Income Tax Portal: Higher TDS/TCS on Non-Linked Pan-Aadhar to be Verified by Collectors/Deductors at 'Verify PAN Status'
In the ‘Latest Updates’ Tab in the Income Tax Portal, the following message was displayed by the Department, “Attention Tax Deductors/ Collectors!!...
No claim for weighted Deduction on donation can be claimed u/s 35(1) (ii) of Income Tax Act: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal ( ITAT ) observed that No claim for weighted deduction on donation can be claimed under Section 35(1) (ii) of Income Tax Act, 1961 The...
![No claim for weighted Deduction on donation can be claimed u/s 35(1) (ii) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/ITAT-Ahmedabad-Income-Tax-weighted-deduction-weighted-deduction-on-donation-taxscan.jpg "No claim for weighted Deduction on donation can be claimed u/s 35(1) (ii) of Income Tax Act: ITAT [Read Order]")
CBDT Notifies ITR-2, ITR-3 and ITR 5 Forms for A.Y. 2024-25; Expands ITR Filing under EVC to Tax Audit Cases of Individual/ HUFÂ
The Central Government, through a notification dated January 31, 2024 (No. G.S.R. 83(E)), has officially released the revised Income Tax Return ( ITR ) forms 2, 3, and 5 for the Assessment Year...
Reassessment Notice issued to a Dead Person u/s 148 of Income Tax Act is Null and Void : MP HC quashes Notice [Read Order]
The Madhya Pradesh High Court has ruled that the reassessment notice issued under Section 148 of the Income Tax Act, 1961, to a deceased individual is 'Null and Void'. Nevertheless, the court has...
![Reassessment Notice issued to a Dead Person u/s 148 of Income Tax Act is Null and Void : MP HC quashes Notice [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Deceased-taxpayer-Reassessment-notice-Null-and-void-notice-Madhya-Pradesh-High-Court-taxscan.jpg "Reassessment Notice issued to a Dead Person u/s 148 of Income Tax Act is Null and Void : MP HC quashes Notice [Read Order]")
CBDT issues Notification Amending Previous Notifications u/s 10(46) of Income Tax Act for Retroactive Application [Read Notification]
The Central Board of Direct Taxes (CBDT) has issued Notification No. 14/2024 dated January 23, 2024, amending several previous notifications under Section 10(46) of the Income Tax Act, 1961 for the...
Violation of Natural Justice Principles: Kerala HC quashes Assessment Order passed under Income Tax Act [Read Order]
The Kerala High Court quashed an assessment order passed under the Income Tax Act, 1961 as there was violation of the natural justice principles. The petitioner is an assessee under the provisions...
![Violation of Natural Justice Principles: Kerala HC quashes Assessment Order passed under Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Kerala-high-court-Assessment-Order-Income-tax-Violation-of-natural-justice-Kerala-HC-quashes-assessment-order-Income-Tax-Act-assessment-order-TAXSCAN.jpg "Violation of Natural Justice Principles: Kerala HC quashes Assessment Order passed under Income Tax Act [Read Order]")