https://t.co/7YJ7QYzpHt #incometax In a recent judgment, Hon'ble Supreme Court has held that capital gain on sale of unlisted equity shares which were transferred pursuant to an arrangement impermissible under law, not entitled to exemption under DTAA.

https://t.co/1Ynac4ldZZ #customs #export CBIC extends export incentives to shipments through Postal Export Bills from 15th January 2026

https://t.co/alFYQy8evf #ibc In a recent judgment, Supreme Court has issued directions to Committee of Creditors for safeguard interests of homebuyers in Insolvency proceedings against the Builder/Real Estate developer Corporate Debtor

ITAT Varanasi has held that provisions of section 69C not applicable for addition made on account of disallowance of expenditure on employee salary and Wages as the source of funds was not disputed. https://t.co/Hrw4SUkDJl #IncomeTax

https://t.co/DNAdeot4ip #taxevasion #incometax n a recent judgment, Hon'ble Chhattisgarh High Court declined to direct Income Tax Department to investigate Tax Evasion Petition filed by Petitioner being barred by limitation

https://t.co/Kelg5gg2TQ #IncomeTax SC dismissed SLP of Revenue against judgment of Bombay HC in condoning delay in filing audit report Form 10B as CA of the assessee was not aware of online filing which was newly introduced and that mistake was unintentional and oversight.

https://t.co/sQKdM6vyk3 #IncomeTax In an interesting judgment, Guwahati ITAT held section 271B of the Income Tax Act have no precondition that if penalty u/s 271A is levied for non-maintenance of books u/s 44AA then penalty u/s 271B for non-audit u/s 44AB cannot be levied.

https://t.co/kEji3RQ9tk #IncomeTax Cash book cannot be rejected when availability of stock in trade is not disputed as per stock register which is accepted. Sales out of available stock cannot be disregarded as ingenuine.

https://t.co/9FRBM7iBx3 #incometax In a recent judgment, Delhi High Court has held that language of section 148 of the Income Tax Act after 01.04.2021, does not even require recording reason to believe much less possession of information or evidence.

https://t.co/fCyzioQuod #youngprofessional Income Tax Department, Lucknow is hiring Young Professional for assisting the Departmental Officers posted in various benches of ITAT, Lucknow. Last date to apply 19.01.2026

https://t.co/ybO9gYMAcU #incometax Supreme Court dismissed SLP of assessee against the judgment of Hon'ble Kerala High Court holding the land sold by the Petitioner as non-agricultural in the absence of any cogent evidence adduced except certificate issued by the Village Officer.

https://t.co/IgiVK5M55r #GST In a recent judgment, Civil Court decreed refund of security deposit in form of Fixed Deposit given at time of registration in VAT (pre-gst era) as in GST Regime there is no requirement of submission of a fixed deposit as security for registration.

https://t.co/RC3282k6ET #incometax ITAT accepted plea that pursuing remedy through rectification application u/s 154 within time, is a reasonable cause for condonation of delay in filing of appeal before CIT(A)

https://t.co/Bsc8aGV4ol #incometax ITAT allows depreciation on highway DBOT project rejecting the argument that assessee was not the owner of the road constructed by it and ownership of the asset is sine qua non for claiming depreciation under Section 32

https://t.co/hkMMmKywuL #incometax In a recent judgment, Calcutta High Court set aside penalty order u/s 270AA of the Income Tax Act holding that once assessee satisfies conditions mentioned in the section, the Assessing Officer would be bound to grant immunity to such assesse.

https://t.co/4yPVkWXuDs #cajobs NTPC Limited has invited applications from CA/CMA as young professionals with brilliant academic record to join NTPC Projects/Stations as Executive Trainee – Finance (CA/CMA). Last date to apply is 27.01.2026

https://t.co/st7WSwA0mj #gstat Allahabad High Court disposes GST appeals observing once procedure notified & appointments of Presidents and Members made to the respective Benches of GST Appellate Tribunal, it indicates the functioning of GST Appellate Tribunal are put to motion

ITAT Hyderabad quashed notice under section 148A as invalid holding that date of dispatch of notice as per the ITBA portal not determinative as the date of communication of notice through email may not necessarily be the same. https://t.co/h7N0L5GMLF #incometax

https://t.co/H8KLKL7wDL #gst In a recent judgment, Bombay High Court held that assignment of leasehold rights for a consideration shall be assignment/sale/transfer of benefits arising out of immovable property and would not amount to supply of services under GST Act.

https://t.co/R46yR25k59 #icai ICAI revises eligibility criteria for empanelment of organizations to impart industrial training from 12.01.2026