Judgement

The Income Tax Appellate Tribunal (ITAT), Delhi, has recently upheld the decision of CIT(A), saying that the applicable rate under section 115BAA of the Income Tax Act is 22% on the LTCG.

ITAT Upholds Tax Rate of 22% Under Section 115BAA for AY 2021-22

Circulars

CBDT extends ITR and audit filing deadlines for AY 2025-26 to December 10 and November 10, 2025, through Circular No. 15/2025.

CBDT Extends Due Dates for Tax Audit Reports and ITR Filing for AY 2025-26

Articles

CBDT has extended due dates for filing Income Tax Returns and audit reports for AY 2025-26, granting taxpayers additional time until December 10, 2025.

Tax Filing Relief: CBDT Extends ITR and Audit Report Deadlines for AY 2025-26

The ITAT, has recently deleted the disallowance made by the assessing officer, holding that the reinvestment payment was made within the deadline of 2 years under section 54F.

Payment Within 2 Years Enough for Section 54F Deduction, Signing Date of Agreement Not Important: ITAT

RBI sets premature redemption price of Rs. 11,992 per gram for SGB 2019-20 Series VI, redeemable from October 30, 2025.

RBI Announces Premature Redemption Price for SGB 2019-20 Series VI

Govt. has initiated 8th Central Pay Commission to revise salaries and pensions for millions of employees and retirees, with new pay scales likely from January 2026.

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ITAT Upholds Tax Rate of 22% Under Section 115BAA for AY 2021-22

CBDT Extends Due Dates for Tax Audit Reports and ITR Filing for AY 2025-26

Tax Filing Relief: CBDT Extends ITR and Audit Report Deadlines for AY 2025-26

Payment Within 2 Years Enough for Section 54F Deduction, Signing Date of Agreement Not Important: ITAT

RBI Announces Premature Redemption Price for SGB 2019-20 Series VI

Government Launches 8th Central Pay Commission: Salary, Pension Revisions Likely from January 2026