14 Dec 2025, 09:02 pm
Income Tax - Dividend Distribution Tax (DDT), India-UK Double Taxation Avoidance Agreement (DTAA), Section 115-O of Income Tax Act, 1961 - The taxpayer, a domestic company, paid dividends to its foreign parent company (UK resident) and paid DDT thereon under Section 115-O of the Income Tax Act, 1961...
Income Tax - Transfer Pricing, Transition Support Services, Operational and Business Support Services, Depreciation on Goodwill, Bad Debts Written Off - The assessee, a wholly owned subsidiary of GBT III BV, engaged in the business of arranging travel for domestic customers. The assessee had various...
Income Tax - Validity of assessment under Section 153A, Bogus subcontractor expenditure - The assessee is engaged in the business of execution of work contracts and development of projects. The assessee filed its return of income for AY 2014-15 admitting total income of Rs. 1,91,82,410. Subsequently...
Income Tax - Business loss, Interest paid on refund of advances, Excessive and unreasonable interest, Stock difference, Service tax and professional tax - The assessee is a company engaged in the business of real estate development. During the assessment proceedings, the Assessing Officer (AO) made ...
Income Tax - Exemption under Section 10A, set-off of unabsorbed depreciation and brought forward losses - The assessee, engaged in the business of designing and developing automotive products, had eligible and non-eligible undertakings. The assessee claimed deduction under Section 10A of the Income ...
Notification No. 62/2024 | 18-Jul-2024
Amendment to Notification No. 51/2021/F. No. 370142/43/2020-TPL , dated the 5th May, 2021
Notification No. 03/2025 | 17-Oct-2025
Approval of M/s Institute of Advanced Medical Research & Innovations Forum for Scientific Research under Section 35(1)(iia) of the Income Tax Act, 1961
Notification No. 155/2025 | 27-Oct-2025
Delegation of concurrent powers to the Commissioner of Income Tax, CPC Bengaluru for Rectification of Mistakes U/s 154 and issuance of Notices U/s 156 of Income Tax Act, 1961
Notification No. 02/2025 | 17-Oct-2025
Approval of M/s Mazumdar Shaw Medical Foundation for Scientific Research under Section 35(1)(iia) of the Income Tax Act, 1961
Notification No. 63/2024 | 18-Jul-2024
Amendment to Notification No. 52/2021/F. No. 370142/42/2020-TPL , dated the 5th May, 2021
Circular No. 15/2025 | 29-Oct-2025
Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2025-26
F.No.225/215/2018/ITA-II | 21-Oct-2025
C&AG performance Audit report No.1 of 2019 on "Assessment of assesses in entertainment sector" - Verification of expenses in assessment of Entertainment sector
Circular No. 14/2025 | 25-Sep-2025
Extension of timelines for filing of various reports of audit for Financial Year 2024-25 (relevant to Assessment Year 2025-26) by auditable assessees
Circular No. 13/2025 | 19-Sep-2025
Waiver of Interest under Section 220(2) on Delayed Demand Payment Due to Incorrect Claim of Rebate under Section 87A - Order under section 119 of the Income-tax Act, 1961
Circular No. 12/2025 | 15-Sep-2025
Extension of due date for filing of ITRs for the Assessment Year 2025-26

Recent Updates

TAX VISTA | Your Weekly Tax Recap

  • vivek
    05-Nov-2025
    The expenses incurred during a ‘no-income period’ would be considered as allowable u/s 37(1) of ITA’61 or 34(1) of ITA’25
    As per both ITA’61 and ITA’25 the position remains the same that any expenditure laid out or expended wholly and exclusively for the purposes of...
    Read more VIEW ALL »

Articles

VIEW ALL »

Bulletin Board

VIEW ALL »