08 Aug 2026, 09:25 am
Income Tax - Capital Gains vs. Business Income, Adventure in the nature of trade – Assessee company acquired land in 2008 and constructed seven flats at 7 Marine Drive, Mumbai. Original intention as per Memorandum of Association was to hold land, construct flats and lease them out to earn rental i...
Income Tax - Reassessment Notice, Limitation, Section 148 Notice issued under old regime and new regime – Petitioner issued Section 148 Notice on 30.06.2021 under old regime for AY 2015-2016 in respect of income said to have escaped assessment of Rs.27,06,46,000/-. Later, Show Cause Notice under S...
Income Tax - Depreciation on Intangible Assets, Claim on opening WDV in subsequent year, Revenue Received in Advance, Recognition based on service delivery, Interest Expenditure, Borrowings acquired through slump sale – Assessee acquired platform business undertakings comprising intangible assets ...
Income Tax - Bogus Purchases, Unexplained Expenditure, Addition based on suspicion, Revisionary Jurisdiction under Section 263, Invocation during appeal – Assessee made purchases from suppliers during the year which were same parties involved in prior assessment years. During search and survey, st...
Income Tax - Penalty under Section 270A, Liability when additions deleted, Non-deduction of TDS under Section 194Q – Assessee made business income with three additions made by AO under section 143(3) for sight seeing expenses, royalty payment and provision for doubtful debts. CIT(A) deleted sight ...
NOTIFICATION No. 07/2026 | 06-Aug-2026
Order under Section 45(3)(b) of the Income Tax Act, 2025 read with Rule 35 of the Income Tax Rules, 2026 - Assumption to M/s Center for Incubation Innovation Research and Consultancy
Bill No. 150 of 2026 | 04-Aug-2026
Taxation and Other Laws (Amendment) Bill, 2026 [as presented in Lok Sabha]
Notification No. 110/2026 | 04-Aug-2026
Notification under Section 11 of the Income Tax Act, 2025 in the case of Odisha Joint Entrance Examination Committee
Notification No. 109/2026 | 04-Aug-2026
Notification under Section 536(1) of the Income Tax Act, 2025 in the case of Odisha Joint Entrance Examination Committee
Notification No. 108/2026 | 04-Aug-2026
Notification under Section 11 of the Income Tax Act, 2025 in the case of Noida Special Economic Zone Authority
F. No. 225/77/2026/ITA-II | 22-Jul-2026
Order under section 258(1)(b) of the Income-tax Act, 2025
F. No. 225/73/2025-ITA-II | 08-Jul-2026
Order u/s 239 of the Income Tax Act, 2025
F. No. 225/73/2025-ITA-II | 08-Jul-2026
Order u/s 119 of the Income Tax Act, 1961
F. No. 370149/107/2026-TPL | 06-Jul-2026
Clarificatory Frequently Asked Questions (FAQs) related to transition provisions under Section 536 of the Income-tax Act, 2025 (Repeals and Savings)
Circular No. 5 of 2026 | 12-May-2026
Clarifications on the Safe Harbour Rules for sale of rough diamonds in Special Notified Zones (SNZs)

Recent Updates

Advance Search

TAX VISTA | Your Weekly Tax Recap

  • vivek
    05-Jun-2026
    Exemption for Government Securities - Income-tax (Amendment) Ordinance, 2026
    The Income-tax (Amendment) Ordinance, 2026 promulgated on 5th June 2026 introduces targeted exemptions under Schedule IV of the...
    Read more VIEW ALL »

Articles

VIEW ALL »

Bulletin Board

VIEW ALL »

VIDEO | 31st March Income Tax To Do: in light of ITA'25 from 1st April 26