![ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114143-itr-authentic-proof-income-mact-claims-calcutta-hc-enhances-compensation-taxscan.webp "ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]")
ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]
TheCalcutta High Court has modified a compensation award, enhancing the compensation amount awardable to a victim from ₹15.05 Lakh to ₹39 Lakh, after...
![SEBI Mandates Half-Yearly Disclosure Norms for Securitised Debt Instruments to Enhance Transparency [Read Circular]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114124-sebi-mandates-hal-f-yearly-disclosure-norms-securitised-debt-instruments-enhance-transparency-taxscan.webp "SEBI Mandates Half-Yearly Disclosure Norms for Securitised Debt Instruments to Enhance Transparency [Read Circular]")
![Writ Jurisdiction Cannot Override Statutory IBC Process: Calcutta HC Dismisses Guarantors’ Challenge to Personal Insolvency Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113347-writ-jurisdiction-override-statutory-ibc-process-calcutta-hc-dismisses-guarantors-challenge-personal-insolvency-proceedings-taxscan.webp "Writ Jurisdiction Cannot Override Statutory IBC Process: Calcutta HC Dismisses Guarantors’ Challenge to Personal Insolvency Proceedings [Read Order]")
![GSTAT revokes Staggered Filing of Appeals u/s 112, allows Unrestricted E-Filing from December 18 [Read Circular]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114131-gstat-staggered-filing-e-filing-gst-e-filing-gstat-appeal-filing-gst-appeal-e-filing-gst-electronic-filing-taxscan.webp "GSTAT revokes Staggered Filing of Appeals u/s 112, allows Unrestricted E-Filing from December 18 [Read Circular]")
![Relief to Reliance Power: ITAT rejects Income tax Dept’s Challenge to Reduced S. 14A Disallowance [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114132-reliance-power-itat-taxscan.jfif "Relief to Reliance Power: ITAT rejects Income tax Dept’s Challenge to Reduced S. 14A Disallowance [Read Order]")
CVD on Castings Imported for Wind Electricity Generators: CESTAT Directs Fresh Valuation, Appeals Against Provisional Assessment Valid [Read Order]
The Chennai Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) held that Countervailing Duty (CVD) is leviable on castings imported as parts of sub-assemblies or components of ...
![CVD on Castings Imported for Wind Electricity Generators: CESTAT Directs Fresh Valuation, Appeals Against Provisional Assessment Valid [Read Order]](https://images.taxscan.in/h-upload/2025/12/19/500x300_2113297-cvd-cestat-taxscan.jfif "CVD on Castings Imported for Wind Electricity Generators: CESTAT Directs Fresh Valuation, Appeals Against Provisional Assessment Valid [Read Order]")
Even Ordinary Act of Parliament Cannot Override Final Court Orders: Madras HC sets aside Compounding Demand Based on 2024 CBDT Guidelines [Read Order]
The Madras High Court has held that even an ordinary Act of Parliament or subordinate legislation such as CBDT ( Central Board of Direct Taxes ) guidelines cannot override or dilute final judicial...
![Even Ordinary Act of Parliament Cannot Override Final Court Orders: Madras HC sets aside Compounding Demand Based on 2024 CBDT Guidelines [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114106-ordinary-act-parliament-override-final-court-orders-madras-hc-compounding-demand-cbdt-guidelines-taxscan.webp "Even Ordinary Act of Parliament Cannot Override Final Court Orders: Madras HC sets aside Compounding Demand Based on 2024 CBDT Guidelines [Read Order]")
Stop posting your Achievements: Income Tax Dept may access Your Social Media and Emails to Curb Tax Evasion
The Income Tax Department may freely monitor social media posts, emails, and digital activities to uncover tax evasion, according to recent talks and common claims on social media that have worried...
No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]
The National Company Law Appellate Tribunal (NCLAT) at Chennai has upheld the rejection of repayment plans submitted by personal guarantors undergoing insolvency proceedings under the Insolvency...
![No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111276-nclat-chennai-resolution-professional-repayment-plans-guarantors-no-procedural-lapse-order-reject-taxscan.webp "No Procedural Lapse by Resolution Professional: NCLAT Upholds Order Rejecting Repayment Plans of Guarantors [Read Order]")
Exporter Seeks Manual Credit of Drawback Benefits after ICEGATE Portal Fails to Enable Credit: Madras HC Orders to file Representation before Customs [Read Order]
The Madras High Court has declined to directly order manual credit of drawback and RoSCTL benefits to an exporter after the ICEGATE portal allegedly failed to enable disbursal of the sanctioned...
![Exporter Seeks Manual Credit of Drawback Benefits after ICEGATE Portal Fails to Enable Credit: Madras HC Orders to file Representation before Customs [Read Order]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113917-exporter-seeks-manual-credit-drawback-benefits-icegate-portal-fails-enable-credi-madras-hc-orders-representation-customs.webp "Exporter Seeks Manual Credit of Drawback Benefits after ICEGATE Portal Fails to Enable Credit: Madras HC Orders to file Representation before Customs [Read Order]")