Category: Income Tax

Guidelines-Income Tax compulsory selection of returns for Complete Scrutiny during FY 2020-21

Guidelines-Income Tax compulsory selection of returns for Complete Scrutiny during Financial Year 2020-21 & conduct of assessment proceedings F.No.225/126/2020/ITA-IIGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 17th September, 2020 ToAll Pr.  Chief-Commissioners of Income-tax/Chief-Commissioners of Income-Tax …

Income of District Mineral Foundation Trust made exempt u/s 10(46)

Income of District Mineral Foundation Trust made exempt u/s 10(46) of Income-tax Act, 1961 for Assessment years 2020-2021 to 2022-2023 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 73/2020 New Delhi, the 10th September, 2020 S.O.3088(E).—In exercise of the powers conferred by clause (46) of …