3. The Petitioner challenges the order dated 23 February 2024, which is signed by Mr Virender Singh, Additional CIT (ITA Cell), CBDT, New Delhi, refusing to condone the delay of about 1585 days in ...
An order requiring CBDT’s approval must be explicitly issued by CBDT or its members: Bombay HC ...
In her Budget 2025 address, FM Nirmala Sitharaman announced modifications to the new tax regime, such as the exemption of up ...
After introduction in the Upper House, the bill will be sent to a parliamentary standing committee for scrutiny.
Finance minister Nirmala Sitharaman, in her Budget speech, had proposed to introduce the bill in Parliament next week.
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There will be no tax on income up to Rs 12 lakh, more than 90% taxpayers can adopt the new tax regime: CBDT Chairman..Chairman Ravi Agarwal has said that after the announcement of changes in tax slabs in the budget, more than 90% of taxpayers ...
CBDT Chief Ravi Agrawal invites industry suggestions on the new income tax bill, poised to replace the 1961 act with simplified language and international standards. Approximately 90 lakh updated ...
Finance Minister announced significant tax cuts, raising the exemption limit to Rs 12 lakh, prompting many taxpayers to adopt ...
The CBDT has clarified that the Principal Purpose Test (PPT) will apply prospectively, ensuring that past investments under tax treaties with Mauritius, Cyprus, and Singapore are not affected. This ...
The Central Board of Direct Taxes (CBDT) has clarified its stance on Principal Purpose Test (PPT) regarding Double Taxation Avoidance Agreement (DTAA), stating that it will be applicable prospectively ...
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