![CBDT releases Procedures, Format and Standards for filling application for grant of Income Tax Deduction Certificate Via App TRACES [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/09/CBDT-releases-Procedures-Format-Standards-filling-application-grant-Income-Tax-Deduction-Certificate-App-TRACES-taxscan.jpg "CBDT releases Procedures, Format and Standards for filling application for grant of Income Tax Deduction Certificate Via App TRACES [Read Notification]")
CBDT releases Procedures, Format and Standards for filling application for grant of Income Tax Deduction Certificate Via App TRACES [Read Notification]
The Directorate of Income-tax (Systems) under Central Board of Direct Taxes (CBDT) Notification No.02/2023 issued on 27th September 2023 has released...
![CBDT introduces Changes to Income Tax Rules Pursuant to Special Audit u/s 142(2A): Inserts New Form 6D for Inventory Valuation Report [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/09/CBDT-introduces-Changes-to-Income-Tax-Rules-Pursuant-to-Special-Audit-Inserts-New-Form-6D-for-Inventory-Valuation-Report-TAXSCAN.jpg "CBDT introduces Changes to Income Tax Rules Pursuant to Special Audit u/s 142(2A): Inserts New Form 6D for Inventory Valuation Report [Read Notification]")
![Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Failure-Failure-to-Prove-Non-disclosure-and-Reasons-for-Reopening-Assessment-Non-disclosure-Bombay-High-Court-taxscan.jpeg "Failure to Prove Non-disclosure and Reasons for Reopening Assessment: Bombay HC quashes Proceedings u/s 148 of Income Tax Act [Read Order]")
CBDT notifies Income Tax Exemption to Uttar Pradesh Expressways Industrial Development Authority u/s 10(46) [Read Notification]
The Central Board of Direct Taxes (CBDT) vide notification no. S.O. 4118(E) issued on 19th September 2023 has notified the income tax exemption to Uttar Pradesh Expressways Industrial Development...
![CBDT notifies Income Tax Exemption to Uttar Pradesh Expressways Industrial Development Authority u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/09/CBDT-notifies-Income-Tax-Exemption-Income-Tax-Exemption-CBDT-Industrial-Development-Authority-taxscan.jpeg "CBDT notifies Income Tax Exemption to Uttar Pradesh Expressways Industrial Development Authority u/s 10(46) [Read Notification]")
![CBDT extends deadlines for filing of Form 10B/10BB and Form ITR-7 for AY 2023-24 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/09/CBDT-extends-deadlines-filing-Form-Form-ITR-7-AY-2023-24-TAXSCAN.jpg "CBDT extends deadlines for filing of Form 10B/10BB and Form ITR-7 for AY 2023-24 [Read Circular]")
CBDT notifies amendment in Transactions not regarded as Transfer u/s 47 of Income Tax Act [Read Notification]
The Central Board of Direct Taxes (CBDT) vide notification no. S.O. 3981(E) issued on 12th September 2023 has notified the amendment in the transaction not regarded as transfer under the Section 47...
Unit Linked Insurance Scheme is Not Life Insurance: Redemption of ULIP Taxable as "Capital Gain", rules ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that Life being insured by transaction would not alter the basic character of transaction under Section 10(10D). The assessee filed...
![Unit Linked Insurance Scheme is Not Life Insurance: Redemption of ULIP Taxable as Capital Gain, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Insurance-Scheme-Life-Insurance-Redemption-ULIP-Taxable-Capital-Gain-ITAT-TAXSCAN.jpg "Unit Linked Insurance Scheme is Not Life Insurance: Redemption of ULIP Taxable as Capital Gain, rules ITAT [Read Order]")