Begin typing your search above and press return to search.
![MCA Penalises Nidhi Company for Continuous Default in Filing Annual Returns in from MGT-7 Since FY 2020-21 [Read Order] MCA Penalises Nidhi Company for Continuous Default in Filing Annual Returns in from MGT-7 Since FY 2020-21 [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135822-mca-penalises-nidhi-company-for-continuous-default-in-filing-annual-returns-in-from-mgt-7-since-fy-2020-21-site-image-2jpg.webp)
MCA Penalises Nidhi Company for Continuous Default in Filing Annual Returns in from MGT-7 Since FY 2020-21 [Read Order]
The Ministry of Corporate Affairs (MCA), has imposed a penalty totaling ₹3.5 lakh on a Nidhi company and its directors for failing to file annual...
![ITAT Remands ₹33 Lakh Agricultural Income Case for Fresh Verification, Imposes ₹2k Cost to PMNRF for Lack of Proof [Read Order] ITAT Remands ₹33 Lakh Agricultural Income Case for Fresh Verification, Imposes ₹2k Cost to PMNRF for Lack of Proof [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135791-itat-bangalore-agricultural-income-case-fresh-verification-pmnrf-taxscan.webp)
ITAT Remands ₹33 Lakh Agricultural Income Case for Fresh Verification, Imposes ₹2k Cost to PMNRF for Lack of Proof [Read Order]
The Tribunal acknowledged that the assessee had not produced any evidence. Still, in the interest of justice, the Bench decided the matter should be sent back to the Assessing Officer for factual verification and fresh adjudication.
![NCLAT Upholds NCLT Rejection of ₹1.15 Cr CIRP Plan Over Low Value & Avoidance Transaction Breaches [Read Order] NCLAT Upholds NCLT Rejection of ₹1.15 Cr CIRP Plan Over Low Value & Avoidance Transaction Breaches [Read Order]](https://images.taxscan.in/h-upload/2026/05/05/2135536-nclat-upholds-nclt-rejection-of-115-cr-cirp-plan-over-low-value-avoidance-transaction-breachesjpg.webp)
NCLAT Upholds NCLT Rejection of ₹1.15 Cr CIRP Plan Over Low Value & Avoidance Transaction Breaches [Read Order]
The case underscores the Tribunal’s insistence on procedural integrity and full disclosure in insolvency resolution, reaffirming that commercial wisdom cannot override statutory compliance.
![NCLAT Upholds NCLT Rejection of ₹1.15 Cr CIRP Plan Over Low Value & Avoidance Transaction Breaches [Read Order] NCLAT Upholds NCLT Rejection of ₹1.15 Cr CIRP Plan Over Low Value & Avoidance Transaction Breaches [Read Order]](https://images.taxscan.in/h-upload/2026/05/05/2135536-nclat-upholds-nclt-rejection-of-115-cr-cirp-plan-over-low-value-avoidance-transaction-breachesjpg.webp)
NCLAT Upholds NCLT Rejection of ₹1.15 Cr CIRP Plan Over Low Value & Avoidance Transaction Breaches [Read Order]
The case underscores the Tribunal’s insistence on procedural integrity and full disclosure in insolvency resolution, reaffirming that commercial wisdom cannot override statutory compliance.


![Failure to Intimate Director Resignation via DIR-12: MCA levies Rs. 2.5L Penalty [Read Notification] Failure to Intimate Director Resignation via DIR-12: MCA levies Rs. 2.5L Penalty [Read Notification]](https://images.taxscan.in/h-upload/2026/05/07/2135809-failure-to-intimate-director-resignation-via-dir-12-site-image-2jpg.webp)
![Opportunity to Cross-Examine Material Witness not provided as per Section 9D of Central Excise Act: CESTAT allows Appeal [Read Order] Opportunity to Cross-Examine Material Witness not provided as per Section 9D of Central Excise Act: CESTAT allows Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135813-opportunity-to-cross-examine-material-witness-not-provided-as-per-section-9d-of-central-excise-actjpg.webp)
![Documentary Evidence to be Properly Verified for Service Tax Exemption provided to Small Consignments: CESTAT Remands issue to AA [Read Order] Documentary Evidence to be Properly Verified for Service Tax Exemption provided to Small Consignments: CESTAT Remands issue to AA [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135805-documentary-evidence-to-be-properly-verified-for-service-tax-exemption-provided-to-small-consignmentsjpg.webp)
![Govt Contract TDS Mismatch in GSTR-7: Madras HC orders Fresh Adjudication of S. 74 Proceedings Considering 23% Tax Recovery [Read Order] Govt Contract TDS Mismatch in GSTR-7: Madras HC orders Fresh Adjudication of S. 74 Proceedings Considering 23% Tax Recovery [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135817-madras-high-court-govt-contract-tds-mismatch-gstr-7-fresh-adjudication-tax-recovery-taxscan.webp)






![No Bar on Cross-State Transfer of GST ITC on Company Amalgamation: Gujarat HC [Read Order] No Bar on Cross-State Transfer of GST ITC on Company Amalgamation: Gujarat HC [Read Order]](https://images.taxscan.in/h-upload/2026/05/06/2135633-site-img6-3jpg.webp)
![GST Portal’s Inability to Transfer Unutilized ITC during Company Amalgamation Not a Ground to Deny Credit: Gujarat HC [Read Order] GST Portal’s Inability to Transfer Unutilized ITC during Company Amalgamation Not a Ground to Deny Credit: Gujarat HC [Read Order]](https://images.taxscan.in/h-upload/2026/05/06/2135624-gst-portals-inability-to-transfer-unutilized-itc-during-company-amalgamation-not-a-ground-to-deny-credit-site-image-2jpg.webp)
![Service Tax cannot be levied on Liquidity Damages: CESTAT allows BHELs appeal [Read Order] Service Tax cannot be levied on Liquidity Damages: CESTAT allows BHELs appeal [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135780-cestat-hyderabad-service-tax-liquidity-damages-bhel-appeal-taxscan.webp)
![Car Dealer Incentives Not Taxable as Commission: CESTAT Sets Aside Service Tax Demand on Discounts from Manufacturer [Read Order] Car Dealer Incentives Not Taxable as Commission: CESTAT Sets Aside Service Tax Demand on Discounts from Manufacturer [Read Order]](https://images.taxscan.in/h-upload/2026/04/28/2134787-cestat-car-dealer-incentives-service-tax-demand-cestat-car-dealer-case-taxscan.webp)
![Dept Fails to Specify Clause in SCN: CESTAT Sets Aside Service Tax Demand on Tour Operator [Read Order] Dept Fails to Specify Clause in SCN: CESTAT Sets Aside Service Tax Demand on Tour Operator [Read Order]](https://images.taxscan.in/h-upload/2026/04/24/2134350-dept-specify-clause-in-scn-cestat-sets-aside-service-tax-demand-on-tour-operator-taxscan.webp)
![Dept Fails to Specify Clause in SCN: CESTAT Sets Aside Service Tax Demand on Tour Operator [Read Order] Dept Fails to Specify Clause in SCN: CESTAT Sets Aside Service Tax Demand on Tour Operator [Read Order]](https://images.taxscan.in/h-upload/2026/04/23/2134262-service-tax-demand.webp)
![Service Tax Demand of ₹26.26 Lakh Quashed: CESTAT Confirms Exemption for Own-Truck Operations [Read Order] Service Tax Demand of ₹26.26 Lakh Quashed: CESTAT Confirms Exemption for Own-Truck Operations [Read Order]](https://images.taxscan.in/h-upload/2026/04/19/2133657-service-tax-demand-quashed-cestat-confirms-exemption-own-truck-operations-taxscan.webp)

Kavi Priya
![Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order] Service Tax Not Payable on liquidated damages collected from supplier on account of non-performance of the contracts: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/CESTAT-CESTAT-Bangalore-Service-Tax-liquidated-damages-Taxscan.jpg)
Yogitha S. Yogesh
Rupesh Sharma


Saagarika Gopinath
![Missed the Registration Deadline? ICSI Extends Student Amnesty Scheme 2025 [Read Notification] Missed the Registration Deadline? ICSI Extends Student Amnesty Scheme 2025 [Read Notification]](https://images.taxscan.in/h-upload/2026/05/07/2135795-missed-the-registration-deadline-site-image-2jpg.webp)
![Telangana HC Grants Anticipatory Bail to CA in Share Fraud Case, Cites Precedent on Custodial Interrogation [Read Order] Telangana HC Grants Anticipatory Bail to CA in Share Fraud Case, Cites Precedent on Custodial Interrogation [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135760-telangana-high-court-anticipatory-bail-ca-share-fraud-case-cites-precedent-custodial-interrogation-taxscan.webp)
![Income Calculation Without Deducting GPF/LIC Premiums Upheld: AP HC Enhances Motor Accident Compensation in Reliance General Insurance Case [Read Order] Income Calculation Without Deducting GPF/LIC Premiums Upheld: AP HC Enhances Motor Accident Compensation in Reliance General Insurance Case [Read Order]](https://images.taxscan.in/h-upload/2026/05/07/2135767-andhra-pradesh-high-court-income-calculation-gpf-lic-premiums-motor-accident-compensation-reliance-general-insurance-case.webp)



