![No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITATs Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Evidence-Distribution-Company-Company-Calcutta-High-Court-Taxscan.jpg "No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITATs Order [Read Order]")
No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITAT's Order [Read Order]
In a recent case, the Calcutta High Court (HC) upheld the order of the Income Tax Appellate Tribunal ( ITAT ) deleting the addition made the upward...
![Borrowed Funds not utilized for making Investments: Calcutta HC quashes proceedings against Century Enka [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Borrowed-Funds-Investments-Calcutta-High-Court-Century-Enka-Taxscan.jpg "Borrowed Funds not utilized for making Investments: Calcutta HC quashes proceedings against Century Enka [Read Order]")
![No Incriminating Material found during Search: Madhya Pradesh HC Upholds Order Deleting Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/No-Incriminating-Material-Search-Madhya-Pradesh-High-Court-Deleting-Addition-Addition-Taxscan.jpg "No Incriminating Material found during Search: Madhya Pradesh HC Upholds Order Deleting Addition [Read Order]")
![Advisory Services not amount to FTS as per Indo-US Treaty, Not Taxable: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Advisory-Services-FTS-Indo-US-Treaty-Taxable-Calcutta-HC-TAXSCAN.jpg "Advisory Services not amount to FTS as per Indo-US Treaty, Not Taxable: Calcutta HC [Read Order]")
![Jurisdiction comes first, not PAN: Bombay HC validates the order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Jurisdiction-PAN-Bombay-High-Court-ITAT-taxscan.jpg "Jurisdiction comes first, not PAN: Bombay HC validates the order of ITAT [Read Order]")
![Re-Assessment cannot be based on Mere Change of Opinion: Telangana HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Re-Assessment-Telangana-High-Court-Change-taxscan.jpg "Re-Assessment cannot be based on Mere Change of Opinion: Telangana HC [Read Order]")
Loss on Forex fluctuations on Forward Contracts are Deductible u/s 37(1) of Income Tax Act: Delhi HC [Read Order]
In a recent ruling of Delhi High Court (HC) of Justice Vibhu Bakhru and Justice Purushaindra Kumar Kaurav held that the loss on Foreign Exchange fluctuations on forward contracts are deductible under...
![Loss on Forex fluctuations on Forward Contracts are Deductible u/s 37(1) of Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Loss-on-Forex-fluctuations-Forward-Contracts-Forex-fluctuations-on-Forward-Contracts-Forward-Contracts-Income-Tax-Act-Delhi-Highcourt-taxscan.jpg "Loss on Forex fluctuations on Forward Contracts are Deductible u/s 37(1) of Income Tax Act: Delhi HC [Read Order]")
Counsel cannot be Blamed for Inordinate Delay of 1546 Days: Telangana HC refuses to Condone Delay in filing Income Tax Appeal [Read Order]
A division bench of the Telangana High Court headed by Chief Justice Ujjal Bhuyan, while considering a writ petition has refused to condone a delay of 1546 days in filing an income tax appeal, held...
![Counsel cannot be Blamed for Inordinate Delay of 1546 Days: Telangana HC refuses to Condone Delay in filing Income Tax Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Counsel-Inordinate-Delay-Telangana-HC-Income-Tax-Appeal-TAXSCAN.jpg "Counsel cannot be Blamed for Inordinate Delay of 1546 Days: Telangana HC refuses to Condone Delay in filing Income Tax Appeal [Read Order]")
Delay in filing Appeal due to Rectification Applications can be Condoned on Grounds of Reasonable Cause: Gujarat HC [Read Order]
A Division Bench of the Gujarat High Court comprising the Chief Justice Aravind Kumar and Justice Ashutosh J Shastri condoned the delay of the revenue in filing appeal on grounds of filing of...
![Delay in filing Appeal due to Rectification Applications can be Condoned on Grounds of Reasonable Cause: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Appeal-Rectification-Applications-Condoned-Reasonable-Cause-Gujarat-HC-taxscan.jpeg "Delay in filing Appeal due to Rectification Applications can be Condoned on Grounds of Reasonable Cause: Gujarat HC [Read Order]")
High Court’s Appellate Jurisdiction is limited to the fact that Tribunal is the Final Fact-Finding Authority: Delhi HC [Read Order]
The Delhi High Court has dismissed the appeal against the deletion of income tax addition for share or bogus purchases or cash deposits and held that appeal under section 260A of Income Tax Act...
![High Court’s Appellate Jurisdiction is limited to the fact that Tribunal is the Final Fact-Finding Authority: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/High-Courts-Appellate-Jurisdiction-Tribunal-Fact-Finding-Authority-Delhi-HC-Taxscan.jpg "High Court’s Appellate Jurisdiction is limited to the fact that Tribunal is the Final Fact-Finding Authority: Delhi HC [Read Order]")
Delay of 586 Days in filing Appeal shows Negligence of Income Tax Department: Calcutta HC [Read Order]
The High Court of Calcutta held that the delay of 586 days in filing an appeal by the Department without explanation would amount to condoning the utter failure or negligence on the part of the Income...
![Delay of 586 Days in filing Appeal shows Negligence of Income Tax Department: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/Calcutta-High-Court-Calcutta-HC-Income-Tax-Appeal-Taxscan.jpg "Delay of 586 Days in filing Appeal shows Negligence of Income Tax Department: Calcutta HC [Read Order]")
Advance Payment of Sales Tax credited under 'Sales-Tax Recoverable A/c’ is not Deductible: Delhi High Court [Read Judgment]
The Delhi High Court recently ruled that Advance Payment of Sales Tax credited under 'Sales-tax Recoverable A/c’ is not deductible from the taxable income. A bench comprising of Justice Muralidhar...
![Advance Payment of Sales Tax credited under Sales-Tax Recoverable A/c’ is not Deductible: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Advance Payment of Sales Tax credited under Sales-Tax Recoverable A/c’ is not Deductible: Delhi High Court [Read Judgment]")