26 Feb 2026, 03:23 am
Income Tax - Section 148A and 68, Reassessment - The petitioner filed its income tax return for AY 2018-19 declaring total income of Rs. 1,94,98,840/-. The return was scrutinized, and an assessment order was passed under Section 143(3). Later, the respondent issued a notice under Section 148A(b) pro...
Income Tax - Disallowance under Section 14A, Long-term capital gains - The assessee is engaged in the manufacturing and trading of industrial and electrical products. During the assessment year 2014-15, the assessee received dividend income of Rs.1,26,250 which was claimed as exempt under Section 10...
Income Tax - Revisionary jurisdiction, Adequacy of inquiry, Explanation provided by assessee - The PCIT invoked the revisionary jurisdiction under Section 263 of the Income Tax Act, 1961 and set aside the assessment order passed by the Assessing Officer (AO) under Section 147 for the Assessment Year...
Income Tax - Penalty under Section 271(1)(c), Initiation of Penalty Proceedings, Recording of Satisfaction by Assessing Officer (AO) - The assessee, an infrastructure company, was levied a penalty of Rs. 3,74,31,109 under Section 271(1)(c) of the Income Tax Act, 1961 by the AO for alleged concealmen...
Income Tax - Unsecured loans, Accommodation Entries, Onus under Section 68, Creditworthiness of lenders - The assessee, a group company of Filatax India Limited, obtained unsecured loans from certain parties which were alleged by the Assessing Officer (AO) to be bogus accommodation providers. The AO...
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 | 26-Feb-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....
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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,...
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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...
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  • vivek
    09-Dec-2025
    CBDT’s NUDGE to Taxpayers to disclose Foreign Assets under Black Money Act...
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