Supreme Court Quashes Tax Prosecution, Fines Income Tax Department ₹2 Lakh for Ignoring CBDT Circulars
The Supreme Court has quashed prosecution proceedings against an assessee and imposed a ₹2 lakh cost on the Income Tax […]
CBDT News
CBDT drafting rules for Income Tax Act: Focus on simplified language, no ambiguity
With the Income Tax Act, 2025 getting notified last week, paving the way for its implementation from April 1, 2026,
New Income Tax Act: CBDT plans FAQs, streamlined rules to aid taxpayers, says RN Parbat
The Central Board of Direct Taxes (CBDT) is gearing up to ensure a seamless rollout of the new Income-tax Act
No extra teeth in new tax law, just clearer rules: CBDT
The Central Board of Direct Taxes (CBDT) will issue a standard operating procedure (SoP) on search and seizure provisions under
CBDT says new income tax rules and forms will be ready by year-end for 2026 rollout
The new Income Tax Act, 2025, which has just received Presidential assent, has sparked debate over provisions that allow tax
Major Relief For Taxpayers: CBDT Hikes Income Threshold For Tax-Free Perquisites In Salary
The Central Board of Direct Taxes (CBDT) has notified a significant change to the Income Tax Rules, 1962, effectively widening
Crypto regulation in India: CBDT asks stakeholders on regulation, compliance; VDA oversight, tax-compliance in focus
Apex taxation authority has inquired with cryptocurrency stakeholders about the necessity of new virtual digital assets (VDA) legislation, its administrative
CBDT and CBIC face significant staff shortages amid tax reforms
Amid preparations for new Income Tax legislation and other reforms in indirect tax administration, the Central Board of Direct Taxes
Virtual Digital Assets: Income tax of ₹705 crore paid in FY’23, FY’24
As much as ₹705 crore in taxes was paid for income from Virtual Digital Assets (VDA) transactions during FY’23 and
Category III AIFs get tax relief as Delhi HC reads down CBDT circular
The Delhi High Court has provided long-awaited tax clarity related to a circular issued by the Central Board of Direct
