Tag: cbdt circular
CBDT extends eligible period of investment under section 10(23FE) in view of the provisions of the Finance Act 2025 CBDT vide Circular No. 9/2022 dated 09.05.2022 prescribed guidelines under clause (23FE) of section 10 of the Income-tax Act, 1961 (the Act). The section 10(23FE) provides exemption to wholly …
Relaxation of time for processing of e filed ITR filed upto 31.03.2024 erroneously invalidated by CPC. CBDT has issued Circular No. 10/2025 dated 28.07.2025 giving relaxation of time limit for processing of returns of income filed electronically upto 31.03.2024 which have been erroneously invalidated by CPC F. No.225/30/2025/ITA-IIGovernment …
CBDT gives more relief in TDS Defaults due to PAN AADHAAR non linkage cases Partial Modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per Rule 114AAA of the Income-tax Rules, 1962 Central Board of Direct Taxes vide Circular No. 03 …
CBDT further clarifies circular on waiver of interest on account of failure to collect or pay the collected tax to the credit of the Central Government by the collector. F. No. 275/92/2024-IT (B)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Circular No. 8/2025 Subject: Clarification …
CBDT relaxes time limit for processing u/s 143(1) of returns filed after condonation of delay u/s 119(2)(b) Relaxation of time limit for processing under section 143(1) of valid returns of income filed electronically pursuant to order u/s 119(2)(b) passed by Competent Authority CBDT has issued Circular No. 07/2025 …
CBDT extends the due date of filing of ITRs for AY 2025-26 from 31.07.2025 to 15.09.2025 CBDT extends the due date of filing of ITRs for AY 2025-26 to 15.09.2025 for the class of assessees for which the due date for filing return of income was 31st July …
CBDT waives interest for late deposit of TDS/TCS due to technical glitches where payment was debited from bank account on or before due date. CBDT has passed order under section 119 of the Income-tax Act, 1961 for waiver on levy of interest for late deposit of TDS/TCS under …
CBDT issues FAQs relating to Revised Guidelines for Compounding of Offences under Income-Tax Act, 1961 CBDT has issued Circular on Frequently Asked Questions (FAQs) relating to Revised Guidelines for Compounding of Offences under Income-Tax Act, 1961 The revised Guidelines for Compounding of Offences under the Income-Tax Act, 1961 …
CBDT issues clarification on Circular No. 01/2025 On Application of PPT under India’s DTAAs CBDT has issued Circular No. 01/2025 dated 21.01.2025 as a guidance to provide clarity and certainty on the application of the Principal Purpose Test (PPT) provision under India’s Double Taxation Avoidance Agreements (DTAAs). It …
CBDT issues Circular on deduction of Tax TDS on Salaries u/s 192 of the Income Tax Act, 1961 during FY 2024-25 CBDT has issued Circular No. 03/2025 dated 20th February 2025 specifying guidelines for TDS on Salaries for the Financial Year 2024-25. CBDT Circular – TDS on Salaries …
