Notification No. 14/2021 [F. No. 187/7/2021 (ITA-I)] / SO 1160(E)


Quick Summary
The Central Board of Direct Taxes (CBDT) has issued Notification No. 14/2021, amending a previous notification from 2014. This update specifically modifies Schedule-I of the Income Tax Act, 1961. New entries will be inserted after entry (xiv) in serial number 9 of the schedule.

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) (Income-tax) NOTIFICATION New Delhi, the 11th March, 2021 S.O. 1160(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), the Central Board of Dire
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FAQ :

The purpose of Notification No. 14/2021 is to make an amendment to the existing Income-tax notification no. 70/2014, dated 13th November, 2014.

The powers conferred by sub-sections (1) and (2) of Section 120 of the Income-tax Act, 1961, were exercised to issue this notification.

The amendment is being made to Schedule – I of the notification no. 70/2014.

The new entries will be inserted after the entry (xiv) against Serial number 9 in Schedule – I.

 

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