![CBDT notifies Exemptions to Startups on Income Tax Chargeable u/s 56(2)(viib) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/CBDT-notifies-Exemptions-to-Startups-on-Income-Tax-Chargeable-Income-Tax-Act-TAXSCAN.jpg "CBDT notifies Exemptions to Startups on Income Tax Chargeable u/s 56(2)(viib) of Income Tax Act [Read Notification]")
CBDT notifies Exemptions to Startups on Income Tax Chargeable u/s 56(2)(viib) of Income Tax Act [Read Notification]
Suppressing the notification vide number S.O. 1131(E) dated 5th March 2019, the Central Board of Direct Taxes (CBDT) has notified the exemption to...
![CBDT notifies Income Tax Exemption u/s 10(46) for Specified Income of FSSAI [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/CBDT-notifies-Income-Tax-Exemption-us-1046-Specified-Income-FSSAI-TAXSCAN.jpg "CBDT notifies Income Tax Exemption u/s 10(46) for Specified Income of FSSAI [Read Notification]")
Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]
The employer's contribution under Section 43B of the Income Tax Act, 1961 is acceptable if the payment is made prior to the filing of returns, according to a recent decision by the Income Tax...
![Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Employer-Contribution-income-tax-act-payment-filing-of-returns-ITAT-Taxscan.jpg "Employer Contribution u/s 43B of Income Tax Act is allowable if Payment is done Before Filing of Returns u/s 139(1): ITAT quashes Addition [Read Order]")
Delhi HC stays Proceedings under Black Money Act to Examine Validity of Retrospective Application [Read Order]
The Delhi High Court stayed the proceedings under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 to examine the validity of the retrospective application. ...
![Delhi HC stays Proceedings under Black Money Act to Examine Validity of Retrospective Application [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Delhi-High-Court-Black-Money-Act-Black-Money-Retrospective-Application-Taxscan.jpg "Delhi HC stays Proceedings under Black Money Act to Examine Validity of Retrospective Application [Read Order]")
No Assessment shall be framed on basis of “Base Note” if assessee signed “Consent Waiver Form”: ITAT sets aside Order [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has recently held that no assessment should be framed on the basis of Base Note if assessee signed Consent Waiver Form....
![No Assessment shall be framed on basis of “Base Note” if assessee signed “Consent Waiver Form”: ITAT sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/Assessment-Base-Note-Consent-Waiver-Form-ITAT-Taxscan.jpg "No Assessment shall be framed on basis of “Base Note” if assessee signed “Consent Waiver Form”: ITAT sets aside Order [Read Order]")
![CBDT notifies Provisional Cost Inflation Index (CII) for FY 2023-24 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/04/CBDT-Cost-Inflation-Index-CII-taxscan.jpg "CBDT notifies Provisional Cost Inflation Index (CII) for FY 2023-24 [Read Notification]")
![CBDT Clarifies Purposes of CBSE mentioned in S. 10(46) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/04/CBDT-CBSE-Income-Tax-Act-TAXSCAN.jpg "CBDT Clarifies Purposes of CBSE mentioned in S. 10(46) of Income Tax Act [Read Notification]")
Deductor/Employer to Intimate Employees on opting New Tax or Old Tax regime for TDS deduction: CBDT Clarifies [Read Circular]
As the new tax regime has been announced by the Central Government, the taxpayer has the option to choose under which regime they are ready to pay the tax. The same is provided under the section...
