Judgement

ITAT Delhi held that unpaid GST shown merely as a balance-sheet liability, without being claimed as an expenditure, cannot be disallowed under Section 43B.

No Section 43B Disallowance for Unpaid GST Shown Only as Balance Sheet Liability: ITAT

The ITAT deleted the Rs 28.92 lakh Section 68 addition for unexplained credits; however, it sustained additions for low household withdrawals and TDS defaults on freight expenses.

ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances

Circulars

SEBI streamlines nomination rules to simplify succession and reduce unclaimed investor assets.

SEBI Revises Nomination Rules for Demat Accounts and Mutual Funds

Articles

ITR filing for AY 2026-27 has started with several important changes in reporting requirements.

ITR Filing AY 2026-27: 7 Major Changes Every Taxpayer Must Know

Notifications

MCA amends Schedule VII permitting CSR expenditure through Social Stock Exchange listed zero coupon instruments.

MCA Amends Schedule VII to Include Social Stock Exchange Investments.

MCA Amends Schedule VII to Include Social Stock Exchange Investments

Customer denial alone insufficient to reject commission expenditure backed by documentary records.

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No Section 43B Disallowance for Unpaid GST Shown Only as Balance Sheet Liability: ITAT

ITAT Deletes Unexplained Credit Addition But Confirms Household Expense and TDS Disallowances

SEBI Revises Nomination Rules for Demat Accounts and Mutual Funds

ITR Filing AY 2026-27: 7 Major Changes Every Taxpayer Must Know

MCA Amends Schedule VII to Include Social Stock Exchange Investments

ITAT Mumbai Deletes Commission Disallowance of Rs 23.69 Lakh After Finding Adequate Evidence of Genuine Payments