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Abcaus

Mere defective affidavit with IBC application not render application non est – SC

administrator November 24, 2025 bankruptcy, Supreme Court
Mere filing a defective affidavit with IBC application not render the application non est and liable to be rejected In a recent judgment, Hon’ble Supreme Court had held that mere filing of a ‘defective’ affidavit in support of IBC application would, however, not render the very application non …
young professionals

CRCs invites application for Young Professionals (Finance) from CA/CMA/CS

administrator November 24, 2025 CA CS CMA, Government
Engagement of two Young Professionals (Finance) in the office of Central Registrar of Cooperative Society on contractual basis. The office Of Central Registrar of Cooperative Societies invites applications from eligible individuals for contractual appointment to the 02 posts of Young Professional (Finance) as per the enclosed annexure. Interested …
Ministry Civil Aviation Young Professionals

Ministry of Civil Aviation hiring Young Professionals for Domestic Transport Division

administrator November 24, 2025 Government
Ministry of Civil Aviation hiring two Young Professionals for the Domestic Transport Division Invitation of applications for engagement of two Young Professionals purely on contractual basis in the Ministry of Civil Aviation Ministry of Civil Aviation proposes to hire two (02) Young Professionals (YPs) for the Domestic Transport …
abcaus Supreme Court judgment

Relying on investigation report without own reasons recorded is borrowed satisfaction u/s 148

administrator November 23, 2025 Income Tax, Supreme Court
Relying upon investigation report without own reasons recorded amounted to borrowed satisfaction u/s 148 which is not permissible In a recent judgment, Hon’ble Supreme Court has dismissed SLP against the judgment of the Gujarat High Court which held that the AO relying upon investigation report the and not …
abcaus itat judgment

Once cognizance of belated return taken, notice u/s 143(2) is mandatory – ITAT

administrator November 23, 2025 Income Tax, ITAT
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 …
abcaus.in supreme court judgment

If assessee fails to explain source of purchases, estimating profit rate contrary to Section 69C

administrator November 22, 2025 Income Tax, Supreme Court
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 …

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