Tag: cbdt notification
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 …
Reduction of time limit for verification of ITR-V Acknowledgement from 120 days to 30 days CBDT has reduced the time limit for verification of ITR-V Acknowledgement from 120 days to 30 days of transmitting/filing of ITR electronically. Notification No. 05 of 2022 dated 29th July 2022 …
Application under section 158AB to defer filing of appeal before the Appellate Tribunal or the jurisdictional High Court MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 83/2022 New Delhi, the 12th July, 2022 INCOME-TAX G.S.R. 537(E).—In exercise of the powers conferred by sub-section (2) …
Income of Bihar Electricity Regulatory Commission PAN AAALB1099E notified exempt u/s 10(46). MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 81/2022 New Delhi, the 8th July, 2022 S.O. 3142(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 …
Conditions to be fulfilled by original fund u/s 47(viiad) if resultant fund is Category III Alternative Investment Fund MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 80/2022 New Delhi, the 8th July, 2022 G.S.R.524(E).—In exercise of the powers conferred by sub-clause (iv) of clause (a) …
CBDT specifies non-fungible token which shall not be considered as virtual digital asset MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 75/2022 New Delhi, the 30th June, 2022 (Income-tax) S.O.2959(E).––In exercise of the powers conferred by clause (a) of Explanation to clause (47A) of section …
CBDT notifies virtual digital assets excluded from the definition of virtual digital asset MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 74/2022 New Delhi, the 30th June, 2022 (Income-tax) S.O.2958(E).––In exercise of the powers conferred by proviso to clause (47A) of section 2 of the …
