Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
CBDT extends Income Tax Returns (ITRs) filing deadline for AY 2025-26 from 31st July 2025 to 15th September 2025. The extension addresses system readiness challenges arising from substantial structural and content revisions in notified ITRs. Considering complexities in utility development, integration, and testing, and the limited effective filing window due to TDS statement credits, the extension aims to facilitate smoother taxpayer compliance. The decision seeks to enhance reporting transparency and provide stakeholders adequate time for accurate return preparation, mitigating potential implementation challenges while maintaining the integrity of the tax filing process.
CBDT extends Income Tax Returns (ITRs) filing deadline for AY 2025-26 from 31st July 2025 to 15th September 2025. The extension addresses system readiness challenges arising from substantial structural and content revisions in notified ITRs. Considering complexities in utility development, integration, and testing, and the limited effective filing window due to TDS statement credits, the extension aims to facilitate smoother taxpayer compliance. The decision seeks to enhance reporting transparency and provide stakeholders adequate time for accurate return preparation, mitigating potential implementation challenges while maintaining the integrity of the tax filing process.
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