Tag: cbdt notification
CBDT notifies tolerance/variation limit between arm’s length price u/s 92C and the actual price for international/specified domestic transaction for AY 2020-2021 MINISTRY OF FINANCE(Department of Revenue) Notification No. 83/2020 New Delhi, the 19th October, 2020 S.O. 3660(E).—In exercise of the powers conferred by the third proviso to sub-section …
CBDT amends Depreciation rules and reporting for domestic companies/individuals etc. under new tax regime CBDT has issued Notification No. 82/2020 publishing Income-tax (22nd Amendment) Rules, 2020. Several amendments have been made to various Rules and Forms of the Income Tax Rules, 1962 namely; (i) Rule 5 related to …
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 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 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 …
CBDT notifies revised Form 15C-Application by banking company/insurer for certificate u/s 195(3) for receipt of interest and other sums without deduction of tax MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 75/2020-Income Tax New Delhi, the 22nd September, 2020 G.S.R. 574(E).- In exercise of the powers …
CBDT notifies L&T Infra Debt Fund as Infrastructure Debt Fund u/s 10(47) of the Income Tax Act for assessment year 2018-2019 onwards MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification 74/2020 New Delhi, the 11th September, 2020 S.O.3122(E).—In exercise of the powers conferred by clause (47) …
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 …
Undertaking developed, maintained and operated by Softzone Tech Park Ltd notified as an industrial park u/s 80-IA of the Income Tax Act MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 72/2020 New Delhi, the 8th September, 2020 INCOME TAX S.O.3035(E).—Whereas the Central …
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, …
