Category: Income Tax
The Government of the Republic of India and the Government of the Islamic Republic of Iran entered into Agreement for Avoidance of Double Taxation and the Prevention of Fiscal Evasion The existing taxes to which the Agreement shall apply are in particular: (a) in the case of the …
Chairman/Vice-Chairman of Settlement Commission entitled to claim compensation not exceeding three months’ pay and allowances for the premature termination of term of office MINISTRY OF FINANCE(Department of Revenue) NOTIFICATION New Delhi, the 31st March, 2021 G.S.R. 245 (E).—In exercise of the powers conferred by the proviso to article …
Tax Audit Report can be revised by CA for recalculation of disallowance u/s 40 or 43B on payments made after furnishing of report in Form 3CD MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 28 /2021 New Delhi, the 1st April, 2021 (INCOME-TAX) G.S.R. 246(E).––In …
Director Income Tax CPC and CIT Exemption Bengaluru authorised for receiving & processing of application of charitable trusts for provisional registration and allotment of URN MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 30/2021 New Delhi, the 1st April, 2021 INCOME –TAX S.O. 1443(E).—In exercise …
CBDT notifies Income Tax Returns (ITRS) for AY 2021-22. ITR-1 SAHAJ not for individuals who is either Director in a company or has invested in unlisted equity shares or where TDS deducted u/s 194N or if income–tax is deferred on ESOP MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF …
CBDT extends time limit for passing order u/s 144C or issuance of notice u/s 148, sending intimation u/s 168(1) linking of PAN to aadhar MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 20/2021 New Delhi, the 31st March, 2021 S.O.1432(E).—In exercise of the …
CBDT has made massive changes in the jurisdiction / authority of Income Tax Officers under Faceless Scheme (i) Vide Notification No. 23/2021 dated 31.03.2021amendments have been made in the jurisdiction of 4195 number of Income-tax Authorities of Regional Faceless Assessment Centres (the ReFACs). (ii) Vide Notification No. …
The Faceless Appeal (Amendment) Scheme, 2021, National e-Assessment Centre to be called National Faceless Assessment Centre MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 26/2021 New Delhi, the 31st March, 2021 S.O.1438(E).—In exercise of the powers conferred by sub-section (6B) of section 250 of the …
CBDT further extends the last date for linking of Aadhaar number with PAN from 31st March, 2021 to 30th June, 2021, in view of the difficulties arising out of the COVID-19 pandemic. CBDT extends PAN Aadhar number linking deadline to 30.06.2021 from 31.03.2021 The earlier notification was as …
Not passing separate order u/s 161 but adding income of non-resident in hands of assessee as representative assessee bad in law. ABCAUS Case Law CitationABCAUS 3476 (2021) (03) ITAT Important case law relied referred:CIT vs Dr Laxmichand Narpal Nagda (1995) 211 ITR 804 (Bom)Smt Shashi Varma vs CIT …
