NHIDCL is hiring CA/CMA and others as Young Professionals – Last date to apply is 14.04.2026 The National Highways and Infrastructure Development Corporation Limited (NHIDCL) has invited applications from dynamic and motivated professionals for engagement as Young Professionals to contribute towards the development ,management , and delivery of …
Income Tax Rules 2026 notified by CBDT. CBDT has issued Notification No. 22/2026 dated 20.03.2026 to notify the Income-tax Rules, 2026. They shall come into force on the 1st April, 2026. Recently, CBDT had notified Income Tax Act 2025 to replace the six-decade-old Income-tax Act, 1961 and is …
Absence of an explicit irrevocability clause in trust deed no ground for rejecting application for registration or renewal under section 12AB of Income Tax Act In a recent judgment, Hon’ble High Court held that absence of an explicit irrevocability clause in a trust deed is not a ground …
ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In a recent judgment, ITAT Lucknow allowed benefit of CBDT retrospective notification enhancing the exemption u/s 10(10A) to Rs. 25 lakhs to non-government employees also. ABCAUS Case Law Citation:5074 …
PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical mode or faceless mode – ITAT In a recent judgment, ITAT Delhi has held that the PCIT has revisionary jurisdiction u/s 263 over the cases passed by the …
Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake a thorough reappreciation of evidence In a recent judgment, Hon’ble Supreme Court while enhancing compensation for functional disability held that when an appellate court interferes with findings of …
