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Statutes - Navigator—Income Tax Forms
Dt. Nil.
Digest - Section 115JB—MAT—Computation of book profit under section 115JB—AO made addition of provision for bad and doubtful debts
Schindler India (P) Ltd. v. Dy. CIT 2025 TaxPub(DT) 3886 (Mum-Trib)
Digest - Section 143(3)—Assessment—Addition towards cessation of liability shown as security deposits advance by lender towards project—Lencer wrote off advance making a provision during pendency of arbitration proceedings initiated by lender, whether amount to income in assessee-trust’s hands
Centre for the Study of Social Change v. ITO(E) 2025 TaxPub(DT) 3868 (Mum-Trib)
Digest - Section 234A—Interest under section 234A—Leviability—Return filed before the due date
Schindler India (P) Ltd. v. Dy. CIT 2025 TaxPub(DT) 3886 (Mum-Trib)
Article - Corporate Taxation
Corporate Taxation Vis-a-Vis Finance Bill, 2026—CA. Nisha Bhandari
Digest - Section 271B—Penalty under section 271B—Failure to get accounts audited—Order passed without granting a reasonable opportunity to the assessee to submit objections
Hitech Poultry Feeds v. ITO 2025 TaxPub(DT) 3656 (Bang-Trib)
Digest - Section 271—Penalty under section 271(1)(c)—Outward remittance made to various companies—Assessee did not furnish Form No. 15CA
Gopal Chandak v. Asstt. CIT 2025 TaxPub(DT) 3639 (Srt-Trib)
Digest - Section 270AA—Penalty under section 270AA—Eligibility for immunity from penalty—Delayed filing of Form 68
Muthuswamy Muruganandham v. ITO 2025 TaxPub(DT) 3283 (Chenn-Trib)
Digest - Section 195—Tax deduction at source—Under section 195—Payments to Head Office (HO) for business development services
Sheladia Associates Inc. v. ADIT 2025 TaxPub(DT) 3676 (Hyd-Trib)
Digest - Section 263—Revision under section 263—Erroneous and prejudicial assessment order—PCIT alleged lack of proper verification by AO
Ashok Kumar Jain v. Pr. CIT 2025 TaxPub(DT) 3900 (Del-Trib)