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CBDT issued Circular no. 5/2024 dated 15.03.2024 under section 268A of the Income-tax Act, 1961 for filing of appeals by the Department before Income Tax Appellate Tribunal, High Courts and SLPs/appeals before Supreme Court-measures for reducing litigation.
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The Central Board of Direct Taxes (CBDT) issued a guidelines F. No.225/72/2024/ITA-II dated 03.05.2024 regarding guidelines for compulsory selection of returns for complete scrutiny during FY 2024-25 – procedure for compulsory selection in such cases.
Post Views: 537 Directorate of Income Tax (Systems) issued e-verification Instruction no. 2(i) of 2024 dated 19.03.2024 to the AO’s…
Central Board of Direct Taxes issued Order u/s 119 of the Income tax Act, 1961 to further allow the trusts / institutions/ funds who have mistakenly filed Form No. 10B instead of Form No. 10BB and vice-versa, to furnish such audit report in the applicable Form No. 10B / 10BB on or before 10.11.2024.