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Abcaus

court order

Civil Court decreed refund of FD given as security deposit for registration in VAT era

administrator January 14, 2026 civil court, GST
Civil Court decreed refund of security deposit of VAT era as in GST Regime there is no requirement of security deposit at the time of registration. In a recent judgment, Civil Court Judge decreed refund of security deposit in the form of Fixed Deposit given at the time …
condonation of delay

Pursuing rectification u/s 154 is reasonable cause for condonation of delay in filing appeal

administrator January 14, 2026 Income Tax, ITAT
Pursuing remedy through rectification application u/s 154 within time, is a reasonable cause for condonation of delay in filing of appeal before CIT(A). In a recent judgment, ITAT Lucknow has accepted the plea that pursuing remedy through application u/s 154 of Income Tax Act within time, should be …

Allowability of depreciation on highway project awarded on DBOT basis

administrator January 13, 2026 Income Tax, ITAT
ITAT allows depreciation on highway project awarded on DBOT basis In a recent judgment, ITAT Delhi allows depreciation on highway DBOT project rejecting the argument that assessee was not the owner of the road constructed by it and ownership of the asset is sine qua non for claiming …
conditions 270AA for immunity

Once assessee satisfies conditions u/s 270AA, AO is bound to grant immunity

administrator January 13, 2026 High Courts, Income Tax
Once assessee satisfies conditions mentioned in section 270AA, the Assessing Officer would be bound to grant immunity In a recent judgment, Hon’ble Calcutta High Court set aside penalty order under section 270AA of the Income Tax Act holding that once assessee satisfies conditions mentioned in the section, the …
NTPC invites application from CA/CMA

NTPC invites applications from CA/CMA as Executive Trainee. Last date: 27.01.2026

administrator January 13, 2026 CA CS CMA
NTPC invited applications from CA/CMA as young professionals to join NTPC Projects/Stations as Executive Trainee, Finance. NTPC Limited has invited applications from CA/CMA as young professionals with brilliant academic record to join NTPC Projects/Stations as Executive Trainee – Finance (CA/CMA). The qualifying requirements are as under: Name of …
GSTAT appeals

Allahabad HC disposes GST appeals as functioning of GST Tribunal put to motion

administrator January 13, 2026 GST, High Courts
Allahabad High Court disposes GST appeals observing that the functioning of GST Appellate Tribunal are put to motion Allahabad High Court disposes GST appeals observing that once the procedure has been notified and appointments of the Presidents and the Members have been made to the respective Benches of …

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