CBDT Formats/ Guidelines/ Filing Procedure on STT Forms 1, 2, 2A
CBDT has notified the formats of Form 1, 2 & 2A meant for e-filing of return of taxable transactions under the Securities Transaction Tax (STT) by Recognized Stock Exchanges/ …
Tag: CBDT
CBDT Guidelines/ FAQs on TDS u/s 194S(6): Payments for VDA transfer
CBDT has issued Guidelines/ FAQs for removal of difficulties on TDS u/s 194S(6) of the Income-tax Act, 1961, i.e. deduction of tax on payments of consideration for transfer of …
Transfer Pricing (TP) Safe Harbour Rules extended upto AY 2022-23, notifies CBDT
CBDT notifies the ‘Income-tax (18th Amendment) Rules, 2022’ to amend IT Rule 10TD(3B), i.e. to extend applicability of the provisions of sub-rule (1) and (2A) relating to Transfer Pricing …
CBDT Guidelines/ FAQs on TDS u/s 194R on Provision of Benefits/ Perquisites
CBDT has issued Guidelines/ FAQs for clarification and removal of difficulties in TDS on Provision of Benefits/ Perquisites u/s 194R(2) of the Income-tax Act, 1961, vide Circular 12/2022. It …
CBDT further Extends Timeline to Allow Validation of UDINs upto 31/05/2022
CBDT has further extended the last date/ timeline for allowing validations of UDINs upto 31/05/2022, in respect of past IT Forms uploaded on the e-filing Portal, as per ICAI …
New IT Rule 12AB: Conditions for Mandatory filing of Tax Return (ITR) u/s 139(1)
CBDT has notified the Income-tax (Ninth Amendment) Rules, 2022, to insert new IT Rule 12AB on conditions for mandatory filing of tax return (ITR) by persons referred to in …
CBDT notifies New ITR Forms for AY 2022-23 (ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7)
CBDT has notified the new ITR Forms applicable for AY 2022-23 (Forms ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, ITR-6 and ITR-7), without making any significant changes therein as …
CBDT further extends Due Date for e-filing of Form 10AB to 30/09/2022
CBDT further extends last date for e-filing of Form No. 10AB to 30/09/2022, in all the cases for which the last date is on or before 29/09/2022, in view …
New IT Rule 114(5A): PAN-Aadhaar Linking delay Penalty
CBDT has notified the Income-tax (Third Amendment) Rules, 2022 to insert new IT Rule 114(5A) to impose penalty on delay/ default in PAN-Aadhaar Linking applicable w.e.f. 01/04/2022, i.e. a …
I-T Raids on a Chain of Educational Institutes reveals Siphoning of Trust Funds
The Income Tax (IT) Department has conducted raids/ search and seizure operation on 14/03/2022, at 25 premises situated in Maharashtra, Karnataka and Tamil Nadu, belonging to a popular chain …