CBDT Chairman Inaugurates Taxpayers' Lounge at India International Trade Fair 2023
The chairman of Central Board of Direct Taxes (CBDT) inaugurated the taxpayers' lounge at India International Trade Fair 2023 on 15th November 2023...
![Income Tax Refund Claim: Delhi HC Directs to Consider Revised Return Filed by Assessee [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Income-Tax-Refund-Claim-Delhi-High-Court-Revised-Return-Assessee-taxscan-1.jpg "Income Tax Refund Claim: Delhi HC Directs to Consider Revised Return Filed by Assessee [Read Order]")
![Breaking: CBDT notifies Changes in Form ITR 7 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/11/CBDT-notifies-Changes-in-Form-ITR-7-ITR-CBDT-Breaking-news-Taxscan.png "Breaking: CBDT notifies Changes in Form ITR 7 [Read Notification]")
Delay of 408 Days: Supreme Court Refuses to hear SLP by Revenue having Low Tax Effect of Rs. 37 Lakhs [Read Judgement]
The Supreme Court of India has dismissed a Special Leave Petition (SLP) filed by the Commissioner of Commercial Taxes for vagueness in reasons stated for condonation of delay and low tax effect. ...
![Delay of 408 Days: Supreme Court Refuses to hear SLP by Revenue having Low Tax Effect of Rs. 37 Lakhs [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2023/10/Supreme-Court-of-india-SLP-Revenue-low-tax-effect-taxscan.jpg "Delay of 408 Days: Supreme Court Refuses to hear SLP by Revenue having Low Tax Effect of Rs. 37 Lakhs [Read Judgement]")
CBDT issues Circular Condoning Delay for Form No. 10-IC Filing for AY 2021-22; Extended till 31st January 2024 [Read Circular]
The Central Board of Direct Taxes (CBDT), vide circular no. 19/2023 issued on 23rd October 2023 has addressed the condonation of the delay in filing Form No. 1O-IC under section 119(2)(b) of the...
Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]
A Single Bench of Kerala High Court directed the Commissioner of Income Tax Appeal (CIT(A)) to condone delay as the Commissioner of Income Tax is empowered to condone delay for filing return under...
![Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Commissioner-of-Income-Tax-Income-Tax-condone-delay-Kerala-HC-kerala-high-court-high-court-taxscan.jpg "Commissioner of Income Tax empowered to condone delay for Filing Return u/s 119 (2)(b) of Income Tax Act: Kerala HC directs to CIT to Condone Delay [Read Order]")
CBDT Introduces new Form No. 56F to be Furnished by Assessee from Accountant u/s 10AA(8); Amends Income Tax Rules [Read Notification]
The Central Board of direct taxes (CBDT) vide notification no. G.S.R. 786(E) issued on 20th October 2023 has notified the insertion of new Form No. 56F, which shall be furnished by the assessee from...
![CBDT Introduces new Form No. 56F to be Furnished by Assessee from Accountant u/s 10AA(8); Amends Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/10/CBDT-Introduces-new-Form-No.-56F-Assessee-from-Accountant-Income-Tax-Rules-taxscan.jpg "CBDT Introduces new Form No. 56F to be Furnished by Assessee from Accountant u/s 10AA(8); Amends Income Tax Rules [Read Notification]")
CBDT extends Time Limit till 31 Jan, 2024 for Processing of Income Tax Returns with Refund Claims u/s 143(1) in Non-Scrutiny Cases [Read Order]
The Central Board of Direct Taxes (CBDT) has extended the time limit for processing of validly filed Income Tax Returns (ITRs) with refund claims under Section 143(1) of the Income Tax Act for...
![CBDT extends Time Limit till 31 Jan, 2024 for Processing of Income Tax Returns with Refund Claims u/s 143(1) in Non-Scrutiny Cases [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/CBDT-Income-Tax-Returns-Income-Tax-Refund-Non-Scrutiny-Cases-taxscan.jpg "CBDT extends Time Limit till 31 Jan, 2024 for Processing of Income Tax Returns with Refund Claims u/s 143(1) in Non-Scrutiny Cases [Read Order]")
Tax Authorities to Scrutinise Swiss Bank Account Data of Indian Nationals, Says CBDT Chairman Nitin Gupta
Nitin Gupta, Chairman of the Central Board of Direct Taxes (CBDT), emphasized the proactive stance of the Indian Income Tax Department in reviewing bank accounts held by Indian individuals and...
