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 : 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 : The Vivad Se Vishwas Scheme 2024 simplifies tax dispute resolution, offering discounts and waivers to reduce litigation burden. Se...
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 : Out of 3.94 crore valid ITRs for AY 2024-25, refunds were processed for 3.68 crore. Reasons for delays include invalid bank detail...
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 : Details of the Lok Sabha Select Committee's sittings on March 6-7, 2025, to examine the Income-Tax Bill, 2025, with oral evidence ...
Income Tax : CBDT updates income tax rules and forms for business and securitization trusts. Notification 17/2025 amends Rules 12CA & 12CC, imp...
Income Tax : Key updates on income tax deduction from salaries under Section 192 for FY 2024-25, including amendments, surcharge rates, and new...
Income Tax : CBDT extends the due date for filing Form 56F under Section 10AA(8) and 10A(5) of the Income-tax Act, 1961, to March 31, 2025, for...
Income Tax : The Central Government notifies Punjab RERA for tax exemption under Section 10(46A) of the Income-tax Act, effective from the 2024...
CBDT has notified vide Notification No. 37/2022-Income Tax, additional conditions under section 139(1) of Income Tax Act 1961 for compulsory return filing which are as follows:- (i) if his total sales, turnover or gross receipts, as the case may be, in the business exceeds sixty lakh rupees during the previous year; or (ii) if his […]
CBDT notifies SEEPZ Special Economic Zone Authority under Section 10(46) of Income Tax Act, 1961 vide Notification No. 36/2022-Income Tax, Dated: 20.04.2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 20th April, 2022 Notification No. 36/2022-Income Tax S.O. 1882(E).— In exercise of the powers conferred by clause (46) of […]
CBDT notifies Gujarat Real Estate Regulatory Authority under Section 10(46) of Income Tax Act, 1961 vide Notification No. 35/2022-Income Tax, Dated: 20.04.2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 20th April, 2022 Notification No. 35/2022-Income Tax S.O. 1881(E).—In exercise of the powers conferred by clause (46) of section […]
CBDT notifies Sharada Institute of Indian Management Research Foundation Trust under section 35(1)(iii) read with rules 5C and 5E of the Income-tax Rules, 1962 vide Notification No. 33/2022-Income Tax Dated- 19th April, 2022. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 19th April, 2022 Notification No. 33/2022-Income Tax S.O. 1875(E).—In […]
Vide Notification No. 34/2022-Income Tax, Dated: 19.04.2022 CBDT designates Court in the State of Kerala as the Special Court for the purposes of section 280A(1) of Income-tax Act, 1961 and section 84 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF […]
Vide Notification No. 32/2022-Income Tax, Dated: 19.04.2022 CBDT designates Court in the State of Uttar Pradesh as the Special Court for the purposes of section 280A(1) of Income-tax Act, 1961 and section 84 of Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD […]
Office Order No. 82 of 2022, Dated: 18.04.2022- 363 transfer/postings of the officers in the grade of Joint Commissioner/Additional Commissioner of Income Tax. F.No. A-22012/1/2022-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 18.04.2022 Office Order No. 82 of 2022 The following […]
Office Order No. 80 of 2022, Dated: 18.04.2022 – 59 Officers are promoted to the grade of Principal Commissioner of Income Tax (Pr. CIT) F. No. A-32011/512020-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North Block, New Delhi, The 18th April, 2022. Office Order No. 80 of […]
Office Order No. 79 of 2022, Dated: 18 April 2022 – 17 Officers are promoted to the grade of Chief Commissioner of Income Tax (CCIT) F. No. A-32011/5/2021-Ad.VI Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** North Block, New Delhi, The 18th April, 2022. Office Order No. 79 […]
CBDT notifies National Bank for Financing Infrastructure and Development (NBFID) under section 10(48D) of Income Tax Act, 1961 vide Notification No. 31/2022 – Income Tax Dated: 18th April, 2022. MINISTRY OF OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 18th April, 2022 Notification No. 31/2022 – Income Tax S.O. 1825(E).—In exercise […]