Kerala HC Directs to treat Income from Sale of Immovable Properties owned by Assessee as 'Capital Gains’ [Read Order]
The Kerala High Court directed to treat income from sale of immovable properties owned by assessee as 'Capital Gains’. It was viewed that the...
![ITAT dismisses Revenue Appeal on Ground of CBDT Circular on Low Tax Effect [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-low-tax-effect-TAXSCAN.jpg "ITAT dismisses Revenue Appeal on Ground of CBDT Circular on Low Tax Effect [Read Order]")
![Income Tax Department Mandates E-Filing for Selected Forms Under Rule 131 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-Department-Income-Tax-E-Filing-Rule-131-of-Income-Tax-Rules-Rule-131-E-Filing-Updates-Taxscan.jpg "Income Tax Department Mandates E-Filing for Selected Forms Under Rule 131 [Read Notification]")
![ITAT dismisses Revenues Appeal as Tax Effect Falls Below Rs. 60 Lakh Limit Set by CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-Revenues-Appeal-Tax-Effect-Set-by-CBDT-Circular-taxscan.jpg "ITAT dismisses Revenues Appeal as Tax Effect Falls Below Rs. 60 Lakh Limit Set by CBDT Circular [Read Order]")
National Aviation Security Fee Trust Receives Income Tax Exemption from CBDT u/s 10(46) [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has granted income tax exemption to the National Aviation Security Fee Trust under clause (46) of section 10 of the Income-tax Act, 1961. This exemption,...
![National Aviation Security Fee Trust Receives Income Tax Exemption from CBDT u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/11/CBDT-Income-Tax-Income-Tax-Exemption-Central-Board-of-Direct-Taxes-TAXSCAN.jpg "National Aviation Security Fee Trust Receives Income Tax Exemption from CBDT u/s 10(46) [Read Notification]")
![CBDT exempts District Legal Service Authority, Haryana from Income Tax [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/11/CBDT-Income-tax-Income-Tax-Exemption-CBDT-Income-Tax-Exemption-Updates-Central-Board-of-Direct-Taxes-Taxscan.jpg "CBDT exempts District Legal Service Authority, Haryana from Income Tax [Read Notification]")
CBDT issues Circular for Condonation of Delay in Filing Income Tax Forms 9A, 10, 10B, and 10BB [Read Circular]
In a significant move aimed at easing compliance for taxpayers, the Central Board of Direct Taxes ( CBDT ) has issued Circular No. 6/2024, with provisions for condonation of delays in filing Forms...
![CBDT issues Circular for Condonation of Delay in Filing Income Tax Forms 9A, 10, 10B, and 10BB [Read Circular]](https://www.taxscan.in/wp-content/uploads/2024/11/CBDT-Income-Tax-Central-Board-of-Direct-Taxes-Condonation-of-Delay-Delay-in-Filing-Income-Tax-Forms-Taxscan.jpg "CBDT issues Circular for Condonation of Delay in Filing Income Tax Forms 9A, 10, 10B, and 10BB [Read Circular]")
CBDT Launches Compliance-Awareness Campaign for AY 2024-25 to help Income Taxpayers in Reporting Foreign Assets and Income
The Central Board of Direct Taxes ( CBDT ) has introduced a Compliance-Cum-Awareness Campaign for Assessment Year (AY) 2024-25 to help taxpayers accurately fill out Schedule Foreign Assets (Schedule...
CBDT Exempts Petroleum and Natural Gas Regulatory Board from Income Tax under Section 10(46A) [Read Notification]
The Central Board of Direct Taxes ( CBDT ), through Notification No. 118/2024 dated November 12, 2024, has granted the Petroleum and Natural Gas Regulatory Board ( PNGRB ) an income tax exemption...
![CBDT Exempts Petroleum and Natural Gas Regulatory Board from Income Tax under Section 10(46A) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/11/Income-Tax-CBDT-Central-Board-of-Direct-Taxes-Petroleum-and-Natural-Gas-Regulatory-Board-TAXSCAN.jpg "CBDT Exempts Petroleum and Natural Gas Regulatory Board from Income Tax under Section 10(46A) [Read Notification]")
