![CBDT amends Form 10A, 10AB, 10AC,10AD, 10B and 10BB governing Trusts and Charitable institutions w.e.f. October 1st, 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/CBDT-amends-Form-governing-Trusts-Charitable-institutions-TAXSCAN.jpg "CBDT amends Form 10A, 10AB, 10AC,10AD, 10B and 10BB governing Trusts and Charitable institutions w.e.f. October 1st, 2023 [Read Notification]")
CBDT amends Form 10A, 10AB, 10AC,10AD, 10B and 10BB governing Trusts and Charitable institutions w.e.f. October 1st, 2023 [Read Notification]
The Central Board of Direct Taxes (CBDT) has amended the Income Tax Rules,1962 through vide notification no. G.S.R. 457(E) issued on 23rd June 2023....
![CBDT Amends Income Tax Rules and Introduces Form 10-IEA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/CBDT-Amends-Income-Tax-Rules-Introduces-Form-10-IEA-TAXSCAN.jpg "CBDT Amends Income Tax Rules and Introduces Form 10-IEA [Read Notification]")
![CBDT Amends Income Tax Rules and Introduces New Forms for Advance Ruling [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/CBDT-Amends-Income-Tax-Rules-Income-Tax-Rules-Introduces-New-Forms-for-Advance-Ruling-Advance-Ruling-taxscan.jpg "CBDT Amends Income Tax Rules and Introduces New Forms for Advance Ruling [Read Notification]")
![Disallowance made u/r 8D(iii) of Income Tax Rules without giving Weightage to Credit Balance of Investment : ITAT Directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Disallowance-Income-Tax-Income-Tax-Rules-Credit-Balance-Investment-weightage-ITAT-re-adjudication-income-tax-taxscan.jpg "Disallowance made u/r 8D(iii) of Income Tax Rules without giving Weightage to Credit Balance of Investment : ITAT Directs Re-adjudication [Read Order]")
![Co-operative Society shall Liable to Furnish AIR only after Amendment u/r 114 E of Income Tax Rules: ITAT deletes Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Co-operative-Society-Annual-Information-Report-Income-Tax-Rules-penalty-ITAT-Income-Tax-Rules-taxscan.jpg "Co-operative Society shall Liable to Furnish AIR only after Amendment u/r 114 E of Income Tax Rules: ITAT deletes Penalty [Read Order]")
![Oil Wells Eligible for Depreciation as Plant and Machinery: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Oil-Wells-Eligible-Depreciation-as-Plant-and-Machinery-ITAT-TAXSCAN.jpg "Oil Wells Eligible for Depreciation as Plant and Machinery: ITAT [Read Order]")
ITAT directs to Delete Disallowance of Expenditure incurred towards Exempt Income based on Book Profits [Read Order]
The Income Tax Appellate Tribunal, Chennai Bench, has recently, in an appeal filed before it, directed to delete the disallowance of expenditure incurred towards except income based on book profits. ...
![ITAT directs to Delete Disallowance of Expenditure incurred towards Exempt Income based on Book Profits [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-directs-to-Delete-Disallowance-Expenditure-incurred-towards-Exempt-Income-based-on-Book-Profits-ITAT-TAXSCAN.jpg "ITAT directs to Delete Disallowance of Expenditure incurred towards Exempt Income based on Book Profits [Read Order]")
![Central Govt Amends Rule 11UAC of Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Central-Govt-Amends-Rule-11UAC-of-Income-Tax-Rules-TAXSCAN.jpg "Central Govt Amends Rule 11UAC of Income Tax Rules [Read Notification]")
![Central Govt Amends Rule 11AA of Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/Central-Govt-Amends-Central-Govt-Income-Tax-Rules-Income-tax-taxscan.jpg "Central Govt Amends Rule 11AA of Income Tax Rules [Read Notification]")
No Real Time Alert Sent for Notice u/s 148A(b) of I-T Act received on Same Date as Order Passed by Income Tax Dept: Delhi HC directs Readjudication
In a recent ruling, the Delhi High Court directed the Assessing Officer to re-adjudicate the matter as they failed to send the notice under Section 148A(b) of Income Tax Act, 1961. The Bench...
![CBDT notifies Income Tax Rule 133 to Calculate Net Winnings from Online Gaming [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/05/online-game.jpg "CBDT notifies Income Tax Rule 133 to Calculate Net Winnings from Online Gaming [Read Notification]")
Determination of Fair Market Value of Unquoted Shares does not Prohibit Inclusion of Share Premium as part of Reserves and Surplus: ITAT deletes Addition
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has deleted the addition holding that the determination of fair market value of unquoted shares would not prohibit inclusion of share premium...
