08 Jul 2026, 10:13 pm
Income Tax - Penalty for concealment of income - Assessee filed return declaring loss. Assessment officer completed assessment determining substantial income and initiated penalty proceedings under section 271(1)(c) without specifying whether penalty was for concealment of income or furnishing inacc...
Income Tax - Reopening of Assessment after liquidation and sale as going concern - A company undergoes Corporate Insolvency Resolution Process, is subsequently liquidated, and is acquired by another entity as a going concern on a "clean slate" basis with all past liabilities extinguished as per the ...
Income Tax - Reopening of assessment – The petitioner's income tax assessment for AY 2012-13 was completed under section 143(3) after thorough scrutiny where the Assessing Officer (AO) examined all relevant books of accounts, supporting bills, vouchers and party ledgers in respect of various opera...
Income Tax - Deduction of Mine Development Expenditure under Section 37 vs Section 35E, Net Expenditure, Deduction of Expenditure – Mining contractor engaged in overburden removal and excavation of lignite from mines owned by third party under a 30-year contract – Assessee claimed mine developme...
Income Tax - Independent Professional Services vs. Fees for Technical Services - A non-resident individual, who is a tax resident of Germany, renders marketing support and business development services to Indian entities for procuring business opportunities outside India without maintaining any perm...
Notification No. 79/2026 | 07-Jul-2026
Notification under section 11 of the Income tax Act, 2025 in case of Core Settlement Guarantee Fund
Notification No. 78/2026 | 07-Jul-2026
Notification under section 536(1) of the Income tax Act, 2025 in case of Core Settlement Guarantee Fund
Notification No. 77/2026 | 06-Jul-2026
Notification under Schedule VII (Table: Sl. No. 42) read with section 11 of the Income tax Act, 2025 in the case of Telangana Pollution Control Board
NOTIFICATION No. 76 of 2026-CBDT | 06-Jul-2026
Notification u/s 45(3)(a)(ii) rws 45(4)(b) of the Income tax Act, 2025 in the case of Indian Institute for Human Settlements, Bangaluru
Notification No. 75/2026 | 03-Jul-2026
Proposal for notification under section 400 of the Income tax Act 2025 providing for exemption from TDS in respect of payments of lease rents to units of ship leasing companies in IFSC
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)
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

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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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