Category: Income Tax
Central Govt. constitutes IT ‘Boards for Advance Rulings’ u/s 245-OB with headquarters at Delhi and Mumbai, for the purposes of giving advance rulings under Chapter XIX-B of the Income …
CBDT notifies 01/09/2021 as the commencement date of certain provisions relating to Authority for Advance Ruling (AAR) under the Income Tax Act, 1961, vide Notification 97/2021 dt. 01/09/2021, i.e. …
In line with amendments in IT Section 10(11) and 10(12) made by the Finance Act 2021, CBDT notifies the Income-tax (25th Amendment) Rules, 2021 applicable w.e.f. 01/04/2022, vide Notification …
CBDT again extends the due dates for e-filing of various Forms under the Income Tax Act, 1961, in view of difficulties being reported by the taxpayers and other stakeholders …
CBDT notifies the Income-tax (24th Amendment) Rules, 2021, to insert new IT Rules 12AA and 51B prescribing ‘any other person’ who can verify ITR u/s 140 & appear before authorities …
CBDT notifies the Income tax (23rd Amendment), Rules, 2021, to insert new IT Rule 10RB for prescribing the procedure/ methodology for re-computation of book profit u/s 115JB of the …
CBDT notifies the Income tax (22nd Amendment), Rules, 2021, to prescribe methodology for computing income of specified funds covered u/s 10(4D)/115AD of the Income tax Act, 1961, attributable to …
CBDT further extends due dates for e-filing of various Forms under the Income-tax Act/ Rules, vide Circular 15/2021 dt. 03/08/2021. Reportedly, taxpayers and other stakeholders are facing difficulties in …
CBDT extends the deadline for e-filing IT Forms 15CA/ 15CB, so taxpayers can submit them manually to authorised dealers until 15/08/2021 for forex remittances. CBDT previously extended the deadline …
CBDT extends certain timelines for Income Tax compliances to provide relief to taxpayers, vide Circular 12/2021 dt. 25/06/2021, in view of the severe pandemic COVID 19. CBDT Income Tax Circular 12/2021 …