CBDT Forms Internal Committee for Income-Tax Act Review, Launches Web Page for Public Suggestions on E-Portal
As announced by the Union Finance Minister In the Union Budget 2024-25, the Central Board of Direct Taxes ( CBDT ) has formed an internal committee...
![“This interpretation leads to absurd situation”: ITAT Quashes Denial of Registration of Trust owing to Belated Filing [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cochin-Denial-of-Registration-Income-tax-Income-Tax-Appellate-Tribunal-Charitable-Trust-taxscan.jpg "“This interpretation leads to absurd situation”: ITAT Quashes Denial of Registration of Trust owing to Belated Filing [Read Order]")
![CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/CBDT-CBDT-Circular-Income-Tax-Act-Income-Tax-Central-Board-of-Direct-Taxes-Punjab-and-Haryana-High-Court-taxscan.jpg "CBDT Circular or Instructions could not have been issued to Over-ride Provisions under Income Tax Act: Punjab and Haryana High Court [Read Order]")
![Madras HC quashes Ex-parte Income Tax Assessment Order for Passing Non-Speaking Order without Considering Submissions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-Ex-parte-Income-Tax-Assessment-Order-Income-Tax-Assessment-Taxscan.jpg "Madras HC quashes Ex-parte Income Tax Assessment Order for Passing Non-Speaking Order without Considering Submissions [Read Order]")
CBDT notifies Direct Tax Vivad Se Vishwas Income Tax Amnesty Scheme, 2024 Effective from Oct 1 [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has officially notified the Direct Tax Vivad Se Vishwas Scheme, 2024, which will be operational from October 1, 2024. This scheme is an amnesty initiative...
Big Update: CBDT raises Monetary Limits for Income Tax Appeals before ITAT, HC and SC, Pending Appeals below Threshold to be Withdrawn [Read Circular]
On September 17, 2024, the Central Board of Direct Taxes ( CBDT ) issued Circular No. 09/2024, which revised the monetary limits for filing income tax appeals before the Income Tax Appellate Tribunal...
![Big Update: CBDT raises Monetary Limits for Income Tax Appeals before ITAT, HC and SC, Pending Appeals below Threshold to be Withdrawn [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/09/CBDT-Central-Board-of-Direct-Taxes-Income-Tax-Appeals-Monetary-Limits-ITAT-Supreme-Court-taxscan.jpg "Big Update: CBDT raises Monetary Limits for Income Tax Appeals before ITAT, HC and SC, Pending Appeals below Threshold to be Withdrawn [Read Circular]")
2 hours 38 minutes Delay in Filing ITR due to Genuine Hardship: Karnataka HC condones delay, quashes Order issued u/s 119(2)(b) [Read Order]
In the recent ruling, the High Court of Karnataka, condoned a 2-hour, 38-minute 26 seconds delay in filing the Income Tax Return ( ITR ) due to genuine hardship and quashed the order issued under...
Madras High Court sets aside Income Tax Assessment Order passed hastily without considering Taxpayer’s submission amidst approaching deadline [Read Order]
In a recent ruling, the Madras High Court set aside the Income Tax assessment order which was passed hastily without considering the taxpayer's submission amidst the approaching deadline. SKM...
![Madras High Court sets aside Income Tax Assessment Order passed hastily without considering Taxpayer’s submission amidst approaching deadline [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Madras-High-Court-Income-Tax-Income-Tax-assessment-order-Tax-Assessment-Order-Without-Submission-Tax-news-taxscan.jpg "Madras High Court sets aside Income Tax Assessment Order passed hastily without considering Taxpayer’s submission amidst approaching deadline [Read Order]")
364 Days Delay in Filing Appeal Due to Pursuit of Alternative Remedy u/s 119 of Income Tax Act: ITAT Condones Delay [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) of Banglore in a recent case condoned a 364-day delay in filing appeal, noting that the delay was caused as a result of the assessee pursuing an alternative...
![364 Days Delay in Filing Appeal Due to Pursuit of Alternative Remedy u/s 119 of Income Tax Act: ITAT Condones Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ITAT-Bangalore-Delay-in-Filing-Appeal-Pursuit-of-Alternative-Remedy-Section-119-Income-Tax-Act-taxscan.jpg "364 Days Delay in Filing Appeal Due to Pursuit of Alternative Remedy u/s 119 of Income Tax Act: ITAT Condones Delay [Read Order]")
ITAT Dismisses Appeal, Directs CIT (E) to Resolve Fresh Form 10 AB Application for Section 80 G (5) Trust Registration [Read Order]
In a recent, judgement, The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has dismissed the appeal and directed the Commissioner of Income Tax ( Exemption ) CIT (E) to address the new...
![ITAT Dismisses Appeal, Directs CIT (E) to Resolve Fresh Form 10 AB Application for Section 80 G (5) Trust Registration [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-Appeal-Form-10-AB-Application-Trust-Registration-taxscan.jpeg "ITAT Dismisses Appeal, Directs CIT (E) to Resolve Fresh Form 10 AB Application for Section 80 G (5) Trust Registration [Read Order]")