The Income Tax Rules, 2026, which are expected to be officially notified in the first week of March, will come into force from 1 April 2026. Officials from the Central Board of Direct T...

NEW DELHI (Jan 4): CBDT Chairman has directed the Income Tax Department to remain fully prepared and proactive ahead of the implementation of the new direct tax law scheduled to come into effect from ...

The Central Board of Direct Taxes (CBDT), has issued Circular No. ­­­07/2024 dated 25.04.2024 further extending the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 (...

subscribe
user

manish parekh

21-Oct-2015 , 12:22:02 pm

Firstly with implementation of on-line returns & on-line refunds, the lower level harassment ( read corruption) was minimised. Now with this step of e-assessments, the next level’s harassment will be reduced (hopefully!) Although the officers are not following the CBDT circular no. 7/2014 dated 26.09.2014 wherein CBDT had instructed officers to restrict the scrutiny to AIR/CIB information for CA

Loading next article...