Income Tax Notifications & Circulars – April 2025 Compilation
In April 2025, there were several important updates to India’s income tax rules. The Central Board of Direct Taxes (CBDT) issued many notifications...
![Addition of Rs 99.52 Lakh u/s 69 for Unexplained Loans: ITAT Refers Matter to AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/ITAT-ITAT-Ahmedabad-Unexplained-Loans-section-69-of-Income-Tax-Act-Income-Tax-Appellate-Tribunal-taxscan.jpg "Addition of Rs 99.52 Lakh u/s 69 for Unexplained Loans: ITAT Refers Matter to AO [Read Order]")
![[Taxscan 360] Income Tax Returns Filing: Who, Which, Why, Where, How, and When?](https://www.taxscan.in/wp-content/uploads/2024/07/income-tax-income-tax-returns-income-tax-returns-filing-governed-by-the-Income-Tax-Act-direct-tax-annual-income-entity-in-a-financial-year-income-tax-news-taxscan.jpg "[Taxscan 360] Income Tax Returns Filing: Who, Which, Why, Where, How, and When?")
Assessment Order passed in Name of Non-Existent Entity after getting Intimation of Amalgamation shall be "Void Ab Initio": ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the assessment order passed in the name of a non-existent entity after getting intimation of amalgamation shall be void ab...
![Assessment Order passed in Name of Non-Existent Entity after getting Intimation of Amalgamation shall be Void Ab Initio: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Assessment-Order-Non-Existent-Entity-Intimation-of-Amalgamation-ITAT-taxscan.jpg "Assessment Order passed in Name of Non-Existent Entity after getting Intimation of Amalgamation shall be Void Ab Initio: ITAT [Read Order]")
Penalty u/s 271C for Non Deduction of TDS Not Leviable on Submission of Form 15G and 15H: ITAT [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) held that the assessee was not required to deduct tax at source under Section 40(a)(ia) of the Income Tax Act, 1961 on submission of...
![Penalty u/s 271C for Non Deduction of TDS Not Leviable on Submission of Form 15G and 15H: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Penalty-Non-Deduction-of-TDS-Leviable-on-Submission-of-Form-15G-15H-ITAT-TAXSCAN.jpg "Penalty u/s 271C for Non Deduction of TDS Not Leviable on Submission of Form 15G and 15H: ITAT [Read Order]")
Income Tax Dept allows only 13 hours to file Reply to Show Cause Notice: Madras HC directs Re-adjudication [Read Order]
The Income Department had permitted only 13 hours to file a reply to show cause notice (SCN) issued to the assessee. The assessment was overturned and a re-adjudication was mandated by the Madras...
![Income Tax Dept allows only 13 hours to file Reply to Show Cause Notice: Madras HC directs Re-adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Income-Tax-Dept-Show-Cause-Notice-Madras-HC-Re-adjudication-TAXSCAN.jpg "Income Tax Dept allows only 13 hours to file Reply to Show Cause Notice: Madras HC directs Re-adjudication [Read Order]")
Budget 2023: Effects of Income Tax, Customs and GST Changes on the Life of Working Class [Read Finance Bill]
The Finance Minister Nirmala Sitharaman has presented the Union Budget of 2023, by delivering the budget speech. The budget proposed minor changes to tax policies, allocation of government spending,...
![Budget 2023: Effects of Income Tax, Customs and GST Changes on the Life of Working Class [Read Finance Bill]](https://www.taxscan.in/wp-content/uploads/2023/02/Budget-2023-Income-Tax-Customs-GST-TAXSCAN.jpg "Budget 2023: Effects of Income Tax, Customs and GST Changes on the Life of Working Class [Read Finance Bill]")
