Income Tax - Transfer Pricing, Turnover filter for selection of comparables, Exclusion of a software product company as comparable on the ground of functional dissimilarity, Re-working of margins of comparables on remand and requirement of fresh comparability analysis – Respondent was engaged in the...
Income Tax – Reopening, Extended period of sixteen years under section 149(1)(c) is applicable to a non-resident also – Appellant, the executor of the late assessee, a non-resident who had filed his return for the year, was served a notice under section 148 issued beyond four years from the end of t...
Income Tax – Condonation of delay in filing appeal, Appeal by the Appellant-Revenue was filed with a delay of two days, Addition of interest on income tax refund to book profit under Section 115JB, Addition of principal portion of lease rent to book profit under Section 115JB, Computation of interes...
Income Tax – Fees for Technical Services, Article 12(4) of India-China DTAA, Managerial and technical services rendered from outside India to Indian group company – The Appellant, a resident of China with no Permanent Establishment in India, provided management and consultancy services to its group...
Income Tax – Value of asset recorded in the books of the firm on the date of transfer is the full value of consideration, not the later revaluation – Appellant carried on a proprietary business until 31.03.1994, and from 01.04.1994 a firm with six partners was constituted to carry on the same busine...
Income-tax (Sixth Amendment) Rules, 2026 - Amendment to Rule 231 & Form No. 161
Further amendments to the Notification number S.O. 359, dated the 30th March, 1988 – Regarding Control of Notified Subordinate Officer under Income-Tax Authorities u/s 118 Income-Tax Act, 1961
Notification u/s 45(3)(a)(i) r.w.s. 45(4)(b) of the Income Tax Act, 2025 in the case of Jai Research Foundation, Valsad, Gujarat
Order under section 45(3)(b) of the Income Tax Act, 2025 read with Rule 35 of the Income Tax Rules, 2026
Income-tax (Fifth Amendment) Rules, 2026 - Amendment to Rule 215(1), 218(3), 219(5)&(8) and Form No. 132 & 141