Tag: cbdt circular

CBDT revises 55 Frequently Asked Questions (FAQs) on Vivad se Vishwas Scheme. CBDT revises 55 FAQs on Vivad se Vishwas Scheme During the Union Budget, 2020 presentation, the ‘Vivad se Yishwas‘ Scheme was announced to provide for dispute resolution in respect of pending income tax litigation. Pursuant to …

CBDT Clarification on short deduction of TDS/TCS due to increase in rates of surcharge by Finance No.2 Act, 2019. when assessee not to be treated in default Circular No. 8/2020 F. No. 370133/5/2020-TPLGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes(TPL Division)***** Room No. …

Clarification in respect of option u/s 115BAC regarding TDS. Employee to intimate employer his intention for each previous year. CBDT Circular C1 of 2020 Circular C1 of 2020 F. No. 370142/13/2020-TPLGovernment of IndiaMinistry of Finance Department of RevenueCentral Board of Direct Taxes***** New Delhi, April 13, 2020 Clarification …

Clarifications / FAQ on Direct Tax Vivad se Vishwas Bill 2020. CBDT has issued 55 FAQs on the provisions of the Vivad se Vishwas Bill 2020 Circular No. 7/2020   F. No. IT(A)11/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** …

Condonation of delay by CIT(Exemptions) u/s 119(2)(b) for filing Form 9A 10 where ITRs have also been filed beyond due date Circular No. 6/2020 F.No.197/55/20 18-ITA-IGovernment of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes***** New  Delhi, the  19th February,  2020 Sub: Condonation of delay …

CBDT Circular on deduction of Tax (TDS) on Salaries u/s 192 of the Income Tax Act, 1961 during FY 2019-20.  CBDT has issued circular no. 4/2020 specifying guidelines for TDS on Salaries for the Financial Year 2019-20. CBDT Circular – TDS on Salaries during FY 2019-20.  The Circular …

Condonation of delay u/s 119(2)(b) in filing of Form No. 10B for AY 2018-19 & subsequent years Circular No. 2/2020-Income Tax F.No.197/55/2018-ITA-IGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes***** New Delhi, the 3rd January, 2020 Sub: Condonation of delay under section 119(2)(b) of the Income-tax …

CBDT relaxes timeline for Compounding of Offences to 31.01.2020. Read Circular Circular No. 1/2020-Income Tax F.No.285/08/2014-IT(Inv. V)/639Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes) Room No. 513, 5th Floor, C-Block,Dr. Shyama Prasad Mukherjee Civic Centre,Minto Road, New Delhi -110002.Dated: 03.01.2020 Subject: Relaxation of time-Compounding of Offences …

Condonation of delay in filing Form No. 9A & Form 10 for AY 2018-19 and subsequent years. CIT authorised admit belated applications for delay upto 365 days  Circular No. 3/2020 New Delhi, the 3rd January, 2020 Sub: Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 …

Extension of due date of payment of TDS u/s 194M and issue of Certificate in Form 16D for Sep-Oct 2019 F. No. 370142/18/2019-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueTax Policy DivisionCentral Board of Direct Taxes***** Circular no. 31/2019 147B-II, North Block, New DelhiDated 19’h December, 2019 Subject: Order …