04 Apr 2026, 12:30 am
Income Tax - Section 80IB, Deduction, Interest income - The taxpayer company is engaged in manufacturing and trading of slitting color paper, GAF/X-Ray etc. For the assessment year 2011-2012, the taxpayer claimed a deduction of Rs.1,21,75,910/- under Section 80IB of the Income Tax Act, 1961. The ass...
Income Tax - Deduction under Section 44C, Interest Income on External Commercial Borrowings (ECBs), Taxability under Double Taxation Avoidance Agreement (DTAA) - The assessee, a banking company, received interest income of Rs. 668,07,07,663/- on ECBs given to Indian borrowers. The assessee had offer...
Income Tax - Depreciation, Goodwill, Block of Assets, Set-off of Business Loss - The assessee, an amalgamated company, claimed depreciation on goodwill arising from amalgamation and set-off of business loss of a unit acquired through amalgamation - Whether the assessee is entitled to claim depreciat...
Income Tax - Reassessment, Unaccounted Sales, Gross Profit Estimation, Rejection of Books of Accounts - The assessee-company, engaged in the business of manufacturing mouth fresheners, filed its original return of income. During a search operation at the residence of an employee, certain documents (...
Income Tax - Tax Disallowance, Bogus Purchases, Incorrect Notice - The assessee company made purchases from certain parties. Based on information received from the Investigation Wing, the Assessing Officer (AO) treated these purchases as non-genuine and made an addition of 12.5% of the alleged bogus...
Notification No. 56/2026 | 02-Apr-2026
MoU for Assistance in Collection of Taxes as Mode of Application of Article 26A of the Convention between the Government of the Republic of India and the Government of Japan for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income settled between the ...
Notification No. 55/2026 | 31-Mar-2026
Income-tax (Amendment) Rules, 2026 - Amendment to Rule 128
Notification No. 54/2026 | 31-Mar-2026
Income-tax (Tenth Amendment) Rules, 2026 - Amendment to Rule 10U
Notification No. 01/CPC(TDS)/2026 | 28-Mar-2026
Procedure, formats and standards for generation and allotment of Unique Identification Number (UIN) in respect of Form No. 121 and quarterly furnishing of Part B thereof by the payer
Notification No. 38/2026 | 27-Mar-2026
Notification u/s 10(46) in the case of Odisha PVTG Empowerment and Livelihoods Improvement Programme
Press Release | 01-Apr-2026
Income-tax Act, 2025 comes into force from 1st April, 2026
F. No. ADG(S)-1/PAN/M/3699/2026-AD-DD SYSTEMS 1-5 DELHI | 01-Apr-2026
Order for specifying Forms and procedures in relation to furnishing Application for PAN Correction under Rule 158(12) of Income-tax Rules, 2026 read with Section 262(4) of Income-tax Act, 2025
Circular No. 4/2026 | 31-Mar-2026
Referencing by Document Identification Number (DIN)
Press Release | 31-Mar-2026
CBDT Signs 219 Advance Pricing Agreements in FY 2025-26
Circular No. 2/2026 | 25-Mar-2026
Order under section 119 of the Income-tax Act, 1961 for extension of timeline for issuance of tax deducted at source (TDS) certificate under section 203 of the Act for the quarter ending 31st December 2025

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    30-Mar-2026
    Crackdown of CBDT on Restaurants; Are other B2C sectors are now “sensitive” and under close scrutiny?
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