Tag: CBDT
CBDT condones delay in filing Form 10-IC for AY 2021-22 to provide relief to domestic companies from delay, subject to conditions like filing ITR on time.
CBDT amends IT rules retrospectively from July 2021, inserts Rule 16D and Form 56F for claiming deduction under Section 10AA, to streamline process of availing SEZ deduction.
The CBDT has issued new rules relaxing PAN requirements for non-resident and foreign companies transacting with IFSC banking units in India. Key changes explained.
CBDT notifies new IT Rule 21AHA for cooperative societies to opt for 15% concessional tax rate u/s 115BAE and specifies eligibility, procedure to exercise option, and conditions.
CBDT issues notification with new rules for audit report u/s 142(2A)(i) in Form 6B and inventory valuation report u/s 142(2A)(ii) in Form 6D along with guidelines for remuneration.
CBDT extends due dates for Form 10B/10BB and ITR-7 (AY 2023-24) due to challenges faced by entities under sections 10(23C) and 12A. New deadlines: 10B/10BB - Oct 31, 2023, …
Explore the tweet by Income Tax Department about the requirement of validated bank account for expediting refunds to taxpayers.
Explore the role of India's Advance Pricing Agreement (APA) Programme in alleviating tax/TP disputes by offering clarity & certainty to multinational corporations.
Explore CBDT Notification 73/2023 regarding procedure under New I-T Rule 134 for Claiming Credit of TDS u/s 155(20) in Form 71.
Explore CBDT Notification 70/2023 about new I-T Rules 13 and 13A, as well as new I-T Forms 6C and 6CA under Income-tax Rules, 1962.