The landscape of income computation in India has been shaped by multiple legislative changes, judicial interpretations, and clarifications by the government. Among the significant developments […]
CBDT
CBDT Responds to SC in Abhisar Buildwell: A Critical Perspective
This instruction was issued to standardize the implementation process of the Supreme Court’s decision, especially in cases involving completed or unabated assessments under sections 153A […]
Income Tax Return Forms FY 2024-25: Complete Guide for AY 2025-26
The Central Board of Direct Taxes (CBDT) has amended Rule 12 of the Income-tax Rules, 1962, which defines the criteria for the applicability of different […]
CBDT Grants More Time for Processing Delayed ITRs Filed with Condonation Requests
The Central Board of Direct Taxes (CBDT) plays a critical role in issuing timely clarifications and providing relief to taxpayers where procedural or systemic issues […]