Income Tax - Disallowance of purchases made from unverified parties on account of non-confirmation of sales by supplying parties and cheques cleared in names of third parties, Disallowance of wages on presumption of possibility of inflation of wages without material evidence or basis - Appellant was...
Income Tax – Deduction in respect of employment of new employees, Transfer Pricing Adjustment for IT & ITeS Services, Intra-Group Services Charges, Deemed International Transactions – Appellant engaged in business of providing manpower services including permanent, temporary contract recruitment, em...
Income Tax - Revisionary Jurisdiction, Assessment of international transactions in banking sector – Appellant bank engaged in provision of cross-border banking services and settlement services to foreign entities – Whether the Assessing Officer (AO) exercised jurisdiction under Section 263 (1)(b) in...
Income Tax - Benchmarking of IT Enabled Services provided by assessee to Associated Enterprise and non-Associated Enterprise segments – Whether internal TNMM (Transactional Net Margin Method) or external TNMM should be applied for benchmarking the said services where assessee maintains segmental acc...
Income Tax - Disallowance of Expenditure, Expenditure incurred to earn exempt income under Section 14A, Share Premium, Valuation of equity shares under section 56(2)(viib) and Rule 11UA – Whether Assessing Officer (AO) could disallow amount higher than suo-motu disallowance worked out by assessee –...
Income-tax (Fourth Amendment) Rules, 2026 - Amendment to Rule 160, 176, 225, 246, 256 and Form No. 169 & 171
Procedure for registration of reporting person/entity and submission of Form No. 98 as per rule 160 of the Income-tax Rules, 2026
Notification u/s 45(3)(a)(i) r.w.s. 45(4)(b) of the Income Tax Act, 2025 in the case of Indian Institute of Technology, Roorkee
Notification under section 258(1)(b) of Income Tax Act, 2025 for Secretary, ITE and C, Government of Andhra Pradesh
Notification under Section 11 of the Income Tax Act, 2025 in the case of Maharashtra Electricity Regulatory Commission