05 Mar 2026, 03:06 am
Income Tax - Reopening of Assessment, Interest Expenses Disallowance, Change of Opinion - The assessee filed its return of income for the Assessment Year 1997-98. The assessment was later reopened by the Assessing Officer under Section 148 of the Income Tax Act, 1961 on the ground that the assessee ...
Income Tax - Certificate under Section 195, Virtual Permanent Establishment (PE) - The petitioner challenged the order dated 16.01.2026 and the certificate issued on 28.01.2026 under Section 195 of the Income Tax Act, 1961 by the respondent at the rate of 5.25% - Whether the respondent was justified...
Income Tax - Cost of acquisition, Depreciable asset, Long-term capital gain, Short-term capital gain - The assessee, a capital market broking firm, had acquired BSE membership cards in 1999-2000 for Rs. 4.65 crore and claimed depreciation on the same. Later, when BSE was demutualised in 2005, the as...
Income Tax - Section 251(1)(a), 151(2) and 147, Reassessment proceedings - The assessee filed an appeal against the order passed by the Ld. CIT(A), who had set aside the assessment order and restored the matter to the Assessing Officer (AO) for a fresh assessment. The Revenue also filed an appeal ag...
Income Tax - Deduction under Section 14A/80G - The assessee had claimed deduction of Rs.29,10,000/- under Section 80G of the Income Tax Act in respect of CSR expense. The Assessing Officer (AO) disallowed this deduction. The assessee had also earned exempt income during the year and the AO made an a...
No. 71-Ad(AT)/2025 | 19-Dec-2025
Income-tax (Appellate Tribunal) Amendment Rules, 2025
Notification No. 06/2026 | 08-Jan-2026
Notification u/s 10(23EE) of the Income Tax Act, 1961 in the case of Core Settlement Guarantee Fund
Notification No. 05/2025 | 07-Jan-2026
Notification under section 10(46A) of the Income Tax Act, 1961 in the case of Gorakhpur Industrial Development Authority
Notification No. 01/2026 | 05-Jan-2026
Notifies Inbar Holding RSC Limited as Pension Fund for Section 10(23FE) of the Income-tax Act, 1961
Notification No. 07/2026 | 14-Jan-2026
Notification under section 10(46) of the Income Tax Act, 1961 in the case of West Bengal Building and Other Construction Workers Welfare Board
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 | 05-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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