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  WEEKLY TAX UPDATES  

Dear Reader,
Greetings for the day!!!
We are pleased to share the recent Tax notification and circulars.

Direct Tax
S.no Description
1
CBDT has notified the jurisdiction of specified CIT(A)s along with their headquarters to adjudicate appeals arising from search, requisition and survey cases, including connected penalty matters, u/s 246A and 248 of the Act, with effect from the date of publication in the Official Gazette.
 
Notification No. 170/2025 Dtd. 15.12.2025
2
CBDT provides recognition to “New Okhla Industrial Development Authority’ (PAN- AAALN0120A)”, for tax exemption u/s 10(46) of the Income tax Act.
 
Notification No. 171/2025 Dtd. 15.12.2025
3
CBDT provides recognition to “Punjab Urban Planning And Development Authority” (PAN- AAALP0045J)”, for tax exemption u/s 10(46A)(b) of the Income tax Act.
 
Notification No. 172/2025 Dtd. 15.12.2025
 
We trust you will find this Journal informative as well as useful.
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Disclaimer: This insight is meant for informational purposes only and should not be considered as advice or opinion.

Best Regards!
Knowledge Updates Team
AKGVG & Associates (Chartered Accountants)

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