![Income Tax Dept. Launched Evasion Prosecution Flouting CBDT Circulars: Supreme Court Slaps ₹2 Lakh Fine on Revenue [Read Order]](https://images.taxscan.in/h-upload/2025/09/01/500x300_2083061-supreme-court-fine-taxscan.webp "Income Tax Dept. Launched Evasion Prosecution Flouting CBDT Circulars: Supreme Court Slaps ₹2 Lakh Fine on Revenue [Read Order]")
Income Tax Dept. Launched Evasion Prosecution Flouting CBDT Circulars: Supreme Court Slaps ₹2 Lakh Fine on Revenue [Read Order]
The Supreme Court of India recently imposed costs of ₹2,00,000 on the Income Tax Department for launching prosecution against an accused on the...
Centre Grants Income Tax Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Karnataka Construction Workers’ Welfare Board [Read Notification]
The Central Board of Direct Taxes (CBDT), Ministry of Finance, issued Notification No. 138/2025 and Notification No. 139/2025, both dated 22 August 2025, granting income tax exemptions under ...
![Centre Grants Income Tax Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Karnataka Construction Workers’ Welfare Board [Read Notification]](https://images.taxscan.in/h-upload/2025/08/24/500x300_2080115-income-tax-exemptions-credit-guarantee-fund-trust-animal-husbandry-and-karnataka-construction-workers-welfare-board-taxscan.webp "Centre Grants Income Tax Exemptions to Credit Guarantee Fund Trust for Animal Husbandry and Karnataka Construction Workers’ Welfare Board [Read Notification]")
![CBDT notifies Income Tax Exemption to Kanpur Development Authority [Read Notification]](https://images.taxscan.in/h-upload/2025/08/22/500x300_2079658-cbdt-income-tax-exemption-kanpur-development-authority-taxscan.webp "CBDT notifies Income Tax Exemption to Kanpur Development Authority [Read Notification]")
90-Day Delay in Filing Form 10AB for S.80G Approval: ITAT Restores Matter to CIT(E) Pending CBDT’s Decision on Condonation [Read Order]
The Chennai Bench of Income Tax Appellate Tribunal ( ITAT ) restores matter to the Commissioner of Income Tax (Exemption) [CIT(E)] pending Central Board of Direct Taxes (CBDT)’s decision on...
![90-Day Delay in Filing Form 10AB for S.80G Approval: ITAT Restores Matter to CIT(E) Pending CBDT’s Decision on Condonation [Read Order]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078932-form10ab-itat-taxscan.webp "90-Day Delay in Filing Form 10AB for S.80G Approval: ITAT Restores Matter to CIT(E) Pending CBDT’s Decision on Condonation [Read Order]")
Malad Chamber of Tax Consultants seeks Extension of Due Dates for Filing of ITR and Audit Reports for AY 2025-26, submits representation to FM
The Malad Chamber of Tax Consultants (MCTC), a prominent association of tax professionals, has urged the Union Finance Ministry and the Central Board of Direct Taxes (CBDT) to extend the due dates...
CBDT amends Instruction: No Prosecution Under Black Money Act where Penalty Provisions do not Apply [Read Instruction]
The Central Board of Direct Taxes (CBDT), under the Ministry of Finance, issued Instruction No. 01/2025 on 18th August 2025. This new instruction changes its earlier guidelines about when ...
![CBDT amends Instruction: No Prosecution Under Black Money Act where Penalty Provisions do not Apply [Read Instruction]](https://images.taxscan.in/h-upload/2025/08/21/500x300_2078955-black-money-act.webp "CBDT amends Instruction: No Prosecution Under Black Money Act where Penalty Provisions do not Apply [Read Instruction]")
Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]
The Central Board of Direct Taxes (CBDT), Ministry of Finance issued Notification No. 133/2025 [G.S.R. 555(E)] dated 18 August 2025, amending the Income Tax Rules, 1962 by introducing two new ...
![Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]](https://images.taxscan.in/h-upload/2025/08/19/500x300_2078208-cbdt-salary-income-tax-rules-taxscan.webp "Income Tax Rules Amendment: CBDT Fixes ₹4 Lakh Salary and ₹8 Lakh Gross Income Thresholds [Read Notification]")
Severe Staff Shortage at CBIC & CBDT: Tax Reforms Hampered by Nearly 59,000 Vacant Posts in Revenue Dept
The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) are reportedly struggling with a severe shortage of qualified and eligible staff to implement the...
