India's structured knowledge base for CAs & finance professionals — case laws, circulars, rulings, and act-wise references in one place.
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Section 148A Reassessment Procedure — Supreme Court’s Definitive Ruling in Rajeev Bansal Case: What Every Tax Professional Must Know Relevant…
Section 270A Penalty — Under-Reporting vs. Misreporting: Key Differences, Immunity Provisions & Landmark ITAT Rulings (2024–2025) Relevant Sections & Provisions…
Section 43B(h) MSME Payment Disallowance — Complete Guide with Emerging Case Laws, Practical Strategy & AY 2024-25 Litigation Alert Relevant…
Background: North American Coal Corporation India Private Limited (NACC) provided technical consultancy services related to coal mining under an Association Agreement…
Circular-No-1-2026 Section 12A of the Income-tax Act prescribes the conditions for availing exemption under Sections 11 and 12 by charitable…
Circular-2-2026 The Central Board of Direct Taxes (CBDT) has issued Circular No. 02/2026 to provide relief to deductors facing technical…
CBDT Circular 03/2026 prescribes Form I and Form II for Sovereign Wealth Funds seeking exemption under Schedule V of the…
Circular-4-2026 CBDT Circular 04/2026 prescribes revised rules for mandatory Document Identification Number (DIN) in notices, letters, orders and tax communications.…
Quick Summary Box Particulars Details Old Act Income Tax Act, 1961 New Act Income Tax Act, 2025 Date of Presidential…
Quick Summary Box Concept Under IT Act, 1961 Under IT Act, 2025 Income earning period Previous Year (PY) Tax Year…