Whatsapp
CBDT Office Memorandum 2025: Risk Management Strategy (RMS) Exemption for Search and Survey Cases – Streamlining Reassessment or Legal Loophole?
Introduction The Central Board of Direct Taxes (CBDT) issued an Office Memorandum on February 27, 2025, fundamentally altering how search and survey case information flows through
Section 133A of the Income Tax Act Post Finance Act 2022: Survey Approval Framework & Legal Challenges
Introduction The Finance Act 2022 introduced significant amendments to Section 133A of the Income Tax Act, 1961, fundamentally altering the landscape of survey operations conducted
Black Money Act Under Review: Government Panel to Revisit Harsh Penalties and Implementation Challenges
Introduction: A Decade-Long Experiment Under Scrutiny A decade after the enactment of one of India’s most stringent anti-evasion laws, the government has initiated a comprehe
Form 10B and 10BB: Audit Report Requirements for Charitable and Educational Institutions Under the Income Tax Act, 1961
A brief overview of the new audit report forms notified by the CBDT for non-profit organizations seeking tax exemptions Introduction The taxation framework for charitable and educa
