Latest Updates
-
. Time-Travel Tax Traps: Finance Bill 2026 Nullified Pending Judicial Relief. Courtroom Wins Undone: The Sneaky Retrospective Moves of Union Budget 2026 to follow here2
-
1Treaties are contracts, not shields for abuse: ASG N Venkataraman on Tiger Global judgment
The Additional Solicitor General says that the Supreme Court’s Tiger Global ruling cannot be construed as being anti-investment. -
Tax treaties should not become instruments to erode India’s tax sovereignty, national security: Supreme Court Justice Pardiwala observed that sovereignty in the modern world is no longer confined to territorial control and military strength, but increasingly extends to economic and fiscal autonomy.bar and bench
-
No TP adjustment of trade receivables in case of a debt-free company vide 81ITR (Trib) (SN) 94.
-
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib) 176.
- Tax Services
- Regulatory Services
- Audit & Assurance Services
- Corporate Advisory
Today's
Investment in Share Capital of Subsidiary Companies
Tata Chemicals in a reported case at [2026] 183 taxmann.com 164 (Mumbai – Trib.)[04-02-2026], had borrowed funds for the purpose of purchasing shares of its foreign subsidiaries. It incurred interest on such borrowings and claimed the same as a deductible business expenditure under Section 36(1)(iii) of the Income-tax Act, 1961. The Assessing Officer disallowed the […]
Yesterday's
Provision for expenses
In [2025] 180 taxmann.com 276 (Visakhapatnam – Trib.) the assessee made provision for tax audit expenses. As no taxes were withheld on the said provision the tax officer disallowed the same under section 40(a)(ia) stating that the assessee had not placed on record any material which would substantiate that the payees had paid corresponding tax […]
Featured Publications
Latest Updates
-
. Time-Travel Tax Traps: Finance Bill 2026 Nullified Pending Judicial Relief. Courtroom Wins Undone: The Sneaky Retrospective Moves of Union Budget 2026 to follow here2
-
1Treaties are contracts, not shields for abuse: ASG N Venkataraman on Tiger Global judgment
The Additional Solicitor General says that the Supreme Court’s Tiger Global ruling cannot be construed as being anti-investment. -
Tax treaties should not become instruments to erode India’s tax sovereignty, national security: Supreme Court Justice Pardiwala observed that sovereignty in the modern world is no longer confined to territorial control and military strength, but increasingly extends to economic and fiscal autonomy.bar and bench
-
No TP adjustment of trade receivables in case of a debt-free company vide 81ITR (Trib) (SN) 94.
-
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib) 176.
Today's
Yesterday's
Featured Publications
Latest Updates
-
. Time-Travel Tax Traps: Finance Bill 2026 Nullified Pending Judicial Relief. Courtroom Wins Undone: The Sneaky Retrospective Moves of Union Budget 2026 to follow here2
-
1Treaties are contracts, not shields for abuse: ASG N Venkataraman on Tiger Global judgment
The Additional Solicitor General says that the Supreme Court’s Tiger Global ruling cannot be construed as being anti-investment. -
Tax treaties should not become instruments to erode India’s tax sovereignty, national security: Supreme Court Justice Pardiwala observed that sovereignty in the modern world is no longer confined to territorial control and military strength, but increasingly extends to economic and fiscal autonomy.bar and bench
-
No TP adjustment of trade receivables in case of a debt-free company vide 81ITR (Trib) (SN) 94.
-
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib) 176.
Latest Updates
-
. Time-Travel Tax Traps: Finance Bill 2026 Nullified Pending Judicial Relief. Courtroom Wins Undone: The Sneaky Retrospective Moves of Union Budget 2026 to follow here2
-
1Treaties are contracts, not shields for abuse: ASG N Venkataraman on Tiger Global judgment
The Additional Solicitor General says that the Supreme Court’s Tiger Global ruling cannot be construed as being anti-investment. -
Tax treaties should not become instruments to erode India’s tax sovereignty, national security: Supreme Court Justice Pardiwala observed that sovereignty in the modern world is no longer confined to territorial control and military strength, but increasingly extends to economic and fiscal autonomy.bar and bench
-
No TP adjustment of trade receivables in case of a debt-free company vide 81ITR (Trib) (SN) 94.
-
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib) 176.
- Tax Services
- Regulatory Services
- Audit & Assurance Services
- Corporate Advisory
Today's
Investment in Share Capital of Subsidiary Companies
Tata Chemicals in a reported case at [2026] 183 taxmann.com 164 (Mumbai – Trib.)[04-02-2026], had borrowed funds for the purpose of purchasing shares of its
Yesterday's
Provision for expenses
In [2025] 180 taxmann.com 276 (Visakhapatnam – Trib.) the assessee made provision for tax audit expenses. As no taxes were withheld on the said provision
Featured Publications
Offices
Gurgaon Office
Block A1, H. No 68, lower Ground Floor,
Sushant Lok II,
Golf Course Road, Gurgaon 122011
Delhi Office
Chamber no 3A, Old Lawyers chamber Block,
Patiala House Court Complex, New Delhi 110001
Learn more about our legal partner
Unwarranted additions- Need for Provision to Annex Computation of Income and Supporting Notes with ITR and Tax Audit Report
In [2025] 176 taxmann.com 470 (Calcutta) Britannia Industries acquired land and building from Bombay Dyeing at a price significantly lower to the stamp duty value.
Wrong reopening
Here is a case of a person who is slapped with a notice of reopening on the basis of search in the case of a
Cash n All
If you hold, carry, deposit, invest, borrow or receive cash but can’t conclusively explain by evidence the nature, source and genuineness thereof then be prepared
Tax Services
Regulatory Services
Audit & Assurance Services
Corporate Advisory
[2025] 176 taxmann.com 119 (Article)- Integrating MSME and GST Thresholds for Fair Business Practices
India Legal
Provides in-depth coverage of the Indian legal industry, law firm news, and career guidance for students and professionals.Provides in-depth coverage of the Indian legal industry,
Jharkhand High Court pointers to taxpayers
In dismissing writ of TELCO CO-OPERATIVE SOCIETY LTD. in (2024] 471 ITR 285 (Jhar)it is held desirable under the law by the High Court of
Total Irony
There are two adjoining sections 263 and 264. Whereas section 263 deal with orders prejudicial to the interest of revenue section 264 deals with any
Transactions with dubious entities is reason enough for case reopening vide 4211TR624
Transactions with dubious entities is reason enough for case reopening vide 4211TR624
Transactions with dubious entities is reason enough for case reopening vide 4211TR624
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib)
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib)
Commissioner (A) is not empowered to enhance income a new source of income vide 82ITR 9Trib)
Startups
Technology
Finance
Leadership
Permanent Establishment – Insights
Download the pdf from here. periodic Nov 14 Permanent Establishment – Insights
Articles
Stay Connected
YouTube
Subscribe To Our Newsletter
Get unlimited access to Executive Insight and stay ahead of the curve.