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CA-relevant updates on income tax, GST, ICAI and SEBI — curated for Chartered Accountants in Pune & Maharashtra, with coverage of Bombay HC and ITAT Mumbai/Pune judgments.

Last refreshed: 23 Jun 2026, 09:06 pm ISTSources: PIB Finance Ministry · Google News India

8% Profit Addition Deleted as Revenue cannot Change Consistent Accounting Method: ITAT Delhi

Income Tax

1 hour ago

8% Profit Addition Deleted as Revenue cannot Change Consistent Accounting Method: ITAT Delhi

The ITAT Delhi held that the Revenue could not substitute the assessee's consistent method of revenue recognition with the Percentage of Completion Method for only one assessment year. It deleted the profit estimation made on work-in-progress. The post 8% Profit Addition Deleted

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Income Tax

Gujarat HC Quashes Section 271D SCNs as12-Week Deadline Was Missed

1 hour ago

Income Tax

Income Tax Reopening Quashed as Section 31 of IBC Barred Fresh Tax Proceedings: Gujarat HC

1 hour ago

Income Tax

ITAT Deletes TP Adjustment as TNMM Was Consistently Accepted in Earlier Years

1 hour ago

Income Tax

Gujarat HC Quashes Assessment as Section 68 Addition Was Made Without Reasons

1 hour ago

Bombay HC Allows GST Refund Because Section 54 Amendment Is Prospective

GST Updates

2 hours ago

Bombay HC Allows GST Refund Because Section 54 Amendment Is Prospective

Electronic Gold Receipts (EGRs): Analysis of India’s Exchange-Traded Gold Ecosystem

SEBI & Markets

3 hours ago

Electronic Gold Receipts (EGRs): Analysis of India’s Exchange-Traded Gold Ecosystem

Tax Bar Seeks GSTAT Appeal Deadline Extension as Portal Issues Hinder Filing

GST Updates

3 hours ago

Tax Bar Seeks GSTAT Appeal Deadline Extension as Portal Issues Hinder Filing

News articles are sourced from the Press Information Bureau (Government of India) and Google News aggregator. All articles link to their original publishers. Mahesh Joshi & Associates does not claim ownership of third-party content. For official CBDT / GSTN / MCA notifications, always refer to the source website.

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News & Updates

8% Profit Addition Deleted as Revenue cannot Change Consistent Accounting Method: ITAT Delhi

Gujarat HC Quashes Section 271D SCNs as12-Week Deadline Was Missed

Income Tax Reopening Quashed as Section 31 of IBC Barred Fresh Tax Proceedings: Gujarat HC

ITAT Deletes TP Adjustment as TNMM Was Consistently Accepted in Earlier Years

Gujarat HC Quashes Assessment as Section 68 Addition Was Made Without Reasons

Bombay HC Allows GST Refund Because Section 54 Amendment Is Prospective

Electronic Gold Receipts (EGRs): Analysis of India&#8217;s Exchange-Traded Gold Ecosystem

Tax Bar Seeks GSTAT Appeal Deadline Extension as Portal Issues Hinder Filing

Electronic Gold Receipts (EGRs): Analysis of India’s Exchange-Traded Gold Ecosystem