New Income Tax TDS Exemption Provisions applicable from April 1: Know All Details Here
The government, starting from April 1, has granted TDS exemptions for specific payments to units within 14 service sectors in the International...
![CBDT notifies TDS Exemption for IFSCs under Income Tax Act w.e.f. 1st April, 2024 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/03/CBDT-TDS-Exemption-Income-Tax-IFSC-TDS-TAXSCAN.jpg "CBDT notifies TDS Exemption for IFSCs under Income Tax Act w.e.f. 1st April, 2024 [Read Notification]")
![Income Tax Update: CBDT extends due date for filing Form No. 26QE VDA TDS Declaration Ex-Post Facto [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-CBDT-Income-Tax-Update-TDS-Declaration-TAXSCAN.jpg "Income Tax Update: CBDT extends due date for filing Form No. 26QE VDA TDS Declaration Ex-Post Facto [Read Circular]")
![Absence of Generated DIN in Notice of demand u/s 156 of Income Tax Act: ITAT quashes assessment order and Notice demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/DIN-Notice-of-demand-Income-Tax-Act-ITAT-taxscan.jpg "Absence of Generated DIN in Notice of demand u/s 156 of Income Tax Act: ITAT quashes assessment order and Notice demand [Read Order]")
![CBDT notifies Amendments of Income Tax Audit Form 3CD, 3CEB and 65 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/03/CBDT-Income-Tax-Audit-Amendments-Form-3CD-Form-3CEB-Income-Tax-Form-65-Tax-audit-form-taxscan.jpg "CBDT notifies Amendments of Income Tax Audit Form 3CD, 3CEB and 65 [Read Notification]")
CBDT extends Deadline for Trusts/Institutions to Correct Form 10B/10BB: Know the New Deadline [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has issued Circular No. 02/2024 dated March 05, 2024, providing relief to trusts and institutions that submitted incorrect audit reports for the Assessment...
Non Filing Audit Report along with ITR is Procedural Omission: ITAT restores matter to allow Exemption u/s 11 of Income Tax Act [Read Order]
The Ahmedabad Bench of the Income Tax Appellate Tribunal ( ITAT ) restored matter to allow exemption under Section 11 of the Income Tax Act, 1961 and held that non-filing audit report along with...
![Non Filing Audit Report along with ITR is Procedural Omission: ITAT restores matter to allow Exemption u/s 11 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Ahmedabad-Section-11-of-Income-Tax-Act-Income-Tax-Act-Income-Tax-Returns-ITAT-restores-exemption-Taxscan.jpg "Non Filing Audit Report along with ITR is Procedural Omission: ITAT restores matter to allow Exemption u/s 11 of Income Tax Act [Read Order]")
Successor Company can claim deduction u/s.80IA(4) of Income Tax Act as per recognition of Industrial Park Scheme: ITAT [Read Order]
The Chennai bench of Income Tax Appellate Tribunal ( ITAT ) recently held that Successor companies could claim deduction under Section 80IA(4) of Income Tax Act, 1961 as per the recognition...
![Successor Company can claim deduction u/s.80IA(4) of Income Tax Act as per recognition of Industrial Park Scheme: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-ITAT-Chennai-Income-Tax-Deduction-TAXSCAN-1.jpg "Successor Company can claim deduction u/s.80IA(4) of Income Tax Act as per recognition of Industrial Park Scheme: ITAT [Read Order]")
CBDT extends Deadline for Processing of Non-Scrutiny E-ITRs Filed with Refund Claims to April 30, 2024 [Read Order]
The Central Board of Direct Taxes ( CBDT ) has taken a proactive step to address the challenges faced by taxpayers regarding the processing of electronically filed Income Tax Returns ( ITRs ) with...
Karnataka Urban Water Supply and Drainage Board exempted from Income Tax u/s 10(46) : CBDT [Read Notification]
The Central Board of Direct Taxes (CBDT), vide notification no.S.O. 1000(E) dated 1st March, 2024 has notified the income tax exemption to the “Karnataka Urban Water Supply and Drainage Board”,...
![Karnataka Urban Water Supply and Drainage Board exempted from Income Tax u/s 10(46) : CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/03/Karnataka-Urban-Water-Supply-and-Drainage-Board-Income-Tax-us-1046-CBDT-TAXSCAN.jpg "Karnataka Urban Water Supply and Drainage Board exempted from Income Tax u/s 10(46) : CBDT [Read Notification]")