Notification u/s 10(46A) of the Income Tax Act, 1961 in the case of Odisha Real Estate Regulatory Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th November, 2025 S.O. 5441(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax… Read More »
Notification u/s 10(46) of the Income Tax Act 1961 in the case of Haryana State Board of Technical Education (HSBTE) Panchkula MINISTRY OF FINANCE Department of Revenue (Central Board of Direct Taxes) NOTIFICATION New Delhi, the 26th November, 2025 S.O. 5442(E).— In exercise of the powers conferred by clause (46) of section 10 of the… Read More »
CBDT launches 2nd NUDGE initiative to strengthen voluntary compliance in respect of Foreign Assets Under the 2nd NUDGE initiative, CBDT will send SMSs and emails from 28th November 2025 to identified taxpayers with advice to voluntarily review and revise their returns on or before 31st December 2025 to avoid penal consequences Posted On: 27 NOV… Read More »
IMPORTANT INCOME TAX CASE LAWS 27.11.2025 Section Case Law Title Brief Summary Citation Relevant Act Section 21 Council of Institute of Chartered Accountants of India v. S.N. Valera The Council’s recommendation to remove a CA’s name from the register for five years was set aside and remitted for fresh consideration because the order was a… Read More »
Composite GST Notice for Multiple Years Invalid; Signature Defect Plea Rejected Issue 1: Validity of Digital Signature on Notices (Section 169) Whether a Show Cause Notice (SCN) and Adjudication Order issued electronically are invalid if they do not bear a physical or visible digital signature, even if they contain a Reference Number (RFN) and are… Read More »
AUDIT पर सरकार लेने जा रही बड़ा फैसला ! NEW UPDATE
ITAT Remands PF/ESI Disallowance; CIT(A) Must Consider Revised Tax Audit Report Proving Timely Payment Issue Whether the Commissioner (Appeals) [CIT(A)] was justified in confirming the disallowance of employees’ contribution to PF/ESI under Section 36(1)(va) based on the original Tax Audit Report (Form 3CD), while ignoring the Revised Tax Audit Report and payment challans submitted by… Read More »
Deficiency Memos (RFD-03) Quashed; Application Deemed Complete Upon Filing Requisite Documents. Issue Whether a Proper Officer can issue a Deficiency Memo (Form GST RFD-03) to reject a refund application on the grounds of “non-submission of supporting documents” when the applicant has already filed the application in Form GST RFD-01 along with the statutorily prescribed documents… Read More »
Penalty u/s 271(1)(c) Deleted; Voluntary Disclosure in Return Filed Post-Search/Notice Accepted by AO. Issue Whether a penalty for concealment of income under Section 271(1)(c) can be levied when the assessee, following a search or notice under Section 148, voluntarily includes the unrecorded cash income in their return of income, and the Assessing Officer (AO) accepts… Read More »
Revision Application u/s 264 Cannot be Rejected on Technical Grounds for 82-Year-Old Alzheimer’s Patient Who Paid Tax Issue Whether the Principal Commissioner of Income Tax (PCIT) is justified in rejecting a revision application under Section 264 on technical grounds (failure to file a return under Section 139), when the assessee is an 82-year-old woman suffering… Read More »