07 Mar 2026, 06:21 am
Income Tax - Interest expenses, Repairs and maintenance, Miscellaneous expenses - The assessee is a company engaged in the business of manufacturing insecticides and pesticides, which is a subsidiary of M/s. Gharda Chemicals Ltd. The Assessing Officer (AO) made disallowances under sections 36(1)(iii...
Income Tax - Bogus purchase, Protective addition, Rebate and discounts - The Revenue filed appeals against the order of CIT(A) challenging the allowability of alleged bogus purchase amounting to Rs.65,71,159/- and Rs.41,30,525/- and the disallowance of rebate and discount claims made on "protective"...
Income Tax - Reopening of Assessment, Limitation Period - The petitioner challenged the notice issued under Section 148 of the Income Tax Act, 1961 seeking to reopen the income tax assessment for the Assessment Year 2015-16. The search action was carried out on 18.05.2024 in the case of a third part...
Income Tax - Addition under Section 68, Bogus Creditors, Genuineness and Creditworthiness of Creditors - The Assessing Officer (AO) made an addition of INR 2,03,83,595 under Section 68 of the Income Tax Act, 1961 by treating the sundry creditors (mainly six parties) as unexplained/bogus liability. O...
Income Tax - Jurisdiction, Lack of Inquiry, Erroneous and prejudicial assessment order - The assessee company engaged in construction/infrastructure activities had filed its return of income for AY 2017-18 declaring total income as Nil. The case was selected for scrutiny and an assessment order was ...
Notification No. 19/2026 | 05-Mar-2026
Income-tax (Amendment) Rules, 2026 - Amendment to Rule 114F, 114G & 114H
Notification No. 02/2025 | 17-Oct-2025
Approval of M/s Mazumdar Shaw Medical Foundation for Scientific Research under Section 35(1)(iia) of the Income Tax Act, 1961
Notification No. 155/2025 | 27-Oct-2025
Delegation of concurrent powers to the Commissioner of Income Tax, CPC Bengaluru for Rectification of Mistakes U/s 154 and issuance of Notices U/s 156 of Income Tax Act, 1961
Notification No. 65/2024 | 18-Jul-2024
Amendment to Notification No. 54/2021/F. No. 370142/46/2020-TPL , dated the 5th May, 2021
Notification No. 153/2025 | 15-Oct-2025
Tax Exemption on Specified Income of "U.P. Awas Evam Vikas Parishad" from U/s 10(46A)
Press Release | 23-Feb-2026
Governments of India and France sign the Amending Protocol to amend the India-France Double Taxation Avoidance Convention
Circular No. 11 of 2025 | 02-Sep-2025
Modification to Circular No. 9 of 2022 (F. No. 370142/2/2022-TPL) dated 09.05.2022 of CBDT
Circular No. 12/2025 | 15-Sep-2025
Extension of due date for filing of ITRs for the Assessment Year 2025-26
F.No.225/215/2018/ITA-II | 07-Mar-2026
C&AG’s performance Audit report No.1 of 2019 on “Assessment of assesses in entertainment sector- verification of expenses in assessment of Entertainment sector
Circular No. 15/2025 | 29-Oct-2025
Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2025-26

Recent Updates

Income Tax - Notice under Section 148, Approval under Section 148A, Revision under Section 263 - The assessee challenged the order passed under Section 263 by the PCIT on the ground that the notice issued under Section 148 was invalid due to lack of ...
Caselaws
Income Tax - Exemption under Section 80G, Delay in filing application, Powers of CIT(E) to condone delay, Directory nature of timelines under Section 80G(5). The assessee filed an application for final registration under Section 80G(5)(iii) on 28.11....
Caselaws
Income Tax - Delay in filing appeal, Corporate dispute, Sufficient cause - The assessee company filed a delayed appeal before the CIT(A) by 1012 days against the assessment order. The delay was due to serious disputes between the two promoter groups,...
Caselaws
Income Tax - Mutuality, Deduction, Allowance - The assessee is an Association of Persons (AOP) that runs petrol bunks, an oil store, and an automobile spare parts division. It claimed certain income such as members' subscription, donation, entrance f...
Caselaws
Income Tax - Violation of principles of natural justice, Admission of additional evidence under Rule 46A, Contradictory findings by the CIT(A) - The assessee filed additional evidence along with a petition under Rule 46A before the CIT(A), but the CI...
Caselaws
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TAX VISTA | Your Weekly Tax Recap

  • vivek
    09-Dec-2025
    CBDT’s NUDGE to Taxpayers to disclose Foreign Assets under Black Money Act...
    CBDT has again received the information from foreign jurisdictions under the Automatic Exchange of Information (AEOI) program...
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