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.
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 : When a financial transaction reported by a Source/Reporting Entity is not considered/included by the taxpayers in their Return of ...
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 : Stay ahead of tax compliance! Explore the latest Income Tax Return Forms (ITR Forms) notified by CBDT for A.Y. 2024-25. Get insigh...
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 : Read about Income Tax Notification No. 65/2024 dated 18th July, 2024, amending provisions under section 10 of the Income-tax Act, ...
Income Tax : Discover the latest amendment in Income Tax Notification No. 64/2024, extending the deadline to March 31, 2025. Learn about its im...
Income Tax : CBDT extends tax exemption deadline under Section 10(23FE) to March 31, 2025. Read the full details of Notification No. 63/2024 an...
Income Tax : Explore Notification No. 62/2024 issued by the Ministry of Finance, Department of Revenue, amending Income Tax Act provisions effe...
Income Tax : Explore Notification No. 61/2024 regarding Income Tax Amendment under the Income-tax Act, 1961, effective from 31st March, 2025. G...
Circular No.22D – Income Tax Officers will note that in the rate schedule applicable to individuals, Hindu undivided families, etc., the slab of Rs. 15,001 – Rs. 20,000 has been substituted by two slabs, namely, Rs. 15,000 – Rs. 17,500 and Rs. 17,501 – Rs. 20,000. Secondly, for all the slabs above Rs. 5,000 the rates have been slightly increased as compared to the rates prescribed in the Finance Act, 1961. Thirdly
Notification: S.O.2610 Central Government hereby accords approval to the Kreditanstalt fur Wiederaufbau (West German Bank for Reconstruction), West Germany, for the purposes of exemption from income-tax or super-tax on the interest payable by any industrial undertaking in India on moneys borrowed by it under a loan agreement entered into with the said foreign financial institution
In exercise of the powers conferred by section 295, of the INCOME-TAX ACT, 1961 (43 of 1961), the Central Board of Revenue hereby makes the following rules to amend the INCOME-TAX RULES, 1962, namely :—
In exercise of the powers conferred by sub-clause (iii) of clause 44 of section 2 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby authorises every Gazetted Officer of the Government of Orissa, appointed to perform the functions of a Certificate-Officer under clause (3) of section 3 of the Bihar and Orissa Public Demands Recovery Act, 1914 (Bihar and Orissa Act IV of 1914), to exercise the powers of a Tax Recovery Officer under the Income-tax Act, 1961.
In exercise of the powers conferred by sub-clause (iii) of clause 44 of section 2 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby authorises every Gazetted Officer of the Government of Bihar, appointed to perform the functions of a Certificate Officer under clause (3) of section 3 of the Bihar and Orissa Public Demands Recovery Act,
In exercise of the powers conferred by sub-section (iii) of clause (44) of section 2 of the Indian Income-tax Act, 1961 (43 of 1961), the Central Government hereby authorises every Gazetted Officer of the Government of West Bengal appointed to perform the functions of a Certificate-Officer under clause (3) of section 3 of the Bengal Public Demands Recovery Act, 1913 (Bengal Act III of 1913), to exercise the powers of a Tax Recovery Officer under the Income-tax Act, 1961
In exercise of the powers conferred by sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies Bharatiya Bhasha Parishad, Calcutta, for the purpose of the said sub-clause for the assessment years 1990-91 to 1992-93 subject to the following conditions, namely
It is hereby notified for general information that the institution mentioned below has been approved by the Secretary, Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6(iv) of the Income-tax Rules, 1962, under the category of “Association” in the area of other natural and applied sciences, subject to the following conditions :—