![Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]](https://images.taxscan.in/h-upload/2026/03/06/2128085-cryptojpg.webp "Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]")
Income Tax Rules Amendment: CBDT Expands ‘Financial Assets’ Definition to Cover Crypto-Assets & Digital Currency Accounts [Read Notification]
The Central Board ofDirect Taxes (CBDT) has notified important changes to the Income Tax Rules, 1962, through the Income Tax (First Amendment) Rules,...
![IBBI Disciplinary Committee Holds Resolution Professional Unauthorisedly Reconstited CoC & Filed Misleading Affidavits in Byju’s Parent Company CIRP [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127709-ibbi-disciplinary-committee-holds-resolution-professional-unauthorisedly-reconstited-coc-taxscan.webp "IBBI Disciplinary Committee Holds Resolution Professional Unauthorisedly Reconstited CoC & Filed Misleading Affidavits in Byju’s Parent Company CIRP [Read Order]")
![IBBI Disciplinary Committee Suspends Insolvency Professional’s Authorization for Six Months for Acting Without Valid AFA [Read Order]](https://images.taxscan.in/h-upload/2026/03/03/2127684-ibbi-disciplinary-committee-suspends-authorization-for-six-months-for-acting-afa-.webp "IBBI Disciplinary Committee Suspends Insolvency Professional’s Authorization for Six Months for Acting Without Valid AFA [Read Order]")
![IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]](https://images.taxscan.in/h-upload/2026/03/02/2127597-ibbi-flags-insolvency-professional-for-operating-cirp-account-post-liquidationjpg.webp "IBBI Flags Insolvency Professional for Operating CIRP Account Post-Liquidation, Rejects Procedural Objections [Read Order]")
![No Service Tax On Individual Truck Owners Without Consignment Note: CESTAT Sets Aside ₹3.42 Lakh Service Tax Demand [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127431-no-service-tax-on-individual-truck-owners-cestat-service-tax-demand-.webp "No Service Tax On Individual Truck Owners Without Consignment Note: CESTAT Sets Aside ₹3.42 Lakh Service Tax Demand [Read Order]")
CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]
In a recent decision, the Principal Bench of the National Company Law Appellate Tribunal (NCLAT), New Delhi held that the initiation of Corporate Insolvency Resolution Process (CIRP) under Section 7...
![CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127420-cirp-ibc-not-maintainable-corporate-guarantee-is-capped-below-nclat-.webp "CIRP u/s 7 IBC Not Maintainable Where Corporate Guarantee Is Capped Below ₹1 Cr: NCLAT [Read Order]")
Approved Resolution Plan Cannot Be Reopened Or Remanded By CoC: NCLAT Sets Aside NCLT Order [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT) has held that after the approval of the Resolution Plan by the Committee of Creditors (CoC), it cannot be reopened or ...
![Approved Resolution Plan Cannot Be Reopened Or Remanded By CoC: NCLAT Sets Aside NCLT Order [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127423-resolution-plan-reopened-remanded-coc-nclat-nclt-order-taxscan.webp "Approved Resolution Plan Cannot Be Reopened Or Remanded By CoC: NCLAT Sets Aside NCLT Order [Read Order]")
![Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127408-issuance-of-share-certificates-falls-outside-the-scope-of-rectification-nclat.webp "Issuance Of Share Certificates Falls Outside The Scope Of Rectification u/s 59: NCLAT [Read Order]")
CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore Operational Debt Claim [Read Order]
The Principal Bench of the National Company Law Appellate Tribunal (NCLAT), New Delhi, has held that a Section 9 petition cannot be rejected under Section 10A of the Insolvency and Bankruptcy Code, ...
![CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore Operational Debt Claim [Read Order]](https://images.taxscan.in/h-upload/2026/02/28/2127415-nclat-revives-236-crore-operational-debt-claim-taxscan.webp "CIRP Petition Not Barred u/s 10A For Defaults arising Post-COVID Period: NCLAT Revives ₹2.36 Crore Operational Debt Claim [Read Order]")
Reassignment of Reliance Bhutan Loan to Dissenting Creditors Invalid: NCLAT Dismisses Bank of Baroda Appeal [Read Order]
The National Company Law Appellate Tribunal (NCLAT) rejected the appeal filed by Bank of Baroda holding that the reallocation of the Reliance Bhutan Loan in favor of the dissenting financial...
![Reassignment of Reliance Bhutan Loan to Dissenting Creditors Invalid: NCLAT Dismisses Bank of Baroda Appeal [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127029-reassignment-reliance-bhutan-loan-dissenting-creditors-invalid-nclat-taxscan.webp "Reassignment of Reliance Bhutan Loan to Dissenting Creditors Invalid: NCLAT Dismisses Bank of Baroda Appeal [Read Order]")
![CoC Cannot Modify Distribution Mechanism After Approval of Resolution Plan: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/02/25/2127017-coc-cannot-modify-distribution-mechanism-after-approval-resolution-plan-nclat-taxscan.webp "CoC Cannot Modify Distribution Mechanism After Approval of Resolution Plan: NCLAT [Read Order]")
![Benami Attachment Orders Cannot Be Challenged Before NCLT Under IBC: Supreme Court [Read Judgement]](https://images.taxscan.in/h-upload/2026/02/25/2127053-benami-attachment-orders-challenged-nclt-ibc-supreme-court.webp "Benami Attachment Orders Cannot Be Challenged Before NCLT Under IBC: Supreme Court [Read Judgement]")