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....
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Income Tax : The Institute of Cost Accountants of India seeks inclusion of Cost Accountants in the definition of "Accountant" under Section 515...
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Income Tax : Analysis of tax exemptions for individuals vs corporations, middle-class benefits, and the impact of measures under the new tax re...
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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...
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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. 332-Income Tax It is notified for general information that enterprise/industrial undertaking listed at para (3) below has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2001-2002, 2002-2003 and 2003-2004.
Notification No. 330-Income Tax In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies tax free bonds cumulative Tax-free bonds redeemable after 15 years, with a put/call option at the end of 7th, 8th, 9th, 10th, 11th, 12th, 13th and 14th year
Notification No. 331-Income Tax In exercise of the powers conferred by clause (iib) of the Proviso to section 193 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the “7.15% NHB Capital Gains Bonds, 2002” issued by the National Housing Bank, New Delhi for the purposes of the said clause
Notification No. 308-Income Tax It is notified for general information that enterprise listed at para (3) below, has been approved by the Central Government for the purpose of section 10(23G) of the Income-tax Act, 1961, read with rule 2E of the Income-tax Rules, 1962, for the assessment years 2002-2003, 2003-2004 and 2004-2005.
Notification No. 306-Income Tax In exercise of the powers conferred by section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the notification of the Government of India, Ministry of Finance, (Department of Revenue), Central Board of Direct Taxes bearing S.O. 732(E) dated 31st July, 2001
Notification No. 303-Income Tax In exercise of the powers conferred by the sub-clause (v) of clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Shree Saptashrung Nivasini Devi Trust, Saptashrung, Distt. Nashik” for the purpose of the said sub-clause for the assessment years 1995-96 to 1997-98 subject
Notification No. 298-Income Tax In exercise of the powers conferred to clause (23G) of section 10 of the Income tax Act, 1961, the Central Government hereby makes the following correction in the name of the enterprise approved vide Notification No. 192/2002 dated 30th July, 2002.
Circular No. 10 of 2002-Income Tax Section 195 of the Income-tax Act, 1961 provides that any person responsible for paying to a non-resident any sum chargeable under the Act shall, at the time of credit of such income to the account of the payee or at the time of payment thereof in cash or by cheque or draft or any other mode, whichever is earlier, deduct income-tax thereon at the rates in force.
Notification No. 293-Income Tax In exercise of the powers conferred by clause (23) of section 10 of the Income tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Poona District & Metropolitan Badminton Association, Pune” for the purpose of the said clause for the assessment years 1993-94 to 1995-96 subject to the following conditions
Notification No. 292-Income Tax In exercise of the powers conferred by sub-clause (iv) clause (23C) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the “Punjab Calamity Relief Fund, Punjab, Chandigarh” for the purpose of the said sub-clause for the assessment years 1991-92 to 1993-94 subject to the following conditions