![CBDT again extends due date for the filing of Income Tax Return for AY 2019-20 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/CBDT-Income-Tax-Return-Taxscan.jpg "CBDT again extends due date for the filing of Income Tax Return for AY 2019-20 [Read Notification]")
CBDT again extends due date for the filing of Income Tax Return for AY 2019-20 [Read Notification]
The Central Board of Direct Taxes (CBDT) has extended the last date for filing Income Tax Return (ITR) for Assessment Year 2019-20. The date has...
![CBDT authorizes Director General of Income Tax to Upload GST Return Information in Form 26AS [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/CBDT-Director-General-Income-Tax-GST-Return-Form-26AS-Taxscan.jpg "CBDT authorizes Director General of Income Tax to Upload GST Return Information in Form 26AS [Read Order]")
![CBDT issues Guidelines for TDS on Payment by E-Commerce Operator [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/CBDT-guidelines-TCS-TDS-e-commerce-operator-Taxscan.jpg "CBDT issues Guidelines for TDS on Payment by E-Commerce Operator [Read Circular]")
![CBDT authorizes ACIT/DCIT (NEAC) for issuing 143(2) Notice [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/NEAC-CBDT-notice-Taxscan.jpg "CBDT authorizes ACIT/DCIT (NEAC) for issuing 143(2) Notice [Read Notification]")
![CBDT notifies Setting up of NFAC and RFAC under Faceless Appellate Scheme, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/CBDT-Faceless-Assessment-Scheme-Guidelines-Taxscan.jpg "CBDT notifies Setting up of NFAC and RFAC under Faceless Appellate Scheme, 2020 [Read Notification]")
No requirement of Scrip Wise Reporting for day Trading and Short-Term Sale or Purchase of Listed Shares: CBDT
The cap( CBDT ) has clarified that, No requirement of scrip wise reporting for day trading and short-term sale or purchase of listed shares. There was a report in a certain section of media that...
No Notice of Reassessment can be issued after 4 years of Assessment, If assessee fully and truly discloses all information: Bombay HC grants relief to SBI [Read Judgment]
The Bombay High court while quashing the notices issued under Section 148 of the Income Tax Act to State Bank of India (SBI) held that no notice of reassessment can be issued after 4 years of...
![No Notice of Reassessment can be issued after 4 years of Assessment, If assessee fully and truly discloses all information: Bombay HC grants relief to SBI [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/SBI-Taxscan.jpg "No Notice of Reassessment can be issued after 4 years of Assessment, If assessee fully and truly discloses all information: Bombay HC grants relief to SBI [Read Judgment]")
![CAG Audit Report recommends CBDT to introduce a Time Limit for Issuing Notices [Read Report]](https://www.taxscan.in/wp-content/uploads/2020/09/CAG-CBDT-Taxscan.jpg "CAG Audit Report recommends CBDT to introduce a Time Limit for Issuing Notices [Read Report]")
CBDT allows One-time relaxation for Verification of Income Tax Returns by EVC/ITR-V for AY 2015-16, 2016-17, 2017-18, 2018-19
The Income Tax Department has allowed the One-time relaxation for Verification of Income-tax Returns by EVC/ITR-V for Assessment Years 2015-16, 2016-17, 2017-18, 2018-19. ...
CBDT lays out Guidelines for Compulsory Selection of Returns for Complete Scrutiny under Faceless Assessment for FY 2020-21 [Read Circular]
The Central Board of Direct Taxes (CBDT) on Thursday prescribed broad parameters for compulsory selection of returns for complete scrutiny under faceless assessment for Financial Year 2020-21. The...
![CBDT lays out Guidelines for Compulsory Selection of Returns for Complete Scrutiny under Faceless Assessment for FY 2020-21 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/CBDT-compulsory-selection-complete-scrutiny-faceless-assessment-Taxscan.jpg "CBDT lays out Guidelines for Compulsory Selection of Returns for Complete Scrutiny under Faceless Assessment for FY 2020-21 [Read Circular]")
Relief to EY: ITAT allows Deduction under Section 10AA on Incremental Income arisen pursuant to APA [Read Order]
In a relief to EY, the Income Tax Appellate Tribunal (ITAT) Bangalore Bench allowed a deduction under Section 10AA on incremental income arising pursuant to arm’s length price (APA) as per modified...
![Relief to EY: ITAT allows Deduction under Section 10AA on Incremental Income arisen pursuant to APA [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-APA-EY-Taxscan.jpg "Relief to EY: ITAT allows Deduction under Section 10AA on Incremental Income arisen pursuant to APA [Read Order]")