21 Feb 2026, 02:45 am
Income Tax - Penalty under Section 270A, Immunity under Section 270AA, Transfer Pricing Adjustment, Arm's Length Price - The petitioner, a company, had filed its return of income for the Assessment Year 2020-21 declaring a gross total income of Rs.283,97,38,290/-. During the assessment proceedings, ...
Income Tax - Transfer Pricing, Arm's Length Price, Corporate Guarantee, Interest on Convertible Loan, Reimbursement of expenses, Sale of finished products, Research and Development expenses - The assessee company is engaged in manufacturing and trading of pharmaceutical products. The Deputy Commissi...
Income Tax - Depreciation, Corporate Guarantee Commission, Forex Loss, R&D Expenditure, Section 14A Disallowance - The assessee, an automotive manufacturing company, filed an appeal against the order of the CIT(A) for the assessment year 2009-10. The Revenue also filed a cross-appeal against the ord...
Income Tax - Section 14A and 37, Disallowance, Deduction, Mine Closure Expenses - The assessee, a company engaged in mining and power generation, filed its return of income for AY 2017-18 declaring total income of Rs. 208.50 crores. The Assessing Officer (AO) made disallowance under Section 14A read...
Income Tax - TDS, Employment relationship, Consultancy agreement - The tax department conducted a survey at the assessee company's premises and found that the company had deducted tax under Section 194J instead of Section 192 on payments made to certain doctors engaged as consultants. The tax depart...
Notification No. 17/2026 | 05-Feb-2026
Tax Exemption on Specified Income of "District Legal Service Authority’, Faridabad" U/s 10(46) of Income-tax Act, 1961
Notification No. 07/2026 | 14-Jan-2026
Notification under section 10(46) of the Income Tax Act, 1961 in the case of West Bengal Building and Other Construction Workers Welfare Board
Notification No. 06/2026 | 08-Jan-2026
Notification u/s 10(23EE) of the Income Tax Act, 1961 in the case of Core Settlement Guarantee Fund
Notification No. 05/2025 | 07-Jan-2026
Notification under section 10(46A) of the Income Tax Act, 1961 in the case of Gorakhpur Industrial Development Authority
No. 71-Ad(AT)/2025 | 19-Dec-2025
Income-tax (Appellate Tribunal) Amendment Rules, 2025
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

Notification u/s 10(23EE) of the Income Tax Act, 1961 in the case of Core Settlement Guarantee Fund
Notifications
Notification under section 10(46A) of the Income Tax Act, 1961 in the case of Gorakhpur Industrial Development Authority
Notifications
Income Tax - Mutuality, Deduction, Allowance - The assessee is an Association of Persons (AOP) that runs petrol bunks, an oil store, and an automobile spare parts division. It claimed certain income such as members' subscription, donation, entrance f...
Caselaws
Income Tax - Delay in filing appeal, Corporate dispute, Sufficient cause - The assessee company filed a delayed appeal before the CIT(A) by 1012 days against the assessment order. The delay was due to serious disputes between the two promoter groups,...
Caselaws
Income Tax - Exemption under Section 80G, Delay in filing application, Powers of CIT(E) to condone delay, Directory nature of timelines under Section 80G(5). The assessee filed an application for final registration under Section 80G(5)(iii) on 28.11....
Caselaws
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  • vivek
    09-Dec-2025
    CBDT’s NUDGE to Taxpayers to disclose Foreign Assets under Black Money Act...
    CBDT has again received the information from foreign jurisdictions under the Automatic Exchange of Information (AEOI) program...
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