CBDT instruction on time bound reply to response against intimation U/S 245

NHAI Capital Gain Binds : All banks are asked to discontinue NHAI 54EC Bonds with immediate effect

Adjustment of Refund against outstanding demand – CBDT instruction asking AO to response within 21 days

Categories of person who are required to file NFRA Annual Returns

Revaluation of the assets of the firm is liable for capital gain Tax: Supreme Court

Supreme Court Issues Notice On Challenge Against Provision Requiring Chartered Accountants to Have 25 Yrs Minimum Experience

Delhi HC refers matter to larger bench to decide writ jurisdiction in faceless assessment if AO located outside Delhi

Manner of processing and sanction of IGST refunds, withheld in terms of caluse (c) of sub-rule (4) of rule 96, transmitted to the jurisdictional GST authorities under sub-rule (5A) of rule 96 of the CGST Rule, 2017-regarding

Power of Income Tax Survey restored – More Action likely

Income tax: Petition for no income tax for income below Rs.8 lakh… Court notices to Central Govt.

Income Tax on Old creditors of the Assessee  vis a vis  Limitation Act 1963

No Draft Notice under S. 144B issued -Delhi HC directed NaFC to withdraw the Assessment Order

Onus on AO to prove that the liability ceases to exist: Calcutta HC

E-verification of the Information in the Income Tax Portal- A step towards transparent working

TDS U/s 194Q required even if the seller has done TCS U/s 206C(1H): Need for amendment in Income Tax Act in view of the SC ruling in Ahmedabad Urban Development Authority

Circulars are binding upon departmental authorities only if they advance a proposition within the framework of the statutory provision: Supreme Court  

Liability of TDS payment cannot be shifted by Mutual Agreement

Income Tax Department conducts search actions in Karnataka