List of Income Tax Notifications issued by the Central Board of Direct Taxes (CBDT) during 2020, to make amendments in provisions/ procedures under the Income Tax Act/ Rules:
| List of CBDT Income Tax Notifications 2020 (No./ Date/ Description) |
| CBDT Income Tax Notification 93/2020 dated 31/12/2020: CBDT further extends due dates for filing of Income Tax Returns (ITR)/ Tax Audit/ Transfer Pricing Report (TAR/ TPR) for FY 2019-20/ AY 2020-21 upto 15/02/2021, for taxpayers and their partners (who are subject to audit or or who are required to furnish transfer pricing report on international/specified domestic transactions) and companies. Earlier, such due date was extended from 31/10/2020 to 30/11/2020 and then to 31/01/2021. Also refer MoF, GOI Press Release dated 30/12/2020 . |
| CBDT Income Tax Notification 92/2020 dated 31/12/2020: CBDT extends Vivad se Vishwas Scheme from 31/12/2020 to 31/01/2021. Also refer MoF, GOI Press Release dated 30/12/2020 . |
| CBDT Income Tax Notification 89/2020 dated 02/11/2020: CBDT notifies the format of Audit Report required to be filed by MIC Redwood, 1 RSC Limited, Abu Dhabi, UAE, a Sovereign Wealth Fund (SWF) for claiming Exemption u/s 10(23FE), including other specific conditions for compliance. Also refer Notification 11/2022 for subsequent amendments. |
| CBDT Income Tax Notification 88/2020 dated 29/10/2020: CBDT notifies further extension of ITR/ TAR/ TPR filing due dates for AY 2020-21, in line with Press Release dated 24th Oct. 2020. |
| CBDT Income Tax Notification 85/2020 dated 27/10/2020: Date for payment without additional amount extended under the Direct Tax Vivad se Vishwas Act 2020 from 31/12/2020 to 31/03/2021. |
| CBDT Income Tax Notification 83/2020 dated 19/10/2020: CBDT notifies the price variation tolerance limits for Arm’s Length Price (ALP) determination u/s 92C for the purpose of transfer pricing, in respect of AY 2020-21. Read More… |
| CBDT Income Tax Notification 81/2020 dated 25/09/2020: CBDT notifies the Income Tax Authorities of the Regional Faceless Appeal Centres for the purpose of ‘e Appeal proceedings’ under Faceless Appeal Scheme, 2020 (Notification 76/2020 and 77/2020) u/s 246A/ 248 of the Income Tax Act, 1961, w.e.f. 25/09/2020. |
| CBDT Income Tax Notification 77/2020 dated 25/09/2020: CBDT notifies the prescribed procedure for handling of the e-Appeals, under the Faceless Appeal Scheme 2020 (Notification 76/2020), at the National Faceless Appeal Centre/ National e-Assessment Centre. |
| CBDT Income Tax Notification 76/2020 dated 25/09/2020: Faceless Appeal Scheme, 2020 applicable w.e.f. 25/09/2020, in respect of Appeals filed u/s 246A(1)/ 248 of the Income Tax Act, 1961. |
| CBDT Income Tax Notification 35/2020 dated 24/06/2020: CBDT further extends various Income Tax compliance deadlines prescribed under for Taxation & Other Laws (Relaxation of Certain Provisions) Ordinance, 2020, in view of the challenges being faced by the taxpayers, in meeting the statutory and regulatory compliance requirements across sectors due to the outbreak of Novel Corona Virus (COVID-19). Read More… |
| CBDT Income Tax Notification 34/2020 dated 23/06/2020: CBDT notifies exemption from Income u/s 10(46) of Income Tax Act, 1961, in the case of ‘Maharashtra Electricity Regulatory Commission, Mumbai’ for certain specified incomes during the assessment years 2021-22 to 2025-26, subject to certain conditions. Also refer amendment vide Notification 22/2023. |
| CBDT Income Tax Notification 32/2020 dated 12/06/2020: CBDT notifies ‘Cost Inflation Index (CII)’ for FY 2020-21/ AY 2021-22 at 301. Read More… |
| CBDT Income Tax Notification 31/2020 dated 29/05/2020: CBDT notifies new Income Tax Return (ITR) forms for FY 2019-20/ AY 2020-21 (i.e. ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7 and ITR-V), vide Income-tax (12th Amendment) Rules, 2020, in line with the amendments made by the Finance Act, 2019. |
| CBDT Income Tax Notification 30/2020 dated 28/05/2020: CBDT notifies the Income-tax (11th Amendment) Rules, 2020, to amend Form 26AS and issuance procedure, w.e.f. 01/06/2020. IT Rule 31AB on Annual Statement of TDS/ TCS has been omitted and new IT Rule 114I on Annual Information Statement (Form 26AS) has been inserted. |
| CBDT Income Tax Notification 29/2020 dated 27/05/2020: CBDT notifies Income-tax (10th Amendment) Rules, 2020 for amending IT Rule 10V on Fund Managers’ Remuneration u/s 9A of the Income-tax Act, 1961. Also inserts/ amends Form No. 3CEJA/ 3CEK. |
| CBDT Income Tax Notification 28/2020 dated 27/05/2020: CBDT notifies exemption from Income u/s 10(46) of Income Tax Act, 1961, in the case of ‘Uttarakhand Environment Protection & Pollution Control Board, Dehradun’ for certain specified incomes during the assessment years 2020-21 to 2024-25, subject to certain conditions. |
| CBDT Income Tax Notification 27/2020 dated 27/05/2020: CBDT notifies exemption from Income u/s 10(46) of Income Tax Act, 1961, in the case of ‘Cochin Special Economic Zone Authority, Kochi’ for certain specified incomes during the assessment years 2018-19 to 2022-23, subject to certain conditions. |
| CBDT Income Tax Notification 26/2020 dated 21/05/2020: CBDT notifies exemption from Income u/s 10(46) of Income Tax Act, 1961, in the case of ‘Kerala Cooperative Development and Welfare Fund Board, Trivandrum’ for certain specified incomes during the assessment years 2019-20 to 2023-24, subject to certain conditions. |
| CBDT Income Tax Notification 25/2020 dated 20/05/2020: CBDT amends Rules 10TD and 10TE to notify Safe Harbour Rules for AY 2020-21, vide Income Tax (9th Amendment) Rules 2020, to continue applicability of safe harbour rates of transfer pricing for AY 2020-21. Read More… |
| CBDT Income Tax Notification 24/2020 dated 08/05/2020: Central Government notifies “SHRI RAM JANMABHOOMI TEERTH KSHETRA” (PAN: AAZTS6197B) as place of historic importance and a renowned place of public worship for the purposes of exemption under Section 80G(2)(b) of the Income-tax Act, 1961 from the year F.Y. 2020-2021, relevant to the Assessment Year 2021-2022. |
| CBDT Income Tax Notification 23/2020 dated 06/05/2020: CBDT notifies the Income-tax (8th Amendment) Rules, 2020, to amends Mutual Agreement Procedure (MAP) laid down under Income-tax Rules, 1962 (Rule 44G and Form 34F amended). |
| CBDT Income Tax Notification 21/2020 dated 20/03/2020: Corrigendum to CBDT Notification 18/2020 on The Direct Tax Vivad Se Vishwas Rules, 2020. |
| CBDT Income Tax Notification 20/2020 dated 20/03/2020: Jurisdiction of Assessing Officer assigned for the purpose of Chapter VIII of Finance Act, 2016. |
| CBDT Income Tax Notification 18/2020 dated 18/03/2020: The Direct Tax Vivad Se Vishwas Rules, 2020. |
| CBDT Income Tax Notification 16/2020 dated 05/03/2020: CBDT notifies certain securities for the purpose of tax exemption on capital gains from transfer u/s 47(viiab)(d) which are listed on a recognised stock exchange located in any IFSC: (i) foreign currency denominated bond; (ii) unit of a Mutual Fund; (iii) unit of a business trust; (iv) foreign currency denominated equity share of a company; (v) unit of Alternative Investment Fund, Also refer subsequent Notification 89/2022, which included ‘Bullion Depository Receipt with underlying bullion’ in the list. |
| CBDT Income Tax Notification 15/2020 dated 05/03/2020: CBDT notifies the Income-tax (7th Amendment) Rules, 2020 to insert new IT Rule 17c(va). |
| CBDT Income Tax Notification 13/2020 dated 26/02/2020: CBDT notifies the Special Jurisdictional Courts in the States of Punjab and Haryana and in the Union Territory of Chandigarh for the purposes of sub-section (1) of section 280A of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. |
| CBDT Income Tax Notification 12/2020 dated 17/02/2020: CBDT notifies the Income tax (6th Amendment), Rules, 2020, applicable w.e.f. 01/04/2020, to amend the meaning of unauthorised colony as given in clause (b) of explanation to IT Rule 11UAC. |
| CBDT Income Tax Notification 11/2020 dated 13/02/2020: CBDT notifies the Income tax (5th Amendment), Rules, 2020, to insert new IT Rule 114AAA on ‘Manner of making permanent account number inoperative’. |
| CBDT Income Tax Notification 08/2020 dated 29/01/2020: CBDT revises/ reduces the cash payments limit from Rs. 20,000 to Rs. 10,000 per day under IT Rule 6DD vide Income-tax (3rd Amendment) Rules, 2020 (Notification No. 8/2020 dated 29/01/2020). Also notifies new IT Rule 64BBA on ‘Other Electronic Modes’ of Payment. |
| CBDT Income Tax Notification 03/2020 dated 06/01/2020: CBDT amends IT Rules 10DA and 10DB on maintenance/ furnishing of information/ documents by Constituent Entity of an International Group, w.e.f. 01/04/2020, vide Income-tax (2nd Amendment) Rules, 2020. |
| CBDT Income Tax Notification 02/2020 dated 03/01/2020: Indian Institute of Technology (Indian School of Mines), Dhanbad approved u/s 35(1)(iii)(ii) (i.e. for payments to conduct Research in Social Sciences or Statistical Research). |
| CBDT Income Tax Notification 01/2020 dated 03/01/2020: New/ Amended Forms ITR 1 Sahaj and Sugam 4 notified for FY 2019-20/ AY 2020-21. |
| CBDT Updates (Income Tax) |
| Income Tax Circulars, Instructions, Notifications, Orders, Press Releases, etc. issued by the Central Board of Direct Taxes (CBDT) in different years: |
| CBDT Circulars: 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 |
| CBDT Instructions: 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 |
| CBDT Notifications: 2024, 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 |
| CBDT Orders: 2024, 2022, 2021, 2020, 2019, 2018, 2017 |
| CBDT Press Releases: 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015 |
| Note: For Official/ updated copy, please visit the Income Tax Deptt. website. |