![Income Tax (23rd Amendment) Rules, 2020: CBDT amends manner of Investment in Provident Fund under Rule 67 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/CBDT-Income-Tax-23rd-Amendment-Rules-Investment-Provident-Fund-Taxscan.jpg "Income Tax (23rd Amendment) Rules, 2020: CBDT amends manner of Investment in Provident Fund under Rule 67 [Read Notification]")
Income Tax (23rd Amendment) Rules, 2020: CBDT amends manner of Investment in Provident Fund under Rule 67 [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the Income-tax (23rd Amendment) Rules, 2020 to further amend the Income-tax Rules, 1962. The...
![CBDT notifies rules for non-furnishing of PAN by non-resident [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/08/CBDT-PAN-non-resident-Income-tax-Taxscan.jpg "CBDT notifies rules for non-furnishing of PAN by non-resident [Read Notification]")
![Investment made by Promoters of Dabur India for acquiring controlling interest in it is rightly disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Dabur-Taxscan.jpg "Investment made by Promoters of Dabur India for acquiring controlling interest in it is rightly disallowed: ITAT [Read Order]")
![COVID-19: SEBI reviews Post-default curing Period for Credit Rating Agencies [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/05/WhatsApp-Image-2020-05-21-at-8.20.27-PM.jpeg "COVID-19: SEBI reviews Post-default curing Period for Credit Rating Agencies [Read Circular]")
Accountancy must leave Spreadsheet Comfort Zone’: ACCA report reveals Challenges and Opportunities for Digital Accountants [Read Report]
The Digital Accountant, produced by the Association of Chartered Certified Accountants ( ACCA ), surveyed more than 4,200 accountants globally. The report explores the digital challenges accountants...
Husband Eligible for Capital Gain Exemption on Investment of Capital Gain in the name of Wife: ITAT [Read Order]
In a recent ruling, the Delhi bench of the Income Tax Appellate Tribunal (ITAT) has held that the husband shall be eligible for a capital gain exemption if he invests the entire long term capital gain...
![Husband Eligible for Capital Gain Exemption on Investment of Capital Gain in the name of Wife: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/03/site-image3-6-5-1.jpg "Husband Eligible for Capital Gain Exemption on Investment of Capital Gain in the name of Wife: ITAT [Read Order]")
ITAT allows Deduction on Legal and Professional Fees incurred to improve day to day working of Company [Read Order]
The Income Tax Appellate Tribunal (ITAT) of Ahmedabad held that General Deduction allowable on Legal and Professional Fees incurred for the improvement of day to day working of Company. During the...
![ITAT allows Deduction on Legal and Professional Fees incurred to improve day to day working of Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/ITAT-Legal-Deduction-Legal-Professsional-Fees-Taxscan.jpg "ITAT allows Deduction on Legal and Professional Fees incurred to improve day to day working of Company [Read Order]")
![Capital Gain Deduction allowable for House purchased Outside India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/02/House-Purchased-ITAT-Taxscan.jpg "Capital Gain Deduction allowable for House purchased Outside India: ITAT [Read Order]")
![Investment can’t be Written Off as Bad Debt If a Project fails to Take Off: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/Bad-Debt-Aditya-Birla-Taxscan.jpg "Investment can’t be Written Off as Bad Debt If a Project fails to Take Off: ITAT [Read Order]")
Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Cochin bench has held that the deduction cannot be allowed in respect of interest-bearing funds utilized by the assessee-company for acquiring agricultural...
![Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Agricultural-Land.jpg "Expenditure on Interest-bearing Loans acquired for making Investment in Agricultural Land not allowable as Deduction: ITAT [Read Order]")