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 …
Tag: Circulars
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 …
RBI Master Circular on Prudential (IRAC) Norms on Advances as on 31/03/2022
RBI has issued revised/ updated Master Circular on Prudential Norms for Income Recognition, Asset Classification (IRAC) and Provisioning pertaining to Advances, which consolidates the RBI Guidelines/ Directions/ Instructions/ Revisions …
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 …
CBDT Instructions Circular 4/2022 on Salary TDS u/s 192 (FY 2021-22)
CBDT has issued instructions/ circular, which compiles the provisions/ rates applicable u/s 192 for TDS on Salary payments to employees, during FY 2021-22 (AY 2022-23), including explanations on many …
MCA Extends Due Dates for e-forms AOC-4/ 4(CFS)/ 4(XBRL), 4(Non-XBRL), MGT-7/ 7A
MCA has further extended the due dates for filing of e-forms AOC-4/ 4(CFS)/ 4(XBRL), 4(Non-XBRL) upto 15/02/2022 and for filing of e-forms MGT-7/ 7A upto 28/02/2022, without payment of …
CBDT Guidelines on Income Tax Exemption for ULIP Receipts u/s 10(10D)
CBDT clarifies that any sum received including by way of bonus during the current previous year under any one or more eligible Unit Linked Insurance Policy (ULIPs) issued on …
ITR & TAR Due Dates further Extended by CBDT: FY 2020-21/ AY 2021-22
CBDT has further extended the due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2020-21/ AY 2021-22. …
Completion of Age of 60/ 80 for Senior/ Very Senior Citizen Status Benefit under Income Tax
CBDT has issued a Circular/ Clarification regarding attaining prescribed age of 60 years/ 80 years on 31st March itself, in case of Senior/Very Senior Citizens whose date of birth …
ITR Verification timeline extended upto 28/02/2022 for FY 2019-20/ Ay 2020-21
Income Tax Department has provided a one time opportunity to the Taxpayers whose Income Tax Return (ITR) has been filed but is pending for e-verification (using EVC/ OTP) or …