Income Tax Weekly Flashback: 28 December 2025 To 03 Jan 2026

Here’s an Income Taxes weekly flashback from 28 December 2025 To 03 January 2026. Delhi High Court Delhi HC Quashes 8.75% Withholding Tax Certificate Based on Assessment Orders Already Set Aside by ITAT Case Title: Zscaler Inc Versus DCIT Case No.: W.P.(C) 10556/2025 & CM APPL. 43739/2025 (stay) The Delhi High Court has set aside a withholding tax certificate issued under Section 197 of the Income Tax Act, 1961, holding that the Income Tax Department cannot rely on assessment orders for earlier years that have already been quashed by the Income Tax Appellate Tribunal (ITAT). Ignorance of Tax Law No Excuse: Delhi High Court Refuses to Condone 5-Year Delay in Filing ITR Case Title: Manjit Singh Dhaliwal Versus CIT Case No.: W.P.(C) 19589/2025 & CM APPL. 81894/2025 The Delhi High Court has dismissed a writ petition filed by Canadian citizen and non-resident Indian (NRI), challenging the rejection of his application seeking condonation of delay in filing Income Tax Return (ITR) for Assessment Year 2020–21 under Section 119(2)(b) of the Income Tax Act, 1961. Bombay High Court Bombay HC Bars Double Taxation, Directs Credit of Self-Assessment Tax Paid After IDS Default Case Title: Vishnu Trimbak Thakur Versus PCIT Case No.: Writ Petition No. 6622 Of 2025 While protecting taxpayers from double taxation arising out of procedural lapses under the Income Declaration Scheme (IDS), 2016, the Bombay High Court has directed the Income Tax Department to treat self-assessment tax paid under the Income-tax Act as valid payment towards the revived IDS liability and to issue Form-4 acknowledging acceptance of the declaration. Madras High Court Capital Gains Exemption Allowed Despite Demolition of Residential House After JDA: Madras HC Case Title: C.Aryama Sundaram Versus CIT Case No.: TCA Nos. 1161, 1163, 1164 and 1162 of 2009 The Madras High Court has allowed the capital gains exemption despite demolition of residential houses after joint development agreement (JDA). Patna High Court Income Tax Assistant Convicted In Rs. 600 Bribery Case: Patna High Court Case Title: Ram Narayan Singh Versus State of Bihar Case No.: Criminal Appeal (SJ) No.468 Of 2025 The Patna High Court has upheld the conviction and sentence of Ram Narayan Singh, a former Income Tax Assistant posted at Sasaram, for demanding and accepting a bribe of ₹600 for processing an income tax refund. Karnataka High Court Life Insurance Taxation: Karnataka HC Quashes Reassessment Proceedings Against PNB MetLife Case Title: Pnb Metlife India Insurance Company Limited Versus ACIT Case No.: Writ Petition No.49398 Of 2019 (T-It) The Karnataka High Court has quashed reassessment proceedings initiated against PNB MetLife India Insurance Company Limited for the Assessment Year (AY) 2014–15, holding that the issue involved was already conclusively settled in favour of the insurer in earlier years. ITAT Buying a New House in Time Is Enough, Exemption Can’t Be Denied for Mere Non-Deposit in Capital Gains Account: ITAT Case Title: Shri Nitin Bhatia Versus ITO Case No.: ITA No.1472/Hyd/2025 The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that deduction under Section 54 of the Income Tax Act, 1961 cannot be denied merely because the assessee failed to deposit the unutilised capital gains in the Capital Gains Account Scheme (CGAS), when the investment in a new residential house was completed within the prescribed statutory period. ITAT Relief on Rs. 38 Lakh Cash Receipt Not Licence for Cash Property Deals: Ruling Limited to Pre-June 2015 Period Case Title: Shalaka Chandrahas Chavan Versus ITO Case No.: ITA No.4627/Mum/2024 A news report widely circulated over the past two days claimed that a lady taxpayer had “won” her case before the Income Tax Appellate Tribunal (ITAT) after receiving ₹38 lakh in cash on sale of immovable property, with the Tribunal holding that such cash was not unaccounted since it was disclosed in the registered sale deed and deposited in the bank. While this reporting is factually correct, it is incomplete and potentially misleading without crucial legal context. Read More: Indirect Tax Weekly Flashback: 28 December 2025 To 03 Jan 2026

Income Tax Weekly Flashback: 28 December 2025 To 03 Jan 2026

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Pressure Relief Valves Used In Common Rail Fuel Injection Systems Classifiable As “Safety Or Relief Valves” Under Customs Tariff Item 8481 40 00: CESTAT

Chilli Seeds for Sowing Not ‘Spices’: CESTAT Rejects Customs Demand

Re-Import Duty Exemption Can’t Be Denied Solely for Lack of ‘Marks and Numbers’ When Identity of Goods Is Proven: CESTAT

Mis-declaration of Imported Fabric Justifies Re-classification, Confiscation, Penalties: CESTAT

Pressure Relief Valves Used In Common Rail Fuel Injection Systems Classifiable As “Safety Or Relief Valves” Under Customs Tariff Item 8481 40 00: CESTAT

Chilli Seeds for Sowing Not ‘Spices’: CESTAT Rejects Customs Demand

Re-Import Duty Exemption Can’t Be Denied Solely for Lack of ‘Marks and Numbers’ When Identity of Goods Is Proven: CESTAT

Income Tax Weekly Flashback: 28 December 2025 To 03 Jan 2026

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