Stay updated with the latest income tax notifications for changes in tax laws, rates, and compliance requirements. Get insights into income tax updates, exemptions, deductions, and important deadlines through income tax notifications.
Income Tax : The ruling clarifies that unauthenticated digital chats and screenshots cannot form the sole basis of tax additions without proper...
Income Tax : Courts held that investment in under-construction property qualifies as construction under Sections 54/54F. Deduction cannot be de...
Income Tax : The new Act reorganises sections, rules, and forms without changing core transfer pricing principles. Taxpayers must adapt to upda...
Income Tax : The new framework eliminates mandatory renewals and replaces them with continuous monitoring. Donor eligibility now depends on sus...
Income Tax : The new law replaces time-bound approvals with continuous compliance monitoring for charitable entities. Registration now survives...
Income Tax : The issue was complexity in the existing tax law. It was clarified that the new Act simplifies structure by reducing sections and ...
Income Tax : The tax department clarified that no search or restriction was carried out against the individual. It termed the allegations basel...
Income Tax : The audit found widespread incorrect claims of deductions for bad debts and reserves. It highlights the need for stricter verifica...
Income Tax : The government replaced the six-decade-old law with the Income-tax Act, 2025. The reform aims to simplify compliance through clear...
Income Tax : A CBI court sentenced seven individuals to four years imprisonment for manipulating tax systems using forged records. The case hig...
Income Tax : The ruling clarifies that unauthenticated digital chats and screenshots cannot form the sole basis of tax additions without proper...
Income Tax : The case involved denial of deduction due to delayed execution of purchase deed. The Tribunal held that investment in an under-con...
Income Tax : Gujarat High Court upheld the deletion of a Section 271D penalty, ruling that the assessment order did not record satisfaction for...
Income Tax : Supreme Court reviews the Kakadia Builders case, addressing Settlement Commission's authority to waive interest under Sections 234...
Income Tax : We request the authority concerned to take a practical view of the problems which the assessees are facing as on date on account o...
Income Tax : The consolidation into Form 121 introduces stricter documentation and reporting obligations. The decision emphasizes accountabilit...
Income Tax : A corrigendum fixes multiple drafting and referencing mistakes in income tax rules. The update ensures clarity without altering su...
Income Tax : CBDT clarified the presentation of error categories in Form U. The update ensures clearer reporting of incorrect income heads and ...
Income Tax : The corrigendum corrects technical errors in multiple ITR schedules, including CG and CYLA. It ensures accurate reporting and smoo...
Income Tax : CBDT corrected multiple clerical and structural errors across income tax return schedules. The changes ensure accurate reporting a...
OFFICE ORDER NO. 131 OF 2019 In view of pending disciplinary/vigilance cases against the following officers, the Competent Authority has decided not to extend the term of ad-hoc appointment of the officers listed below to the post of Joint Commissioner of Income Tax. Accordingly, the following officers are reverted to their substantive post i.e. Deputy Commissioner of Income Tax with immediate effect:
The transfers and postings of the 329 Income Tax Officers are ordered with effect from 10th June 2019 by Principal CIT Delhi vide Order No. 35/ G.O. 2019-20 Dated 10.06.2019. OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX, DELHI C. R. BUILDING, I. P. ESTATE, NEW DELHI-110002 F.No.P-328/T&P/IT0s/2019-20/ 3436 Dated: 10.06.2019 Order No. 35/G.O./2019-20 […]
Procedure for Online Filing of TDS/ TCS Returns at E Filing Portal: CBDT (DIT Systems) Notification No. 10/2019 Income Tax dated 4th June 2019 CBDT has notified the procedure for online filing of TDS/ TCS Returns at e filing portal, including guidelines on registration, manner of the preparation/ submission of TDS/ TCS returns using DSC/ EVC […]
CBDT extends the due date of filing of TDS Statement in Form 24Q for financial year 2018-19 from 31st of May, 2019 to 30th of June, 2019. F.No.275/38/2017-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Dated: 4th June, 2019 ORDER UNDER SECTION 119 OF […]
The 31st May, 2019 OFFICE ORDER NO. 125 OF 2019 The following officers in the grade of CCsIT are, hereby, ordered to hold the charge(s) as indicated against their names, in addition to their substantive charge / additional charge(s), if any, being held by them, with immediate effect and until further orders: –
ORDER No. 03/104 of 2019- The transfers and postings of the following Income Tax Officers are hereby ordered with immediate effect and until further orders.
ORDER No. 02/104 of 2019 The transfers and postings of the following Income Tax Officers, presently posted on in-situ basis, are hereby ordered with immediate effect and until further orders.
ORDER No. 01/104 of 2019 The transfers and postings of the following Income Tax Officers, presently posted on in-situ basis, are hereby ordered with immediate effect and until further orders.
Prohibition of Benami Property Transactions (Conditions of services of Members of Adjudicating Authority) Rules, 2019 shall come into force from 27th May, 2019. MINISTRY OF FINANCE (Department of Revenue) Notification No. 44/2019-Income Tax New Delhi, the 27th May, 2019 G.S.R. 379(E).—In exercise of the powers conferred by section 68 read with sub-section (2) of section […]
Task Force for drafting a New Direct Tax Legislation- The term of the Task Force is extended by a period of two months i.e.. the Task Force may be allowed to submit its report by July 31, 2019.
