CBDT makes more changes in jurisdiction of Income tax Authorities.
CBDT, in supersession of Notification No.23/2021 has specified 3827 Income Tax Authorities of Assessment Units that shall exercise the powers and functions of Assessing Officers concurrently, to facilitate the conduct of Faceless Assessment proceedings under section 144B of the said Act.
CBDT has notified Cost Inflation Index for Financial Year / Tax Year 2026-27 CBDT has notified "384" as Cost Inflation…
Power of CIT(A) under section 251(1)(a) to remand case could be exercised only when the assessment is passed u/s 144…
ICAI (Global Networking) Guidelines, 2025 kept in abeyance In February 2026, ICAI had issued ICAI (Global Networking) Guidelines 2025 to…
Bank of India-Online Concurrent Audit Empanelment FY 2026-27. Last Date to apply is 15.07.2026 Notice for CA firms applying for…
AO was not competent in valuing the share premium amount as he is not an expert to do the…
Under Dayabhag law there is nothing to prevent Bengalis to be in Hindu Joint Family (HUF) In a recent judgment,…