Income Tax News

CBDT issued instruction for implementation of SC judgment on Section 148 notices

12 May 2022 at 09:06

CBDT has issued Instruction No. 01/2022, dated 11.5.2022, containing Guidelines for Implementation of SC Judgement in the case of 'Union of India vs Ashish Agarwal (2022 SCC Online SC 543), dated 4.5.2022.

Posted in Income Tax | 14685 Views

PAN compulsory for cash deposit and withdrawal above 20 Lac

11 May 2022 at 12:02

CBDT makes rules further to amend the Income-tax Rules, 1962.These rules may be called the Income-tax (Fifteenth Amendment) Rules

Posted in Income Tax | 18219 Views

CBDT inserts rule 2DCA for computation of minimum investment and exempt income under Section 10 (23FE)

10 May 2022 at 09:00

2DCA. Computation of minimum investment and exempt income for the purposes of clause (23FE) of section 10 of the Act

Posted in Income Tax | 5352 Views

CBDT releases guidelines under clause (23FE) of Section 10 of the IT Act, 1961

10 May 2022 at 09:00

Guidelines under clause (23FE) of section 10 of the Income-tax Act, 1961

Posted in Income Tax | 4071 Views

CBDT amends Rule 44E and revises Form No. 34C, 34D, 34DA, 34E and 34EA

07 May 2022 at 08:50

The Central Board of Direct Taxes (CBDT) on May 05, 2022 has issued the Income-tax (Twelfth Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962. ..

Posted in Income Tax | 6480 Views

CBDT enables e-filing of Tax Audit Report Form 3CA-3CD and 3CB-3CD for AY 2022-23

06 May 2022 at 17:03

E-filing of Tax Audit Report Form 3CA-3CD and 3CB-3CD for AY 2022-23 is enabled.

Posted in Income Tax | 13641 Views

CBDT notified Form ITR-U for furnishing updated return under Section 139(8A) and Rule 12AC

02 May 2022 at 08:25

In exercise of the powers conferred by sub-section (8A) of section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the CBDT makes rules further to amend Income-tax Rules, 1962

Posted in Income Tax | 12339 Views

CBDT notified additional conditions for ITR Filing under new rule 12AB

23 April 2022 at 09:04

Conditions for furnishing return of income by persons referred to in clause (b) of sub-section (1) of section 139

Posted in Income Tax | 1 comments | 11166 Views

CBDT notifies SEEPZ Special Economic Zone Authority by Clause (46) of Sec 10

22 April 2022 at 08:09

In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, 'SEEPZ Special Economic Zone Authority' (PAN AAALS4995G)

Posted in Income Tax | 3627 Views

CBDT enabled common offline utility for filing ITR-1 and ITR-4 for the AY 2022-23

13 April 2022 at 16:01

The CBDT has enabled the common offline utility for filing ITR-1 and ITR-4 for the Assessment Year 2022-23.

Posted in Income Tax | 2862 Views