#cbdt

Allahabad High Court: 18-Month Limit for Settlement Orders Is Mandatory and Cannot Restart on Transfer Between Interim Boards The Allahabad High Court held that the 18-month period under Section 245D(4A) for passing a settlement order is mandatory and cannot restart upon transfer of a pending application from one Interim Board to another. The Court consequently quashed the time-barred settlement and rectification orders in B.L. Agro Industries’ case.... https://gstindiaguide.com/allahabad-hc-income-tax-settlement-18-month-limitation-bl-agro/

Delhi HC: Judges’ Statutory Allowances Prima Facie Remain Outside Salary Income Under New Tax Regime The Delhi High Court has prima facie held that specified allowances available to High Court and Supreme Court Judges under Sections 22D and 23D remain outside salary income despite Section 115BAC. Pending final adjudication, the Court has also issued interim directions regarding disclosure of such allowances in income-tax returns.... https://gstindiaguide.com/delhi-hc-judges-allowances-section-115bac-cbdt-tax-regime/

NFAC Must Provide Virtual Hearing as a Matter of Right: Delhi High Court The Delhi High Court has ruled that written submissions cannot replace an oral or virtual hearing in NFAC appellate proceedings. It set aside the appellate and consequential penalty orders and directed that video conferencing be provided as a matter of right when requested by an assessee or authorised representative.... https://gstindiaguide.com/high-vista-buildcon-nfac-virtual-hearing-delhi-high-court/

ITR Last Date 2026: Due Dates and Extension Status

Balshiram Dattatray Thorat v. ITO – ITAT Upholds New Tax Regime Benefit Despite Clerical Error The Pune Bench of the Income Tax Appellate Tribunal (ITAT) has delivered an important ruling in…... https://gstindiaguide.com/balshiram-dattatray-thorat-v-ito-section-115bac-itat-pune/