Key Takeaways: Reassessment notices for AY 2015-16 issued after 1-4-2021 quashed as time-barred under TOLA.
Gujarat HC quashed reassessment notices for AY 2015-16 issued after 1-4-2021 as time-barred under amended reassessment law.
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Gujarat HC quashed reassessment notices for AY 2015-16 issued after 1-4-2021 as time-barred under amended reassessment law.
Karnataka HC holds Section 153C valid even if premises searched belong to another person; warrant name determines “searched person.
TDS deducted in March 2026 under sections 194-IA, 194-IB, 194M and 194S must be reported by 30 April 2026 through the applicable challan-cum-statement.
CBDT corrigendum (Notification 64/2026) corrects drafting errors in Income-tax Rules 2026, improving clarity and compliance.
CBDT introduces PAN CR-01 and CR-02 forms from April 2026 to simplify and standardize PAN correction process.
Delhi HC held that lower TDS certificate cannot be denied solely due to outstanding demand without applying Rule 28AA criteria.
Form 15G/15H declarations received during January to March 2026 must be uploaded by 30 April 2026 to ensure timely TDS compliance.
CBDT mandates DIN for all tax communications under Circular 4/2026, enhancing transparency and limiting exceptions.
Form 24G for Government offices reporting March 2026 TDS/TCS paid without challan is due on 30 April 2026. Timely filing is essential for BIN generation.
CBDT clarifies that investments made before 1 April 2017 remain outside GAAR, even if gains arise later.
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