Kavi Priya
Content writer at Taxscan with a passion for clear, engaging legal content. I simplify tax and law topics while sharpening my research and communication skills.
![Excel Sheet Found During Income Tax Search at Builder’s Premises Indicating Cash Transaction Sufficient to Initiate Reassessment: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118244-excel-sheet-found-during-income-tax-search-builders-premises-indicating-cash-transaction-sufficient-to-initiate-reassessment-delhi-hc-taxscan.webp "Excel Sheet Found During Income Tax Search at Builder’s Premises Indicating Cash Transaction Sufficient to Initiate Reassessment: Delhi HC [Read Order]")
Excel Sheet Found During Income Tax Search at Builder’s Premises Indicating Cash Transaction Sufficient to Initiate Reassessment: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that an Excel sheet recovered during an income tax search at a builder’s premises indicating a cash...
![MCA Imposes ₹5 Lakh Penalty on SAEL Industries for 6-Month Delay in Appointing CFO [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118153-mca-imposes-5-lakh-penalty-on-sael-industries-for-6-month-delay-in-appointing-cfo.webp "MCA Imposes ₹5 Lakh Penalty on SAEL Industries for 6-Month Delay in Appointing CFO [Read Order]")
![CBI Supplied All Relied & Un-Relied Documents in Loan Fraud Case: Delhi HC Refuses to Summon DRT Records [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118229-cbi-supplied-all-relied-un-relied-documents-in-loan-fraud-case-delhi-hc.webp "CBI Supplied All Relied & Un-Relied Documents in Loan Fraud Case: Delhi HC Refuses to Summon DRT Records [Read Order]")
![SEBI Notifies Stock Brokers Regulations 2026, Allows Brokers to Take up Other Activities With Compliance Riders [Read Notification]](https://images.taxscan.in/h-upload/2026/01/10/250x150_2118218-sebi-notifies-stock-brokers-regulations-taxscan.jfif "SEBI Notifies Stock Brokers Regulations 2026, Allows Brokers to Take up Other Activities With Compliance Riders [Read Notification]")
![General Penalty u/s 125 Cannot Be Imposed When Late Fee is Levied u/s 47: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/10/500x300_2118150-general-penalty-imposed-late-fee-levied-madras-hc-taxscan.webp "General Penalty u/s 125 Cannot Be Imposed When Late Fee is Levied u/s 47: Madras HC [Read Order]")
Delayed Income Tax TDS Deposit Does Not Extinguish Criminal Liability, Managing Director Must Face Trial: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that belated deposit of Tax Deducted at Source (TDS) does not extinguish criminal liability and that a Managing Director cannot avoid prosecution...
![Delayed Income Tax TDS Deposit Does Not Extinguish Criminal Liability, Managing Director Must Face Trial: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/500x300_2118042-delayed-income-tax-tds-deposit-does-extinguish-criminal-liability-managing-director-must-face-trial-delhi-hc-taxscan.webp "Delayed Income Tax TDS Deposit Does Not Extinguish Criminal Liability, Managing Director Must Face Trial: Delhi HC [Read Order]")
Supreme Court Upholds ITAT Order Restoring Income Tax Appeal Despite Pending Settlement Proceedings [Read Order]
The Supreme Court has upheld the order of the Income Tax Appellate Tribunal (ITAT) restoring an income tax appeal even though settlement proceedings before the Income Tax Settlement Commission were...
![Supreme Court Upholds ITAT Order Restoring Income Tax Appeal Despite Pending Settlement Proceedings [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/500x300_2117981-supreme-court-upholds-itat-order-restoring-income-tax-appeal.webp "Supreme Court Upholds ITAT Order Restoring Income Tax Appeal Despite Pending Settlement Proceedings [Read Order]")
GST Refund on Exports Cannot Be Rejected Only for Delay in Furnishing LUT or Bond: Karnataka HC [Read Order]
In a recent ruling, the Karnataka High Court held that a GST refund on exports cannot be rejected only because the exporter did not furnish a Letter of Undertaking (LUT) or Bond before making the...
![GST Refund on Exports Cannot Be Rejected Only for Delay in Furnishing LUT or Bond: Karnataka HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/09/500x300_2117974-gst-refund-exports-cannot-rejected-only-for-delay-furnishing-lut-bond-karnataka-hc-taxscan.webp "GST Refund on Exports Cannot Be Rejected Only for Delay in Furnishing LUT or Bond: Karnataka HC [Read Order]")
Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]
In a recent ruling, the Telangana High Court held that income earned from the sale of tissue-cultured plants constitutes agricultural income and is exempt from income tax. A.G. Biotech...
![Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117844-2103973-agricultral-income-taxscan.webp "Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]")