![CBDT Introduces Ten-Year Zero Coupon Bond by Power Finance Corporation Ltd. with Tax Benefits [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/03/CBDT-Ten-Year-Zero-Coupon-Bond-Power-Finance-Corporation-Ltd-TAXSCAN.jpg "CBDT Introduces Ten-Year Zero Coupon Bond by Power Finance Corporation Ltd. with Tax Benefits [Read Notification]")
CBDT Introduces Ten-Year Zero Coupon Bond by Power Finance Corporation Ltd. with Tax Benefits [Read Notification]
The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has issued Notification No. 19/2025, dated March 11, 2025, under the...
![ITAT Upholds CIT(A)’s Deletion of S.14A Disallowance Due to No Exempt Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Exempted-Income.jpg "ITAT Upholds CIT(A)’s Deletion of S.14A Disallowance Due to No Exempt Income [Read Order]")
![Discrepancy in Opening Balance of Furniture and Fittings: ITAT Remands Matter to AO for Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/opening-balance.jpg "Discrepancy in Opening Balance of Furniture and Fittings: ITAT Remands Matter to AO for Verification [Read Order]")
![Relief to Make My Trip: ITAT Quashes Revision Order Noting AOs Proper Inquiry on ESOP Expenses [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Make-my-Trip.jpg "Relief to Make My Trip: ITAT Quashes Revision Order Noting AOs Proper Inquiry on ESOP Expenses [Read Order]")
CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]
In a recent ruling, the Delhi High Court held that the Central Board of Direct Taxes (CBDT) cannot impose arbitrary time limits to deny taxpayers their right to claim refunds under the Income Tax Act...
![CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/sun-pharmaceutical.jpg "CBDT cannot Impose Arbitrary Time Limits to Deny Taxpayers’ Refund Rights under Income Tax Act: Delhi HC [Read Order]")
No Income Tax Reassessment Notice u/s 148 May be Issued after Statutory Limitation: Rajasthan HC refers SC Decision in Rajeev Bansal [Read Order]
The Rajasthan High Court recently ruled referred to the Supreme Court decision in Union of India & ors. Vs. Rajeev Bansal (2024) to hold that reassessment notice under Section 148 of the Income...
![No Income Tax Reassessment Notice u/s 148 May be Issued after Statutory Limitation: Rajasthan HC refers SC Decision in Rajeev Bansal [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/No-Income-Tax-Reassessment-Notice-Statutory-Limitation-Rajasthan-HC-SC-Decision-Rajeev-Bansal-taxscan.jpg "No Income Tax Reassessment Notice u/s 148 May be Issued after Statutory Limitation: Rajasthan HC refers SC Decision in Rajeev Bansal [Read Order]")
![CBDT Circular Leads to Dismissal of Revenues Appeal: ITAT upholds Threshold Limit [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/CBDT-Circular-Leads-Dismissal-Revenues-Appeal-ITAT-Threshold-Limit-taxscan.jpg "CBDT Circular Leads to Dismissal of Revenues Appeal: ITAT upholds Threshold Limit [Read Order]")
Income Tax Payers Receive Demand Intimation Orders Despite Utility Tool Permitting S.87A Rebate on Special Rate Incomes: X Users React
A number of taxpayers have taken to X (formerly Twitter) to express frustration over receiving Income Tax intimation orders for demands from the Income Tax Department despite the online filing...
CBDT Amends Income Tax Rules 12CA & 12CC: New Due Dates for Statements on Income Distribution by Business & Securitisation Trusts [Read Notification]
The Central Board of Direct Taxes ( CBDT ) under the Ministry of Finance (Department of Revenue) issued Notification No. 17/2025 dated February 24, 2025, announcing amendments to the Income Tax...
![CBDT Amends Income Tax Rules 12CA & 12CC: New Due Dates for Statements on Income Distribution by Business & Securitisation Trusts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/02/CBDT-Income-Tax-Rules-12CA-12CC-New-Due-Dates-Statements-Income-Distribution-Business-Securitisation-Trusts-taxscan.jpg "CBDT Amends Income Tax Rules 12CA & 12CC: New Due Dates for Statements on Income Distribution by Business & Securitisation Trusts [Read Notification]")