CBDT issues Revised Guidelines for compounding offences under the Income Tax Act, 1961
In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, CBDT has issued Revised...
![CBDT notifies Ten Year Zero Coupon Bond of Rural Electrification Corporation Limited to be issued on or before 31st of March of 2025 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/08/CBDT-Zero-Coupon-Bond-Rural-Electrification-Corporation-Limited-taxscan.jpg "CBDT notifies Ten Year Zero Coupon Bond of Rural Electrification Corporation Limited to be issued on or before 31st of March of 2025 [Read Notification]")
![Atos Not Liable to Tax for Support Services Provided to Atom India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Atos-Not-Liable-to-Tax-Support-Services-Atom-India-ITAT-Taxscan.jpg "Atos Not Liable to Tax for Support Services Provided to Atom India: ITAT [Read Order]")
PAN Cards Not Linked with Aadhaar Card to be Invalidated In A Few Days: Exemptions, Fees, Fines and Everything You need to Know
The Income Tax Department, in a final warning to taxpayers and PAN Card-holders, had earlier this month tweeted on its Official Twitter handle that, “As per Income-tax Act, 1961, it is mandatory for...
Huge Delay of 1563 Days in filing of Appeal cannot be Attributed to Chartered Accountant: ITAT [Read Order]
The Raipur bench of Income Tax Appellate Tribunal (ITAT) recently held that a huge delay of 1563 days for filing an appeal could not be attributed to a chartered accountant. Assesee Shyam Sundar...
![Huge Delay of 1563 Days in filing of Appeal cannot be Attributed to Chartered Accountant: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Huge-Delay-filing-of-Appeal-Chartered-Accountant-ITAT-Taxscan.jpg "Huge Delay of 1563 Days in filing of Appeal cannot be Attributed to Chartered Accountant: ITAT [Read Order]")
Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Chennai, has recently, in an appeal filed before it, held that advertisement expenses are not allowable without a valid agreement for the transfer of the...
![Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Advertisement-Expenses-Deduction-ITAT-taxscan.jpg "Advertisement Expenses Not Allowable without Valid Agreement for Transfer of Dealership: ITAT [Read Order]")
ITAT declares DCF Method Valuation report as Valid, which provides basis for Computation of Projection and Growth Factors [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has declared that the DCF method valuation report is valid as it provides the basis for the computation of projection and growth factors. ...
![ITAT declares DCF Method Valuation report as Valid, which provides basis for Computation of Projection and Growth Factors [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ITAT-DCF-Method-Valuation-report-Projection-taxscan.jpeg "ITAT declares DCF Method Valuation report as Valid, which provides basis for Computation of Projection and Growth Factors [Read Order]")
CBDT notifies New Rule imposing 'Other Conditions' to Invoke Income Tax Exemption u/s 10(4D), Amends Form 10-IG [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified a new Rule 21AIA prescribing the “other conditions” required to be fulfilled by a specified fund referred to in section 10(4D) of the Income-tax...
![CBDT notifies New Rule imposing Other Conditions to Invoke Income Tax Exemption u/s 10(4D), Amends Form 10-IG [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/06/CBDT-New-Rule-Other-Conditions-Income-Tax-Exemption-Amends-Taxscan.jpeg "CBDT notifies New Rule imposing Other Conditions to Invoke Income Tax Exemption u/s 10(4D), Amends Form 10-IG [Read Notification]")