CBDT Circular No.19/2023 dated Oct,23 2023
CBDT has issued Circular giving relief to those companies which have opted lower rate of tax of 22% while filing tax return for AY 2021-22 but the benefit of this…
CBDT has clarification vide circular no. 17/2023
Section 13(3) requires auditor to furnish details of relative and details of concerns in which donor has substantial interest. In this regard, the CBDT has clarified vide circular no. 17/2023:…
CBDT to validate Unique Document Identification Number (UDIN) generated from ICAI portal at the time of upload of Tax Audit Reports
CBDT to validate Unique Document Identification Number (UDIN) generated from ICAI portal at the time of upload of Tax Audit Reports 26 NOV 2020 6:07PM by The Institute of Chartered…
Income Tax relief for home buyers
Income Tax relief for home buyers In case the declared purchase consideration of the land/building is less than the stamp value (circle rate) by up to 20%, there will be…
Aadhar can be linked after Return filing but to be done on or before 31st August 2017
F.No. 225/270/2017/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA.II Division New Delhi, the 31st July, 2017 Order under Section 119 of…
Notification of Ministry of Corporate Affairs under section 138 of Income Tax Act, 1961-reg
TO BE PUBLISHED IN THE GAZETTE OF INDIA,EXTRAORDINARY,PART II, SECTION 3, SUB-SECTION (ii) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the…
Issues on implementation of MAT provisions for Ind AS companies
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 25th July, 2017. Issues arising from the implementation of Minimum Alternate Tax…
CBDT to issue legal notice to taxpayers who haven’t responded to cash deposit verifications
CBDT to issue legal notice to taxpayers who haven’t responded to cash deposit verifications Income Tax: Issue of notice under section 133(6) of the Income Tax Act, 1961 for verification…
CBDT issues guidelines : verification of Cash transactions relating to demonetisation
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi Instruction No. 03/2017 Dated 21st of February, 2017 Subject: – Standard Operating…
Cost Inflation Index base Year 01-04-2001
Cost Inflation index base year 1-4-2001 Year Cost Inflation index 2001-02 100 2002-03 105 2003-04 109 2004-05 113 2005-06 117 2006-07 122 2007-08 129 2008-09 137 2009-10 148 2010-11…