The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the Revenue’s appeal in DCIT v. Bharat Kalia, holding that no addition under Section 50CA of the Income Tax Act, 1961 can be made where the sale consideration Read more…
Author: Team Law Notify
Law Notify is an independent legal information platform working in the field of law science since 2018. It focuses on reporting court news, landmark judgments, and developments in laws, rules, and government notifications.
April 10, 2026 : The National Company Law Tribunal, Kochi Bench has admitted a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016 against Seguro Foundations & Structures Pvt. Ltd. for non-payment of salary dues, holding that the Read more…
April 10, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has declined to condone a delay of 112 days in re-filing an appeal by Kotak Mahindra Bank Ltd. in the insolvency matter of DBM Geotechnics Read more…
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has held that a delay in filing Form No. 67 is merely a procedural lapse and cannot be used as a ground to deny foreign tax credit (FTC) under Section Read more…
April 10, 2026 : The National Company Law Appellate Tribunal (NCLAT) has upheld the initiation of Corporate Insolvency Resolution Process (CIRP) against Supreme Best Value Kolhapur (Shiroli) Sangli Tollways Pvt. Ltd., holding that the existence of a favourable arbitral award does Read more…
April 10, 2026 : The National Company Law Tribunal (NCLT), Kochi Bench, has condoned a delay of 470 days in filing a claim by Federal Bank Limited in bankruptcy proceedings against personal guarantor Reena Paul, holding that the delay was Read more…
April 10, 2026 : A second-year BTech student died after falling from the ninth floor of a hostel building in north Bengaluru, triggering serious questions about the circumstances surrounding his death and prompting allegations of foul play by his family. The Read more…
April 11, 2026 : A legal awareness camp was organized at the Bank of Baroda premises in Kondagaon to spread awareness among citizens about their legal rights and the upcoming National Lok Adalat scheduled for May 9. The initiative was Read more…
April 11, 2026 : A one-day divisional judicial seminar for judicial officers of the Durg Division was held at the District Court, Durg, bringing together 92 judicial officers from five civil districts Durg, Balod, Bemetara, Kawardha, and Rajnandgaon. The programme Read more…
April 10, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that a final assessment order passed without first issuing a draft assessment order under Section 144C(1) of the Income Tax Act is legally untenable Read more…