Income Tax News

CBDT eases PAN / Aadhaar norm for government/consular office

03 September 2022 at 08:45

The Central Board of Direct Taxes (CBDT) has eased the requirement of quoting Permanent Account Number (PAN) or Aadhaar in the case of certain transactions by the government or a consular office, showed an official order.

Posted in Income Tax | 6843 Views

IT Dept conducts searches on a prominent Transmission Tower manufacturing group in West Bengal

02 September 2022 at 08:42

The Income Tax Department carried out a search and seizure operation on 24.08.2022 on a prominent Kolkata based group

Posted in Income Tax | 1521 Views

IT Department conducts searches on two prominent real estate groups of Kolkata

01 September 2022 at 08:34

The Income Tax Department carried out a search and seizure operation on 18.08.2022 on two prominent real estate groups of Kolkata.

Posted in Income Tax | 1293 Views

CBDT amends Rule 17CB to replace 'trust or institution' with 'specified person'

24 August 2022 at 08:37

for the words "trust or institution" wherever they occur, the words "specified person" shall be substituted;

Posted in Income Tax | 4509 Views

Income tax department conducts searches on a business group in Gujarat

24 August 2022 at 08:37

The Income Tax Department carried out a search and seizure operation on 09.08.2022 on a business group primarily engaged in manufacturing and trading of ceramic tiles.

Posted in Income Tax | 1959 Views

IT rules amended to allow foreign tax credit even with delayed filing of Form 67

20 August 2022 at 07:37

The statement in Form No. 67 referred to in clause (i) of sub-rule (8) and the certificate or the statement referred to in clause (ii) of sub-rule (8) shall be furnished on or before the end of the assessment year relevant to the previous year

Posted in Income Tax | 3363 Views

CBDT releases JSON Schema for Forms 10B, 10BB

20 August 2022 at 07:37

The Income Tax Department has released the JSON Schema for Form 10BB, 10B on Income-tax e-filing portal.

Posted in Income Tax | 3447 Views

ICAI releases revised Guidance Note on Tax Audit u/s 44AB - AY 2022-23

20 August 2022 at 07:37

ICAI releases revised Guidance Note on Tax Audit u/s 44AB of the IT Act, 1961

Posted in Income Tax | 29115 Views

CBDT updates common offline utilities for filing Statutory IT Form 3CA-3CD & 3CB-3CD

19 August 2022 at 14:44

Common offline utilities for filing Statutory IT Form 3CA-3CD & 3CB-3CD

Posted in Income Tax | 2406 Views

CBDT exempts non-resident from the purview of Sec 206C (1G)

19 August 2022 at 08:50

Govt. notifies that the provisions of sub-section (1G) of section 206C of the Act shall not apply to a person (being a buyer) who is a non-resident in terms of section 6 of the Act.

Posted in Income Tax | 4353 Views