Tag: CBDT
CBDT has issued Order dated 16 June 2023 to specify/expand the scope of the 'e-Appeals Scheme, 2023'.
Discover how the incorporation of 'majority rule' by the e-advance rulings (Amendment) Scheme, 2023 ensures fair decisions in cases of differing opinions among the Board Members.
Discover how the CBDT's recent amendment simplifies advance ruling applications by eliminating the mandatory digital signing requirement.
CBDT announxces new 'Cost Inflation Index (CII)' for FY 2023-24/ AY 2024-25 at 348, up from 331 announced earlier for FY 2022-23. Know more about CII!
CBDT notifies amended monetary limits for condonation of delay in claims for refund/ loss carry forward u/s 119(2)(b) of the Income Tax Act, 1961, vide Circular 7/2023, effective June …
CBDT amends Rules 46 & 46A, including establishment of the Joint Commissioner (Appeals) to provide taxpayers with an improved appeals mechanism, vide Notification 32/2023.
The e-Appeals Scheme 2023, introduced by the CBDT, vide Notification 33/2023, is a groundbreaking initiative aimed at addressing the issue of pending income tax appeals, including related to TDS/TCS …
Learn about the recent amendment to Rule 11AA of Income Tax Rules, 1962, impacting the effective date of provisional approval under Section 80G for charitable donations and its implications …
CBDT has amended Income Tax Rule 11UAC to further expanded the scope of non-applicability of provisions of section 56(2)(x) in the cases of strategic disinvestments, applicable from AY 2023-24.
Central Board of Direct Taxes (CBDT) has notified certain certain classes of persons which are exempt from the 'angel tax' provisions under Income-tax Laws, vide Notification 29/2023.