CBDT specifies that no deduction of tax shall be made under section 194-I of the Income-tax Act on payment in the nature of lease rent or supplemental lease rent
To facilitate trade, the following changes have been made in the System in respect of AD Code registration.
For the purposes of the proviso to item (III) of sub-clause (i) of clause (c) of the Explanation to clause (4D) of section 10 of the Act, the "other conditions" required to be fulfilled by a specified fund
Extension of time granted to undergo MCBT upto 31st December, 2022
Net Direct Tax collections rose over 45% to over Rs. 3.39 lakh crore for FY 2022-23, representing an increase of 45% over the collections of the preceding year.
Delhi Customs Preventive seizes more than 37 lakhs cigarette sticks; 7.10 lakhs of foreign origin worth Rs. 1 crore
Income Tax Department carried out search and seizure operations on 15.06.2022 on a leading manufacturer and seller of Jamawar Shawls, Pashmina and Kashmiri Shawls.
Revised Instruction for constitution and functioning of Local Committees to deal with taxpayers' grievances due to high-pitched Scrutiny Assessment
Processing of e-mandates for recurring transactions
Guidelines for removal of difficulties under sub-section (2) of section 194R of the Income-tax Act, 1961