Income Tax notification

ACIT (e-Verification), Delhi designated as authority U/s. 143(2) R.W. Rule 12E

Notification No. 65/2019- Income Tax (13/09/2019)

CBDT notifies Assistant Commissioner of Income-tax (e-Verification), Delhi, to act as prescribed Income-tax Authority for the purpose of Section 143(2) of Income Tax Act, 1961  read with rule 12E of the Income-tax Rules, 1962 vide Notification No. 65/2019- Income Tax dated 13th September, 2019. MINISTRY OF FINANCE (Department of Revenue)...

Read More

CBDT notifies tolerance range for wholesale trading & for other cases

Notification No. 64/2019- Income Tax (13/09/2019)

Notification No. 64/2019- Income Tax provides for tolerance range of one per cent. for wholesale trading and three per cent. in all other cases for assessment year 2019-20. It is certified that none will be adversely affected by the retrospective effect being given to the notification. MINISTRY OF FINANCE (Department of Revenue) New Delhi...

Read More

Functionality to process returns having Income Tax refund claims

ITBA-Processing Instruction No. 9 (12/09/2019)

Functionality for processing of returns having refund claims which were not processed within the time allowed u/s 143(1) due to some technical or other reasons- reg....

Read More

CBDT notifies Cost Inflation Index for Financial Year 2019-20

Notification No. 63/2019- Income Tax (12/09/2019)

CBDT notifies Cost Inflation Index for Financial Year 2019-20 vide Notification No. 63/2019 dated 12th September, 2019. Cost Inflation Index for Financial Year 2019-20 at 289. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 63/2019- Income Tax New Delhi, the 12th September, 2019 (INCOME-TAX) S....

Read More

Directions for giving effect to Income Tax E-assessment Scheme, 2019

Notification No. 62/2019- Income Tax (12/09/2019)

[Notification No. 62/2019 For giving effect to the E-assessment Scheme, 2019 the Central Government hereby makes the following directions ...

Read More

CBDT notifies Income Tax E-assessment Scheme, 2019

Notification No. 61/2019- Income Tax (12/09/2019)

The assessment under E-assessment Scheme, 2019 shall be made as per the following procedure, namely (i) the National e-Assessment Centre shall serve a notice on the assessee under sub-section (2) of section 143, specifying the issues for selection of his case for assessment;...

Read More

Re-designation of nomenclature of posts of Member CBDT and revision in their Jurisdiction

Office Order No. 197 of 2019-CBDT (11/09/2019)

Office Order No. 197 of 2019 – Re-designation of the nomenclature of the posts of Member CBDT and revision in their Jurisdiction – reg. F. No.A-35015/7/2012-Ad.VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block. New Delhi, The 11th September. 2019 Office Order No. 197 ...

Read More

Relaxation of time-Compounding of Offences under Direct Tax Laws-One-time measure-Reg

Circular No. 25/2019 (09/09/2019)

CBDT has been issuing guidelines from time to time for compounding of offences under Direct Tax Laws, prescribing eligibility conditions. One of the conditions for filing of Compounding application is that, it should be filed within 12 months from filing of complaint in the court....

Read More

Procedure to identify & process Income Tax cases for prosecution

Circular No. 24/2019 (09/09/2019)

Prosecution is a criminal proceeding. Therefore, based upon evidence gathered, offence and crime as defined in the relevant provision of the Act, the offence has to be proved beyond reasonable doubt. To ensure that only deserving cases get prosecuted the Central Board of Direct Taxes in exercise of powers under section 119 of the Act lays...

Read More

CBDT revise forms and rules of Approval of Application U/s. 80G & 10(23C)

Notification No. 60/2019-Income Tax (05/09/2019)

Notification No. 60/2019-Income Tax- CBDT amends rules 2C and 2CA related to Application for the purpose of grant of approval for the exemption under sub-clause (iv), sub-clause (v), sub-clause (vi) and sub-clause (via) of clause (23C) of section 10 and Rule 11AA related to Requirements for approval of an institution or fund under section...

Read More

Browse All Categories

CA, CS, CMA (4,284)
Company Law (4,998)
Custom Duty (7,373)
DGFT (3,995)
Excise Duty (4,250)
Fema / RBI (3,829)
Finance (4,007)
Income Tax (30,728)
SEBI (3,190)
Service Tax (3,470)