Income Tax News


Updation of UDINs at e-filing Portal extended till 30th Nov 2022

   05 October 2022 at 07:56

Time for updating UDINs for forms filed in the assessment year 2021-2022 is available till 30th November, 2022.

Posted in Income Tax |   19764 Views


CBDT extends due date for filing audit for AY 22-23 to 7th Oct

   01 October 2022 at 06:25

CBDT has decided to extend the Due date for the A.Y 2022-23 which was 30th Sep 2022 till 7th Oct 2022

Posted in Income Tax  1 comments |   13086 Views


Application for recomputation of income u/s 155 (18)

   30 September 2022 at 08:49

In exercise of the powers conferred by section 295 read with sub-section (18) of section 155 of the Income-tax Act, 1961, CBDT makes rules further to amend the Income-tax Rules, 1962

Posted in Income Tax |   5679 Views


CBDT | Order specifying collegium - Explanation to Sec 158AB

   29 September 2022 at 08:50

Order specifying the Collegium - Explanation to section 158AB of the Income-tax Act, 1961 - reg

Posted in Income Tax |   4383 Views


CBDT issued clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

   28 September 2022 at 13:51

Clarification on Form 3CA-3CD, 3CB-3CD to avoid errors in form filing and verification

Posted in Income Tax |   10260 Views


FM Sitharaman sets a new three-point governing principle for income tax department

   28 September 2022 at 10:05

Finance minister Nirmala Sitharaman on Tuesday urged the income tax department to assess tax returns and process tax refunds even faster and redress pending grievances of assessees as she set a new three-point governing principle for the tax department

Posted in Income Tax |   2577 Views


FM's Awards conferred on employees of Income Tax Department

   28 September 2022 at 08:33

The awards were presented to the officers and officials who have contributed to promoting excellence in the field of Direct Taxation by their innovative ideas and special efforts as well as commitment to duty.

Posted in Income Tax |   1503 Views


Timeline for filing of modified returns in Form ITR-A u/s 170A extended till 31st March 2023

   27 September 2022 at 08:35

CBDT has issued Order vide F. No. 370142/41/2022-TPL dated September 26, 2022 extends the timeline for filing of modified ITR in Form ITR-A by a successor company u/s 170A from September 30, 2022 to March 31, 2023.

Posted in Income Tax |   5856 Views


CBDT notified form ITR-A for filing of modified return by successor entity

   21 September 2022 at 08:38

CBDT notifies the Income-tax (31st Amendment) Rules, 2022, to insert new IT Rule 12AD/ Form ITR-A regarding filing of Return of Income by a Successor Entity

Posted in Income Tax |   6390 Views


Gross Direct tax collection grows 30% to Rs 8.36 lakh crore in FY 2022-23

   19 September 2022 at 08:28

The Gross collection of Direct Taxes (before adjusting for refunds) for the FY 2022-23 stands at Rs. 8,36,225 crore compared to Rs. 6,42,287 crore

Posted in Income Tax  1 comments |   2835 Views