Month: February 2026
2,248 articlesFema / RBI
Fema / RBI
RBI (All India Financial Institutions – Credit Facilities) Amendment Directions, 2026 – Draft for Comments
Fema / RBI
Fema / RBI
RBI (Small Finance Banks – Credit Facilities) Second Amendment Directions, 2026 – Draft for Comments
Income Tax
Income Tax
Sec 68 Addition Deleted – Art Exhibition Sale Through Singapore Held Genuine Revenue Appeal Dismissed by ITAT Agra
Fema / RBI
Fema / RBI
RBI (Commercial Banks – Financial Statements: Presentation and Disclosures) Fourth Amendment Directions, 2026 – Draft for Comments
Income Tax
Income Tax
No Cessation of Liability U/s 41(1) – Long Outstanding Foreign Creditors Cannot Be Taxed Without Waiver or Write-Back
Fema / RBI
Fema / RBI
RBI (Commercial Banks – Concentration Risk Management) Second Amendment Directions, 2026 – Draft for Comments
Fema / RBI
Fema / RBI
RBI (Commercial Banks – Credit Facilities) Second Amendment Directions, 2026 – Draft for Comments
Income Tax
Income Tax
Addition U/s 68 Deleted – Accommodation Entry Allegation Failed Due to Mistaken Identity Absence of Bank Transactions
Income Tax
Income Tax
Section 115BAB Concessional Tax Cannot Be Denied in Subsequent Year Once Validly Exercised: ITAT Delhi
Income Tax
Income Tax
Assessment in Name of Amalgamating Bank Held Void – Order Passed on Non-Existent Entity Quashed Following Maruti Suzuki Principle
Income Tax
Income Tax
Clerical Error in ITR Cannot Deny Sec 10(23C)(iiiad) Exemption to Educational Society: ITAT Delhi
Income Tax
Income Tax
Cash Deposits Linked to Sales Cannot Be Taxed Again – Entire Additions Deleted; Assessee Appeal Allowed & Revenue Dismissed
Income Tax
Income Tax
Cash Gifts Taxable Without Donor Details: ITAT Delhi
Income Tax
Income Tax
