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 : Learn about TCS rules under Section 206C(1G) of the Income Tax Act for non-resident buyers of overseas tour packages and CBDT's ex...
CA, CS, CMA : Key updates from Income Tax, GST, DGFT, RBI, and more for the week ending 29th Dec 2024....
CA, CS, CMA : Review of significant legal, tax, GST, and SEBI updates during the week ending 22nd December 2024, including new guidelines and ju...
CA, CS, CMA : Explore tax & GST updates for Nov 25–Dec 1, 2024, including safe harbour for diamonds, GST e-invoicing, HC rulings, Section 194N...
CA, CS, CMA : Summary of key notifications in Income Tax, GST, SEBI, and IBBI regulations during the week of Nov 18-24, 2024, covering filing pr...
Income Tax : Learn about advance tax, who needs to pay it, due dates, payment methods, penalties, and exceptions. Understand advance tax instal...
Income Tax : The Institute of Cost Accountants of India seeks inclusion of Cost Accountants in the definition of "Accountant" under Section 515...
Income Tax : Government addresses Supreme Court judgment on tax exemptions for clergy and its implications on Hindu Undivided Families (HUFs) u...
Income Tax : Analysis of tax exemptions for individuals vs corporations, middle-class benefits, and the impact of measures under the new tax re...
Income Tax : Details on tax incentives for corporates, revenue loss since 2020, monitoring mechanisms, emerging sector benefits, and job creati...
Income Tax : Supreme Court reviews the Kakadia Builders case, addressing Settlement Commission's authority to waive interest under Sections 234...
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 : Learn about high-risk transaction case verification, assessment, and proceedings under Sections 148/148A on the Insight and ITBA p...
Income Tax : Learn about high-risk CRIU/VRU case verification, assessment, and proceedings under Sections 148/148A on the Insight and ITBA port...
Income Tax : Learn about suspected benami, undisclosed foreign assets, and TDS compliance cases assigned under Risk Management Strategy via the...
Income Tax : Delhi Building and Other Construction Workers Welfare Board receives tax exemption on cess, fees, and interest income under Sectio...
Income Tax : Details of the Lok Sabha Select Committee's sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence ...
Notification No.242/2005 – Income Tax S.O.1604(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 267(E), dated the 29th March, 1994 issued under sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 6, for administration and
Notification No.241/2005 – Income Tax S.O.1603(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 549(E), dated the 2nd July, 1998, issued under sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 3, for Purchase of equipments and
Notification No.240/2005 – Income Tax S.O.1602(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 471(E), dated the 26th May, 1995, issued under sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 13, for Expansion of outreach programmes for rural areas at neighbouring villages of Uttar Pradesh, Haryana and Rajasthan, by Ishwar Charitable Trust (Ishwar
Notification No.239/2005 – Income Tax S.O.1601(E).––Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O. 399(E), dated the 16th June, 1996, issued under sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961) the Central Government had specified at serial number 11, for Medical Relief project at
Notification No.238/2005 – Income Tax S.O.1600(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.471(E), dated the 26th May, 1995, issued under sub-section (1), read with clause (b) of the Explanation to, section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, for (a) Construction,, furnishing and running of free school and hostel for destitute and rural blind children; (b) Construction, furnishing and running of a rural Geriatric
Notification No.237/2005 – Income Tax S.O.1599(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.60(E), dated the 22nd January, 2003, issued under sub-section (1), read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 7, for Maintenance of animal
Notification No.236/2005 – Income Tax S.O.1598(E).—Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1273(E), dated the 9th December, 2002, issued under sub-section (1), read with clause (b) of the Explanation to section 35 AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 11, for Shraddha Rehabilitation
Notification No.235/2005 – Income Tax S. O. 1597(E).—:Whereas by notification of the Government of India in the Ministry of Finance (Department of Revenue) number S.O.1237(E), dated the 28th October, 2003, issued under, sub-section (1), read with clause (b) of the Explanation to section 35AC of the Income-tax Act, 1961 (43 of 1961), the Central Government had specified at serial number 1, for Construction of school and
this notification will not apply in relation to any income, being profits and gains of business, unless the business is incidental to the attainment of the objectives of the assessee and separate books of accounts are maintained in respect of such business.
Notification No.234/2005 – Income Tax It is hereby notified for general information that the organization Centre for Research in Rural & Industrial Development (CRRID), Sector 19A, Madhya Marg, Chandigarh-160 019 has been approved by the Central Government for the purpose of clause (iii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Income-tax Rules, 1962 for the
