Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The Central Government has specified the Additional Chief Secretary (IT), Department of Information & Technology, Government of NCT Delhi as an authorized officer under s.138(1)(a)(ii) of the Income-tax Act, 1961. This designation permits the sharing of income tax payer information specifically for identifying eligible beneficiaries under Delhi government's social welfare schemes. The notification (No. 20/2025) was issued on March 18, 2025, by the CBDT pursuant to its authority under the IT Act to allow disclosure of otherwise confidential taxpayer information to specified authorities for limited purposes.
The Central Government has specified the Additional Chief Secretary (IT), Department of Information & Technology, Government of NCT Delhi as an authorized officer under s.138(1)(a)(ii) of the Income-tax Act, 1961. This designation permits the sharing of income tax payer information specifically for identifying eligible beneficiaries under Delhi government's social welfare schemes. The notification (No. 20/2025) was issued on March 18, 2025, by the CBDT pursuant to its authority under the IT Act to allow disclosure of otherwise confidential taxpayer information to specified authorities for limited purposes.
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