![Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Orders-Conclusive-Discharge-of-Disproportionate-Assets-Cases-Supreme-Court-TAXSCAN.jpg "Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]")
Income Tax Orders being not Conclusive Proofs not to be used for Discharge of Disproportionate Assets Cases: Supreme Court [Read Judgement]
A Two-Judge Bench of the Supreme Court held that the proceedings under the Income Tax Act and its evidentiary value remains a matter of trial and...
![10 Years Delay in completing remanded Income Tax Proceeding: Kerala HC directs to decide Appeal Expeditiously [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Kerala-high-court-Income-Tax-Income-Tax-Proceedings-Remanded-Income-Tax-Proceeding-TAXSCAN.jpg "10 Years Delay in completing remanded Income Tax Proceeding: Kerala HC directs to decide Appeal Expeditiously [Read Order]")
![SLP challenging Order Quashing Notice Issued u/s 148 of Income Tax Act, after 16 years: SC Upholds Order of Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Special-leave-petition-Supreme-Court-Delhi-High-court-SLP-challenging-Order-Quashing-Notice-Issued-TAXSCAN.jpg "SLP challenging Order Quashing Notice Issued u/s 148 of Income Tax Act, after 16 years: SC Upholds Order of Delhi HC [Read Order]")
Transactions concerning Mutual Funds are in nature of Investment and not motivated by trade: Delhi HC [Read Order]
The Delhi High Court in an appeal preferred by the Principal Commissioner of Income Tax observed that the Transactions concerning mutual funds are in nature of investment and not motivated by trade. ...
![Transactions concerning Mutual Funds are in nature of Investment and not motivated by trade: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-high-court-Mutual-Funds-Delhi-High-Court-in-Mutual-Fund-Nature-of-Investment-Income-tax-TAXSCAN.jpg "Transactions concerning Mutual Funds are in nature of Investment and not motivated by trade: Delhi HC [Read Order]")
Functional Dissimilarity between Companies and Assessee: Delhi HC upholds Order of ITAT Directing Exclusion of Comparables [Read Order]
The Delhi High Court upheld the order of the Income Tax Appellate Tribunal (ITAT) directing the exclusion of comparables as there was functional dissimilarity between the companies and the assessee. ...
![Functional Dissimilarity between Companies and Assessee: Delhi HC upholds Order of ITAT Directing Exclusion of Comparables [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Functional-Dissimilarity-Companies-Assessee-Delhi-HC-ITAT-Exclusion-of-Comparables-taxscan.jpg "Functional Dissimilarity between Companies and Assessee: Delhi HC upholds Order of ITAT Directing Exclusion of Comparables [Read Order]")
Delhi HC allows revenue to Approach Court on Failure of Proceeding under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act [Read Order]
The Delhi High Court allowed the revenue to approach the court on failure of proceeding under Black Money ( Undisclosed Foreign Income and Assets ) and Imposition of Tax Act, 2015. The...
![Delhi HC allows revenue to Approach Court on Failure of Proceeding under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-High-Court-Black-Money-Foreign-Income-TAXSCAN.jpg "Delhi HC allows revenue to Approach Court on Failure of Proceeding under Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act [Read Order]")
CIT (A) cannot Extend Time for Submission of Audit Report u/s 142 (2C ) of Income Tax Act: Delhi HC [Read Order]
The Delhi High Court has held that the Commissioner of Income Tax ( Appeals ) (CIT (A)) cannot extend the time for submission of an audit report under section 142 (2C ) of the Income Tax Act,...
![CIT (A) cannot Extend Time for Submission of Audit Report u/s 142 (2C ) of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/CIT-A-Extend-Time-for-Submission-of-Audit-Report-Income-Tax-Act-Delhi-HC-TAXSCAN.jpg "CIT (A) cannot Extend Time for Submission of Audit Report u/s 142 (2C ) of Income Tax Act: Delhi HC [Read Order]")
![ITAT Annual Digest [Part 61]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Income-Tax-Act-Income-tax-taxscan-3.jpg "ITAT Annual Digest [Part 61]")
![ITAT Annual Digest [Part 60]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Part-60-TAXSCAN.jpg "ITAT Annual Digest [Part 60]")