Learn why a Section 90(1) notification is crucial for a DTAA’s enforcement, as per the Supreme Court’s landmark judgment in AO vs. Nestle SA. Understand its impact and implications.
Supreme Court clarifies the commencement of block reassessment under Section 153C of the Income Tax Act, safeguarding third parties’ interests
Learn about hybrid hearing guidelines of Income Tax Appellate Tribunal (ITAT) Indore Bench, effective from October 9, 2023, offering options for virtual and physical hearings.
Learn about ITAT Indore case involving absence of a DIN in an order passed u/s 154. Discover arguments, observations, and outcome in this detailed analysis.
Public can continue to use ₹2000 banknotes for their transactions and also receive them in payment. However, they are encouraged to deposit and/or exchange these banknotes
In a significant ruling, ITAT directs the AO to share crucial information about 32,855 beneficiaries involved in accommodation entry schemes, uncovering a massive money laundering operation
Comprehensive guide on CBDT’s directives for AOs concerning the Abhisar Buildwell Supreme Court verdict. Dive into its implications on Income-tax Act of 1961.
Discover the latest Income Tax update! A new Challan Correction feature on e-filing portal simplifies rectifying tax errors for A.Y. 2020-21 onwards. Learn more.
An overview of case, Parth Developers vs PCIT, where ITAT rules that PCIT can’t invoke Section 263 for a project completion method consistently used by AO.
Safeguard yourself from fake income tax notices in the digital age. Learn to verify notices with a Unique Document Identification Number (DIN) and utilize the official e-Filing portal for authentication. Stay cautious and follow the step-by-step process to ensure the legitimacy of communication. Protect your financial interests by adopting preventive measures.
