Tag: cbdt circular
CBDT issues Additional Guidelines on applicability of TDS under section 194R – CBDT Circular Additional Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961. CBDT has issued Circular No 18 of 2022 dated 13th September, 2022 Finance …
Reduction of time limit for verification of ITR-V Acknowledgement from 120 days to 30 days CBDT has reduced the time limit for verification of ITR-V Acknowledgement from 120 days to 30 days of transmitting/filing of ITR electronically. Notification No. 05 of 2022 dated 29th July 2022 …
CBDT has issued four circulars issuing Order under section 119 of the Income-tax Act, 1961 for condonation of various Income Tax Forms Circular No. 17/2022 : Condonation of delay under Section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 9A and Form No. 10 for Assessment …
CBDT issues Guidelines / FAQs on TDS u/s 194S on transfer of a virtual digital asset (VDA) applicable from 1st July 2022 Circular No. 13 of 2022 F. No. 370142/29/2022-TPL (Part-I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) …
CBDT guidelines / FAQs on TDS u/s 194R for providing any benefit or perquisite to a resident CBDT has issued Circular No. 12/2022 detailing guidelines / FAQs on applicability of TDS u/s 194R for providing any benefit or perquisite to a resident w.e.f 01.07.2022 Finance Act 2022 inserted …
CBDT Clarification regarding Form No 10AC issued till 03.06.2022 for provisional registration/Approval u/s 12AB or 10(23C) CBDT Clarification regarding Form No 10AC issued till 03.06.2022 The Finance Act, 2022 has inserted sub-section (4) in section 12AB of the Income-tax Act, 1961 (the Act) allowing the Principal Commissioner or …
CBDT issues new guidelines for functionality of higher TDS/TCS for non filer of Return of Income (ITRs) u/s 206Ab / 206CCA – CBDT Circular Circular No. 10 of 2022 F. No. 370133/3/2022-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes …
Guidelines under clause (23FE) of section 10 of the Income-tax Act, 1961 – CBDT Circular The Finance Act, 2020, inter-alia, inserted clause (23FE) in section 10 of the Income-tax Act, 1961 to provide for exemption to wholly owned subsidiaries of Abu Dhabi Investment Authority (ADIA), sovereign wealth funds …
CBDT extends time line for electronic filing of Form NO.10AB for registration/approval u/s 10(23C) 12A or 80G of Income tax Act 1961 F. No. 197/59/2022·ITA I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Circular No. 8 /2022 New Delhi, …
CBDT issues Clarification regarding the Most-Favoured-Nation (MFN) clause in the Protocol to India’s DTAAs with certain countries F.No.S03/1/2021-FT&TR-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (FT&TR-I) Circular No. 3/2022 New Delhi, 3rd February, 2022 Subject: Clarification regarding the Most-Favoured-Nation …
