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![Union Budget 2023: Income Tax Exemption for Development Authorities [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Union-Budget-2023-Budget-2023-Union-Budget-Income-Tax-Exemption-Income-Tax-Tax-budget-2023-budget-2023-live-taxscan.jpg "Union Budget 2023: Income Tax Exemption for Development Authorities [Read Finance Bill]")
Union Budget 2023: Income Tax Exemption for Development Authorities [Read Finance Bill]
Under the newly proposed union budget 2023-2024 the Finance Minister Nirmala Sitharaman proposed Income Tax exemptions for development authorities. ...
![Finance Bill, 2023 Amends Income Tax Penalty Provisions [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Finance-Bill-2023-Amends-Income-Tax-Penalty-Provisions-TAXSCAN.jpg "Finance Bill, 2023 Amends Income Tax Penalty Provisions [Read Finance Bill]")
![No Income Tax on Amount received under Agnipath Scheme, 2022: Union Budget 2023 [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Amount-received-Agnipath-Scheme-2022-Union-Budget-2023-taxscan-budget-2023-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-taxscan.jpg "No Income Tax on Amount received under Agnipath Scheme, 2022: Union Budget 2023 [Read Finance Bill]")
![Budget 2023: Income Tax Relief for Market Linked Debentures [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Income-Tax-Market-Linked-Debentures-taxscan-budget-2023-budget-2023-live-union-budget-2023-nirmala-sitharaman-budget-nirmala-sitharaman-union-budget.jpg "Budget 2023: Income Tax Relief for Market Linked Debentures [Read Finance Bill]")
Transfer of Jurisdiction after completion of Assessment: Orissa HC restores matter to Kolkata Income Tax Circle [Read Order]
A Single Bench of Orissa High Court has restored the matter to Kolkata Income Tax Circle holding that transfer of jurisdiction of matter was done after completion of assessment. The...
![Transfer of Jurisdiction after completion of Assessment: Orissa HC restores matter to Kolkata Income Tax Circle [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Jurisdiction-Assessment-Orissa-High-Court-Tax-Income-Tax-Income-Tax-Circle-Taxscan.jpg "Transfer of Jurisdiction after completion of Assessment: Orissa HC restores matter to Kolkata Income Tax Circle [Read Order]")
Income Tax Authorities should charge Legitimate Taxes from Assessee, Penalty cannot be Imposed for Bonafide Mistakes: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Chandigarh Bench, has recently, in an appeal filed before it, held that the income tax authorities should charge legitimate taxes from the assessee and...
![Income Tax Authorities should charge Legitimate Taxes from Assessee, Penalty cannot be Imposed for Bonafide Mistakes: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Income-Tax-Authorities-Income-Tax-Tax-Taxes-Penalty-ITAT-taxscan.jpg "Income Tax Authorities should charge Legitimate Taxes from Assessee, Penalty cannot be Imposed for Bonafide Mistakes: ITAT [Read Order]")