Latest Income Tax Circulars issued by CBDT (2018-2019)

List of Latest Income Tax (IT) Circulars issued by CBDT during 2018-2019

List of latest Income Tax (IT) Circulars 2018-2019 issued by the Central Board of Direct Taxes (CBDT) for amendments in the provisions under the Income Tax Act/ Rules (download pdf copy):

IT Circular No./ Date/ Description
For Latest Circulars/ Notifications, please visit CA Club Updates Page, as this section is updated later
CBDT Circular 29/2019 Income Tax dt. 2 Oct. 2019CBDT clarifies issues relating to allowability of brought forward loss (on account of additional depreciation) and MAT credit in the case of domestic companies exercising option for lower tax rate u/s 115BAA.
CBDT Circular 28/2019 Income Tax dt. 27 Sept. 2019CBDT extends due date for filing of Form 10B from 30 sept. 2019 to 31 March 2020 in respect of AY 2016-17 and 2017-18.
CBDT Circular 27/2019 Income Tax dt. 26 Sept. 2019CBDT issues guidelines for conducting electronic assessments during financial year 2019-20 through ‘E-Proceeding’ facility
CBDT Circular 26/2019 Income Tax dt. 26 Sept. 2019: CBDT issues further 9 Clarifications on Filling Up of new Income Tax Return (ITR) forms applicable for FY 2018-19/ AY 2019-20.
CBDT Circular 21/2019 Income Tax dt. 27 Aug. 2019CBDT issues further 2 Clarifications on Filling Up of new Income Tax Return (ITR) forms applicable for FY 2018-19/ AY 2019-20.
CBDT Circular 18/2019 Income Tax dt. 8 Aug. 2019CBDT issues 19 Clarifications on Filling Up of new Income Tax Return (ITR) forms applicable for FY 2018-19/ AY 2019-20.
CBDT Circular 5/2019 Income Tax dt. 5 Feb. 2019CBDT decides that monetary limits for filing of appeals in Income tax cases shall also apply to Wealth Tax appeals/ matters.
CBDT Circular 4/2019 Income Tax dt. 28 Jan. 2019CBDT clarifies that ‘Official Assignees (OA)’ are different from ‘Representative Assessees (RA)’. Further, that OA shall have the Status of an ‘Artificial Juridical Person (AJP) under the Income Tax Act, 1961 who is liable to obtain PAN and File ITR in respect of the income from Estate of the Insolvent vested in him.
CBDT Circular 1/2019 Income Tax dt. 1 Jan. 2019: CBDT issued Guidelines/ Circular on ‘Income Tax Deduction from Salary (i.e. TDS on Salary)’ u/s 192 of Income Tax Act, 1961 in respect of FY 2018-19 (AY 2019-20). Further, CBDT has issued Corrigendum 1 & 2 to this Circular subsequently.
CBDT Circular 9/2018 Income Tax dt. 26 Dec. 2018: CBDT extends due date for furnishing of report u/s 286(4).
CBDT Circular 8/2018 Income Tax dt. 26 Dec. 2018CBDT issues “Explanatory Notes to the Provisions of Finance Act, 2018.
CBDT Circular 7/2018 Income Tax dt. 20 Dec. 2018Condonation of delay under IT section 119(2)(b) in filing of Form no. 10 and Form No. 9A for AY 2016-17.
CBDT Circular 6/2018 Income Tax dt. 17 Aug. 2018: CBDT defers implementation of reporting requirements under ‘clause 30C pertaining to GAAR’ and ‘clause 44 pertaining to GST’ of the Revised Form 3CD upto 31 March 2019, notified on 20 July 2018 (applicable from 20 Aug. 2018).
CBDT Circular 5/2018 Income Tax dt. 16 Aug. 2018: CBDT Clarification on Immunity provided to an Assessee u/s 270AA of Income-tax Act, 1961, i.e. grant of immunity by AO from penalty, etc. proceedings for any assessment year shall not preclude such assessee from contesting the same issue in any earlier assessment year.
CBDT Circular 4/2018 Income Tax dt. 14 Aug. 2018CBDT Clarification on Computation of admissible deduction u/s 10A of the Income Tax Act, 1961.
CBDT Circular 3/2018 Income Tax dt. 11 July 2018: CBDT raises threshold monetary limits for filing Departmental Appeals before Appellate Tribunal (ITAT)/ HC/ SC. Frther, it may be noted that CBDT has amended Para 10 of the Income Tax Circular No. 3 of 2018 dt. 11 July 2018 vide Corrigendum dt. 20 Aug.2018 to CBDT Circular 3/2018 Income Tax dt. 11 July 2018
CBDT Circular 1/2018 Income Tax dt. 10 Jan. 2018: CBDT prescribes procedure for Processing of ITRs (1~6) u/s 143(1)(a)(vi), i.e. relating to adjustment/ addition of income appearing in Form 26AS/ Form 16A/ Form 16 which has not been included in computing the total income as per the ITR.

For Official copy of the CBDT’s Income Tax Circulars 2019, please visit the Source website:

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