Laksita P
![Punjab and Haryana HC Denies Bail to 70-Yr Old Advocate Accused of Demanding ₹30L Bribe for securing Favourable Judicial Order [Read Order]](https://images.taxscan.in/h-upload/2026/02/05/2123838-punjab-haryana-hc-denies-bail-old-advocate-accused-demanding-bribe-securing-favourable-judicial-order-taxscan.webp "Punjab and Haryana HC Denies Bail to 70-Yr Old Advocate Accused of Demanding ₹30L Bribe for securing Favourable Judicial Order [Read Order]")
Punjab and Haryana HC Denies Bail to 70-Yr Old Advocate Accused of Demanding ₹30L Bribe for securing Favourable Judicial Order [Read Order]
The Punjab and Haryana High Court has denied bail to an advocate accused of demanding ₹30,00,000 as illegal gratification to secure a favourable...
![₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]](https://images.taxscan.in/h-upload/2026/02/03/2123601-itat-new-delhi-income-tax-addition-unaccounted-profit-business-transaction-fresh-adjudication-cita-taxscan.webp "₹1.38 Cr Income Tax Addition on Unaccounted Profit from Business Transaction: ITAT Directs Fresh Adjudication by CIT(A) [Read Order]")
![Standard Assets Eligible for Deduction u/s 36(1)(viia): ITAT Quashes Income Tax Proceedings against Bajaj Finance [Read Order]](https://images.taxscan.in/h-upload/2026/02/03/2123555-standard-assets-eligible-deduction-us-36-1viia-itat-quashes-income-tax-proceedings-against-bajaj-finance-taxscan.webp "Standard Assets Eligible for Deduction u/s 36(1)(viia): ITAT Quashes Income Tax Proceedings against Bajaj Finance [Read Order]")
![Union Budget 2026-27: Small Taxpayers to Obtain Lower or Nil Deduction Certificates Without Approaching the Assessing Officer [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/2123084-union-budget-2026-27-small-taxpayers-obtain-lower-nil-deduction-certificates-assessing-officer-taxscan.webp "Union Budget 2026-27: Small Taxpayers to Obtain Lower or Nil Deduction Certificates Without Approaching the Assessing Officer [Read Finance Bill 2026]")
![Major Tax Changes in IT Sector: Safe harbour threshold increased from ₹300 crore to ₹2,000 crore [Read Finance Bill 2016]](https://images.taxscan.in/h-upload/2026/02/01/2122949-major-tax-changes-it-sector-safe-harbour-threshold-increased-taxscan.webp "Major Tax Changes in IT Sector: Safe harbour threshold increased from ₹300 crore to ₹2,000 crore [Read Finance Bill 2016]")
Budget 2026-27: Amendment to S. 34 of CGST Act Clarifies Validity of Credit Notes for Post-Sale Discounts [Read Finance Bill 2026]
Section 34 of the Central Goods and Services Tax (CGST) Act, 2017 deals with the issuance of credit notes and debit note by the suppliers. Under this section, a supplier may issue a credit note when...
![Budget 2026-27: Amendment to S. 34 of CGST Act Clarifies Validity of Credit Notes for Post-Sale Discounts [Read Finance Bill 2026]](https://images.taxscan.in/h-upload/2026/02/01/2123016-budget-2026-27-amendment-s-34-of-cgst-act-credit-notes-post-sale-discounts-taxscan.webp "Budget 2026-27: Amendment to S. 34 of CGST Act Clarifies Validity of Credit Notes for Post-Sale Discounts [Read Finance Bill 2026]")
Interest on Investment by Co-operative Society with another Co-operative Society Eligible for Income Tax Deduction u/s 80P: ITAT [Read Order]
The Income Tax Appellate Tribunal, (ITAT), Pune Bench, held that the interest income earned by a Co-operative society from investment made with another Co-operative society is eligible for ...
![Interest on Investment by Co-operative Society with another Co-operative Society Eligible for Income Tax Deduction u/s 80P: ITAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/30/2122603-interest-investment-co-operative-society-another-co-operative-society-taxscan.jfif "Interest on Investment by Co-operative Society with another Co-operative Society Eligible for Income Tax Deduction u/s 80P: ITAT [Read Order]")
AO & CIT(A) Denied Hearing in Income Tax Assessment: ITAT Directs De Novo Speaking Order for ₹17L Addition u/s 69A [Read Order]
The Income Tax Appellate Tribunal(ITAT), Lucknow bench, directed an Assessment officer (AO) to issue a De Novo Speaking Order for addition of ₹17,94,286 under section 69A of Income Tax Act, 1961,...
![AO & CIT(A) Denied Hearing in Income Tax Assessment: ITAT Directs De Novo Speaking Order for ₹17L Addition u/s 69A [Read Order]](https://images.taxscan.in/h-upload/2026/01/29/2122502-ao-cit-a-denied-hearing-income-tax-assessment-itat-directs-de-novo-speaking-order-17l-addition-69a-taxscan.webp "AO & CIT(A) Denied Hearing in Income Tax Assessment: ITAT Directs De Novo Speaking Order for ₹17L Addition u/s 69A [Read Order]")
Relief to Honda India: ITAT quashes Income Tax Assessment Order passed beyond Limitation Period u/s 144C [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench quashed an assessment order passed by Assessment officer (AO) against Honda India Power Products Ltd, and held that the assessment order was...
![Relief to Honda India: ITAT quashes Income Tax Assessment Order passed beyond Limitation Period u/s 144C [Read Order]](https://images.taxscan.in/h-upload/2026/01/28/2122242-relief-honda-india-itat-quashes-income-tax-assessment-order-taxscan.webp "Relief to Honda India: ITAT quashes Income Tax Assessment Order passed beyond Limitation Period u/s 144C [Read Order]")
Mandatory Three Month Gap Required between SCN and Final Order u/s 73 of GST Act: Bombay HC [Read Order]
The Bombay High Court (Nagpur Bench) held that there must be mandatory three month gap between the issuance of show cause notice (SCN) and passing of final order under section 73 of Central Goodsand...
![Mandatory Three Month Gap Required between SCN and Final Order u/s 73 of GST Act: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/27/2122057-bombay-high-court-gst-ruling-taxscan.webp "Mandatory Three Month Gap Required between SCN and Final Order u/s 73 of GST Act: Bombay HC [Read Order]")