Notification No. 05/2020 [F. No. 187/02/2020-ITA-I] / SO 388(E)


Quick Summary
The Central Board of Direct Taxes (CBDT) has issued Notification No. 05/2020, introducing amendments to the Income-tax Act, 1961. These changes specifically affect the Schedule, particularly entries related to Serial Number 72. The notification is issued in exercise of powers conferred by sub-sections (1) and (2) of section 120 of the Act.

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 28th January, 2020 (Income-Tax) S.O. 388(E).In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), Central Boar
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FAQ :

The purpose of Notification No. 05/2020 is to make amendments to the Income-tax Act, 1961, specifically concerning entries in the Schedule.

This notification was issued by the Central Board of Direct Taxes (CBDT) under the Ministry of Finance, Department of Revenue.

The amendments are made to the Schedule of the Income-tax Act, 1961, relating to Serial No. 72.

The notification was issued in exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961.

This notification was issued on the 28th January, 2020.

 

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