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.
![ITAT Cannot Grant S. 12A Registration Based Solely on Oral Submissions Without Evidence: Punjab & Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126876-itat-registration-based-solely-on-oral-submissions-without-evidence-taxscan.webp "ITAT Cannot Grant S. 12A Registration Based Solely on Oral Submissions Without Evidence: Punjab & Haryana HC [Read Order]")
ITAT Cannot Grant S. 12A Registration Based Solely on Oral Submissions Without Evidence: Punjab & Haryana HC [Read Order]
In a recent ruling, the Punjab and Haryana High Court held that the Income Tax Appellate Tribunal cannot grant registration under Section 12A of the...
![Profit from Sale of Unlisted Shares of ICICI Bank Held for 6 Years Taxable as LTCG, Not Business Income: Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/24/2126856-profit-from-sale-of-unlisted-shares-of-icici-bankjpg.webp "Profit from Sale of Unlisted Shares of ICICI Bank Held for 6 Years Taxable as LTCG, Not Business Income: Calcutta HC [Read Order]")
![Bonafide Error Cannot Defeat Substantive Transitional ITC Claim: Kerala HC Allows Rectification of Revised TRAN Filing [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126602-bonafide-transitional-itc-claim-kerala-hc-tran-.webp "Bonafide Error Cannot Defeat Substantive Transitional ITC Claim: Kerala HC Allows Rectification of Revised TRAN Filing [Read Order]")
![Charging Franchise Fee by Educational Society is Incidental Activity, Not Commercial Venture: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126618-delhi-hcjpg.webp "Charging Franchise Fee by Educational Society is Incidental Activity, Not Commercial Venture: Delhi HC [Read Order]")
No S. 80-IC Benefit on Duty Drawback as it is not Income Derived from Industrial Undertaking: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that duty drawback cannot be allowed as deduction under Section 80-IC of the Income Tax Act because it is not income derived from the industrial...
![No S. 80-IC Benefit on Duty Drawback as it is not Income Derived from Industrial Undertaking: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/21/2126625-no-s-80-ic-benefit-on-dutyjpg.webp "No S. 80-IC Benefit on Duty Drawback as it is not Income Derived from Industrial Undertaking: Delhi HC [Read Order]")
Income Tax Reassessment Based Solely on Audit Objection After Scrutiny is Change of Opinion: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that income tax reassessment initiated solely on the basis of an audit objection, after the issue was already examined in a scrutiny assessment,...
![Income Tax Reassessment Based Solely on Audit Objection After Scrutiny is Change of Opinion: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126524-income-tax-reassessment-13jpg.webp "Income Tax Reassessment Based Solely on Audit Objection After Scrutiny is Change of Opinion: Delhi HC [Read Order]")
Foreign Tax Credit Cannot Be Denied for Delay in Filing Form 67, PCIT Has Power to Condone Default u/s 264: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that foreign tax credit (FTC) cannot be denied only because Form 67 was filed late and the Principal Commissioner of Income Tax (PCIT) has enough power...
![Foreign Tax Credit Cannot Be Denied for Delay in Filing Form 67, PCIT Has Power to Condone Default u/s 264: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126529-foreign-tax-credit-cannot-be-denied-for-delay-in-filing-form-67-taxscan.webp "Foreign Tax Credit Cannot Be Denied for Delay in Filing Form 67, PCIT Has Power to Condone Default u/s 264: Delhi HC [Read Order]")
Calcutta HC Restores GST Registration Cancelled for Non-Filing of Returns for Six Months, Grants Taxpayer One More Opportunity [Read Order]
In a recent ruling, the Calcutta High Court restored a Goods and Services Tax (GST) registration that was cancelled for non-filing of returns for six months and granted the taxpayer one more...
![Calcutta HC Restores GST Registration Cancelled for Non-Filing of Returns for Six Months, Grants Taxpayer One More Opportunity [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126502-calcutta-hc-restores-gst-registration-cancelled-taxscan.webp "Calcutta HC Restores GST Registration Cancelled for Non-Filing of Returns for Six Months, Grants Taxpayer One More Opportunity [Read Order]")
S. 158BA(2) Abatement Not Automatic Unless Case Falls Under Block Assessment Scheme: Orissa HC Refuses to Quash Scrutiny Assessment after Search [Read Order]
In a recent ruling, the Orissa High Court held that abatement under Section 158BA(2) is not automatic just because a search is conducted, and it applies only when the case actually falls under the...
![S. 158BA(2) Abatement Not Automatic Unless Case Falls Under Block Assessment Scheme: Orissa HC Refuses to Quash Scrutiny Assessment after Search [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126505-158ba2-abatement-automatic-case-assessment-scheme-orissa-hc.webp "S. 158BA(2) Abatement Not Automatic Unless Case Falls Under Block Assessment Scheme: Orissa HC Refuses to Quash Scrutiny Assessment after Search [Read Order]")
Levy Includes Imposition, Assessment & Recovery: Madras HC Upholds Application of Excise Act to Recover Clean Environment Cess [Read Order]
In a recent ruling, the Madurai Bench of the Madras High Court held that the word “levy” under Section 83(7) of the Finance Act, 2010 includes imposition, assessment and recovery of Clean...
![Levy Includes Imposition, Assessment & Recovery: Madras HC Upholds Application of Excise Act to Recover Clean Environment Cess [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126487-levy-includes-imposition-madras-hc-upholds-application-of-excise-act-.webp "Levy Includes Imposition, Assessment & Recovery: Madras HC Upholds Application of Excise Act to Recover Clean Environment Cess [Read Order]")
GST Registration Cancellation cannot be used as Coercive Tool during Investigation: Gauhati HC [Read Order]
In a recent ruling, the Gauhati High Court held that cancellation of Goods and ServicesTax (GST) registration cannot be used as a coercive tool during investigation, and that the proper officer must...
![GST Registration Cancellation cannot be used as Coercive Tool during Investigation: Gauhati HC [Read Order]](https://images.taxscan.in/h-upload/2026/02/20/2126489-gst-registration-cancellation-coercive-tool-during-investigation.webp "GST Registration Cancellation cannot be used as Coercive Tool during Investigation: Gauhati HC [Read Order]")