Quick Summary
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 18th August, 2021 Notification No. 93/2021- Income Tax G.S.R. 578(E). -In exercise of the powers conferred by clause (c) and clause (cd) of section 140 and clause (viii) of sub-section (2)
Daily Limit Reached
You have reached your daily limit of 2 Free Notice & Circular
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited Notice & Circular Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
These are amendments to the Income-tax Rules, 1962, made by the Central Board of Direct Taxes, introducing new provisions regarding prescribed persons and authorised representatives.
For the purposes of Section 140 (c) and (cd), any person appointed by the Adjudicating Authority to discharge duties as an interim resolution professional, resolution professional, or liquidator under the Insolvency and Bankruptcy Code, 2016, is now a prescribed person.
For companies or LLPs, any person appointed by the Adjudicating Authority to act as an interim resolution professional, resolution professional, or liquidator under the Insolvency and Bankruptcy Code, 2016, can act as an authorised representative.
The Adjudicating Authority, as defined in the Insolvency and Bankruptcy Code, 2016, appoints the professionals who will be recognised under these income tax rules.
These amendments also relate to the Insolvency and Bankruptcy Code, 2016, and the rules and regulations made thereunder.
CAclubindia
Guest
Notification No : 93/2021- Income TaxPublished in Income Tax
Source : https://www.incometaxindia.gov.in/communications/notification/notification_93_2021.pdf