![Service Tax component not includible in Gross Receipts for Computing Deemed taxable Income u/s 44BBA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Service-Tax-Gross-Receipts-taxable-Income-ITAT-taxscan.jpeg "Service Tax component not includible in Gross Receipts for Computing Deemed taxable Income u/s 44BBA: ITAT [Read Order]")
Service Tax component not includible in Gross Receipts for Computing Deemed taxable Income u/s 44BBA: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Kolkata Bench held that Service tax component not includible in Gross receipts for computing deemed taxable...
![CBDT extends due date of Income Tax Audit Reports [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Income-Tax-Return-Tax-Audit-TAR-Tax-Audit-Reports-Taxscan.jpeg "CBDT extends due date of Income Tax Audit Reports [Read Order]")
No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]
The Central Board Of Direct Taxes (CBDT), ITA –II division, Dept. of Revenue, Ministry Of Finance, New Delhi, has recently issued guidelines clarifying that when a return has been furnished in...
![No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/Compulsory-Scrutiny-Income-Tax-Return-CBDT-taxscan.jpg "No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]")
![Grants do not Form Corpus of the Assessee nor is It his Income under Section 11: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Section-11-ITAT-TAXSCAN.jpeg "Grants do not Form Corpus of the Assessee nor is It his Income under Section 11: ITAT [Read Order]")
CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has extended the deadline for filing modified Income Tax Returns in Form ITR-A by a successor company u/s 170A of the Income Tax Act from September 30th to...
![CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Income-Tax-Return-Form-ITR-A-taxscan.jpg "CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]")
![Information from DIT (I), not to considered as Information from External Source: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/DIT-Information-From-External-Source-ITAT-taxscan.jpg "Information from DIT (I), not to considered as Information from External Source: ITAT [Read Order]")
CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the amended rules to insert new provision Rule 12AD for the return of income filed by a successor entity to a business reorganization in Form...
![CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-E-filing-Income-Tax-Return-Business-Reorganization-ITR-A-taxscan.jpg "CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]")
![CBDT issues Guidelines for Compounding of Offences [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Offences-taxscan.jpg "CBDT issues Guidelines for Compounding of Offences [Read Circular]")
TDS on Perquisites: One-Time Settlement of Bank Loans would not attract Tax, CBDT clarifies [Read Circular]
The Central Board of Direct Taxes (CBDT) has clarified that one-time settlement of bank loans would not attract tax under section 194R of the Income Tax Act, 1961. The new section mandates a...
![TDS on Perquisites: One-Time Settlement of Bank Loans would not attract Tax, CBDT clarifies [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/TDS-Bank-Loans-One-Time-Settlement-Perquisites-CBDT.-Taxscan.jpeg "TDS on Perquisites: One-Time Settlement of Bank Loans would not attract Tax, CBDT clarifies [Read Circular]")