Circulars

CBDT has released a circular explaining the amendment of the Income Tax Act, 1961 which was made through the Finance Act 2023.

CBDT issued Circular Explaining Amendments made in Income Tax Act through Finance Act 2023

News

CBI has charged the Ex-Deputy Chief Engineer, six other officers of NFR of Guwahati and a private company in a bribery case.

CBI registers case against Ex-Deputy Chief Engineer of Railway and 6 Others in Bribery Case

IT Department stated that donations made to Ram Mandir's Trust in Ayodhya are eligible for deduction under Section 80G (2) (b) of the Income-tax Act of 1961.

Donations made to Ram Mandir now eligible for Income Tax Deduction

The  fake Mysore Sandal Soap production facility recently raided in Hyderabad, which had been operating for ten years without the coming notice of  KSDL.

Fake Mysore Sandal Soap unit busted by KSDL officials

Fake Mysore Sandal Soap unit Busted by KSDL officials

The Goods and Services Tax Network has issued an Advisory for furnishing Bank Account details by Registered Taxpayers under Rule 10A of CGST Rules 2017.

GSTN issued Advisory for furnishing Bank Account details by Registered Taxpayers under Rule 10A of CGST Rules 2017

Notifications

CBIC has imposed AIDC on entries falling under 7112, 7113 and 7118 i.e. Spent Catalyst or Ash Containing Precious Metals, Gold or Silver Findings and Coins of precious metals via issuing Notification.

CBIC imposes AIDC on entities like Precious Metals, Gold and Silver

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