Corporate Law
Corporate Law
Promoter Disclosure Lapse: IRDAI Rejects Anatoly Broker Application
IRDAI rejected Anatoly’s broker application over an undisclosed promoter association and fit and proper concerns arising from Kaveri’s regulatory violations.
Income Tax
Income Tax
Custom Duty
Goods and Services Tax
Net Direct Tax Collections Rise 13.21% as on 14 October 2026
SC Dismisses Revenue SLPs After Fresh Notice in Reliance Industries Amalgamation Tax Dispute
DRI Summons Dispute Under Customs Act Must Be Heard by Revenue Roster Bench: Calcutta HC
GST Cannot Be Levied on Projected Revenue Before Construction Begins: Madras HC
Income Tax
Goods and Services Tax
GSTR-2A Mismatch Alone Cannot Establish Wrongful ITC Availment: GSTAT Lucknow
E-Way Bill Part B Not Mandatory for Initial Movement Within 50 Km: GSTAT Ghaziabad
Commissioner’s Routine Approval Cannot Override GST Appeal Monetary Limit: GSTAT Ghaziabad
Signed DRC-07 Cannot Validate an Unsigned Detailed GST Order: Madras HC
Corporate Law
Show-Cause Stage Requires Borrower Response Before Final Determination: Calcutta HC
Transferred Winding-Up Proceedings Cannot Bypass CIRP: NCLT Principal Bench, New Delhi
100% CoC Approval Cannot Save Resolution Plan With Unresolved Asset Issues: NCLT Delhi
GST Department With 99.66% Voting Share Approves Liquidation: NCLT Cuttack
Custom Duty
Domestic Vehicle Confiscation Appeal Lies Before CESTAT: Madras HC, Madurai Bench
Notification No. 83/2026-Customs (N.T.) – Mandalgarh, Bhilwara Added as Customs Port in Rajasthan
Betel Nut Import Value Cannot Be Enhanced Without Comparable Evidence: CESTAT Bangalore
₹582 Crore Import Overvaluation Allegations Insufficient to Sustain Customs Penalties: CESTAT Mumbai
Company Law
Extension of Resolution Plan Payment Timeline Does Not Amount to Modification: NCLAT Delhi
Struck-Off Company Can Be Wound Up on Just and Equitable Grounds: NCLT Chennai
NCLT Ahmedabad Dispenses With Creditors’ Meetings in Wholly Owned Subsidiary Amalgamation
Debt Acknowledgments Defeat Pre-Existing Dispute Defence Against CIRP: NCLT Mumbai
CA, CS, CMA
DGFT Revises Export Policy for Prepared Culture Media Under ITC HS 38210000
DGFT Extends Minimum Import Price on Glufosinate Imports Till 12th April 2027
DGFT Clarifies Silver Import Rules Under ITC(HS) 71069221: Authorisation Sufficient
DGFT Amends Para 4.49 of FTP 2023 for Rough Diamond Trading in Special Notified Zones
Judiciary & Case Law
All Judgments →
ITAT Mumbai
ITA No.5735/MUM/2026
Penalty on Education Cess Deduction Based on Prevailing HC Ruling Deleted: ITAT Mumbai
ITAT Mumbai deleted a ₹2.70 lakh Section 270A penalty, finding education cess and ₹550 GST late fee deduction claims bona fide.
October 15, 2026
Delhi NCLT
CP (IB) No.172/(PB)/2026
Voluntary Liquidation Approved Despite Delay Due to EPF and ESI Claims: NCLT Delhi
NCLT Principal Bench, New Delhi allowed Centerpiece’s dissolution, condoned liquidation delay and directed future liabilities to be dealt with under law.
October 15, 2026
CESTAT Kolkata
Service Tax Appeal No. 75351 of 2017
Actual Receipts Govern Service Tax Demand for 2006–09: CESTAT Kolkata Orders Requantification
CESTAT Kolkata remands Britannia Engineering’s service tax demand for 2006–09 to verify actual receipts, contract dates and pre-levy services.
October 15, 2026
Featured Experts & Authors
Contributing Author
CA Manish Gugliya (FCA, DISA, M.Com.) is a practicing Chartered Accountant with over 20 years of…
