Tax Guru9h
Consolidation of CIRP of Corporate Debtors can be decided by CoC: NCLT Hyderabad
NCLT Hyderabad held that decision to consolidate, or not, rests with the Committee of Creditors (CoC). However, here since ...
Tax Guru8h
Application for staying auction process not tenable since rejection of resolution plan not objected
NCLAT Chennai held that application for staying auction process of Corporate Debtor not tenable since order rejecting ...
Tax Guru11h
Empanelment of CAs/Cost Accountants for GST Audit in Rajasthan
Office of the Chief Commissioner, State Tax, Rajasthan, invites Chartered Accountants (CAs) and Cost Accountants for ...
Tax Guru10h
Registration to trust u/s. 12AB granted as exemption u/s. 11 not claimed: ITAT Ahmedabad
ITAT Ahmedabad held that registration to trust under section 12AB of the Income Tax Act granted since assessee demonstrated that exemption under section 11 of the Income Tax Act is not claimed.
Tax Guru18h
Second vehicle tax doesn’t apply when old vehicle sold prior to registration of new vehicle: Telangana HC
Telangana High Court held that second vehicle tax under the provisions of Telangana Motor Vehicles Taxation Act doesn’t apply ...
Tax Guru18h
Revenue appeal dismissed in absence of any substantial question of law: Allahabad HC
Allahabad High Court held that no substantial question of law arise since Tribunal after thorough scrutiny concluded that ...
Tax Guru18h
Resolution plan once approved cannot be changed post arbitration proceedings
NCLT Bengaluru held that once the Resolution Plan is approved, no claim that is not a part of the Resolution Plan can exist or continue. Thus, changes in the resolution plan post adjudication of ...