![NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/500x300_2124039-nclat-upholds-admission-sbis-rs116-crore-claim-taxscan.webp "NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]")
NCLAT Upholds Admission of SBI’s Rs.116 Crore Claim, Dismisses Appeals by Suspended Director [Read Order]
The National Company Law Appellate Tribunal (NCLAT), Principal Bench at New Delhi, has held that a suspended director who himself initiated the...
![FinMin Increases Customs Tariff Values for Gold and Silver [Read Notification]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2124053-finmin-increases-customs-tariff-values-for-gold-and-silve-taxscan.webp "FinMin Increases Customs Tariff Values for Gold and Silver [Read Notification]")
![No Grounds to Interfere with Order Admitting S. 95 Application: NCLAT upholds Insolvency Proceedings against Personal Guarantors [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2124003-no-grounds-interfere-order-admitting-s-95-application-taxscan.webp "No Grounds to Interfere with Order Admitting S. 95 Application: NCLAT upholds Insolvency Proceedings against Personal Guarantors [Read Order]")
![Repayment of Rs. 1.85 Cr Loan in Two Days alone Does not Prove its Paper Entry: Delhi HC Upholds Deletion of S. 68 Addition [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2124015-loan-site-imagejpg.webp "Repayment of Rs. 1.85 Cr Loan in Two Days alone Does not Prove its Paper Entry: Delhi HC Upholds Deletion of S. 68 Addition [Read Order]")
![NCLAT sets aside Dismissal of S. 95 IBC Pleas Filed by Canara Bank against Personal Guarantors[Read Order]](https://images.taxscan.in/h-upload/2026/02/06/250x150_2123983-nclat-sets-aside-dismissal-s-95-ibc-pleas-filed-canara-bank-against-personal-guarantors.webp "NCLAT sets aside Dismissal of S. 95 IBC Pleas Filed by Canara Bank against Personal Guarantors[Read Order]")
Callous Approach by CIT(A) for Summarily Dismissing Appeal: ITAT Restores Appeal Dismissed Over Mere Clerical Error [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has set aside an order passed by the first appellate authority under the faceless regime, holding that an appeal cannot be dismissed ...
![Callous Approach by CIT(A) for Summarily Dismissing Appeal: ITAT Restores Appeal Dismissed Over Mere Clerical Error [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/500x300_2123916-callous-approach-by-cita-summarily-dismissing-appeal-taxscan.webp "Callous Approach by CIT(A) for Summarily Dismissing Appeal: ITAT Restores Appeal Dismissed Over Mere Clerical Error [Read Order]")
Seizure and Retention of Documentary Records and CPU prevented from Contesting GST Demand: Calcutta HC Directs Return of Items [Read Order]
It was contended that the impugned order confirming tax demand on allegations of suppression violated principles of natural justice.The Calcutta High Court recently granted relief to an assessee,...
![Seizure and Retention of Documentary Records and CPU prevented from Contesting GST Demand: Calcutta HC Directs Return of Items [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/500x300_2124046-seizure-retention-documentary-records-cpu-prevented-contesting-gst-demand.webp "Seizure and Retention of Documentary Records and CPU prevented from Contesting GST Demand: Calcutta HC Directs Return of Items [Read Order]")
![Single GST SCN Covering Five Financial Years is Impermissible: Madras HC Quashes Order [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/500x300_2124010-single-gst-scn-covering-five-financial-years-impermissible-madras-hc-quashes-order-taxscan.webp "Single GST SCN Covering Five Financial Years is Impermissible: Madras HC Quashes Order [Read Order]")
Taxpayer Cannot Demand Entire Material at S. 148A(b) Stage, “Information” Means Concise Details: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that a taxpayer cannot demand full documents and entire material at the Section 148A(b) stage, and “information” only means a short and concise narration...
![Taxpayer Cannot Demand Entire Material at S. 148A(b) Stage, “Information” Means Concise Details: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/500x300_2124057-taxpayer-cannot-demand-entire-material.webp "Taxpayer Cannot Demand Entire Material at S. 148A(b) Stage, “Information” Means Concise Details: Delhi HC [Read Order]")
Madras HC Upholds ₹1.5 Crore Income Tax Penalty on Actor Vijay, Holds Notice issued within Limitation Period
In a recent ruling, the Madras High Court upheld a Rs. 1.50 crore income tax penalty imposed on actor-turned-politician Vijay, and held that the Income Tax Department’s notice and proceedings were...
Legal Rep Cannot Raise New Defence Not Taken By Deceased Borrower: DRAT Upholds Rejection of Non-Supply of OA Paper Book Plea
The Debt Recovery Appellate Tribunal (DRAT), Kolkata, held that legal heirs cannot introduce new defences not raised by the original defendant, also rejected her defence for non-filing of a written...
DRT Dismisses Appeal due to Non‑Compliance with Pre‑Deposit: DRAT Remands Matter to Examine ₹3.71 Crore Deposit u/s 30 RDB Act [Read Order]
The Debt Recovery Appellate Tribunal ( DRAT ) referred a case back to the Debt Recovery Tribunal (DRT) after finding that the dismissal of an appeal for want of pre-deposit of ₹3.71 Crore under...
![DRT Dismisses Appeal due to Non‑Compliance with Pre‑Deposit: DRAT Remands Matter to Examine ₹3.71 Crore Deposit u/s 30 RDB Act [Read Order]](https://images.taxscan.in/h-upload/2026/02/06/500x300_2123973-drt-dismisses-appeal-due-noncompliance-predeposit-drat.webp "DRT Dismisses Appeal due to Non‑Compliance with Pre‑Deposit: DRAT Remands Matter to Examine ₹3.71 Crore Deposit u/s 30 RDB Act [Read Order]")