Treatment of Farm-in expenditure incurred by the Oil Exploration and Production (E&P) Companies-Clarification by CBDT Circular No. 20 /2019 Government…
Verification Cash deposits during demonetisation period to undergo sharp scanner during scrutiny assessment. CBDT issues detailed instructions/checklist for help of…
Revision u/s 263 merely on ground of non-discussion / non-mentioning of reply to queries in assessment proceeding/order is invalid ABCAUS…
Incriminating documents belonging to or containing information pertaining to assessee. The High Court explains the amendment made in section 153C…
Checklist for submitting ITR7 for AY 2019-20 to avoid common mistakes in return preparation which may impact uploading of the…
Proceedings initiated u/s 148 instead of section 153C quashed. ITAT explains the difference between jurisdiction under both sections ABCAUS Case…
No Income tax communications to be issued without a computer-generated Document Identification Number (DIN) on or after 15.10.2019 Circular No.…
CBDT has made 457 Transfers/Postings in the grade of Additional/Joint Commissioner of Income Tax (CIT). The Transfer/Postings have been made…
Multilateral Convention to Implement Tax Treaty related Measures to Prevent Base Erosion and Profit Shifting signed by India on 7th…
CBDT rebuts incorrect reports about Income Tax notices to Durga Puja Committees in Kolkata Press Release There have been reports…