The Central Board of Direct Taxes (CBDT) vide its Notification No 2/2022 [S.O. 90(E)] dated 07th January 2022 issues corrigendum to Notification No 139/2021 dated 28th December 2021 w.r.t. Faceless Appeal Scheme 2021. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi, the 7th January, 2022 INCOME-TAX S.O. 90(E).—In the
The Central Board of Direct Taxes (CBDT) vide its Notification No 129/2021 [S.O. 4584(E)] dated 01st November 2021 notifies the e-Settlement Scheme 2021 to settle the pending applications in respect of which the applicant has not exercised the option under sub-section (1) of section 245M of the Act and which has been allotted or transferred
The Central Board of Direct Taxes (CBDT) vide its Notification No 119/2021 [S.O. 4207(E)] dated 11th October 2021 exempts the certain person from the requirement of furnishing a return of incomeunder section 139(1) of the Income Tax Act, 1961 from assessment year 2021-2022 onwards. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the
The Central Board of Direct Taxes (CBDT) vide its Notification No 118/2021 [G.S.R. 713(E)] dated 1st October, 2021 notifies the rules for implementing the amendments made by the Taxation Laws (Amendment) Act, 2021. MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES), New Delhi G.S.R. 713(E).—In exercise of the powers conferred by clause
The Central Board of Direct Taxes (CBDT) vide its Notification No 117/2021 [G.S.R. 661(E)] dated 24th September 2021 amends the Rule 10TD of Income Tax Rules, 1962 to extend the validity of safe harbour rules for AY 2021-22. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th September,
The Central Board of Direct Taxes (CBDT) vide its Notification No 110/2021 [S.O. 3815(E)] dated 17th September 2021 notifies that no deduction of tax under section 194A of the Income Tax Act, 1961 on payment of interest by a scheduled bank located in a specified area to a member of Scheduled Tribe located in specified
The Central Board of Direct Taxes (CBDT) vide its Notification No 105/2021 [G.S.R. 623(E)] dated 10th September 2021 amends the Rule 11UAC. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th September, 2021 INCOME-TAX G.S.R. 623(E).—In exercise of the powers conferred by clause (XI) of the proviso to
The Central Board of Direct Taxes (CBDT) vide its Notification No 101/2021 dated 6th September 2021 inserted the new rule 14C under Income Tax Act 2021 regarding authentication of an electronic record under electronic verification code under sub-clause (b) of clause (i) of sub-section (7) of section 144B. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL
The Central Board of Direct Taxes (CBDT) vide its Notification No 96/2021 dated 01st September 2021 constitutes the Boards for Advance Rulings for the purposes of giving advance rulings under Chapter XIX-B of the Income Tax Act 1961 on or after the 1st day of September, 2021. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT
The Central Board of Direct Taxes (CBDT) vide its Notification No 92/2021 dated 10th August 2021 notifies the Rule 10RB for allowing relief in tax payable under sub-section (1) of section 115JB due to operation of subsection (2D) of section 115JB. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the