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Month: August 2026

  • Home
  • 2026
  • August
  • Page 27
Suspended Director of Monte Carlo Limited Challenges Insolvency Ruling in Appellate Tribunal
Posted inBlog

Suspended Director of Monte Carlo Limited Challenges Insolvency Ruling in Appellate Tribunal

On August 3, 2026, the National Company Law Appellate Tribunal convened in hybrid mode to hear a high-profile corporate insolvency appeal filed by Mrunal Kanubhai Patel, the suspended director and…
Posted by Prasenjit Bhowmik August 4, 2026
Judicial Crackdown on Dilatory Tactics: Supreme Court Condemns Prolonged Civil Litigation Delays
Posted inBlog

Judicial Crackdown on Dilatory Tactics: Supreme Court Condemns Prolonged Civil Litigation Delays

In a strongly worded ruling on July 28, 2026, the highest court addressed a decade-old eviction dispute in the matter of A One Infrastructure vs Commissioner, severely criticizing the systemic…
Posted by Prasenjit Bhowmik August 4, 2026
Legal Proceedings Advance in M/S Alpha Corp Development vs Puran Chand Case
Posted inBlog

Legal Proceedings Advance in M/S Alpha Corp Development vs Puran Chand Case

On July 28, 2026, legal proceedings in the revision petition involving M/S Alpha Corp Development Pvt. Ltd. and respondent Mr. Puran Chand progressed at the national consumer forum.The hearing brought…
Posted by Prasenjit Bhowmik August 4, 2026
L&T Finance Files Appeal Against Karimnagar Consumer Commission Order
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L&T Finance Files Appeal Against Karimnagar Consumer Commission Order

On July 29, 2026, L&T Finance Ltd. formally filed an appeal under Section 41 of the Consumer Protection Act, 2019, challenging a prior District Consumer Disputes Redressal Commission directive. The…
Posted by Prasenjit Bhowmik August 4, 2026
Legal Challenges Unfold in Corporate Insolvency Resolution Process Involving Axis Bank and Ssarvi Resolution Services
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Legal Challenges Unfold in Corporate Insolvency Resolution Process Involving Axis Bank and Ssarvi Resolution Services

On August 3, 2026, legal proceedings regarding the corporate insolvency resolution process of Ssarvi Resolution Services LLP continued to draw attention within the financial sector. The case centers on financial…
Posted by Prasenjit Bhowmik August 4, 2026
Customs Tribunal Issues Final Ruling on Import Appeal Involving Nhava Sheva Authority and Sun Tex
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Customs Tribunal Issues Final Ruling on Import Appeal Involving Nhava Sheva Authority and Sun Tex

On July 31, 2026, the customs appellate tribunal delivered a definitive ruling regarding a long-standing import dispute between the Commissioner of Customs at Nhava Sheva and respondent firm Sun Tex.…
Posted by Prasenjit Bhowmik August 4, 2026
ITAT Pune Sets Aside Denial of Section 80P(2)(d) Deduction on Interest Income
Posted inBlog

ITAT Pune Sets Aside Denial of Section 80P(2)(d) Deduction on Interest Income

In a recent ruling, the Pune bench of the Income Tax Appellate Tribunal (ITAT) addressed a significant tax dispute involving a housing co-operative society. The judicial body ruled in favor…
Posted by Prasenjit Bhowmik August 4, 2026
ITAT Delhi Quashes Reassessment Due to Jurisdictional Lapses by Income Tax Officer
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ITAT Delhi Quashes Reassessment Due to Jurisdictional Lapses by Income Tax Officer

The Delhi bench of the Income Tax Appellate Tribunal (ITAT) has formally quashed a tax reassessment proceeding in a recent ruling. According to reports, the tribunal determined that the assessing…
Posted by Prasenjit Bhowmik August 4, 2026
Telangana High Court Upholds Audio Cassettes Sales Tax Benefit
Posted inBlog

Telangana High Court Upholds Audio Cassettes Sales Tax Benefit

The Telangana High Court ruled that audio cassettes keep their concessional sales tax benefits, rejecting a Revenue department appeal to end the exemption.
Posted by Prasenjit Bhowmik August 4, 2026
ITAT Pune Sets Aside CIT(A) Order for Denial of Video Conferencing Hearing
Posted inBlog

ITAT Pune Sets Aside CIT(A) Order for Denial of Video Conferencing Hearing

Discover how a landmark ITAT Pune ruling reinforces taxpayer rights by overturning a tax order due to the denial of a virtual hearing.
Posted by Prasenjit Bhowmik August 4, 2026

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Recent Comments

  1. Misuse of SARFAESI Act: Borrower Concerns and Banking Practices – smeaccountant on Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
  2. Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited – smeaccountant on Legal Proceedings Advance in Mehul Narayan Thakkar vs Rukshmani Syntex Private Limited
  3. Understanding the Order to Cash (O2C) Cycle: Process, Controls, and Metrics – smeaccountant on Financial Institution Appeals District Consumer Commission Order in Gurdaspur
  4. Revision Petition Dismissed Over Unexplained 1,142-Day Delay in Legal Proceedings – smeaccountant on Omaxe New Chandigarh Developers Challenges District Commission Orders in Revision Petition
  5. Adani Power Challenges Maharashtra Regulatory Commission Order in Landmark Appeal – smeaccountant on MSEDCL Seeks Withdrawal of Appeal in Regulatory Dispute with JSW Energy

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