Judgement

ITAT confirms that interest received under Section 28 of the Land Acquisition Act after 2010 is taxable

ITAT: Interest on Enhanced Land Compensation Taxable as ‘Income from Other Sources’

ITAT follows binding High Court precedent to rule that mesne profits for overstay by tenant are taxable as revenue income, not capital receipt.

ICAI’s Board of Studies has announced Mock Test Paper Series I and Series II for CA Intermediate May 2026

ITAT holds that mere sale-in-transit and uncontroverted documents cannot justify 100% disallowance under Section 69C

The Court held that cancellation of GST registration with retrospective effect based on a vague SCN is unsustainable in law.

ROC imposed penalties totalling Rs. 20.72 lakh on the company and its directors for failure to spend or timely transfer the mandatory CSR amount.