Tag: cbdt notification

CBDT notifies NFAC/ RFAC for conduct of Faceless Appeal Proceedings

CBDT notifies National/Regional Faceless Appeal Centres for conduct of Faceless Appeal Proceedings pending/instituted on or after 25.09.2020,   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 80/2020 New Delhi, the 25th September, 2020   INCOME TAX   S.O. 3308(E).-—In exercise of powers conferred by sub-sections …

CBDT further amends jurisdiction of Income tax Authorities

CBDT further amends jurisdiction of Income tax Authorities   MINISTRY OF FINANCE(Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES)   NOTIFICATION   New Delhi, the 25th September, 2020   (Income-tax)   S.O.3303(E).—In exercise of the powers conferred under section 118 and sub-section (1) and (2) of section 120 …

CBDT notifies Faceless Appeal Scheme 2020

CBDT notifies Faceless Appeal Scheme 2020 CBDT has notified Faceless Appeal Scheme, 2020. CBDT has issued Notification No. 76/2020 and 77/2020 to give affect to the Faceless Appeal Scheme, 2020 Faceless Appeal Scheme 2020 The Scheme provides for setting up of : (a) A National Faceless Appeal Centre …

Income of District Mineral Foundation Trust made exempt u/s 10(46)

Income of District Mineral Foundation Trust made exempt u/s 10(46) of Income-tax Act, 1961 for Assessment years 2020-2021 to 2022-2023 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 73/2020 New Delhi, the 10th September, 2020 S.O.3088(E).—In exercise of the powers conferred by clause (46) of …

Income Tax to share information with Scheduled Commercial Banks

Income Tax to share information with Scheduled Commercial Banks MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 71/ 2020 New Delhi, the 31st August, 2020 S.O. 2947(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, …

Corrigendum to restructuring of income tax jurisdictions

Corrigendum to restructuring of income tax jurisdictions in view of Faceless Assessment   MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No.68/2020 CORRIGENDUM   New Delhi, the 27th August, 2020   (Income-tax)   S.O. 2902(E).—In the notification of the Government of India, Ministry of Finance, Department …