Judgement

The Tribunal deletes Rs 6.70 lakh Sec. 69A addition, accepting assessee’s explanation that demonetisation cash deposits were from wedding funds and deceased mother’s savings.

ITAT: Validates Cash Deposits During Demonetisation Sourced From Assessee’s Deceased Mother; Deletes Sec. 69A Addition

Exam

Due to some unavoidable reasons, the ICAI has rescheduled the examinations for CA Intermediate 2026 for May 5, 2026, keeping timings unchanged.

Important Update: ICAI Re-Schedules CA Intermediate Examination 2026 Across India and Abroad

Court refuses to interfere, permits tribunal appeal without delay bar, keeps merits open

SC Declines Interference, Allows GST Appeal Without Limitation Objection

Announcement

ICAI revises the CA Final Exam Cycle to twice a year starting in 2026, aiming for a simpler schedule and improved student preparation time.

BREAKING: ICAI Exams Now To Be Held Only Twice A Year

Court quashes decades-old tax demands, citing delay and absence of supporting records by Revenue

Old Tax Demands Invalid Without Records; High Court Applies Doctrine of Laches

Supreme Court upholds HC ruling quashing Section 153C notice due to 22-month delay in recording satisfaction note

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ITAT: Validates Cash Deposits During Demonetisation Sourced From Assessee’s Deceased Mother; Deletes Sec. 69A Addition

Important Update: ICAI Re-Schedules CA Intermediate Examination 2026 Across India and Abroad

SC Declines Interference, Allows GST Appeal Without Limitation Objection

BREAKING: ICAI Exams Now To Be Held Only Twice A Year

Old Tax Demands Invalid Without Records; High Court Applies Doctrine of Laches

SC Dismisses Revenue SLP; Upholds Quashing of Delayed Section 153C Notice