![Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Rules-Foreign-Tax-Credit-Form-67-taxscan.jpg "Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]")
Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Income-tax (27thAmendment) Rules, 2022 and amended rule 128, for sub-rule (9) allowing...
![GST: Supreme Court directs State Govts and GST Council to consider Implementing DIN System to Prevent Harassment to Honest Taxpayers [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/GST-Supreme-Court-GST-Council-DIN-System-Honest-Taxpayers-taxscan.jpeg "GST: Supreme Court directs State Govts and GST Council to consider Implementing DIN System to Prevent Harassment to Honest Taxpayers [Read Order]")
![No Recovery of Income Tax Demand relating to Issues Already decided in Assessee’s Favour: Delhi HC upholds CBDT Circular [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Demand-Assessees-Favour-Delhi-HC-CBDT-Circular-taxscan.jpg "No Recovery of Income Tax Demand relating to Issues Already decided in Assessee’s Favour: Delhi HC upholds CBDT Circular [Read Order]")
![CBIC clarifies Issues relating to Electro-Chemiluminescence Immunoassay kits [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/07/CBIC-Electro-Chemiluminescence-Immunoassay-kits-taxscan.jpg "CBIC clarifies Issues relating to Electro-Chemiluminescence Immunoassay kits [Read Circular]")
![CBDT notifies Income Tax Exemption to Odisha Electricity Regulatory Commission [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/07/CBDT-Income-Tax-Exemption-Odisha-Electricity-Regulatory-Commission-taxscan.jpeg "CBDT notifies Income Tax Exemption to Odisha Electricity Regulatory Commission [Read Notification]")
High Court Order directing CBDT to accept Belated Income Tax Return is Valid, But should not be treated as 'Precedent': Supreme Court [Read Judgment]
A two-judge bench of the Supreme Court has upheld the High Court order directing the Central Board of Direct Taxes (CBDT) to accept a belated income tax return after condoning the delay. The...
![High Court Order directing CBDT to accept Belated Income Tax Return is Valid, But should not be treated as Precedent: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/07/High-Court-Order-CBDT-Income-Tax-Return-Supreme-Court-taxscan.jpeg "High Court Order directing CBDT to accept Belated Income Tax Return is Valid, But should not be treated as Precedent: Supreme Court [Read Judgment]")
CBIC clarifies BCD Rate applicable on Parts used in the Manufacture of LCD/LED TV Panels [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification regarding the applicability of the Basic Customs Duty (BCD) rate on parts used in the manufacturing of Liquid Crystal...
![CBIC clarifies BCD Rate applicable on Parts used in the Manufacture of LCD/LED TV Panels [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/07/CBIC-BCD-rate-0-Manufacture-LCD-LED-TV-Panels-taxscan.jpg "CBIC clarifies BCD Rate applicable on Parts used in the Manufacture of LCD/LED TV Panels [Read Circular]")
Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) has held that exception to the Central Board of Direct Taxes (CBDT) circular specifying monetary limit for filing appeals not applicable to...
![Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/ITAT-Mumbai-CBDT-Circular-Appeal-Cases-Information-Investigation-Wing-Dept-ITAT-taxscan.jpeg "Exception to CBDT Circular specifying Monetary Limit for filing Appeal not Applicable to Cases relating to Information received from Investigation Wing of Dept: ITAT [Read Order]")
![CBDT notifies New Application Form to Defer Appeal filing in Identical Cases [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/07/CBDT-Application-Form-Identical-Cases-taxascan.jpeg "CBDT notifies New Application Form to Defer Appeal filing in Identical Cases [Read Notification]")
CBDT notifies Form 26QF for Quarterly statement of TDS for transfer of VDA u/s 194S [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Form 26QF for the quarterly statement of TDS for the transfer of Virtual Digital Assets (VDA) under section 194S of the Income Tax Act, 1961....
![CBDT notifies Form 26QF for Quarterly statement of TDS for transfer of VDA u/s 194S [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/07/CBDT-Form-26QF-Quarterly-statement-TDS-VDA-taxscan.jpg "CBDT notifies Form 26QF for Quarterly statement of TDS for transfer of VDA u/s 194S [Read Notification]")