![CBIC issues Revised Guidelines for Implementation of Risk Management System in Customs and GST [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/04/CBIC-Revised-Guidelines-Risk-Management-Customs-GST-taxscan.jpg "CBIC issues Revised Guidelines for Implementation of Risk Management System in Customs and GST [Read Circular]")
CBIC issues Revised Guidelines for Implementation of Risk Management System in Customs and GST [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has issued revised guidelines for the National Risk Management Committee (“NRMC”)/Local...
![CBDT notifies Conditions for furnishing ITR by persons referred u/s 139(1)(b) of Income Tax Act [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/CBDT-ITR-persons-Income-Tax-Act-taxscan.jpeg "CBDT notifies Conditions for furnishing ITR by persons referred u/s 139(1)(b) of Income Tax Act [Read Notification]")
![CBDT notifies Rajasthan Electricity Regulatory Commission eligible for Income Tax Exemption [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/CBDT-Rajasthan-Electricity-Regulatory-Commission-Income-Tax-Exemption-taxscan.jpeg "CBDT notifies Rajasthan Electricity Regulatory Commission eligible for Income Tax Exemption [Read Notification]")
![CBDT notifies Rules relating to Taxation of Income from Retirement Benefit Account maintained in a Notified Country [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/CBDT-Taxation-Retirement-Benefit-Account-maintained-Notified-Country-TAXSCAN.jpeg "CBDT notifies Rules relating to Taxation of Income from Retirement Benefit Account maintained in a Notified Country [Read Notification]")
![CBDT notifies e-Dispute Resolution Scheme, 2022 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/CBDT-e-Dispute-Resolution-Scheme-taxscan.jpeg "CBDT notifies e-Dispute Resolution Scheme, 2022 [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, every person who, in accordance with the provisions...
![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]")
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]
The Central Board of Direct Tax ( CBDT ) has said that, 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...
![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]
A two-judge bench of the Delhi High Court has held that the application seeking compounding of the offence under the Income Tax Act, 1961 cannot be rejected on the ground that the petitioner has not...
![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]
The Pune Bench of Income Tax Appellate Tribunal (ITAT) has held that No Retrospective effect of Central Board of Direct Taxes (CBDT) Circular, requiring separate notification by Government for...
![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...
