High Court upheld classification of roasted areca nuts under Custom Tariff Entry 2008 19 20 In a recent judgment, the Allahabad High Court held that “roasted areca nuts’ have been rightly classified under Custom Tariff Entry 2008 19 20 ABCAUS Case Law Citation:4601 (2025) (06) abcaus.in HC Important …

Delay in filing Form 56F was only a procedural lapse and that cannot be a ground for not granting the deduction claimed under Section 10AA of the Act.  In a recent judgment, the Madras High Court has upheld that delay in filing Form 56F was only a procedural …

University of Calcutta has invited e-tenders form chartered accountants firms for income tax matters The University of Calcutta invites e-tenders for the following work from experienced & bonafide firms/ organizations having credential of similar nature of work in any Government/ SemiGovt./State Aided University/Autonomous Govt. aided Institution. Earnest Money …

Declaring surrendered income in PL Account as “Indirect Income” and reflected it in closing stock does not indicate any tax evasion. In a recent judgment, the Chandigarh ITAT has held that declaring surrendered income in PL Account as “Indirect Income” and enhancing closing stock does not indicate any …

It is incumbent upon AO to decide the case u/s 148A(d) on the basis of the material on record including the reply of the assessee – High Court In a recent judgment, the Himanchal Pradesh High Court has held that it is incumbent upon the Assessing Officer to …

CBDT Guidelines for Compulsory Selection of Returns for Complete Scrutiny during the Financial Year 2025-26 CBDT has issued guidelines dated 13.06.2025 for compulsory selection of returns for complete scrutiny during the financial year 2025-26 The Income tax Scrutiny are usually of two types, (i) limited scrutiny and the …