Updates Latest Circulars, Notifications, etc. More... Press Release, dtd. 26-10-2024 - CBDT extends due date for furnishing Return of Income for the Assessment Year 2024-25 under the Income-tax Act, 1961 Dated: 26-Oct-2024 Circular No. 13/2024 [F. No. 225/205/2024/ITA-II] - Extension of due date for furnishing return of income for the Assessment Year 2024-25 Dated: 26-Oct-2024 Notification No. 117/2024 [F.No. 370142/19/2024-TPL] - Section 10(46)—Exemption to Specified Income of Notified Body/Authority/ Board/ Trusts/Community—West Bengal Pollution Control Board Dated: 18-Oct-2024 Notification No. 116/2024 [F.No. 500/1/2014-APA-II] - Section 92C(2)—Notification under third proviso to sub section 2 of section 92C of the Income tax Act 1961 Dated: 18-Oct-2024 Press Release, dtd. 17-10-2024 - CBDT issues Revised Guidelines for compounding offences under the Income- tax Act, 1961 Dated: 17-Oct-2024 Press Release, dtd. 16-10-2024 - CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents Dated: 16-Oct-2024 Notification No. 115/2024 [F.No. 370142/19/2024-TPL] - Section 206C(12)—Specifies that no collection of tax shall be made under sub-section (1F) of section 206C of the IT Act on any payment received from the Reserve Bank of India. Dated: 16-Oct-2024 Notification No. 114/2024 [F.No. 370142/21/2024-TPL] - Income Tax (Ninth Amendment) Rules, 2024 -- Amendment in Rule 31AA and 37-I Dated: 16-Oct-2024 Latest Articles More... Orders in faceless assessments Missing Reasoned Order in Faceless Assessments Srivatsan Ranganathan Condonation of delay Power of Condonation of Delay Conferred to CBDT Under Section 119(2)(b)—Scope of CS. Preeti Satyani Penalty Penalty under Section 270A can be Deleted Where Assessee is in Bona Fide Belief for An Act Akhilesh Kumar Sah Best Judgment Assessment Remedies Available to Aggrieved Taxpayer Where Assessing Officer Finalized Ex Parte Assessment Under Section 144 CA. Sanjeev Goyal Appeals Not Accepting the Jurisdictional High Court Judgment or Working Mechanically Without Application of Mind may Attract Punishment on Concerned Authorities of Income Tax Akhilesh Kumar Sah Judicial Discipline High Court Where Appeal Against Income Tax Appellate Tribunal Order Will Lie Kush Kalra Taxability When the Services Provided by Non-Residents do not make Available any Technical Knowledge, Experience, Skill, Know-How or Processes, it Cannot be Made Taxable in India Akhilesh Kumar Sah Reinvestment Provisions Reinvestment Provisions Post Budget 2024 Srivatsan Ranganathan Income Tax View all Pr. CIT v. Joginder Singh Chatha Section : SC -- 25 Oct 2024 Application DisposedSpecial Leave Petition (Civil) Diary No(S). 44498/20242024 TaxPub(DT) 5740 (SC) Kusharaj Madhav Bhandary v. ITO Section : 270AA 154 156 148 Bom-HC -- 23 Oct 2024 Petition DisposedWrit Petition No. 4748 of 20222024 TaxPub(DT) 5741 (Bom-HC) DIT v. Texas Instruments Incorporated Section : SC -- 22 Oct 2024 Application DisposedSpecial Leave to Appeal (C) No(s). 10814/20212024 TaxPub(DT) 5745 (SC) Saurabh Bahety v. ITO Section : 270AA 143 Del-HC -- 22 Oct 2024W.P. (C) No. 14817/2024 & CM Appl. 62273/20242024 TaxPub(DT) 5744 (Del-HC) GIA India Laboratory (P) Ltd. v. Assessment Unit Section : 271 (3) Bom-HC -- 22 Oct 2024 Writ Petition (L) No. 32400 of 20242024 TaxPub(DT) 5739 (Bom-HC) ITO v. Sachin Laxman Jangid Section : 250 143(1) 147 148 143(3) 142(1) 254 41(1) Mum-Trib -- 21 Oct 2024 Revenue Appeal DismissedITA No. 2205/MUM/20242024 TaxPub(DT) 5743 (Mum-Trib)