![Section 115BBE of Income Tax Act would be Applicable for Transactions Undertaken w.e.f. 1/4/2017, Not of Earlier Period, Rules ITAT [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/500x300_2057402-itat-taxscan.webp "Section 115BBE of Income Tax Act would be Applicable for Transactions Undertaken w.e.f. 1/4/2017, Not of Earlier Period, Rules ITAT [Read Order]")
Section 115BBE of Income Tax Act would be Applicable for Transactions Undertaken w.e.f. 1/4/2017, Not of Earlier Period, Rules ITAT [Read Order]
While clarifying the scope of retrospective taxation under Section 115BBE of the Income Tax Act, 1961 the Delhi Bench of the Income Tax Appellate ...
![Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-Pradhan-Mantri-Garib-Kalyan-Yojana-income-unexplained-income-Taxscan.jpg "Income already Disclosed under Pradhan Mantri Garib Kalyan Yojana, 2016 can’t be treated as Unexplained Income: ITAT [Read Order]")
SC dismisses Petition Challenging Levy of Tax, Surcharge, Penalty & Deposit under Pradhan Mantri Garib Kalyan Yojana [Read Order]
The two-judge bench of the Supreme Court of India, recently upheld the validity of the provisions of the Taxation Laws (Second Amendment) Bill, 2016 provides for imposition of tax, surcharge, penalty...
![SC dismisses Petition Challenging Levy of Tax, Surcharge, Penalty & Deposit under Pradhan Mantri Garib Kalyan Yojana [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Supreme-Court-of-India-Taxscan-min.jpg "SC dismisses Petition Challenging Levy of Tax, Surcharge, Penalty & Deposit under Pradhan Mantri Garib Kalyan Yojana [Read Order]")
No Questions for KYC Accounts; RBI Amends ₹5,000 Cap on Deposits in old ₹500 & ₹1,000 notes [Read Notification]
The Reserve Bank of India (RBI) today clarified that, rule issued on Monday that imposed restrictions on deposits of old notes more than Rs 5,000 before December 30 will not be applicable for KYC...
Deposits exceeds ₹ 5,000 in old ₹ 500 & ₹ 1,000 notes can be made only once per account till Dec 30: RBI [Read Notification]
Yet another move to curb Black Money, the Reserve Bank of India today said in a notification, deposits exceeding Rs 5000 in old 500 and 1000 notes can be made only once per account till december 30,...
