Tag: cbdt notification
CBDT notifies NPS Tier II-Tax Saver Scheme 2020 for Section 80C deduction MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 45 /2020 New Delhi, the 7th July, 2020 S.O. 2232(E).—In exercise of the powers conferred by clause (xxv) of sub-section (2) of section 80C of …
For exemption of income u/s 10(23FE)-CBDT notifies business engaged in infrastructure sub-sectors mentioned in Updated Harmonised Master List MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 44/2020 New Delhi, the 6th July, 2020 INCOME –TAX S.O. 2227E).—In exercise of the powers conferred by item (b) …
CBDT amends TDS Rules for furnishing of more particulars in TDS Statements  MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 43/2020 New Delhi, the 3rd July, 2020  INCOME-TAX  G.S.R. 429(E).—In exercise of the powers conferred by sections 194A, 194J, 194K, …
Prescribed class of persons for the purpose of section 50CA. Rule 11UAD. Section 50CA not to apply to transfer of unquoted shares of company/subsidiary  MINISTRY OF FINANCE(Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 42/2020 New Delhi, the 30th June, 2020  G.S.R.423(E).—In exercise of …
Exemption from deeming provisions of section 56(2)(x). Rule 11UAC amended to include more exclusions apart from unauthorised colony in NCT of Delhi MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)  NOTIFICATION  New Delhi, the 29th June, 2020  G.S.R. 421(E).—In exercise of the powers conferred …
Allowances and Perquisites allowable to assessee who exercises option u/s 115BAC under New Tax Regime MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 38/2020 New Delhi, the 26th June, 2020 INCOME-TAX G.S.R. 415(E).—In exercise of the powers conferred by sub-section (2) of section 115BAC read …
CBDT issue Notification further extending time limit for filing ITRs, TDS/TCS returns, making investments etc. for AY 2020-21 & 2019-20 Govt extends various time limits under the Direct Tax & Benami laws, providing further relief to taxpayers for making compliances under these laws. Time limits had earlier been …
Maharashtra Electricity Regulatory Commission income exempted u/s 10(46) of Income Tax Act MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 23rd June, 2020 S.O. 2015(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of …
Greater Noida Industrial Development Authority authority income exempted u/s 10(46) of Income Tax Act, 1961 MINISTRY OF FINANCE(Department of Revenue)(Central Board of Direct Taxes) NOTIFICATION New Delhi, the 23rd June, 2020 S.O. 2014(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, …
Cost Inflation Index for FY 2020-21 notified by CBDT. Up-to-date Cost Inflation Index Table / Chart from FY 2001-02 to FY 2020-21 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No. 32/2020 New Delhi, the 12th June, 2020 Income-Tax S.O.1879(E).—In exercise of the powers conferred by …
