![Case Transfer to another AO not Permissible without Decentralization order u/s 127 of Income Tax Act on Centralization of Case: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Delhi-High-Court-127-of-Income-Tax-Act-on-Centralization-of-Case-ncome-Tax-Tax-news-taxscan.jpg "Case Transfer to another AO not Permissible without Decentralization order u/s 127 of Income Tax Act on Centralization of Case: Delhi HC [Read Order]")
Case Transfer to another AO not Permissible without Decentralization order u/s 127 of Income Tax Act on Centralization of Case: Delhi HC [Read Order]
In a recent decision the Delhi High Court observed that case transfer to another Assessing Officer (AO) not permissible without decentralization...
![CBDT grants Income Tax Exemption to Tamil Nadu Electricity Regulatory Commission u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBDT-Central-Board-of-Direct-Taxes-Income-Tax-Exemption-Tamil-Nadu-Electricity-Regulatory-Commission-taxscan.jpg "CBDT grants Income Tax Exemption to Tamil Nadu Electricity Regulatory Commission u/s 10(46) [Read Notification]")
![Deduction u/s 36(1)(xii) of Income Tax Act can only claim with respect to expenditure incurred on Promotional Activities “notified entities”: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/TAT-Mumbai-Income-tax-Income-tax-news-Promotional-activities-expenditure-Notified-entities-TAXSCAN.jpg "Deduction u/s 36(1)(xii) of Income Tax Act can only claim with respect to expenditure incurred on Promotional Activities “notified entities”: ITAT directs re adjudication [Read Order]")
![CBDT notifies Section 80G deduction to Shree Ramanuj Kot Trust Extend of Rs. 1,63,06,311 under Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBDT-CBDT-Notification-Section-80G-of-income-tax-act-Income-Tax-Income-tax-news-taxscan.jpg "CBDT notifies Section 80G deduction to Shree Ramanuj Kot Trust Extend of Rs. 1,63,06,311 under Income Tax Act [Read Notification]")
![CBDT issues Guidelines and Procedure for Compulsory Selection of Income Tax Returns for Complete Scrutiny for FY 2024-2025 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/05/CBDT-CBDT-Guidelines-Income-Tax-Returns-Income-Tax-Ministry-of-Finance-TAXSCAN.jpg "CBDT issues Guidelines and Procedure for Compulsory Selection of Income Tax Returns for Complete Scrutiny for FY 2024-2025 [Read Notification]")
![CBDT Extends Due Date for Filing Form 10 A/10 AB [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/04/CBDT-CBDT-Circular-Form-10-A-Form-10-AB-TAXSCAN.jpg "CBDT Extends Due Date for Filing Form 10 A/10 AB [Read Circular]")
CBDT exempts Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam from Income Tax u/s 10(46) [Read Notification]
The Central Board of Direct Taxes ( CBDT ) exempted the Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam under Section 10(46) from Income Tax Act, 1961. The board vide notification no. S.O....
![CBDT exempts Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam from Income Tax u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/04/CBDT-Kerala-Autorickshaw-Workers-Welfare-Fund-Scheme-Kollam-Income-Tax-us-1046-TAXSCAN.jpg "CBDT exempts Kerala Autorickshaw Workers Welfare Fund Scheme, Kollam from Income Tax u/s 10(46) [Read Notification]")
Big Relief: No Liability on TDS/TCS Deductor u/s 206AA/206CC due to PAN-Aadhaar Non-linkage Until May 31, 2024 [Read Circular]
In response to taxpayer requests, the CBDT has provided significant relief. Until March 31, 2024, if PAN is linked with Aadhaar by May 31, 2024, deductors/collectors are exempt from Section...
Surrender of Additional Professional Income Covering Expenditure Incurred on Building: ITAT deletes Addition u/s 69 of Income Tax Act [Read Order]
The Chandigarh bench of the Income Tax Appellate Tribunal ( ITAT ) has deleted the addition under Section 69 of the Income Tax Act, 1961 citing the surrender of additional professional income to...
![Surrender of Additional Professional Income Covering Expenditure Incurred on Building: ITAT deletes Addition u/s 69 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-Income-tax-income-professional-income-taxscan-.jpg "Surrender of Additional Professional Income Covering Expenditure Incurred on Building: ITAT deletes Addition u/s 69 of Income Tax Act [Read Order]")
CBDT Directs SROs to Report High-Value Transactions by June 30: Banks, Post Offices, and Mutual Funds Included
The Central Board of Direct Taxes ( CBDT ) has directed Self-Reporting Organizations ( SROs ) including post offices, bank..etc to submit comprehensive details of high-value transactions conducted...
TDS Return Form 24Q Errors: Q4 FY 2023-2024 Error to be Rectified Soon, New fvu file to be Released by Income Tax Dept
Taxpayers filing TDS returns for Q4 (Form 24Q) and claiming standard deduction under section 16(ia) for Section 115BAC cases faced an error message. The error message states that standard...
Non-Filing of Income Tax Returns: Income Tax Dept to issue Notice to 1.52 Cr Individuals under Taxable Slab, Salaried Persons with Deducted TDS
The income tax department is preparing to take action against individuals and entities who are required to file tax returns but have failed to do so. Officials have identified 15.2 million such...
