Tag: cbdt circular
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 …
CBDT Guidelines under clause (10D) section 10 of the Income-tax Act, 1961. Exemption to ULIP receipts Clause (10D) of section 10 of the Income-tax Act, 1961 provides for income-tax exemption on the sum received under a life insurance policy, including any sum allocated by way of bonus on …
CBDT vide Circular dated 11.01.2022 further extends due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 CBDT Circular 01/2022 dated 11.01.2022 further extends due dates for filing of Income Tax Returns and various reports of audit for the …
One-time relaxation for pending verification of all income tax-returns ITRs e-filed for Assessment Year 2020-21 Circular No. 21/2021 F.No. 225/140/2021/ITA-11Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, dated 28th December,2021 Subject: One-time relaxation for verification of all income tax-returns e-filed for the Assessment …
CBDT Guidelines under sub-section (4) of section 194-O, sub-section (3) of section 194Q and sub-section (1H) of section 206C of Income-tax Act, 1961 Finance Act, 2020 inserted a new section 194-O in the Income-tax Act 1961 (hereinafter referred to as ” the Act”) which mandates that with effect …
CBDT guidelines on eligibility of exemption under clause (23FE) of section 10 of the Income-tax Act, 1961 Central Board of Direct Taxes CBDT has issued Circular No. 19 of 2021 dated 26th October, 2021 giving guidelines under clause (23FE) of section 10 of the Income-tax Act, …
CBDT further extends due date for e-filing of various income tax forms Extension of time lines for electronic filing of various Forms under the Income-tax Act,1961 On consideration of difficulties reported in new e-filing portal by the taxpayers and other stakeholders in electronic filing of certain Income …
