Tag: CBDT
CBDT has issued Notification 2/2024 to clarify the timeline of 30 days for verification after uploading the ITR, effective 01/04/2024.
CBDT has issued Order dated 1/03/2024 which allows filing of modified income tax return (ITR) to companies reorganized before 1 April 2022 pursuant to orders from authorities like NCLT.
The Income Tax Department has initiated an e-campaign for individuals/entities with substantial financial transactions during FY 2023-24 for accurate advance tax liability calculation.
CBDT has notified that no TDS is required to be deducted on specified payments made to IFSC Units effective from April 1, 2024, vide Notification 28/2024
CBDT extends Form 26QE filing due date to 30.05.2023 for TDS on virtual digital asset transfers from 01.07.2022 to 28.02.2023, vide Circular 4/2024.
CBDT issued circular clarifying tax exemption provisions for trusts/institutions donating to others under Income Tax Act, addressing concerns over 85% application rule.
CBDT notifies Income-tax (4th Amendment) Rules, 2024, updating Form 3CD & 3CEB, introducing new reporting for specified domestic transactions u/s 115BAE, and revising Form 65 requirements for IFSC units.
CBDT has extended the timeline up to 31st March 2024 to furnish the audit report in the applicable Form 10B or 10BB for AY 2023-24 in the case of …
CBDT notifies revised Income Tax Return Form (ITR 7) under Section 139 of the Income Tax Act, 1961, in respect of AY 2024-25, vide Notification 24/2024.
CBDT has issued notification specifying income tax forms like 3CED, 3CEE, 3CEFA, 3CT, 1088A, 1088C, 10FA, 34F to be mandatorily filed electronically from April 1, 2024.