Category: Income Tax
CBDT amends Depreciation rules and reporting for domestic companies/individuals etc. under new tax regime CBDT has issued Notification No. 82/2020 publishing Income-tax (22nd Amendment) Rules, 2020. Several amendments have been made to various Rules and Forms of the Income Tax Rules, 1962 namely; (i) Rule 5 related to …
Reopening notice u/s 148 quashed as it did not mention source of information or reference to person giving information ABCAUS Case Law CitationABCAUS 3398 (2020) (10) ITAT Important case law relied upon by the parties:Meenakshi Overseas Private LimitedSignature Hotels Pvt. Limited vs ITO Reopening Notice u/s 148 quashed …
Transfers/Postings in the grade of Income Tax Officers (ITOs) in UP (East) Region by Pr. CCIT Lucknow Consequent upon diversion of posts for implementation of the Faceless Assessment Scheme, the Office of the Pr. Chief Commissioner of Income Tax , U.P. (East), Lucknow has made 185 transfers and …
Transfers/Additional Charge of DCIT/ACIT in UP (East) Region, Pr. CCIT Lucknow Office of the Pr. Chief Commissioner of Income Tax , U.P. (East), Lucknow has made 25 transfers and postings in the cadre of Deputy/Assistant Commissioner of Income tax. Officers transferred stationed at Lucknow, Varanasi, Nainital, Bareilly, Najibabad, …
Extension of due date for furnishing belated and revised returns for AY 2019-20 to 30th November, 2020 F. No. 225/150/2020-ITA-IIGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes***** North Block ITA-II DivisionNew Delhi, the 30th September, 2020 Order under Section 119(2)(a) of the Income-tax …
Information of GST return to be part of Annual Information Statement in Form 26AS F.No.225/155/2020/ITA.IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes**** New Delhi, the 29th September, 2020 Order In exercise of powers conferred under section 119 of the Income-tax Act,1961 read with sub-rule (2) …
CBDT Guidelines on applicability of TDS u/s 194-O(4) and TCS u/s 206C 1-H from 01.10.2020 F. No.370133/22/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) **** Circular No. 17 of 2020 Dated: 29th September, 2020 Sub.: Guidelines under …
CBDT notifies National/Regional Faceless Appeal Centres for conduct of Faceless Appeal Proceedings pending/instituted on or after 25.09.2020, MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 80/2020 New Delhi, the 25th September, 2020 INCOME TAX S.O. 3308(E).-—In exercise of powers conferred by sub-sections …
CBDT authorises National e-Assessment Centre to issue notices u/s 143(2) for returns furnished u/s 139 or in response to a notice u/s 142(1) MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 79/2020 New Delhi, the 25th September, 2020 (INCOME-TAX) S.O.3304(E).—In exercise of powers conferred under …
CBDT further amends jurisdiction of Income tax Authorities MINISTRY OF FINANCE(Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th September, 2020 (Income-tax) S.O.3303(E).—In exercise of the powers conferred under section 118 and sub-section (1) and (2) of section 120 …
