22 Jun 2026, 12:17 am
Income Tax - Fees for Technical Services, Secondment of Employees, "Make Available" Test, Cost to Cost Reimbursement, Professional Services, Definition under DTAA, "Make Available" Test - A US-based professional services company entered into deputation agreements with its Indian subsidiaries under w...
Income Tax - Transfer pricing adjustment on interest paid on compulsorily convertible debentures (CCDs), recharacterization as equity - During the relevant financial year, the assessee-company engaged in foreign exchange services issued CCDs to its associated enterprise at 9% per annum interest, res...
Income Tax - Taxability of standard software products, Fees for technical services - A company incorporated in Ireland, resident in Ireland under the India-Ireland DTAA, engaged in selling standard cybersecurity software products (FireEye software) in the field of cyber security by way of granting r...
Income Tax - Commission agency transactions, Gross profit addition, Limited scrutiny assessment and scope expansion - The assessee company was engaged in the business of purchase and sale of leatherette and rexine, and was also acting as a commission agent on behalf of third parties earning nominal ...
Income-tax Act, 1961 - Section 80G - Deduction for Corporate Social Responsibility Expenditure - Assessee incurred expenditure towards corporate social responsibility under legal obligation as per section 135 of the Companies Act, 2013, and claimed deduction under section 80G - Whether claim for ded...
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
Notification No. FEMA 389(1)/2026-RB | 29-May-2026
Foreign Exchange Management (Cross Border Merger) (Amendment) Regulations, 2026.
Notification No. FEMA 23(R)/(8)/2026-RB | 05-Jun-2026
Foreign Exchange Management (Export of Goods and Services) (First Amendment) Regulations, 2026
Ordinance No. 2 of 2026 | 05-Jun-2026
Income-tax (Amendment) Ordinance, 2026 - Amendment to Schedule IV
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
Circular No. 4/2026 | 31-Mar-2026
Referencing by Document Identification Number (DIN)

Recent Updates

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 - 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 - 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 - 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
    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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VIDEO | 31st March Income Tax To Do: in light of ITA'25 from 1st April 26