![Supreme Court upholds ITAT order refusing to condone Delay in filing Appeal due to Gross Negligence of Assessee [Read Judgement]](https://images.taxscan.in/h-upload/2025/09/29/500x300_2092456-supreme-court-upholds-itat-order-taxscan.webp "Supreme Court upholds ITAT order refusing to condone Delay in filing Appeal due to Gross Negligence of Assessee [Read Judgement]")
Supreme Court upholds ITAT order refusing to condone Delay in filing Appeal due to Gross Negligence of Assessee [Read Judgement]
The Supreme Court upheld the Income Tax Appellate Tribunal ( ITAT ) order which refused to condone the delay in filing appeal due to gross ...
![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/2025/09/24/250x150_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]")
![Karnataka HC upholds ITAT ruling Classifying Toyota Tsusho India Pvt ltd as Not a Wholesale Trader [Read Order]](https://images.taxscan.in/h-upload/2025/09/11/250x150_2085642-karnataka-high-court-karnataka-hc-upholds-itat-ruling-toyota-tsusho-india-pvt-ltd-taxscan.webp "Karnataka HC upholds ITAT ruling Classifying Toyota Tsusho India Pvt ltd as Not a Wholesale Trader [Read Order]")
![Deletion of Addition Linked to Alleged Bogus Penny Stock Companys LTCG Claim: MP HC dismisses Appeal of Income Tax Dept [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/madhya-pradesh-high-court-dismissal-long-term-capital-gains-deletion-of-addition-of-alleged-bogus-penny-stock-company-taxscan.jpg "Deletion of Addition Linked to Alleged Bogus Penny Stock Companys LTCG Claim: MP HC dismisses Appeal of Income Tax Dept [Read Order]")
![Onus is on Income Tax Dept to Prove that Investments Made through Banking Channels is Doubtful: Allahabad HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Income-Tax-Department-Banking-Channels-Investment-through-Banking-Channel-Allahabad-High-Court-Investment-taxscan.jpg "Onus is on Income Tax Dept to Prove that Investments Made through Banking Channels is Doubtful: Allahabad HC [Read Order]")
High Court to formulate Substantial Question of Law & only thereafter hear Appeal on Merits: Supreme Court [Read Judgment]
The Supreme Court, while setting aside the judgment of the Delhi High Court held that the High Court must formulate the substantial question of law and only thereafter hear an appeal on merits. The...
![High Court to formulate Substantial Question of Law & only thereafter hear Appeal on Merits: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/07/Supreme-Court-Substantial-Question-Law-Taxscan.jpg "High Court to formulate Substantial Question of Law & only thereafter hear Appeal on Merits: Supreme Court [Read Judgment]")
Mere Dissatisfaction with the Findings of Tribunal not a ground for appeal before the High Court: Karnataka High Court [Read Judgment]
The Karnataka High Court in the case of Pr. Commissioner of Income Tax v. M/s. Softbrands India P. Ltd. has held that the lower revenue authorities cannot be allowed to make it their prestige issue,...
![Mere Dissatisfaction with the Findings of Tribunal not a ground for appeal before the High Court: Karnataka High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/07/Karnataka-High-Court-Tax-Scan.jpg "Mere Dissatisfaction with the Findings of Tribunal not a ground for appeal before the High Court: Karnataka High Court [Read Judgment]")
Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]
In the Case, Commissioner of Income Tax vs Ram Kumar Duhan, Punjab and Haryana High Court has deleted the addition made by the Assessing Officer (AO) since the transfer of land to Assessee was to...
![Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Punjab & Haryana HC deletes Addition since Transfer of Land to Assessee was to Facilitate Conversion of Agricultural Land to Non-Agricultural Land as per the State Laws [Read Judgment]")
Share Application Money cannot be deemed as Unexplained when the payment is Evident through Bank Details: Delhi HC [Read Judgment]
Recently a two-judge bench of Delhi High Court in Commissioner of Income Tax (Central) Vs. M/S Russian Technology Centre (P)Ltd. held that share application money cannot be deemed as unexplained when...
![Share Application Money cannot be deemed as Unexplained when the payment is Evident through Bank Details: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Share Application Money cannot be deemed as Unexplained when the payment is Evident through Bank Details: Delhi HC [Read Judgment]")