AO taking cognizance of belated return ought to have issued the mandatory notice under section 143(2) of the Act – ITAT In a recent judgment, ITAT Agra has held that once AO took cognizance of the belated return filed by the assessee he ought to have issued the …

When assessee failed to explain source of purchases expenditure, estimating profit rate was contrary to provision of Section 69C which calls for addition of the entire amount. In a recent judgment, Hon’ble Supreme Court dismissed SLP against the judgment of the Bombay High Court which held that when …

Income Tax Department not trusted even upon its lawyers – SC slams ITD on adopting a long process resulting delay in filing appeal In a recent judgment, the Hon’ble Supreme Court has slammed the Income Tax Department for adopting a long process of filing petition despite having a …

When goods are loaded in two trucks with one e-way bill specifically mentioning both truck numbers, no intention to evade payment of tax can be attributed. In a recent judgment, Hon’ble Allahabad High Court held that when goods could not be accommodated in one truck and therefore, loaded …

GOI makes four new Labour Codes  effective from 21st November 2025 Government of India has announced that the four Labour Codes – the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020 are …

Provident fund dues definitely have a first charge over claim of bank under SARFAESI Act – Supreme Court In a recent judgment, Hon’ble Supreme Court has held that provident fund dues definitely have a first charge over claim of bank under SARFAESI Act ABCAUS Case Law Citation:4874 (2025) …