24 Mar 2026, 12:31 am
Income Tax - Unsecured Loans, Identity, Creditworthiness, Genuineness, Cash Credit, Repayment - The assessee company received unsecured loans aggregating to ₹5,49,50,000 during the relevant assessment years. The Assessing Officer (AO) treated these loans as unexplained cash credits under section 6...
Income Tax - Demonetization, Cash deposits, Section 69 of Income Tax Act, Unexplained investment, Books of account - The assessee, a company engaged in the business of milk procurement and distribution, made cash deposits during the demonetization period. The Assessing Officer (AO) treated the entir...
Income Tax - Suppressed Turnover, Net Profit Margin, Revised Return, Section 44AD, Maintaining Books of Accounts - The assessee, an individual engaged in the export business, filed its return of income declaring a total income of Rs. 5,18,564. During the assessment proceedings, the Assessing Officer...
Income Tax - Succession to business otherwise than on death, Amalgamation, Assessment on non-existent entity - The assessee company stood amalgamated with another company as per the order of the National Company Law Tribunal. However, the proceedings were initiated and orders were passed in the name...
Income Tax - Delay in Filing Appeal, Sufficient Cause - The assessee, a primary agricultural cooperative credit society, filed an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] with a delay of 23 months and 15 days. The CIT(A) dismissed the appeal due to the delay - Whether the dela...
Notification No. 24/2026 | 20-Mar-2026
Approval under Section 35(1)(ii) of the Income Tax Act, 1961 for ‘Tea Research Association’ Kolkata, West Bengal
Notification No. 23/2026 | 20-Mar-2026
Approval under Section 35(1)(ii) of the Income Tax Act, 1961 for 'The Ahmedabad University’ Ahmedabad, Gujarat
Notification No. 22/2026 | 20-Mar-2026
Income-Tax Rules, 2026
Notification No. 19/2026 | 05-Mar-2026
Income-tax (First Amendment) Rules, 2026 - Amendment to Rule 114F, 114G & 114H
Notification No. 08/2026 | 19-Jan-2026
Tax Exemption on Specified Income of "Aligarh Development Authority" U/s 10(46A) of Income-tax Act, 1961
FAQ on Interplay and Transition | 21-Mar-2026
FAQs on Interplay and Transition from the Income Tax Act, 1961 to the Income Tax Act, 2025
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. 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
Circular No. 14/2025 | 25-Sep-2025
Extension of timelines for filing of various reports of audit for Financial Year 2024-25 (relevant to Assessment Year 2025-26) by auditable assessees
Circular No. 13/2025 | 19-Sep-2025
Waiver of Interest under Section 220(2) on Delayed Demand Payment Due to Incorrect Claim of Rebate under Section 87A - Order under section 119 of the Income-tax Act, 1961

Recent Updates

FAQs on Interplay and Transition from the Income Tax Act, 1961 to the Income Tax Act, 2025
Circulars
Governments of India and France sign the Amending Protocol to amend the India-France Double Taxation Avoidance Convention
Circulars
Extension of timelines for filing of various reports of audit and Income Tax Returns (ITRs) for the Assessment Year 2025-26
Circulars
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 - 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
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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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