Tag: cbdt circular
GAAR & GST reporting clauses in Tax Audit Report Form-3CD further extended till 31.03.2022 – CBDT Circular Circular No. 05 of 2021 F. No. 370142/9/2018-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesTPL Division**** New Delhi, dated 25th March , 2021 Order under section …
Residential status of certain individuals under Income-tax for FY 2020-21 – CBDT clarification in view of suspension of international flights due to Covid-19 Circular No. 2 of 2021 F. No. 370142/18/2020-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 3rd March, 2021 Residential status …
Fund Managers remuneration provisions u/s 9A(3)(m) relaxed by CBDT for FY 2019-20 and 2020-21 if at arm’s length Circular No. 1 of 2021 F. No. /370142/2/2021-TPL,Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(Tax Policy and Legislation Division)****** New De1hi, 15th January, 2021 Amount of remuneration …
CBDT issues 34 new FAQs on Vivad se Vishwas Act. Read Circular no. 21 of 2020 CBDT 34 new FAQs on Vivad se Vishwas The Direct Tax Vivad se Vishwas Act, 2020 (Vivad se Vishwas Scheme) was enacted on 17th March, 2020. The provisions of Vivad se Vishwas …
CBDT Circular on deduction of Tax ( TDS ) on Salaries u/s 192 of the Income Tax Act, 1961 during FY 2020-21 CBDT has issued circular no. 20/2020 specifying guidelines for TDS on Salaries for the Financial Year 2019-20. CBDT Circular – TDS on Salaries during FY 2020-21 …
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10BB for Assessment Year 2016-17 and subsequent years Circular No. 19/2020 F. No.197/135/2020-ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the …
Vivad se Vishwas – Clarification on payment without additional amount where declaration is filed on or before 31.12.2020. The condition of 15-day for payment of tax after getting certificate scrapped. F. No. IT(A)/1I2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct …
CBDT Guidelines on applicability of TDS u/s 194-O(4) and TCS u/s 206C 1-H from 01.10.2020 F. No.370133/22/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) **** Circular No. 17 of 2020 Dated: 29th September, 2020 Sub.: Guidelines under …
CBDT asks banks to refund charges collected on or after 01.01.2020 on transactions done using electronic modes prescribed u/s 269SU F.No.370142/35/2019-TPL-PtGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Circular No. 16/2020 Dated: 30th August, 2020 Subject: Imposition of charge on the prescribed electronic modes under section 269SU of the Income-tax …
Mutual Agreement Procedure (MAP) Guidance notes released by CBDT Mutual Agreement Procedure (MAP) The Double Taxation Avoidance Agreements (DTAAs or Tax Treaties) provide rules and mechanisms for allocation of taxing rights amongst the treaty partners; avoidance of economic and juridical double taxation; and resolution of taxation not in …
