Stay updated with the latest income tax notifications for changes in tax laws, rates, and compliance requirements. Get insights into income tax updates, exemptions, deductions, and important deadlines through income tax notifications.
CA, CS, CMA : Highlights from August 5-11, 2024: Income Tax exemptions, GST updates, SEBI guidelines, and RBI monetary policy changes....
Income Tax : CBDT updates Form 3CD for AY 2023-2024, including major amendments for tax audit reporting. Essential insights for professionals a...
Income Tax : Key updates to Form 3CEB for specified domestic transactions, following CBDT Notification No. 27/2024, enhancing reporting require...
Income Tax : Explore resolutions for CBDT Circular No. 20/2023 issues: TDS responsibilities, fees inclusion, treatment of taxes, purchase-retur...
Income Tax : Demystify Income Tax Notices: Learn about various types, meanings, and effective responses. Explore notices under Section 143(1), ...
Income Tax : Explore the Lok Sabha query on technical glitches in the IT portal and TRACES. Learn about processing delays, PAN-Aadhaar issues, ...
Income Tax : Explore the Malad Chamber of Tax Consultants' 2024 Pre-Budget Memorandum proposing crucial amendments to the Income Tax Act, 1961,...
Income Tax : Stay updated with the latest notification from the Ministry of Finance, Department of Revenue, Central Board of Direct Taxes regar...
Income Tax : ITD Delhi invites Cost Accountant firms/LLPs for empanelment for inventory valuation services. Apply by the deadline to be part of...
Income Tax : Explore the impact of faceless tax assessment, benefits, and government's steps to address taxpayer grievances. Get insights into ...
Income Tax : We request the authority concerned to take a practical view of the problems which the assessees are facing as on date on account o...
Income Tax : The issue to be considered is whether the profit earned by the assessee from the activity of recruitment and training of personne...
Income Tax : On August 16, 2024, President Droupadi Murmu officially granted her assent to the Finance (No 2) Bill, 2024. With this move, the b...
Income Tax : Insight Instruction No. 79 details procedures for managing high-risk PAN cases in the Insight portal, guiding tax officers through...
Income Tax : UIDAI's specified income receives tax exemption for AY 2024-2025 to 2028-2029 under Income-tax Act, 1961, as per the latest CBDT n...
Income Tax : West Bengal Transport Workers' Social Security Scheme receives tax exemption for specified income under Income-tax Act for AY 2021...
Income Tax : CBDT notifies Karnataka State Natural Disaster Monitoring Centre for tax exemptions on specific incomes. Effective for AY 2021-22 ...
Notification: S.O.1015 It is hereby notified for general information that the following scientific research programme has been approved for the period specified below for the purposes of sub-sectio
Notification: S.O.958 In exercise of the powers conferred by the provisions of section 10(23) of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby approves the following sports institution for the purpose of the said section :–
Circular No. 187-Income Tax Attention is invited to the Board’s Circular No. 187 [F. No. 473/15/73-FTD], dated 23-12-1975 [Clarification 2] on the above subject laying down the guidelines for the grant of approval under section 80-O. The Board has had occasion to re-examine the aforesaid guidelines and it has been decided to modify the guidelines to the extent indicated below
Notification: S.O.710(E) This notification contains Amendments to Income-tax (Fifth Amendment) Rules, 1975 carried out on December 18, 1975 not reproduced here as it is already contains in the body of the Rules itself
Circular No. 185-Income Tax Attention is invited to paragraph 2 of Circular No. 176 [F. No. 275/12/75-ITJ], dated 16-8-1975 enclosing an extract of the revised Sub-Paragraph I of Paragraph A of Part III of the First Schedule to the Finance Act, 1975, giving the revised rate of tax deduction at source from salaries during financial year 1975-76, consequent
Notification: S.O.663 It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Medical Research, the prescribed authority for the purposes of clause (ii) of su
Notification: S.O.662 In exercise of the powers conferred by sub-section (2)(b) of section 80G of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Sri Mangalanathaswamy Temple, Thiru Uthira Kosamangai, Ramanathapuram Taluk and Distt., to be a place of public worship of renown throughout the State of Tamil Nadu for the purposes of the said section
Notification: S.O.583 It is hereby notified for general information that the institution mentioned below has been approved by the Indian Council of Social Science Research, the prescribed authority for the purposes of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961. The institution shall, as agreed to, maintain a separate account for the grant
Circular No. 184-Income Tax Under section 3(1) of the Ordinance, a person can declare his income liable to tax for any assessment year up to and including the assessment year 1975-76 falling under any of the following categories: ( a) income for which he has failed to furnish a return under section 139 of the Income-tax Act; or ( b) income which he has failed to disclose in a return of income filed by him under the Income-tax Act before
Circular No. 184-Income Tax 6. Under section 3(1) of the Ordinance, a person can declare his income liable to tax for any assessment year up to and including the assessment year 1975-76 falling under any of the following categories: ( a) income for which he has failed to furnish a return under section 139 of the Income-tax Act; or ( b) income which he has failed to disclose in a return of income filed by him under the Income-tax Act before 8-10-1975; or
