Income Tax

News, Blog, Income Tax

February 12, 2026

Word ‘exclusively’ used in Sec. 40(a)(iib) can’t be defeated if Govt. issued licence to more than one undertaking: SC

Case Details: Kerala State Beverages … Continue reading “Word ‘exclusively’ used in Sec. 40(a)(iib) can’t be defeated if Govt. issued licence to more than one undertaking: SC”

Blog, News, Income Tax

February 24, 2026

Dilemmas of AOPs engaged in business

V. K. SUBRAMANI – [2021] … Continue reading “Dilemmas of AOPs engaged in business”

Blog, Income Tax

December 2, 2024

25 Key Income-tax Case Laws of the Year 2021 | Taxmann.com

Editorial Team The year 2021 … Continue reading “25 Key Income-tax Case Laws of the Year 2021 | Taxmann.com”

Blog, News, Income Tax

February 17, 2026

Tax Dept. conducts search on two major mobile manufacturing Cos; more than Rs. 5500 crore are under scanner

Press Release, dated 31-12-2021 The … Continue reading “Tax Dept. conducts search on two major mobile manufacturing Cos; more than Rs. 5500 crore are under scanner”

News, Blog, Income Tax

February 17, 2026

An order can’t be treated as non-speaking order just because it is short and to the point: HC

Case Details: Muvendar Trust v. … Continue reading “An order can’t be treated as non-speaking order just because it is short and to the point: HC”

Blog, News, Income Tax

February 12, 2026

CBDT notifies Form 56FF to be furnished by assessee claiming Sec. 10A deduction

Notification No.140/2021, dated 29-12-2021 The … Continue reading “CBDT notifies Form 56FF to be furnished by assessee claiming Sec. 10A deduction”

Blog, News, Income Tax

February 17, 2026

New Faceless Appeal Scheme 2021 – 10 things to know

Editorial Team, dated 30-12-2021 During … Continue reading “New Faceless Appeal Scheme 2021 – 10 things to know”

Blog, News, Income Tax

February 17, 2026

CBDT provides one-time relaxation to verify e-filed returns; ITRs filed for AY 2020-21 can be verified by 28-02-2022

Circular no. 21/2021, dated 28-12-2021 … Continue reading “CBDT provides one-time relaxation to verify e-filed returns; ITRs filed for AY 2020-21 can be verified by 28-02-2022”

Blog, News, Income Tax

February 12, 2026

CBDT notifies Faceless Appeal Scheme, 2021; CIT(A) is bound to allow request for personal hearing

Notification No. 139/2021, dated 28-12-2021 … Continue reading “CBDT notifies Faceless Appeal Scheme, 2021; CIT(A) is bound to allow request for personal hearing”

Blog, News, Income Tax

February 13, 2026

CBDT notifies Rule 2DD for computation of exempt income of specified fund u/s 10(23FF)

Notification No. 138/2021, dated 27-12-2021 … Continue reading “CBDT notifies Rule 2DD for computation of exempt income of specified fund u/s 10(23FF)”