Tag: cbdt notification
CBDT amends notification of Special Courts under Income Tax Act and Black Money Act for the State of Tamil Nadu MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)(Investigation Division-V) Notification No. 13/2023 New Delhi, the 14th March, 2023 S.O. 1223(E).—In exercise of the powers conferred by sub-section …
CBDT exempts income of Insolvency and Bankruptcy Board of India u/s 10(46) MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 09/2023 New Delhi, the 1st March, 2023 S.O. 947(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 …
CBDT amends rules and Form No. 10B of audit report of charitable trust/Institution. Income-tax Amendment (3rd Amendment) Rules, 2023 Under Rule 17B of the Income Tax Rules 1962, audit report of the accounts of a charitable trust or institution registered under section 12A is to be filed in …
CBDT notifies Income Tax Return Forms for AY 2023-24 CBDT has issued two notifications for notifying the formats of Income Tax Return and Acknowledgment for the Assessment Year 2023-24 (Financial Year 2022-23) Income Tax Return Notification ITR-7 For persons including companies required to furnish return under sections 139(4A) …
Centralised Processing of Equalisation Levy Statement Scheme, 2023 in respect of processing of the EqualisationLevy Statements MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 03/2023 New Delhi, the 7th February, 2023 INCOME-TAXS O.614(E).—In exercise of the powers conferred by sub-section (2) of section …
CBDT notifies California Public Employees Retirement System Pension Fund PAN: AAATC6038J u/s 10(23FE) for exemption from investment related income CBDT notified the California Public Employees Retirement System Pension Fund PAN: AAATC6038J under section 10(23FE) of the Income Tax Act 1961 in respect of the eligible investment made by …
CBDT notifies modified return of income to be furnished by a successor entity to a business reorganisation u/s 170A. The return shall be in the Form ITR-A and shall be furnished electronically under digital signature. It has been provided that if the assessment or reassessment proceedings for an …
All CJM Courts of the State of Chhattisgarh designated as Special Courts u/s 280A of the Income-tax Act, 1961 and section 84 of the Black Money Act 2015 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)(INVESTIGATION DIVISION-V) Notification No. 102/2022 New Delhi, the 22nd August, 2022 S.O.3930(E).—In …
Rule 17AA Books of account and other documents to be kept and maintained by Charitable Trusts/other Institution – CBDT Notification Section 12A related to eligibility of charitable trusts and/or Institutions has been amended. Clause (b) of sub-section (1) of section 12A by the Finance Act, 2022 had been …
CBDT prescribes conditions/records for Covid-19 related relief to employees u/s 17(2) and in Transfer of Immovable Properties u/s 56(2)(x) Section 56(2)(x) of the Income Tax Act 1961 provides for deemed sale consideration of an immovable property in the hands of the purchaser/buyer. According to the section, the difference …
