Income Tax Rule 10RB – Relief in tax payable u/s 115JB(1) due to operation of sub-section (2D) of section 115JB CBDT vide Notification No. 92/2021 dated 10th August 2021 has notified Income tax (23rd Amendment), Rules, 2021. A new Income tax Rule 10RB has been inserted to provide …
Banks to be penalised for non-availability of Cash in ATMs – RBI directions Monitoring of Availability of Cash in ATMs. RBI introduces Scheme of Penalty for non-replenishment of ATMs RBI has made a review of downtime of ATMs due to cash-outs. It was found that ATM operations affected …
Income tax Amendment (22nd Amendment) Rules 2021. Rule 21AI & 21AJ – Determination and Computation of exempt income of specified fund u/s 10(4D) & 115AD(1A) CBDT has issued Notification No. 90/2021 dated 10th August 2021 to notify Income tax Amendment (22nd Amendment), Rules, 2021 to insert the following …
TDS on payment to advertising agency is covered u/s 194C not 194I. Contract need not always be in writing and could be implied also. ABCAUS Case Law CitationABCAUS 3539 (2021) (08) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A) in confirming …
Relaxation for provisionally registered students BY Direct Entry Route for May 2022 Inter Exam Relaxation for provisionally registered students through Direct Entry Route for appearing in May, 2022 Intermediate Examination. ICAI in order to remove hardship caused to the students due to Covid 19 spread or otherwise, has …
Extension of time for admission in Foundation Course for appearing Dec 2021 Exams Extension of time period for admission in Foundation Course for appearing in Foundation Examination to be held in December, 2021 ICAI, in order to remove hardship caused to the students due to Covid-19 spread or …