![Delay occurred by Income Tax Dept to Refund Tax even After Assessee Requested to Enable SWIFT code and IBAN: Madras HC directs to Refund Within 2 Months [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Income-Tax-Madras-High-Court-Tax-refund-TAXSCAN.jpg "Delay occurred by Income Tax Dept to Refund Tax even After Assessee Requested to Enable SWIFT code and IBAN: Madras HC directs to Refund Within 2 Months [Read Order]")
Delay occurred by Income Tax Dept to Refund Tax even After Assessee Requested to Enable SWIFT code and IBAN: Madras HC directs to Refund Within 2 Months [Read Order]
The Madras High Court directed to allow the refund within Two Months. The Income tax department delayed refunding tax even after the assessee...
![CBDT exempts Chandigarh DLSA from Income Tax u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/01/Central-Board-of-Direct-Taxes-CBDT-Income-tax-exemption-TAXSCAN-1.jpg "CBDT exempts Chandigarh DLSA from Income Tax u/s 10(46) [Read Notification]")
![CBDT issues Guidelines on e-commerce: 1% TDS on Gross Amount of Sale of Goods and Services Facilitated through Online Platforms [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/12/CBDT-e-commerce-Guidelines-on-e-commerce-Income-Tax-Deduction-Online-platforms-TAXSCAN.jpg "CBDT issues Guidelines on e-commerce: 1% TDS on Gross Amount of Sale of Goods and Services Facilitated through Online Platforms [Read Circular]")
Service Tax on Supply of Plant And Machinery For Hire For Extraction of Mineral Oil Not Form Part of Aggregate Amount: Supreme Court Dismisses SLP [Read Order]
The Supreme Court dismissed the Special Leave Petition (SLP) against an order wherein it was held that service tax on the supply of plant and machinery for hire for extraction of mineral oil does not...
![Service Tax on Supply of Plant And Machinery For Hire For Extraction of Mineral Oil Not Form Part of Aggregate Amount: Supreme Court Dismisses SLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Service-Tax-Supply-of-Plant-And-Machinery-Hire-For-Extraction-of-Mineral-Oil-taxscan.jpg "Service Tax on Supply of Plant And Machinery For Hire For Extraction of Mineral Oil Not Form Part of Aggregate Amount: Supreme Court Dismisses SLP [Read Order]")
CBDT Grants Income Tax Exemption to Maharashtra Council of Homoeopathy u/s 10(46) [Read Notification]
The Central Board of direct Taxes (CBDT), vide notification no.S.O. 5045(E) issued on 24th November 2023 has notified the Income Tax exemption to the ‘Maharashtra Council of Homoeopathy’ under...
![CBDT Grants Income Tax Exemption to Maharashtra Council of Homoeopathy u/s 10(46) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Exemption-Maharashtra-Council-of-Homoeopathy-Homoeopathy-Tax-Exemption-News-Homoeopathy-Tax-Exemption-TAXSCAN.jpg "CBDT Grants Income Tax Exemption to Maharashtra Council of Homoeopathy u/s 10(46) [Read Notification]")
IT Dept starts Intimation of short deduction of TDS in TRACES Portal w.r.t. PAN-Aaadhar Linking Higher Rate
The Income Tax Department has started intimation of justification reports with respect to Tax Deducted at Source (TDS) short deduction at higher rate in light of the PAN-Aadhar linking status...
Experts Push for Re-evaluation of Faceless Tax Audit Scheme; Stresses GST-Income Tax Reconciliation Flexibility
Experts are urging a comprehensive review of the faceless tax audit scheme, emphasising the need for a more lenient timeline for reconciling goods and services tax (GST) with income tax returns. This...
