Judgement

HC holds that Revenue appeals are maintainable in accommodation entry cases even where the tax effect is below Rs. 1 crore, and found no error in its earlier judgment.

HC Upholds Revenue Appeal in Accommodation Entry Case Despite Tax Effect Below Rs. 1 Crore

HC upholds ICAI action suspending a CA for one year for ante-dated stock-invests and irregular share allotment, holding conduct as “other misconduct”.

High Court Upholds One-Year Suspension of Chartered Accountant for “Other Misconduct” in Public Issue Manipulation

Therefore, the ITAT restored the matter to the CIT(A), giving one more chance to the assessee, subject to a Rs 2,000 cost, which was directed to be deposited in the Prime Minister Relief Fund.

ITAT Restores Case, Granting Fresh Hearing Subject to Cost Payment

The court remanded the matter to the adjudicating authority. The Court gave the petitioner time until January 31, 2026, to submit a fresh reply to the SCN

HC Remands Matter as GST Notice Uploaded on Additional Notices Tab With No Date Mentioned for Hearing

The ITAT held that section 69C of the Income Tax Act is not applicable here, as the purchases were accounted for in the books of account and the assessee submitted all the supporting documents.

Section 69C Requires Proving Unexplained Source of Genuine Expenditure First: ITAT

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HC Upholds Revenue Appeal in Accommodation Entry Case Despite Tax Effect Below Rs. 1 Crore

High Court Upholds One-Year Suspension of Chartered Accountant for “Other Misconduct” in Public Issue Manipulation

ITAT Restores Case, Granting Fresh Hearing Subject to Cost Payment

HC Remands Matter as GST Notice Uploaded on Additional Notices Tab With No Date Mentioned for Hearing

Section 69C Requires Proving Unexplained Source of Genuine Expenditure First: ITAT

Major Financial and Regulatory Changes Coming in 2026: What You Need to Know