The Court addressed the delay in executing a Section 14 SARFAESI order and directed authorities to hand over possession within four weeks. The ruling ensures timely implementation despite ...

The Tribunal confirmed that unsecured loans of ₹1.77 crore were genuine, supported by account-payee cheques, NBFC registration, bank statements, and confirmations. AO’s additions were based on ...

The Tribunal held that the incorrect carry-forward loss claim arose from an inadvertent mistake and was not deliberate. The penalty was deleted after noting absence of concealment or inaccurate ...

The Calcutta High Court dismissed the writ petition, confirming the petitioner’s repatriation under DOPT OM 17-06-2010. The CAT’s findings on unsuitability and compliance with notice requirements were ...

The judgment confirmed that Section 11(2) of the EPF Act creates a first charge that overrides SARFAESI’s priority clause. Thus, provident fund contributions, interest, penalties, and damages must be ...

NCLAT ruled that GST dues of a corporate debtor, once admitted in CIRP, transform into operational debt, allowing assignment to a private creditor. The appeal challenging the debt transfer was ...

The Tribunal remanded the matter after noting that both assessment and appellate orders were passed ex parte. The case was returned to the AO with directions to provide the assessee a fresh ...

The DRAT set aside the DRT order directing the bank to update credit information, ruling that former directors and guarantors cannot reopen withdrawn loan proceedings to alter CIBIL ...

CESTAT Delhi upheld a ₹10 lakh penalty on a customs broker for filing benami Shipping Bills without exporter authorization, confirming liability for mis-declared ...

The appellate tribunal restrained the bank from taking physical possession of the property until disposal of the pending ...

The petitioner challenged an Income Tax Order under Sections 144/144B for failure to respond to notices. The Madras HC allowed a fresh opportunity to submit replies and documents, directing compliance ...

The Chennai Tribunal upheld penalties against custodians, steamer agents, and employees for removing seized goods without permission, confirming accountability under the Customs ...