05 Jul 2026, 11:57 pm
Income Tax - Depreciation on Revalued Assets in Book Profit Computation - Assessee, a company engaged in manufacturing, revalued its plant and machinery as on 1st April 1997 for technical and technological reasons. The revaluation was carried out as per accounting standards and duly audited and appr...
Income Tax - Reopening of assessment based on audit objections – A writ petition challenges the reopening of assessment for assessment year 2015-16 on the ground that the notice under Section 148A issued on 31.03.2022 is barred by limitation and is based on mere change of opinion relating to audit...
Income Tax - Reimbursement, Transfer pricing adjustment – The assessee is a company engaged in business of trading and manufacturing of pollution of control equipment’s, environment analyzer, medical instruments, and provision of marketing support services in relation to engineering, installatio...
Income Tax - Disallowance of business expenditure on basis of non-confirmation by third party – Assessee claims sales promotion/business promotion expenditure as reimbursement adjusted through running account with distributor. Third party confirms principal transaction but does not confirm the dis...
Income Tax - Consequential Assessment Order following Tribunal's Affirmation of Revisionary Order - A medical equipment trading company files return declaring nil income for assessment year 2018-19. During scrutiny assessment, the Assessing Officer (AO) determines book profit under section 115JB. Th...
Notification No. 73/2026 | 02-Jul-2026
Notification under section 10(46) of the Income Tax Act 1961 in the case of Mussoorie Dehradun Development Authority
NOTIFICATION No. 72 of 2026-CBDT | 25-Jun-2026
Notification u/s 45(3)(a)(i) r.w.s 45(4)(b) of the Income Tax Act, 2025 in the case of Public Health Foundation of India, Delhi
NOTIFICATION No. 71 of 2026-CBDT | 25-Jun-2026
Notification u/s 45(3)(a)(i) r.w.s 45(4)(b) of the Income Tax Act, 2025 in the case of University of Hyderabad
RBI/2026-27/100 | 08-Jun-2026
Swap Facility for External Commercial Borrowings and Overseas Foreign Currency Borrowings
RBI/2026-27/99 | 08-Jun-2026
Swap Facility for FCNR (B) Deposits
Circular No. 06/2026 | 02-Jul-2026
Condonation of delay in filing Form No. 10AB electronically for approval under clause (ii) of the first proviso to section 80G(5) of the Income-tax Act, 1961
Press Release | 17-Jun-2026
Direct Tax Collections for F.Y. 2026-27 (as on 17.06.2026)
F.No.225/56/2026/ITA-II | 04-Jun-2026
Guidelines for Compulsory Selection of returns for Complete Scrutiny during the Financial Year 2026-27 - Procedure for compulsory selection in such cases
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

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  • 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...
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