CBDT & CBIC together Seizes Assets of 1 Lakh Crore: Central Govt to Rajya Sabha
The Central government reported to the Rajya Sabha on Tuesday that the direct and indirect tax departments of the Government have seized real estate...
![SOP Guidelines issued by CBDT Not Applicable to Unlisted Scrips: ITAT Quashes Revision Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/SOP-Guidelines-SOP-CBDT-Unlisted-Scrips-ITAT-Revision-Order-Income-Tax-Tax-Taxscan.jpg "SOP Guidelines issued by CBDT Not Applicable to Unlisted Scrips: ITAT Quashes Revision Order [Read Order]")
![Income from Transfer of Listed Shares held for a period of more than 12 Months taxable as Capital Gains at the Desire of the Assessee: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Transfer-of-Listed-Shares-Listed-Shares-Income-from-Transfer-of-Listed-Shares-Capital-Gains-Desire-of-the-Assessee-Calcutta-Highcourt-taxscan.jpg "Income from Transfer of Listed Shares held for a period of more than 12 Months taxable as Capital Gains at the Desire of the Assessee: Calcutta HC [Read Order]")
Online Gaming Industry Bodies oppose proposed changes in Tax Deduction and GST, seeks reconsideration from CBDT and PMO
Three online gaming industry bodies, the E-Gaming Federation (EGF), All India Gaming Federation (AIGF), and Federation of Indian Fantasy Sports (FIFS), have reached out to the Central Board of Direct...
CBDT Notifies Income Tax Exemption to Karnataka State Building and Other Construction Workers Welfare Board u/s 10(46) [Read Order]
The "Karnataka State Building and Other Construction Workers Welfare Board" has been granted income tax exemption under section 10(46) of the Income-tax Act, 1961 ("the IT Act") by the Central Board...
![CBDT Notifies Income Tax Exemption to Karnataka State Building and Other Construction Workers Welfare Board u/s 10(46) [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/CBDT-Income-Tax-Exemption-Income-Tax-Karnataka-State-Building-Workers-Construction-Workers-Welfare-Board-taxscan.jpg "CBDT Notifies Income Tax Exemption to Karnataka State Building and Other Construction Workers Welfare Board u/s 10(46) [Read Order]")
Condonation Application Not Required when Delay is Condoned by CBDT Circular: ITAT Allows Deduction Claim [Read Order]
The Bangalore Income Tax Appellate Tribunal (ITAT)has recently while allowing the deduction claim of assessee held that condonation of application was not required when the delay were condoned...
![Condonation Application Not Required when Delay is Condoned by CBDT Circular: ITAT Allows Deduction Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Condonation-Application-Condoned-Delay-CBDT-Circular-ITAT-deduction-Claim-taxscan.jpg "Condonation Application Not Required when Delay is Condoned by CBDT Circular: ITAT Allows Deduction Claim [Read Order]")
![CBDT Notifies Income Tax Exemption to IBBI u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/03/CBDT-Income-Tax-Exemption-Income-Tax-IBBI-taxscan.jpg "CBDT Notifies Income Tax Exemption to IBBI u/s 10(46) [Read Notification]")
![CBDT Releases Corrigendum to New ITR Forms [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/03/Corrigendum-ITR-Forms-Correction-New-ITR-Forms-Correction-of-ITR-Forms-ITR-CBDT-Taxscan.jpg "CBDT Releases Corrigendum to New ITR Forms [Read Notification]")