CBDT signs highest number of Advance Pricing Agreements in FY 2023-2024
The Central Board of Direct Taxes ( CBDT ) of India announced a significant increase in Advance Pricing Agreements ( APAs ) signed with Indian...
![CBDT Notification going beyond Provisions of Income Tax Act is Invalid: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/CBDT-Notification-Income-Tax-Act-Bombay-HC-TAXSCAN.jpg "CBDT Notification going beyond Provisions of Income Tax Act is Invalid: Bombay HC [Read Order]")
Income Tax Returns: CBDT notifies Changes in ITR Form V and Acknowledgement for AY 2024 25 as per Budget 2023 amendments in IT Act and Income Tax Rules [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has notified the changes in Income Tax Return Form V ( ITR-V ), in line with the Finance Act, 2023. Notably, the Central Board of Direct Taxes ( CBDT )...
![Income Tax Returns: CBDT notifies Changes in ITR Form V and Acknowledgement for AY 2024 25 as per Budget 2023 amendments in IT Act and Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/03/Income-Tax-Returns-CBDT-Changes-ITR-Form-V-Acknowledgement-for-AY-2024-25-Budget-2023-IT-Act-and-Income-Tax-Rule-taxscan.jpg "Income Tax Returns: CBDT notifies Changes in ITR Form V and Acknowledgement for AY 2024 25 as per Budget 2023 amendments in IT Act and Income Tax Rules [Read Notification]")
Deadline Alert: Trusts/Institutions must Submit Correct Income Tax Audit Report (Form 10B or 10BB) by March 31, 2024
The Central Board of Direct Taxes ( CBDT ) has issued a reminder regarding trusts and institutions that may have inadvertently submitted their Audit Reports on or before October 31st 2023 in the...
CBDT clarifies Implementation of E-Verification Scheme for Mismatch in Interest Income, Dividend Income and Income Disclosed in ITRs
The Central Board of Direct Taxes (CBDT) has issued a press release clarifying the implementation of the e-verification scheme for mismatches in interest income, dividend income, and income disclosed...
Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]
In a recent case, the Supreme Court while observing the monetary limits for filing of income tax appeals by the department dismissed the revenue appeal with respect to the low tax effect. The...
![Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/Supreme-Court-SC-Income-Tax-Appeals-Revenue-Appeal-Monetary-Limits-Income-Tax-Appeals-Taxscan.jpg "Monetary Limits for Filing of Income Tax Appeals by Department: SCÂ dismisses Revenue Appeal w.r.t low Tax Effect [Read Order]")