Natural justice in insolvency-professional discipline requires disclosed material; notices based on extraneous material and ignored defences are vitia...
Development rights transfers treated as immovable property, while construction abatement applies and repeated non-payment permits extended service-tax...
Income Disclosure Scheme immunity and search-material requirements barred further share-transaction additions in unabated assessments under section 15...
CBDT issued Income-tax (Sixteenth Amendment) Rules, 2025, amending Form ITR-6 in Income-tax Rules, 1962. The amendment takes effect from 1st April, 2025, with retrospective application. The notification, issued under sections 139 and 295 of Income-tax Act, 1961, introduces modifications to tax reporting requirements. An explanatory memorandum confirms no adverse impact on taxpayers. The amendment aims to streamline income tax documentation and reporting procedures for specified entities.
CBDT issued Income-tax (Sixteenth Amendment) Rules, 2025, amending Form ITR-6 in Income-tax Rules, 1962. The amendment takes effect from 1st April, 2025, with retrospective application. The notification, issued under sections 139 and 295 of Income-tax Act, 1961, introduces modifications to tax reporting requirements. An explanatory memorandum confirms no adverse impact on taxpayers. The amendment aims to streamline income tax documentation and reporting procedures for specified entities.
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