CBDT Circular No. 2/2024 dated 5 March 2024: Time Extension for Trusts or Institutions to rectify Audit reports of AY 2023-24 on or before 31 March 2024 by using correct form 10B/10BB as prescribed. Listen the Circular: For funds, institutions, …
According to CBDT Order Dated 1 march 2024, all electronically filed valid returns for AY 2021-22 with refund claims, for which the date of sending intimation has lapsed, can now be processed. In a recent development, the Central Board of …
CBDT Notification No. 22/2024 Dated 21 February 2024: Corrigendum to Notification 19/2024 Bringing Further Changes in ITR Form 2, 3 & 5 The Central Board of Direct Taxes (CBDT) issued Notification No. 22/2024 on Dated 21 February 2024, as a …
Learn about the announcement by the Central Board of Direct Taxes (CBDT) where taxpayers with pending tax demands up to Rs.1 Lakh can benefit from remission and extinguishment of their tax liabilities In a recent move aimed at providing relief …
CBDT Press Release about Release of Almost all ITR Forms for FY 2023-24 In a recent press release on February 2, 2024, the Central Board of Direct Taxes (CBDT) has officially announced the release of all Income Tax Return (ITR) …
Income Tax (First Amendment) Rules 2024: CBDT Notification 16/2024 CBDT Notification 16/2024, issued on January 24, 2024, marks a significant update from the Central Board of Direct Taxes. This notification brings forth changes to the Income Tax Return (ITR) Form …
CBDT Press Release Dated 23 January 2024: Direct Tax Statistics for Financial Year 2022-23 In a recent development, the Central Board of Direct Taxes (CBDT) has unveiled crucial statistics regarding Direct Tax collections and administration for the financial year 2022-23 …
CBDT Circular 1/2024 Dt 23 January 2024 – Circular Providing Explanatory Notes on the Provisions of Finance Act 2023 In a significant update on 23rd January 2024, the Central Board of Direct Taxes (CBDT) released Circular No. 1/2024, providing detailed …
CBDT Notification No. 5/2024 Dated. 4 January 2024 – Corrigendum CBDT Notification 5/2024: In the notification of the Government of India, in the Ministry of Finance (Department of Revenue) No. 89/2023/F.No.500/PF11/S10(23FE)/FT&TR-II(2), dated 13.10.2023, published in Part-II, Section 3, Sub-section (ii) …
CBDT Notification No. 4/2024 dated. 4 January 2024 CBDT Notification 4/2024: In a recent development, the Central Government, exercising its authority under sub-clause (ii) of clause (4G) of section 10 of the Income-tax Act, 1961 (43 of 1961), has issued …
CBDT Notifies Amendment in Safe Harbour Rules for International Transactions – Notification No. 104/2023 Dated 19th December 2023 The Central Board of Direct Taxes (CBDT) vide its Notification No.104/2023 Dated. 19th December 2023 has notified some amendment in Rule 10TA …
CBDT Notification F.No.225/132/2023/ITA-II: Time Limit for Processing of Valid ITRs of AY 2018-19, 2019-20 & 2020-21 extended to 31.01.2024 The Central Board of Direct Taxes (CBDT) has issued direction to Income Tax Authorities vide its Notification No. F. No.225/132/2023/ITA-II dated …
Central Government Specifies Dy Director General (Tech Development Dvn) UIDAI as Authority for Disclosure of Information Respecting Assessees: CBDT Notification No. 99/2023 Dated. 20 November 2023 The Central Board of Direct Taxes (CBDT) vide its Notification No. 99/2023 Dated. 20 …
CBDT Notification No. 94/2023- Form ITR-7 Changed for AY 2023-24 CBDT Notification No. 94/2023: The Central Board of Direct Taxes (CBDT) vide its Notification No.94/2023 Dated. 31st October 2023 has notified some amendment in Form ITR-7 in PART-B, for the …
CBDT Circular No.19/2023 Dated. 23 October 2023: Due Date Extended CBDT Circular 19/2023: Many of the domestic companies had failed to file Form No. 10 IC for AY 2021-22 within due time as required under Rule 21AE of the Income …
Introduction The Central Board of Direct Taxes (CBDT) vide its Notification No.88/2023 Dated.10th October 2023 has notified some amendments in Rules 114B, 114BA and 114BB of the Income Tax Rules 1962. These Rules may be called the Income Tax (Twenty …
CBDT Circular No. 17/2023 In a recent development, the Central Board of Direct Taxes (CBDT) released Circular No.17/2023 on 9th October 2023, bringing important clarifications on compliance obligations for charitable and religious entities in respect of filing their audit report …
Introduction: CBDT Notifies I-T (22nd Amendment) Rules 2023 The Central Board of Direct Taxes (CBDT) recently introduced significant amendments through its Notification No-82/2023 dated September 27, 2023, titled the Income Tax (Twenty Second Amendment) Rules 2023. These amendments brought by …
Extract of the Notification-79/2023Â NBFC Classification for the Purpose of Section 43D: The Central Board of Direct Taxes (CBDT) has recently issued a crucial notification, Number 79/2023 dated September 22, 2023. This notification pertains to the classification of Non-Banking Financial …
Extract of the CBDT Notification-80/2023Â The Central Board of Direct Taxes (CBDT) recently issued an important notification, Number 80/2023 dated September 22, 2023, pertaining to the classification of Non-Banking Financial Companies (NBFCs) for the purpose of clause (da) of section …