Notification & Circulars

Gift Cards, Reward Points Excluded From Crypto Tax

Notification No#74/2022 - Income-tax 30 June 2022

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th June, 2022 Notification No. 74/2022 - Income-tax S.O. 2958(E). - In exercise of the powers conferred by proviso to clause (47A) of section 2 of the Income-tax Act, 1961 (43 of 1961..

Posted in Income Tax

CBDT Notifies Non-Fungible Token as VDA

Notification No#75/2022 - Income-tax 30 June 2022

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th June, 2022 Notification No. 75/2022 - Income-tax S.O. 2959(E). - In exercise of the powers conferred by clause (a) of Explanation to clause (47A) of section 2 of the Income-tax Act..

Posted in Income Tax

Jurisdiction Notification No. 71/2022 - Income Tax, Dt 28.6.2022 u/s 120 of the Income tax Act, 1961

Notification No# 71/2022-Income Tax 28 June 2022

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 71/2022-Income Tax Dated: 28th June, 2022 S.O. 2926(E). - In exercise of powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the ..

Posted in Income Tax

Jurisdiction Notification No. 72/2022 - Income Tax, Dt 28.6.2022 u/s 120 of the Income tax Act, 1961

Notification No#72/2022-Income Tax 28 June 2022

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 72/2022-Income Tax Dated: 28th June, 2022 S.O. 2925(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..

Posted in Income Tax

Seventy Second Investment Company LLC as a Sovereign Wealth Fund Under Section 10(23FE) of the IT Act, 1961

Notification No#69/2022-Income Tax 27 June 2022

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 27th June, 2022 Notification No. 69/2022-Income Tax S.O. 2910(E). - In exercise of powers conferred by sub-clause (vi) of clause (b) of the Explanation 1 to clause (23FE) of section 10 of the I..

Posted in Income Tax

Income-tax (19th Amendment) Rules, 2022

Notification No#67/2022-Income Tax 21 June 2022

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 67/2022-Income Tax Dated: 21st June, 2022 G.S.R. 463(E).- In exercise of the powers conferred by section 295 read with sections 194B, 194-IA, 194R, 194S and section 206AB of the Inc..

Posted in Income Tax

Weekly newsletter from Chairman, CBIC dated 20/06/2022

Notification No#DO No. 29/CH(IC)/2022 20 June 2022

Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs North Block, New Delhi-110 001 Tel. : +91-11-23092849, Fax : +91-11-23092890 E-mail : vivekjohri.irs gpv.in 20th June,2022 Chairman DO No. 29/CH(IC)/2022 Amongst the many s..

Posted in GST

CBDT authorizes Assistant & Deputy Commissioner of Income Tax to act as 'Prescribed Income-tax Authority' under Section 143(2)

Notification No#56/2022 28 May 2022

MINISTRY OF FINANCE Department of Revenue Central Board of Direct Taxes (Income-tax) NOTIFICATION New Delhi, the 28th May, 2022 S.O. 2432(E). - In exercise of powers conferred under sub-section (2) of section 143 of Income-tax Act, 1961 (43 of 1961) (the Act) rea..

Posted in Income Tax

Relaxation in paying additional fees in case of delay in filing of Annual Return by LLPs up to 30th June, 2022

Notification No#General Circular No. 04/2022 27 May 2022

General Circular No. 04/2022 F.NO. Policy-01/2/2021-CL-V-MCA-(Part-1) Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi-I Dated: 27th May, 2022 To, DGCoA,&nb..

Posted in Corporate Law

Companies (Incorporation) Second Amendment Rules, 2022

Notification No#F. No. 1/13/2013-CL-V 20 May 2022

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 20th May, 2022 G.S.R. 363(E).- In exercise of the powers conferred under section 3, section 4, sub-sections (5) and (6) of section 5, section 6, sub-section (1) and (2) of section 7, sub-sections (1) and (2) of section 8, sub-se..

Posted in Corporate Law