![Rs. 500 and Rs. 1000 Fine on Failure to Link Aadhaar with Prescribed Authority within Due Date: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/03/Aadhaar-Pan-Linking-Aadhaar-CBDT-Fine-Taxscan.jpeg "Rs. 500 and Rs. 1000 Fine on Failure to Link Aadhaar with Prescribed Authority within Due Date: CBDT [Read Notification]")
Rs. 500 and Rs. 1000 Fine on Failure to Link Aadhaar with Prescribed Authority within Due Date: CBDT [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Income Tax (Third Amendment) Rules, 2022. As per the notification issued on Tuesday,...
![Penalty proceedings in cases where pendency could not be created on ITBA because of technical reasons or cases not having a PAN to be excluded from Faceless Penalty Scheme: CBDT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Penalty-ITBA-PAN-Faceless-Penalty-Scheme-CBDT-taxscan.jpg "Penalty proceedings in cases where pendency could not be created on ITBA because of technical reasons or cases not having a PAN to be excluded from Faceless Penalty Scheme: CBDT [Read Order]")
![Benefit of Compounding of Offences under Income Tax Act cannot be denied on ground that Assessee has not been Acquitted of Criminal Charges: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Compounding-Offences-Income-Tax-Act-Assessee-Criminal-Charges-Delhi-Highcourt-Taxscan.jpg "Benefit of Compounding of Offences under Income Tax Act cannot be denied on ground that Assessee has not been Acquitted of Criminal Charges: Delhi HC [Read Order]")
![No Retrospective Effect of CBDT Circular, requiring separate notification by Govt for Importing the benefit of MFN into DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/02/Retrospective-Effect-CBDT-Government-importing-MFN-DTAA-ITAT-taxscan.jpg "No Retrospective Effect of CBDT Circular, requiring separate notification by Govt for Importing the benefit of MFN into DTAA: ITAT [Read Order]")
Most Glitches in Income Tax E-Portal are fixed, No Interest relief will be provided to Late Filers, CBDT to Gujarat High Court
The Central Board of Direct Taxes (CBDT) has informed the Gujarat High Court that most glitches in Income Tax e-portal are fixed, no interest relief will be provided to late filers. The tax...
Assessee to be given a Fair Opportunity to explain his position on proposed Additions/Disallowances: Delhi HC stays Assessment order against SAS Fininvest
The Delhi High Court while staying the assessment order against SAS Fininvest ruled that the assessee to be given a fair opportunity to explain his position on proposed additions/disallowances. ...
Departmental Appeal not maintainable before HC if monetary limit involved is less than Rs.1 crore: Karnataka HC [Read Judgment]
The Karnataka High Court ruled that the Departmental Appeal before the High Court if monetary limit involved is less than Rs.1 crore. The respondent authority has argued that the monetary limit...
![Departmental Appeal not maintainable before HC if monetary limit involved is less than Rs.1 crore: Karnataka HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2021/05/Departmental-Appeal-monetary-limit-Karnataka-HC-taxscan.jpg "Departmental Appeal not maintainable before HC if monetary limit involved is less than Rs.1 crore: Karnataka HC [Read Judgment]")
CDPQ Fixed Income XI Inc. now eligible for Exemption of Income from Dividends, Interest, and LTCG earned from Investments made in Indian Infrastructure: CBDT
The Central Board of Direct Taxes (CBDT) notified a Pension Fund namely CDPQ Fixed Income XI Inc. as eligible for exemption of Income from dividends, interest, and Long Term Capital Gain earned from...
Income Tax Return: CBDT discontinues with Excel and Java Version of ITR Utilities, releases JSON Utility for ITR1 & ITR 4 for AY 21-22
The Central Board of Direct Taxes ( CBDT ) discontinued with Excel and Java Version of ITR Utilities, releases JSON Utility for ITR-1 & ITR-4 for Assessment Year 21-22. In order to use offline...
