ITAT set aside addition and remands issue of difference of income with Form 26AS due to Percentage Completion Method followed by the assessee. In a recent judgment, ITAT Ahmedabad has set aside the addition and remanded issue of difference of income declared and as appearing in Form 26AS …

Empanelment of General Observers for ICSI Examinations December 2025 ICSI has invited interested members to enroll as General Observers for the CS Examinations, December 2025 scheduled to be held from 21st December 2025 to 29th December 2025 at various Examination Centres across lndia and abroad. Interested members of …

AO was clearly arbitrary so as to reopen assessment against the assessee on a wrong finding of fact and conclusion thereof – ITAT In a recent judgment ITAT Delhi has held that AO was clearly arbitrary so as to reopen assessment against the assessee on a wrong finding …

CBDT extends due date for filing audit reports for AY 2025-26 to 10.11.2025 and due date for furnishing ITRs covered by audit to 10.12.2025 Today, the Hon’ble Punjab and Haryana High Court in the course of hearing of Petition filed by Chandigarh Tax Bar Association scolded and rebuked …

Onus to prove bad financial condition is on assessee in prosecution u/s 276B for delay in deposit of TDS  In a recent judgment, the Delhi High Court has held that onus to prove bad financial condition is on the assessee in prosecution proceedings under section 276B for delay …

ITAT upheld disallowance of security guard expenses as deduction from capital gain arising from sale of plot In a recent judgment, the ITAT Jaipur has held that security guard expenses to protect the Plot from trespassing by miscreants claimed by the assessee as deduction towards capital gain was …