![Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part IX]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113401-annual-tax-corporate-law-digest-2025-complete-high-court-cases-part-ix-taxscan.jfif "Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part IX]")
Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part IX]
Confiscation of ‘Gold Kada’ Without Proper Notice: Delhi HC quashes Order Due to Invalid Waiver SAI KIRAN GOUDTIRUPATHI vs COMMISSIONER OF...
![Provision for Warranty Not Contingent when Based on Scientific Method: ITAT Directs AO to allow Correct Deduction [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/250x150_2113411-provision-warranty-contingent-based-scientific-method-itat-directs-ao-allow-correct-deduction-taxscan.webp "Provision for Warranty Not Contingent when Based on Scientific Method: ITAT Directs AO to allow Correct Deduction [Read Order]")
![90‑Day Irregularity under RBI IRACP Norms Established: Delhi HC Upholds Canara Bank’s NPA Classification as Lawful [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112363-rbi-iracp-npa-canara-bank-90day-irregularity-iracp-norms-classification-lawful-taxscan.webp "90‑Day Irregularity under RBI IRACP Norms Established: Delhi HC Upholds Canara Bank’s NPA Classification as Lawful [Read Order]")
![ITAT Penalty Confirmation Not Mandatory for Criminal Prosecution in High-Value Income Tax Evasion Cases: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/21/250x150_2113633-itat-penalty-confirmation-mandatory-criminal-prosecution-high-value-income-tax-evasion-cases-delhi-hc-taxsxcan.jfif "ITAT Penalty Confirmation Not Mandatory for Criminal Prosecution in High-Value Income Tax Evasion Cases: Delhi HC [Read Order]")
Transfer‑Fee Claim Not a “Hydra Head” Frozen by Resolution Plan: Calcutta HC Dismisses Appeal Against WBIDC [Read Order]
The Calcutta High Court has dismissed an appeal filed by the appellant, affirming the Single Judge’s refusal to interfere with the West Bengal Industrial Development Corporation’s (WBIDC) demand...
![Transfer‑Fee Claim Not a “Hydra Head” Frozen by Resolution Plan: Calcutta HC Dismisses Appeal Against WBIDC [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/500x300_2111886-transferfee-claim-hydra-head-frozen-resolution-plan-calcutta-hc-dismisses-appeal-against-wbidc.webp "Transfer‑Fee Claim Not a “Hydra Head” Frozen by Resolution Plan: Calcutta HC Dismisses Appeal Against WBIDC [Read Order]")
![Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part X]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113471-annual-tax-corporate-law-digest-2025-complete-high-court-cases-part-x.webp "Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part X]")
![Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part XI]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113494-annual-tax-corporate-law-high-court-tax-digest-2025-high-court-cases-taxscan.webp "Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part XI]")
PCIT can Sanction Income Tax Prosecution where Alleged Tax Evasion Exceeds ₹25 Lakh: Delhi HC [Read Order]
The Delhi High Court reaffirmed that the Principal Commissioner of Income Tax (PCIT) is competent to sanction the department to launch prosecution under the Income Tax Act, 1961, in cases where the...
![PCIT can Sanction Income Tax Prosecution where Alleged Tax Evasion Exceeds ₹25 Lakh: Delhi HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/21/500x300_2113624-pcit-sanction-income-tax-prosecution-alleged-tax-evasion-exceeds-delhi-hc.webp "PCIT can Sanction Income Tax Prosecution where Alleged Tax Evasion Exceeds ₹25 Lakh: Delhi HC [Read Order]")
![Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part VIII]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113404-annual-tax-corporate-law-digest-2025-complete-high-court-cases-part-viii-taxscan.webp "Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part VIII]")
![Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part VII]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113392-high-court-part-11.webp "Annual Tax & Corporate Law Digest 2025: Complete High Court Cases [Part VII]")
Depreciation on Leased Ethanol Buses cannot be Denied when Lease Income already Disclosed in P&L: ITAT Remands for Verification [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) ruled that depreciation on Ethanol Green buses cannot be denied to an assessee who has already disclosed the corresponding lease ...
![Depreciation on Leased Ethanol Buses cannot be Denied when Lease Income already Disclosed in P&L: ITAT Remands for Verification [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113432-depreciation-leased-ethanol-buses-denied-lease-income-disclosed-p-and-l-itat-remands-verification-taxscan.webp "Depreciation on Leased Ethanol Buses cannot be Denied when Lease Income already Disclosed in P&L: ITAT Remands for Verification [Read Order]")