![Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117844-2103973-agricultral-income-taxscan.webp "Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]")
Income Earned from Sale of Tissue-Cultured Plants is Agricultural Income, Exempted from Income Tax: Telangana HC [Read Order]
In a recent ruling, the Telangana High Court held that income earned from the sale of tissue-cultured plants constitutes agricultural income and is...
![Village Officer Certificate Alone Not Enough to Prove Agricultural Land: Supreme Court upholds Capital Gains Tax on Sale of Land [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/250x150_2117843-village-officer-certificate-enough-prove-agricultural-land-supreme-court-upholds-capital-gains-tax-sale-land-taxscan.webp "Village Officer Certificate Alone Not Enough to Prove Agricultural Land: Supreme Court upholds Capital Gains Tax on Sale of Land [Read Order]")
![Axis Bank’s Freeze Based on Third‑Party Letter Unjustified: Calcutta HC Restores Defreezing of Company Accounts [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/250x150_2117823-axis-banks-freeze-based-third-party-letter-unjustified-calcutta-hc-restores-defreezing-company-accounts-taxscan.webp "Axis Bank’s Freeze Based on Third‑Party Letter Unjustified: Calcutta HC Restores Defreezing of Company Accounts [Read Order]")
![Resolution Professional Entitled to Recover Share Certificates of Corporate Debtors Subsidiaries Despite Appellants Loss Claim: NCLAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/250x150_2117818-resolution-professional-recovery-powers-taxscan.webp "Resolution Professional Entitled to Recover Share Certificates of Corporate Debtors Subsidiaries Despite Appellants Loss Claim: NCLAT [Read Order]")
![Pre-March 2020 Default Not Protected by S.10A Despite Contractual Cure Period: NCLAT upholds CIRP Admission [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/250x150_2117832-nclat-upholds-cirp-admission-taxscan.jfif "Pre-March 2020 Default Not Protected by S.10A Despite Contractual Cure Period: NCLAT upholds CIRP Admission [Read Order]")
AO Cannot Invoke S.147/148 to Reopen Income Tax Assessment Solely on Search Material Without S.153C Satisfaction Note: Gujarat HC [Read Order]
The Gujarat High Court has ruled that a jurisdictional AO cannot invoke reassessment through Sections 147 or 148 of the Income Tax Act, 1961 exclusively based on the search material without...
![AO Cannot Invoke S.147/148 to Reopen Income Tax Assessment Solely on Search Material Without S.153C Satisfaction Note: Gujarat HC [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117809-reopen-income-tax-assessment-solely-search-material-taxscan.webp "AO Cannot Invoke S.147/148 to Reopen Income Tax Assessment Solely on Search Material Without S.153C Satisfaction Note: Gujarat HC [Read Order]")
ITAT Remands Section 69A Addition After Holding AO Failed to Verify Creditworthiness of Donors [Read Order]
The Bangalore Bench of the Income Tax Appellate Tribunal (ITAT) has remanded a case involving addition towards unexplained investment under Section 69A of the Income Tax Act, 1961, back to the...
![ITAT Remands Section 69A Addition After Holding AO Failed to Verify Creditworthiness of Donors [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117770-itat-remands-section-69a-addition-after-holding-ao.webp "ITAT Remands Section 69A Addition After Holding AO Failed to Verify Creditworthiness of Donors [Read Order]")
Banks cannot Reduce Contractual Fixed deposit (FD) Rates in Mid-term: Allahabad HC says Depositors Cannot suffer due to Bank’s Oversight [Read Order]
The Allahabad High Court has ruled that the depositor cannot suffer for the bank's mistake in offering higher interest. It held that the banks cannot reduce the Fixed deposit (FD) rates in the...
![Banks cannot Reduce Contractual Fixed deposit (FD) Rates in Mid-term: Allahabad HC says Depositors Cannot suffer due to Bank’s Oversight [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117801-depositors-cannot-suffer-due-banks-error-cannot-reduce-contracted-fd-rate-mid-term-allahabad-hc-taxscan.webp "Banks cannot Reduce Contractual Fixed deposit (FD) Rates in Mid-term: Allahabad HC says Depositors Cannot suffer due to Bank’s Oversight [Read Order]")
HP HC Grants Bail to Govt Official in ₹200 Cr Scholarship Scam Case Citing Prolonged Incarceration and Delay in PMLA Trial [Read Order]
In a recent ruling, the Himachal Pradesh High Court granted bail to a government official accused in a Rs. 200 crore post-matric scholarship scam holding that prolonged incarceration and delay in...
![HP HC Grants Bail to Govt Official in ₹200 Cr Scholarship Scam Case Citing Prolonged Incarceration and Delay in PMLA Trial [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117825-hp-hc-grants-bail-govt-official-taxscan.jfif "HP HC Grants Bail to Govt Official in ₹200 Cr Scholarship Scam Case Citing Prolonged Incarceration and Delay in PMLA Trial [Read Order]")
Juniper Router Components are ‘Parts’, Not Network Interface Cards: CESTAT Sets Aside Customs Demand Against Bharti Airtel [Read Order]
The Principal New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that components imported by Bharti Airtel for use in Juniper routers are classifiable as...
![Juniper Router Components are ‘Parts’, Not Network Interface Cards: CESTAT Sets Aside Customs Demand Against Bharti Airtel [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117802-bharti-airtel-customs-case-taxscan.webp "Juniper Router Components are ‘Parts’, Not Network Interface Cards: CESTAT Sets Aside Customs Demand Against Bharti Airtel [Read Order]")
Cargo Forwarder’s Pre-2012 Services Classifiable as ‘Transportation of Goods by Air’, Not BAS: CESTAT [Read Order]
The Principal New Delhi Bench of the Customs, Excise, and Service Tax AppellateTribunal (CESTAT) ruled that the services provided by a cargo forwarder before 1 July 2012 were classifiable as...
![Cargo Forwarder’s Pre-2012 Services Classifiable as ‘Transportation of Goods by Air’, Not BAS: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117808-cargo-forwarders-pre-2012-services-classifiable-as-transportation-of-goods-by-air-not-bas-cestat-taxscan.webp "Cargo Forwarder’s Pre-2012 Services Classifiable as ‘Transportation of Goods by Air’, Not BAS: CESTAT [Read Order]")
GST does not Mandate Toll Plaza Receipts to Prove Movement of Goods: Allahabad HC says E-waybill and Invoices sufficient [Read Order]
The Allahabad High Court has ruled that GST ( Goods and Services Tax ) does not mandate toll plaza receipts to prove the movement of goods. The court says such documents are not relevant when E-way...
![GST does not Mandate Toll Plaza Receipts to Prove Movement of Goods: Allahabad HC says E-waybill and Invoices sufficient [Read Order]](https://images.taxscan.in/h-upload/2026/01/08/500x300_2117806-gst-does-not-mandate-toll-plaza-receipts-to-prove-movement-of-goods-site-image.webp "GST does not Mandate Toll Plaza Receipts to Prove Movement of Goods: Allahabad HC says E-waybill and Invoices sufficient [Read Order]")