TaxCorp · Direct Taxes Friday, 4 September 2026

Search Income Tax decisions, acts & circulars

Full-text search across Supreme Court, High Court & ITAT judgments, the Income Tax Act & rules, and CBDT circulars and notifications.

Today's paper

The latest additions across the Direct Tax library.

Latest judgments View all →
HC-BOMBAY ·24 Aug 2026·Case remanded
MANJUSHA SANJAY RATHI THR HER POWER OF ATTORNEY HOLDER MISHRILAL HIRALAL TOSHINIWAL v. THE PRINCIPAL COMMISSIONER INCOME TAX NASHIK AND OTHERS

(2026) TaxCorp (DT) 216940 (HC-BOMBAY)

Section 147-A of the Income-tax Act, 1961 - Batch of writ petitions challenging validity of Section 147-A of the Income-...

HC-BOMBAY ·24 Aug 2026·Case remanded
MAHAVIR CIVIL ENGINEERING AND SERVICES PVT LTD THROUGH ITS DIRECTOR DELLIP KOTECHA v. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE 1 AND OTHERS

(2026) TaxCorp (DT) 216939 (HC-BOMBAY)

Section 147-A of the Income-tax Act, 1961 - Batch of reassessment writ petitions directed to be transferred to Principal...

HC-BOMBAY ·24 Aug 2026·Case remanded
LAXMAN BHIKAJI GHANDARE v. THE PRINCIPAL CHIEF COMMISSIONER INCOME TAX AND OTHERS

(2026) TaxCorp (DT) 216938 (HC-BOMBAY)

Section 147-A of the Income-tax Act, 1961 - Constitutional validity of Section 147-A of the Income-tax Act challenged —...

HC-BOMBAY ·24 Aug 2026·Case remanded
UDAY DEVIDAS SHINKAR v. THE PRINCIPAL COMMISSIONER INCOME TAX 1 AND ANOTHER

(2026) TaxCorp (DT) 216937 (HC-BOMBAY)

Section 147-A of the Income-tax Act, 1961 - Bombay High Court directs transfer of reassessment-validity challenges under...

HC-BOMBAY ·24 Aug 2026·Case remanded
PAWANKUMAR RAJENDRA MUTHA v. THE ASSISTANT COMMISSIONER INCOME TAX AND OTHERS

(2026) TaxCorp (DT) 216936 (HC-BOMBAY)

Section 147-A of the Income-tax Act, 1961 - Bombay High Court, Aurangabad Bench, transfers batch of reassessment writ pe...

ITAT orders View all →
ITAT-PUNE ·13 Aug 2026· In favour of assessee
Deputy Commissioner of Income Tax v. Bajaj Finserv Direct Ltd.

Section 37(1), of the Income-tax Act, 1961 / Section 34, of the Income-tax Act, 2025 - Digital marketing and search engi...

ITAT-MUMBAI ·12 Aug 2026· Matter remanded
PPG Asian Paints (P.) Ltd. v. Deputy Commissioner of Income-tax

Section 37(1), of the Income-tax Act, 1961 / Section 34, of the Income-tax Act, 2025 - Ad hoc disallowances under sectio...

ITAT-RAIPUR ·05 Aug 2026· In favour of assessee
Income-tax Officer v. Satkar Caterers (P.) Ltd.

Sections 151, 147, 148, of the Income-tax Act, 1961 / Sections 284, 279, 280, of the Income-tax Act, 2025 - Approval for...

ITAT-AHMEDABAD ·03 Aug 2026· In favour of assessee
State Bank of India v. Deputy Commissioner of Income-tax, TDS

Sections 201, 10(5), of the Income-tax Act, 1961 / Sections 398, 8, of the Income-tax Act, 2025 - Employer cannot be dec...

ITAT-MUMBAI ·01 Jul 2026· In favour of assessee
Deputy Commissioner of Income-tax v. Bank of Baroda

Section 244A, of the Income-tax Act, 1961 / Section 437, of the Income-tax Act, 2025 - Revenue must adjust partial refun...

Circulars & notifications View all →
Notification ·25 Aug 2026·No. 117/2026
NOTIFICATION NO. 117/2026

Notification Granting Tax Exemption to the Maharashtra Electricity Regulatory Commission under Section 11 of the Income-...

Notification ·25 Aug 2026·No. 116/2026
NOTIFICATION NO. 116/2026

Granting Tax Exemption to Maharashtra Electricity Regulatory Commission (PAN: AAAGM0004R) in respect of the specified In...

Notification ·21 Aug 2026·No. 115
NOTIFICATION NO. 115 OF 2026-CBDT

Approval under Section 45(4)(b) of the Income Tax Act, 2025 for "International Institute of Bio Technology and Toxicolog...

Press Release ·18 Aug 2026
PRESS RELEASE

Income Tax Dept. launches nationwide verification of suspicious foreign remittances

Notification ·14 Aug 2026·No. 114/2026
NOTIFICATION NO. 114/2026

Foreign Assets of Small Taxpayers- Disclosure Scheme Rules, 2026.

From the experts

All articles →

Analysis, practical queries and opinions on direct tax.

ArticleRetrospective “Clarification” and the Limits of Taxing Power: Karnataka High Court’s Decision in Jindal Thermal Power

Retrospective “Clarification” and the Limits of Taxing Power: Karnataka High Court’s Decision in Jindal Thermal Power1. Why the ruling matte...

ArticleTax Treatment of Pre-Exercise ESOP Liquidity: Salary Perquisite or Capital Gains?

Tax Treatment of Pre-Exercise ESOP Liquidity: Salary Perquisite or Capital Gains?1. Why pre-exercise ESOP monetisation creates a tax problem...

Income TaxSection 14A of the Income-tax Act: A Case for Reviewing Revenue Efficacy and Curtailing Disproportionate Litigation

Background and Legislative History of Section 14ASection 14A of the Income-tax Act, 1961, was inserted via Clause 11 of the Finance Act, 200...

Income TaxSection 271(1)(c) Penalty Notice Must Identify the Specific Limb Charged — Delhi High Court in Vitasta Estates

Background and SignificanceThe Delhi High Court, in Principal Commissioner of Income Tax, Delhi-7 v. Vitasta Estates Pvt. Ltd. — (2026) TaxC...

ArticlePreference Bonus Shares to Equity Shareholders: Corporate Structuring and Tax Consequences

Preference Bonus Shares to Equity Shareholders: Corporate Structuring and Tax Consequences1. Why the Siyaram arrangement is noteworthyA comp...

ArticleWill as an Estate Planning Tool: Purpose, Drafting, Mutual Wills and Probate Issues

Will as an Estate Planning Tool: Purpose, Drafting, Mutual Wills and Probate Issues1. Meaning and practical relevance of a WillA Will is a w...