CBDT clarifies provisions relating to charitable and religious trusts
Circular No. 6 of 2023, issued by the Central Board of Direct Taxes, Ministry of Finance, Government of India, provides...
Circulars
Section 194BA – TDS on Winnings from online games – CBDT Clarifies
Circular No. 5 of 2023, issued by the Central Board of Direct Taxes (CBDT), provides guidelines for the implementation of...
Clarification w.e.f. 05-04-2023 on Section 192 of the Income Tax Act: Salary TDS
Section 192 of the Income Tax Act, 1961 is applicable to all employers who are responsible for deducting tax at...
Rules for Manner of making PAN inoperative applicable from 01.07.2023
Rule 114AAA of the Income-tax Rules, 1962 related to Manner of making permanent account number (PAN) inoperative is applicable from...
Extension of time limit for compliance under section 54 to 54GB
F. No. 225/ 49/2021-ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,...
Section 269SU: Banks to Refund charges received on or after 01.01.2020
Circular No.16/2020 F .No .370142/35/2019-TPL-Pt Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****...
Sovereign Wealth Fund notified | Section 10(23FE) | Income Tax
Circular No. 15 of 2020 F No 370142/26/2020-TPL Government 0 f India Ministry of Finance Department of Revenue Central Board...
CBDT issues Clarification on Notification Issued under erstwhile Section 194N
CBDT vide Circular No. 14/2020 dated 20.07.2020 clarified that clause (v) of proviso to section 194N had empowered the Central...
Cash Transaction Reports Sharing between CBDT & FIU-IND
Order under section 138(1)(a) of the Income-tax Act, 1961 for sharing of Information between CBDT and FIU-IND for effective processing...
CBDT allows one-time relaxation for e-filed ITR verification of last 5 Years (A.Y. 2015-16 to 2019-20)
One-time relaxation for Verification of tax-returns for the Assessment years 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20 which are pending due...