![Provision for Future Expenses Allowable under Matching Principle: ITAT Quashes Reassessment due to Lack of New Material [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111077-provision-future-expenses-matching-principle-itat-quashes-reassessment-lack-new-material-taxscan.webp "Provision for Future Expenses Allowable under Matching Principle: ITAT Quashes Reassessment due to Lack of New Material [Read Order]")
Provision for Future Expenses Allowable under Matching Principle: ITAT Quashes Reassessment due to Lack of New Material [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal ( ITAT ) quashed the reassessment initiated under Section 147/148 and deleted the disallowance...
![‘Amount was Towards Tax Arrears not Bribe’: Bombay HC Rejects State’s Plea in ‘Gramsevak’ Bribery Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/13/250x150_2111878-bombay-high-court-taxscan.jfif "‘Amount was Towards Tax Arrears not Bribe’: Bombay HC Rejects State’s Plea in ‘Gramsevak’ Bribery Case [Read Order]")
![ICAI Announces Exam Schedule for CA Foundation, Intermediate & Final - May 2026 [Read Notification]](https://images.taxscan.in/h-upload/2025/12/13/250x150_2111870-icai-announces-exam-schedule-ca-foundation-intermediate-final-may-2026-taxscan.webp "ICAI Announces Exam Schedule for CA Foundation, Intermediate & Final - May 2026 [Read Notification]")
![120 Convicted in 6,312 ED Money Laundering Cases Between 2014-2025: Parliament Data [Read Order]](https://images.taxscan.in/h-upload/2025/12/09/500x300_2111086-ed-money-laundering-cases-parliament-data-taxscan.webp "120 Convicted in 6,312 ED Money Laundering Cases Between 2014-2025: Parliament Data [Read Order]")
![Climatic/Temperature Test Chambers Classifiable as Instruments for Physical Analysis: CAAR [Read Order]](https://images.taxscan.in/h-upload/2025/12/08/500x300_2110948-climatic-temperature-test-chambers-instruments-physical-analysis-caar-taxscan-.webp "Climatic/Temperature Test Chambers Classifiable as Instruments for Physical Analysis: CAAR [Read Order]")
Confiscation Proceedings on Excess Stock Without Jurisdiction: Allahabad HC sets aside Ex-Parte order passed Without Hearing [Read Order]
The Allahabad High Court set aside an ex-parte order that initiated confiscation proceedings and raised a demand and ruled that proceedings against surplus stock found during a survey under Section...
![Confiscation Proceedings on Excess Stock Without Jurisdiction: Allahabad HC sets aside Ex-Parte order passed Without Hearing [Read Order]](https://images.taxscan.in/h-upload/2025/12/08/500x300_2111010-confiscation-proceedings-excess-stock-jurisdiction-allahabad-hc-ex-parte-order-passed-hearing-taxscan.webp "Confiscation Proceedings on Excess Stock Without Jurisdiction: Allahabad HC sets aside Ex-Parte order passed Without Hearing [Read Order]")
Gold of Turkish Nationals Came for Medical Treatment Seized: Delhi HC orders Re-export, Directs Warehouse Charges at Detention-Date Rates [Read Order]
The High Court of Delhi has directed the Customs Department to implement an earlier adjudication order permitting the re-export of seized gold jewellery, holding that the delay in payment of...
![Gold of Turkish Nationals Came for Medical Treatment Seized: Delhi HC orders Re-export, Directs Warehouse Charges at Detention-Date Rates [Read Order]](https://images.taxscan.in/h-upload/2025/12/10/500x300_2111252-gold-of-turkish-nationals-came-medical-treatment-seized-taxscan.webp "Gold of Turkish Nationals Came for Medical Treatment Seized: Delhi HC orders Re-export, Directs Warehouse Charges at Detention-Date Rates [Read Order]")
Fresh Assessment on Increased Plinth Area Justified u/s 5(4) of Kerala Building Tax Act: Kerala HC Dismisses Challenge to Demand [Read Order]
The Court found that the petitioner’s own pleading and documents admitted that they had carried out additional constructions after the initial assessment. The Kerala High Court has upheld a fresh...
![Fresh Assessment on Increased Plinth Area Justified u/s 5(4) of Kerala Building Tax Act: Kerala HC Dismisses Challenge to Demand [Read Order]](https://images.taxscan.in/h-upload/2025/12/12/500x300_2111594-fresh-assessment-plinth-area-kerala-building-tax-act-kerala-hc-taxscan.webp "Fresh Assessment on Increased Plinth Area Justified u/s 5(4) of Kerala Building Tax Act: Kerala HC Dismisses Challenge to Demand [Read Order]")
Orissa HC Refuses to Reopen Dismissed EPFO Writ, Says Review Cannot Become ‘Appeal in Disguise’ without Error Apparent on Record [Read Order]
The Orissa High Court has dismissed a review petition filed by the Employees’ Provident Fund Organisation ( EPFO ), refusing to reopen its earlier judgment that had upheld a Central Administrative...
![Orissa HC Refuses to Reopen Dismissed EPFO Writ, Says Review Cannot Become ‘Appeal in Disguise’ without Error Apparent on Record [Read Order]](https://images.taxscan.in/h-upload/2025/12/12/500x300_2111633-orissa-hc-epfo-taxscan.jfif "Orissa HC Refuses to Reopen Dismissed EPFO Writ, Says Review Cannot Become ‘Appeal in Disguise’ without Error Apparent on Record [Read Order]")