Revisionary power of commissioner
Hitech Analytical Services v. Pr. CIT Decision: Case remanded. Revision under section 264–Firm’s expenses claimed in individual return– Filed revised computation for…
Section 264
Recent Posts
- ROC Bengaluru Imposes Penalty for Approving Share Transfer in Physical Form
- Budget 2026: No deduction of interest in case of dividend income
- AI vs. Tax Evasion: The Success of NUDGE:
- No Permanent Establishment In India, Booking. com’s ₹3,960 Cr Commission Not Taxable: ITAT
- Making March Meaningful – Because 31st March Doesn’t Come with an Extension!
- Updated Return Allowed Even After Reassessment Notice – A Fresh Compliance Window under Finance Bill 2026
- Advance Tax under the Income Tax Act, 2025: Who Must Pay, Instalment Dates, and Interest Implications
- Compliance Calendar for March’2026
- GST Show Cause Notice Cannot Club Multiple Years: A Big Relief from Bombay High Court
- Draft Income-tax Rules, 2026: Salary Taxation Finally Gets an Inflation Reality Check
