Application for Advance Income Tax Ruling to be digitally signed. Amendment to Rule 44E
CBDT has notified Income-tax (Twelfth Amendment) Rules, 2022 to modify Rule 44E for making application for advance ruling.
Under the amended Rule 44E, the application has to be in quadruplicate. The amendment further provides for digital signing of the application by various categories of the applicants, i.e. individual, HUF, firm, companies etc.
Further Form No. 34C to Form No. 34EA have also been replaced.
ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In…
PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical…
Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake…
When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…
Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…
CBIC prescribes procedures for return of export cargo from international waters due to closure of the Strait of Hormuz where…