![CBDT Notifies Tax Relief to Off-Market Acquisitions [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/06/Income-Tax-Liability-CBDT-PoEM-Taxscan.jpg "CBDT Notifies Tax Relief to Off-Market Acquisitions [Read Notification]")
CBDT Notifies Tax Relief to Off-Market Acquisitions [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has notified the list of specified transactions of acquisition of equity shares where requirement of...
![Block Assessment is Invalid in the absence of Satisfaction recorded by AO of Searched Party: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Assessment-Taxscan.jpg "Block Assessment is Invalid in the absence of Satisfaction recorded by AO of Searched Party: ITAT [Read Order]")
![Tax Audit Due Date: Rajasthan HC directs CBDT to consider further 15 Days Extension [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Income-Tax-Audit-Taxscan.jpg "Tax Audit Due Date: Rajasthan HC directs CBDT to consider further 15 Days Extension [Read Order]")
![ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/ITAT-Exemption-Taxscan.jpg "ITAT Quashes Assessment Orders since Competent Authority omitted to Issue Scrutiny Notices [Read Order]")
No Due Date Extension..?? CBDT asks to file IT Returns and Tax Audit Reports before 30th September
The Central Board of Direct Taxes ( CBDT ) today directed the companies and other persons whose accounts are required to be audited to submit their income tax returns and Tax Audit Reports within 30th...
Over Burden on Chartered Accountants: ICAI submits 3rd Representation to CBDT for Due Date Extension [Read Representation]
As the due date for submitting Tax Audit Report for income tax purpose is fast approaching, the Institute of Chartered Accountants of India ( ICAI ) has submitted its third representation to the...
Derivative Contract being Settled by Physical Delivery of Shares is treated as similar to Transaction in Equity Share by Actual Delivery: Bombay HC [Read Order]
The Bombay High Court, in the writ petition Association of National Exchanges Members of India v. Securities and Exchange Board of India and Ors, followed the CBDT circular and held that derivative...
![Derivative Contract being Settled by Physical Delivery of Shares is treated as similar to Transaction in Equity Share by Actual Delivery: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/09/Equity-Share-Taxscan.jpg "Derivative Contract being Settled by Physical Delivery of Shares is treated as similar to Transaction in Equity Share by Actual Delivery: Bombay HC [Read Order]")
Ignoring New Reporting requirements of CBDT amount to Professional Misconduct: AA Reprimands Chartered Accountant [Read Order]
The Appellate Authority in a recent order held that the ignorance of new reporting requirements of the Central Board of Direct Taxes (CBDT) would amount to Professional Misconduct on the part of the...
![CBDT Notifies Income Tax Exemption to Press Trust of India [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/09/PTI-Press-Trust-of-India-Taxscan.jpg "CBDT Notifies Income Tax Exemption to Press Trust of India [Read Notification]")
CBDT Notifies Rules for Computing Fair Market Value of Inventories converted to Capital Asset [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has notified the rules relating to the determination of Fair Market Value of inventories converted into capital assets under the Income Tax Act, 2018. The...
![CBDT Notifies Rules for Computing Fair Market Value of Inventories converted to Capital Asset [Read Notification]](https://www.taxscan.in/wp-content/uploads/2017/10/Form-26AS-CBDT-Taxscan.jpg "CBDT Notifies Rules for Computing Fair Market Value of Inventories converted to Capital Asset [Read Notification]")