Tax Guru4h
CBDT Cannot Misuse Sections 119, 120 & 144B Powers to Assessee’s Detriment
The High Court reiterated that legislative enactments with financial implications cannot be bypassed by administrative actions under Sections 119, 120, or 144B. The judgment serves as a reminder that ...
CBDT launches e-campaign to address income, transaction mismatches for FY24, FY22
The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to assist taxpayers in resolving mismatches ...
Newspoint on MSN11d
CBDT Introduces New Taxpayer Facility: Here's How It Benefits You
The Central Board of Direct Taxes (CBDT) has launched a new initiative aimed at helping taxpayers align their Income Tax ...
The Financial Express28d
CBDT extends ITR filing date for certain taxpayers by 15 days – Here’s the new date
The due date for filing returns under Section 139(1) of the Income-tax Act, 1961, for taxpayers required to submit a report ...
CBDT campaign to resolve income discrepancies in annual statement, returns
People get opportunity to address discrepancies by filing revised or belated Income Tax returns for FY24 before December 31 ...
CBDT launches campaign to intimate taxpayers on mismatch in ITR filed and AIS
This campaign also targets individuals who have taxable income or significant high-value transactions reported in their AIS ...
Attention taxpayers: CBDT issues alerts to taxpayers on mismatch in ITR, information statement
The Central Board of Direct Taxes (CBDT) in a statement said it has launched an electronic campaign to assist taxpayers in ...
CBDT Launches E-Campaign To Help Taxpayers Resolve Income And Transaction Mismatches
The Central Board of Direct Taxes (CBDT) has launched an electronic campaign to assist taxpayers in resolving mismatches bet ...
CBDT launches electronic campaign to resolve income and transaction mismatches for FY 2023-24 and FY 2021-22
In a significant move aimed at enhancing tax compliance and transparency the Central Board of Direct Taxes CBDT has initiated an electronic campaign to addre ...
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Income tax returns: Bombay High Court asks CBDT to extend deadline for some taxpayers
The court observed that recent changes to the Income Tax Department’s utility software prevented eligible taxpayers from ...
CBDT sends alerts on mismatch in ITRs, AIS
The Income Tax Department is reaching out to taxpayers and non-filers via SMS and email regarding discrepancies found between ...
Tax Guru4h
Low Tax Effect: ITAT Ahmedabad Dismisses Revenue Appeal
In ITO Vs Nanalayja Power Company Ltd., the ITAT Ahmedabad dismissed a Revenue appeal due to its non-maintainability under CBDT Circular No. 09/2024, which prescribes a monetary threshold of ₹60 lakhs ...