Tag: cbdt circular
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 …
Extension of due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024 CBDT has further extended due date for filing of Form No. 10A/10AB under Income-tax Act, 1961 to 30.06.2024 Earlier also the CBDT on consideration of difficulties reported by the taxpayers and other …
TDS/TCS deductors given relief for non deduction of TDS at higher rate for inoperative PANs CBDT has issued Circular No. 6 of 2024 dated 23.04.2024 giving relief to TDS/TCS deductors for non deduction of TDS u/s 206AA / 206CC at higher rate for inoperative PANs. As per CBDT …
CBDT has issued Guidelines for priority/out of turn disposal of appeals by CIT(A) Assessment Units and Additional Joint CIT(Appeals) CBDT to ensure priority/out of turn disposal of pending appeals at the level of CIT(A/AU) and Addl./Jt.CIT(Appeals), has decided that requests for such disposal of appeals, covering genuine and …
Extension of due date for filing Form No. 26QE for F.Y. 2022-23 CBDT extends date for filing Form No. 26QE for FY 2022-23 which was required to be filed during the period 01.07.2022 to 28.02.2023. As per section 194S of the Income-tax Act, 1961, any person responsible for …
Eligible donations by trust/institution to another trust/institution are application for charitable or religious purposes only to the extent of 85% of such donations – CBDT Income of any fund or institution or trust or any university or other educational institution or any hospital or other medical institution referred …
CBDT extends time for filing audit report in Form 10B of 10BB for AY 2023-24 to 31.03.2024 Extension of time limit /due date for filing audit report in Form 10B of 10BB by trusts and institutions for AY 2023-24 to 31.03.2024 was necessitated by trusts / institutions filing …