Month: February 2026
2,248 articlesIncome Tax

Income Tax
Letter of Comfort didn’t constitute International Transaction: TP adjustment deleted
Income Tax

Income Tax
Revision U/s 263 Upheld – Lack of Enquiry on Alleged Cash Payment in Property Purchase
Income Tax

Income Tax
Disallowance U/s 14A while computing book profit U/s 115JB deserved to be deleted
Fema / RBI

Fema / RBI
Revised Draft RBI (Small Finance Banks – Prudential Norms on Capital Adequacy) Second Amendment Directions, 2026
Income Tax

Income Tax
Demonetisation Cash Deposits Deleted – Source Explained from Books & Sales
Fema / RBI

Fema / RBI
Revised Draft RBI (Small Finance Banks – Financial Statements: Presentation and Disclosures) – Second Amendment Directions, 2026
Income Tax

Income Tax
Section 69A Addition Deleted & Reopening Quashed – No Ownership of Money & Borrowed Satisfaction
Fema / RBI

Fema / RBI
RBI issues Amendment Directions on Capital Market Exposure
Fema / RBI

Fema / RBI
RBI invites public comments on the Draft Circular on Lead Bank Scheme (LBS)
Income Tax

Income Tax
Reassessment Quashed – Invalid Approval U/s 151 Vitiates Jurisdiction
Service Tax

Service Tax
Service tax demand on adda-fees under Business Support Services not sustained
Income Tax

Income Tax
Reassessment Quashed – No Addition on Original Reason for Reopening
Income Tax

Income Tax
Notice U/s 148 quashed as sanction U/s 151 obtained from non-competent authority
Finance

Finance
