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- An AO can’t reject a consistently followed, recognized method of accounting.
- Reassessment is valid if it’s based on specific information about bogus purchases.
- A write-off of accrued interest income is an allowable bad debt, provided that the interest was offered to tax in a previous year.
- An assessment order that is passed in the name of a non-existing company that has already merged with another entity is a legal nullity and is void from the beginning.
- Provisional sanction of refund claims on the basis of identification and evaluation of risk by the system
- Reclaim ₹75,000 Cr in Unclaimed Deposits Nationwide Drive Launched by Finance Minister
- Google has just released Gemini Robotics-ER 1.5
- CBDT to Explain why Due date of ITR not Extended in Audit Cases for AY 2025-26 : Gujarat High Court
- New FASTag rules from November 15, 2025.
- IMPORATANT GST CASE LAWS 03.10.2025
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