Tag: cbdt press release
CBDT proposes changes to Rule 11UA in respect of ANGEL TAX- Also proposes to notify Excluded Entities In the Finance Act, 2023, an amendment has been introduced to bring the consideration received from non-residents for issue of shares within the ambit of section 56(2)(viib) of the Income-tax Act, …
Last date for linking of PAN-Aadhaar extended to 30.06.2023. Consequences of PAN becoming inoperative due to non linking with Aadhaar Ministry of Finance Press Release Last date for linking of PAN-Aadhaar extended Posted On: 28 MAR 2023 2:48PM by PIB Delhi …
CBDT releases list of Exempt Institutions Registered with Unique Registration Number – Order in Form 10AC CBDT vide notification No. 19/2021 dated 26.03.2021 revised the procedure for registration of charitable trusts All trusts/charitable institutes were required to make a fresh application for provisional registration in Form No. 10A …
Different Income Tax Returns to be replaced by one common ITR. I. T. Department proposes a common Income-tax Return except ITR-7 F No 370133/16/2022-TPLGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes) New Delhi, 1st November, 2022 Sub: Draft common Income-tax Return-request for …
CBDT vide Circular dated 11.01.2022 further extends due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22 CBDT Circular 01/2022 dated 11.01.2022 further extends due dates for filing of Income Tax Returns and various reports of audit for the …
CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment CBDT clarification on carry forward of losses for shareholding change due to strategic disinvestment Finance Act, 2021 has amended section 72A of the Income-tax Act, 1961 (the Act) to inter alia provide …
Dainik Bhaskar Income Tax Raids-CBDT alleges detection of bogus income of Rs. 700 crores The Income Tax Department had carried out a search operation on Dainik Bhaskar in 9 cities including Mumbai, Delhi, Bhopal, Indore, Noida and Ahmedabad. The Income Tax raids had been severely criticised …
Finance Ministry to hold meeting with Infosys on glitches in new e-filing portal of the Income Tax Right from the launch of new income tax efiling portal, on 7th June 2021 it has succumbed to technical glitches and users/taxpayers are finding it very difficult to ensure the …
CBDT allows manual filing of Forms 15CA 15CB till 30th June 2021 in view of the snags in new income tax e-filing portal CBDT allows manual filing of Income Tax Forms 15CA 15CB till 30th June 2021 Under the provisions of the Income-tax Act, 1961 read …
Concessional tax rate of 5% continue to apply to interest income u/s 194LD even after amendment to section 115AD Government of IndiaDepartment of Revenue Ministry of FinanceCentral Board of Direct Taxes New Delhi, 17th March, 2021 Clarification on continuation of concessional rate of tax on certain …
