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Now Tax Refunds Will Be Faster and ITR Corrections Easier: Here’s What the New CBDT Rules Say

The Central Board of Direct Taxes (CBDT) has issued a major notification that will significantly simplify and speed up the tax refund and correction process for Indian taxpayers. Under the new rules, ...
Tax Guru

CBDT Grants Income Tax Exemption to Mussoorie Dehradun Development Authority

The Central Government notified an urban development authority under section 10(46A) of the Income-tax Act. The exemption applies from AY 2024–25, subject to continued statutory status and specified ...
Tax Guru

Section 148 Notice Quashed for Breach of Mandatory Faceless Procedure: ITAT Chandigarh

The Tribunal followed binding High Court precedents to hold that reassessment must strictly adhere to the faceless mechanism. Deviation from the mandated procedure invalidated the notice and the ...
ET Now on MSN

Income tax ITR filing due date extension: Deadline extended to September 30? Alert from income tax department

The department’s response came after a fabricated press release, styled as an official notification from the Central Board of ...
inc42

AIF Investors In GIFT City To Enjoy Tax Exemptions: CBDT

The circular comes as a clarification on an earlier notification by CBDT, in which it notified that an investor’s income from investments made outside India will not be taxed The CBDT reasoned that ...
Business Today

Aadhaar-PAN linking deadline ends TODAY. Check extensions, late fees, penalty and more

The Central Board of Direct Taxes (CBDT) has set 31 December 2025 as the final deadline for Indian taxpayers to link their Aadhaar number with their Permanent Account Number (PAN). This initiative ...