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![Provision for discount once accepted by Income Tax Dept as an allowable expense cannot be changed later: Karnataka HC rules in favour of LTI Mindtree Ltd. [Read Order]](https://images.taxscan.in/h-upload/2025/09/24/500x300_2090501-income-tax-dept-income-tax-provision-for-discount-karnataka-hc-taxsacna.webp "Provision for discount once accepted by Income Tax Dept as an allowable expense cannot be changed later: Karnataka HC rules in favour of LTI Mindtree Ltd. [Read Order]")
Provision for discount once accepted by Income Tax Dept as an allowable expense cannot be changed later: Karnataka HC rules in favour of LTI Mindtree Ltd. [Read Order]
In a ruling in favour of LTI Mindtree Ltd, the Karnataka High Court observed that the provision for discount had been discharged fully in the...
![Allahabad HC Quashes Huge Tax Demand: Income Tax Dept Slapped with Rs. 50 Lakhs Cost for Abuse of Power and Violation of Natural Principles [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Allahabad-HC-Tax-Demand-Income-Tax-Dept-Abuse-Violation-of-Natural-Principles-taxscan.jpeg "Allahabad HC Quashes Huge Tax Demand: Income Tax Dept Slapped with Rs. 50 Lakhs Cost for Abuse of Power and Violation of Natural Principles [Read Order]")
![Income Tax Dept Blatantly Violating Natural Justice Principles, Taxpayers cannot Suffer and Put to Harassment: Allahabad HC Imposes Cost of Rs. 50,000 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Dept-Violating-Natural-Justice-Principles-Taxpayers-Harassment-Allahabad-HC-taxscan.jpg "Income Tax Dept Blatantly Violating Natural Justice Principles, Taxpayers cannot Suffer and Put to Harassment: Allahabad HC Imposes Cost of Rs. 50,000 [Read Order]")
![Bidders required to mention GST Rate and HSN Code in Notice Inviting Tender to ensure uniform bidding from all participants: Allahabad High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Bidders-GST-Rate-HSN-Code-Notice-Inviting-Tender-Allahabad-High-court-Taxscan.jpeg "Bidders required to mention GST Rate and HSN Code in Notice Inviting Tender to ensure uniform bidding from all participants: Allahabad High Court [Read Order]")