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  …

IRN to be obtained for Tax Invoices by uploading FORM GST INV-01 from 1st to 31st October MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 73/2020-Central Tax New Delhi, the 1st October, 2020 G.S.R.. 613(E).—In exercise of the powers conferred by section 148 …

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 …

Various time limits notified/extended for Compliances under Excise, Custom & Service Tax MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) NOTIFICATION New Delhi, the 30th September, 2020 G.S.R. 601(E).— In exercise of the powers conferred by section 6 of The Taxation and Other Laws (Relaxation and amendment …

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, …