Judgement

The Allahabad High Court held GST Department can invoke Section 74A based on Independent Verification.

High Court Holds Section 61 Scrutiny Not Mandatory Before Issuing Section 74A GST Notice

The CPC passed fresh rectification order and allows remuneration claim after rectification


ITAT Ahmedabad Allows Partner Remuneration Deduction Under Section 40(b) 

The ITAT Ahmedabad once the addition forming the basis of reopening is deleted, no fresh addition on another issue can survive.

ITAT Deletes Section 50C Addition After Reopening-Based Addition Was Deleted

The ITAT Ahmedabad held that mere comparison of year-end investments with six years’ accumulation insufficient to invoke Section 68.

ITAT Holds FDR-Bank Balance Difference Cannot Alone Be Treated as Unexplained Income

The ITAT Ahmedabad rules AO Cannot make fresh addition on an issue unconnected with reasons recorded for reassessment.

ITAT Allows Section 80P Deduction to Co-operative Credit Society Where No Addition Made on Reopened Issues

News

The Chartered Accountants Association, Jalandhar, has urged Finance Minister to extend Tax Audit Report, Forms 10B/10BB and ITR filing deadlines for AY 2026-27.

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High Court Holds Section 61 Scrutiny Not Mandatory Before Issuing Section 74A GST Notice

ITAT Ahmedabad Allows Partner Remuneration Deduction Under Section 40(b)

ITAT Deletes Section 50C Addition After Reopening-Based Addition Was Deleted

ITAT Holds FDR-Bank Balance Difference Cannot Alone Be Treated as Unexplained Income

ITAT Allows Section 80P Deduction to Co-operative Credit Society Where No Addition Made on Reopened Issues

CA Association Seeks Extension in Due Dates of Tax Audit, Form 10B/10BB and ITR Filing for AY 2026-27