Tax Officials Unleash Digital Dragnet: How New Raid Powers Redefine Privacy, Property Rights in India and likely to Fuel Corruption
Income Tax Bill, 2025, set to come into effect on April 1, 2026, expands the scope of search and seizure to include digital spaces. However, these enhanced powers have raised significant privacy concerns and fears of potential misuse by taxation authorities.... Read More
CBDT
Relaxation of Prosecution Norms by CBDT for Defaults in Filing IT Returns and Delays in TDS
2 min read
The legal outcome for any lag in depositing TDS, or non-filing of returns of income tax, or under-reporting of income, has been relaxed by the... Read More
Guidelines Issued by CBDT For the Manual Selection Of Returns For Complete Scrutiny during the FY 2019-20
The parameters based on which the manual selection of returns for the complete scrutiny in the FY 2019-20 are as mentioned below: (i) Cases that... Read More
Tax Evaders can escape by paying penalty? New CBDT Norms state otherwise!
The Department of Income Tax has come up with revised guidelines according to which serious offenses committed under the benami and black money laws are... Read More
FAQs about IRS Tax Regulations on Online Entrepreneurs
Does Tax-free Work Online? If you are an entrepreneur having an online presence instead of a physical location can save you a pretty penny when... Read More
Form 10A and Rule 17A May See an Amendment in Future: CBDT Issues Draft Notification
Central Board of Direct Taxes has issued a statement that the present Finance Act, 2017, will be incorporated with a fresh clause (ab) in sub-section... Read More
CBDT’s Proposal to Estimate the Expected Income In Future and Its Impact on India Inc
The CBDT (Central Board of Direct Taxes) has put forward a plan in front of the companies in India to provide it an advance estimation... Read More
Life Not Easy for TaxPayers, – Tax Terrorism must go
In today’s times in our country, small taxpayers are highly burdened by the compliance and it is high time that they are eased. A taxpayer... Read More
Notification clarifying ‘genuine’ transactions for nil capital gains when no STT is paid
CBDT or Central Board of Direct Taxes recently released a notification that the transactions which under the Section 10(38) of the Income Tax Act of... Read More
Around 300 IT Commissioners Transferred Across the Country in a Major Reshuffle
To fine tune the working of the Income Tax Dept, this step was taken. The list of all the transfers made is personally investigated thoroughly... Read More
ITAT Amritsar: No Section 269SS Violation for One-Time Cash Payment Before Sub-Registrar 
Income Tax Department Rewards for Reporting Tax Evasion: A Comprehensive Guide 
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged?