Income Tax Notification & Circulars

Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020

Notification No#Circular No. 21/2020 04 December 2020

Circular No. 21/2020 F. No. IT(A)/1/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *** Dated: 4th December, 2020 Sub.: Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 – reg. With the objective to r..

Posted in Income Tax

Income-tax Deduction from Salaries During the Financial Year 2020-21 under section 192 of the Income-tax Act, 1961

Notification No#CIRCULAR NO. 20/2020 03 December 2020

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCE- INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961 DURING THE FINANCIAL YEAR 2020-21 CIRCULAR NO. 20/2020 NEW DELHI, the or 03 Dece..

Posted in Income Tax

Income-tax Deduction from Salaries During the Financial Year 2020-21 under section 192 of the Income-tax Act, 1961

Notification No#20/2020 03 December 2020

Posted in Income Tax

Special Cash Package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during the Block 2018-2021 -Clarification reg

Notification No#F. No. 12(2)/2020-EII(A) 04 November 2020

F. No. 12(2)/2020-EII(A) Government of India Ministry of Finance Department of Expenditure E.II(A) Branch North Block, New Delhi 4th November, 2020 Office Memorandum Sub: Special Cash Package equivalent in lieu of Leave Travel Concession Fare for Central Government Employees during the..

Posted in Income Tax

Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10BB for Assessment Year 2016-17 and subsequent years

Notification No#19/2020 03 November 2020

F.No.197/13S/2020-IT A-I Government ofIndia Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 3rd November, 2020 Sub: Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10BB f..

Posted in Income Tax

Notification No. 89/2020 [F. No. 370133/16/2020-TPL] / SO 3952(E)

Notification No#89/2020 02 November 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 2nd November, 2020 (INCOME-TAX) S.O. 3952(E).—In exercise of powers conferred by sub-clause (vi) of clause (b) of the Explanation to clause (23FE) of section 10 of the Income-tax Act..

Posted in Income Tax

Notification No. 88/2020 [F. No. 370142/35/2020-TPL] / SO 3906(E)

Notification No#88/2020 29 October 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 29th October, 2020 TAXATION AND OTHER LAWS S.O. 3906(E).—In exercise of the powers conferred by sub-section (1) of section 3 of the Taxation and Other Laws (Relaxatio..

Posted in Income Tax

Clarifications in respect of the Direct Tax Vivad se Vishwas Act, 2020

Notification No#18/2020 28 October 2020

Circular No. 18 / 2020 F.No. IT(A)/1I2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated: 28th October, 2020 Subject: Clarifications in respect of the Direct Tax Vivad se Vishwas Act, 2020 - reg...

Posted in Income Tax

Notification No. 86/2020 [F. No. 285/09/2018-IT(Inv.V) CBDT] / SO 3854(E)

Notification No#86/2020 28 October 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) (Investigation Division-V) NOTIFICATION New Delhi, the 28th October, 2020 S.O. 3854(E).—In exercise of the powers conferred by sub-section (1) of section 280A of the Income-tax Act, 1961 (43 of ..

Posted in Income Tax

Equalisation Levy (Amendment) Rules, 2020

Notification No#87/2020 28 October 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 28th October, 2020 EQUALISATION LEVY S.O. 3865(E).—In exercise of the powers conferred by sub-section (1) and sub-section (2) of Section 179 of the Finance Act, 2016 ..

Posted in Income Tax