![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXIV]](https://images.taxscan.in/h-upload/2025/12/31/500x300_2116151-annual-tax-and-corporate-law-digest-2025-taxscan.jfif "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXIV]")
Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXIV]
This Annual Digest analytically summarises all the High Court Tax and corporate law Decisions in 2025, as reported at Taxscan.in. Delhi HC...
![SIM Cards, Recharge Coupons, VAS Not ‘Goods’ Under KVAT Act: Kerala HC Quashes Assessment Order Against Airtel [Read Order]](https://images.taxscan.in/h-upload/2025/12/31/250x150_2116125-kerala-high-court-airtel-sim-cards-recharge-coupons-sim-cards-vat-kerala-hc-airtel-taxscan.webp "SIM Cards, Recharge Coupons, VAS Not ‘Goods’ Under KVAT Act: Kerala HC Quashes Assessment Order Against Airtel [Read Order]")
![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXIII]](https://images.taxscan.in/h-upload/2025/12/31/250x150_2116110-annual-tax-and-corporate-law-digest-2025-high-court-cases-taxscan.jfif "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXIII]")
![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXII]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115931-high-court-part-xxxii-taxscan.webp "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXII]")
![Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXI]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115995-annual-tax-corporate-law-digest-2025-high-court-cases-part-xxxi-taxscan.webp "Annual Tax and Corporate Law Digest 2025: High Court Cases [Part XXXI]")
No SCN Issued for in GST Fraud Case: Delhi HC allows to Operate Attached Bank A/c with Minimum Balance of Rs. 50L [Read Order]
The Delhi High Court allowed the attached bank account to operate with a minimum balance of Rs. 50 lakhs in a matter of GST fraud with an intention to protect revenue and also parallely to support...
![No SCN Issued for in GST Fraud Case: Delhi HC allows to Operate Attached Bank A/c with Minimum Balance of Rs. 50L [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2116000-no-scn-issued-gst-fraud-case-delhi-hc.webp "No SCN Issued for in GST Fraud Case: Delhi HC allows to Operate Attached Bank A/c with Minimum Balance of Rs. 50L [Read Order]")
Rule of consistency Prevails: ITAT Rules Percentage completion cannot be forced when Taxpayer follows Project Completion Method [Read Order]
The Guwahati Bench of the Income Tax Appellate Tribunal (ITAT) dismissed the Revenue's appeal and ruled that the revenue cannot shift a taxpayer from the Project Completion Method to the Percentage ...
![Rule of consistency Prevails: ITAT Rules Percentage completion cannot be forced when Taxpayer follows Project Completion Method [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2116005-rule-consistency-prevails-itat-rules-percentage-completion-cannot-forced-taxpayer-follows-project-completion-method-taxscan.webp "Rule of consistency Prevails: ITAT Rules Percentage completion cannot be forced when Taxpayer follows Project Completion Method [Read Order]")
![Notice u/s 148 issued by JAO instead of FAO Invalidates Reassessment: ITAT Quashes Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2116007-notice-us-148-issued-jao-instead-fao-invalidates-reassessment-itat-quashes-proceedings-taxscan.webp "Notice u/s 148 issued by JAO instead of FAO Invalidates Reassessment: ITAT Quashes Proceedings [Read Order]")
ICAI Reprimands CA for Withholding Audit Working Papers and Filing Incomplete Forms 23AC & 23ACA with MCA [Read Order]
The Institute of Chartered Accountants of India ( ICAI ) has reprimanded a Chartered Accountant ( CA ), for not submitting the audit working papers and filing Incomplete Forms 23AC & 23ACA with...
![ICAI Reprimands CA for Withholding Audit Working Papers and Filing Incomplete Forms 23AC & 23ACA with MCA [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115935-audit-working-papers-filing-incomplete-forms-23ac-23aca-mca-taxscan.webp "ICAI Reprimands CA for Withholding Audit Working Papers and Filing Incomplete Forms 23AC & 23ACA with MCA [Read Order]")
Interest on Enhanced Land Acquisition Compensation Taxable as 'Income from Other Sources' Post-2010 Amendment: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), New Delhi, held that interest received on enhanced compensation under Section 28 of the Land Acquisition Act, 1894 was taxable as 'Income from Other...
![Interest on Enhanced Land Acquisition Compensation Taxable as Income from Other Sources Post-2010 Amendment: ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2116009-income-from-other-sources-post-2010-amendment-itat-taxscan.webp "Interest on Enhanced Land Acquisition Compensation Taxable as Income from Other Sources Post-2010 Amendment: ITAT [Read Order]")
PMLA Twin Conditions and Triple Test Satisfied: Delhi HC Grants Bail to Accused in ₹48,000 Crore Illegal Investment Scheme Case [Read Order]
In a recent ruling, the Delhi High Court granted bail to a former director in the alleged ₹48,000 crore illegal investment scheme case after finding that both the PMLA twin conditions and the...
![PMLA Twin Conditions and Triple Test Satisfied: Delhi HC Grants Bail to Accused in ₹48,000 Crore Illegal Investment Scheme Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/30/500x300_2115997-pmla-twin-conditions-and-triple-test-satisfied-delhi-hc-grants-bail-to-accused-in-48000-crore-illegal-investment-scheme-case-taxscan.webp "PMLA Twin Conditions and Triple Test Satisfied: Delhi HC Grants Bail to Accused in ₹48,000 Crore Illegal Investment Scheme Case [Read Order]")