CBDT amends IT rules to provide tax exemption on movable property value

Last updated: 03 June 2023


The Income-tax (Eighth Amendment) Rules, 2023 were notified by the Central Board of Direct Taxes (CBDT) on May 31, 2023. The rules amend the Income-tax Rules, 1962 to provide for exemption from tax on the value of any movable property, being equity shares, of a public sector company or a company, re
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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