards dealers, distributors and other third parties...
![Advertising & Sales Promotion Spend to Dealers Not ‘Fringe Benefit’: ITAT deletes ₹1.08 Cr FBT Addition [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122382-advertising-sales-promotion-spend-dealers-fringe-benefit-itat.webp "Advertising & Sales Promotion Spend to Dealers Not ‘Fringe Benefit’: ITAT deletes ₹1.08 Cr FBT Addition [Read Order]")
DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Kolkata, has set aside an order of the Debts Recovery Tribunal (DRT) holding that DRT cannot bypass orders and is bound by the directions of DRAT,...
![DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122371-drt-cannot-bypass-drat-high-court-directions-drat-sets-aside-order-directs-adjudication-counter-claim-company-taxscan.webp "DRT Cannot Bypass DRAT & High Court Directions: DRAT Sets Aside Order, Directs Adjudication of Counter-Claim of Company [Read Order]")
Interest Expenditure allowable u/s 57(iii) against Interest Income if Direct Nexus Proved: ITAT Deletes ₹1.06 Cr Disallowance [Read Order]
If there is a direct nexus between the borrowing and lending activity, interest expenditure is allowable as a deduction under Section 57(iii) of theIncome-tax Act, 1961, ruled the Mumbai Bench of the...
![Interest Expenditure allowable u/s 57(iii) against Interest Income if Direct Nexus Proved: ITAT Deletes ₹1.06 Cr Disallowance [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122376-interest-expenditure-allowable-interest-income-direct-nexus-proved-taxscan.webp "Interest Expenditure allowable u/s 57(iii) against Interest Income if Direct Nexus Proved: ITAT Deletes ₹1.06 Cr Disallowance [Read Order]")
No Registered Instrument or Oral Agreement to Prove Statutory Tenancy: DRAT affirms Recovery of Property [Read Order]
The Debts Recovery Appellate Tribunal (DRAT), Allahabad, has dismissed the appeal filed by the appellant and affirmed the recovery of the property, holding that the tenants/ appellants have not...
![No Registered Instrument or Oral Agreement to Prove Statutory Tenancy: DRAT affirms Recovery of Property [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122369-no-registered-instrument-oral-agreement-prove-statutory-tenancy-drat-affirms-recovery-property.webp "No Registered Instrument or Oral Agreement to Prove Statutory Tenancy: DRAT affirms Recovery of Property [Read Order]")
Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]
The Allahabad bench of the Debt Recovery Appellate Tribunal (DRAT) has affirmed the Debt Recovery Tribunal’s (DRT) order, which reduced the contractual interest rate from 15.75% per annum (with...
![Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122284-drat-taxscan.jfif "Loan Not Fully Disbursed, Project Stalled: DRAT Upholds Interest Rate Reduction to 10% by DRT and Dismisses HUDCO’s Appeal [Read Order]")
![90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122251-90-dispense-unsecured-creditor-consent-sufficient-tmeetings.webp "90% Unsecured Creditor Consent Sufficient To Dispense with Meetings u/s 230(9): NCLAT [Read Order]")