Tag: cbdt circular
CBDT issues guidelines and monetary limits of the income-tax authorities for reduction or waiver of interest paid or payable u/s 220(2) Circular No. 15/2024 F. No. 400/08/2024-IT(B)Government of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes******** New Delhi, 4th November, 2024 Subject: Order under section …
CBDT extends condonation of delay in filing return for claiming deduction u/s 80P for AY 2023-24 F. No.173/92/2024·ITA-1Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Circular No 14/2024 New Delhi, the 30th October, 2024 Sub: – Condonation of delay under clause (b) of sub-section (2) …
CBDT extends due date for filing returns for AY 2024-25 from 31.10.2024 to 15.11.2024 F. No. 225/205/2024/ITA-IIGovernment of IndiaMinistry ·of FinanceDepartment of RevenueCentral Board of Direct Taxes***** Circular No.13 /2024 New Delhi, dated 26th October, 2024 Subject: – Extension of due date for furnishing return of income for …
CBDT issues revised guidelines 2024 for compounding of offences under Income-Tax Act 1961 In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, CBDT has issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the ‘Act’) on 17.10.2024. Section 279(2) of …
Due date for filing audit report Form 10B/10BB for AY 2024-25 extended to 10.11.2024 CBDT by order u/s 119 has extended the due date for for filing audit report in Form No. 10B/10BB for AY 2024-25 to 10.11.2024 Sub: Order under section 119 of the Income-tax Act, 1961-reg. Central …
CBDT issues revised guidelines for condonation of delay and to admit an application or claim for refund and carry forward of loss and set off thereof under section 119(2)(b) of the Income Tax Act 1961 Circular No. 11/2024 F. No. 312/63/2023-OTGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of …
Due date extended for filing tax audit and other reports to 07.10.2024 for AY 2024-25. CBDT has extended the due date for filing tax audit and other audit reports extended from 30.09.2024 to 07.10.2024 for AY 2024-25 F. No. 225/205/2024/ITA-llGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of …
CBDT increase monetary limits of tax effect for filing appeals by the Income Tax Department CBDT has further enhanced the monetary limits for filing appeals by the Income Tax Department before Income Tax Appellate Tribunal, High Courts and Special Leave Petition (SLP)/appeals before Supreme Court. Earlier CBDT vide …
CBDT has given relief from high TDS/TCS rates u/s 206AA / 206CC in case of death of deductee/collectee before linkage of PAN and Aadhaar. Non-applicability of higher rate of TDS/TCS as per provisions of section 206AA / 206CC of the Income-tax Act, 1961, in the event of death …
CBDT Guidelines for compulsory selection of return for compulsory scrutiny during FY 2024-25 CBDT Guidelines for compulsory selection of returns for Complete Scrutiny during the financial year 2024-25 – Procedure for selection CBDT has issued Guidelines for compulsory selection of return for complete scrutiny during FY …
