The Central Board of Direct Taxes has vide its Notification No 28/2021 dated 01st April 2021 notify the amendment in Tax Audit Report under section 44AB of the Income Tax Act, 1961. As per the said notification following changes has been done in the Tax Audit Report:- Tax Audit Report can be revised if any
The Central Board of Direct Taxes (CBDT) has extended the time limit for issuance of notice under section 148 of the Income-tax Act, 1961 vide its notification no 20/2021 dated 31st March 2021. The full text of the notification is as follows:- MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 31st March 2021 S.O. 1439(E). —In exercise of the powers conferred by sub-section (6C) of section 250 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby amends the notification of the Government of India, Ministry of Finance
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 25th September, 2020 (INCOME-TAX) S.O. 3296(E).—In exercise of the powers conferred by sub-section (6B) of section 250 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following Scheme, namely:- 1. Short title and commencement.––(1) This
The Central Board of Direct Taxes (CBDT) has vide its notification no 26/2021 dated 31st March 2021 amend the Faceless Appeal Scheme 2020. Before Amendment After Amendment (xviii) “National e-Assessment Centre” shall mean the National e-Assessment Centre set up under scheme notified under sub-section 3A of section 143 of the Act; ‘(xviii) “National Faceless Assessment
The Central Board of Direct Taxes (CBDT) vide its Notification No 7/2021 dated 17th February 2021 notify the revised procedure for Faceless Assessment. The full text of the notification is as follows:- NOTIFICATION New Delhi, the 17th February, 2021 S.O. 742(E).—In exercise of the powers conferred by sub-section (3B) of section 143 of the Income-tax
The Central Board of Direct Taxes (CBDT) vide its Notification No 03/2021 dated 12th January 2021 issues the direction for giving effect to Faceless Penalty Scheme 2021 made under sub-section (2A) of section 274 of the Income Tax Act 1961. The full text of the notification is as follows:- MINISTRY OF FINANCE (Department of Revenue)
The Central Board of Direct Taxes (CBDT) vide its Notification No 02/2021 dated 12th January 2021 notify the Faceless Penalty Scheme 2021 under Income Tax Act, 2021. The full text of the notification is as follows:- MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 12th January 2021 (INCOME-TAX)
The Central Board of Direct Taxes (CBDT) vide its Notification No 1/2021 dated 6th January 2021 designates the Court of Chief Judicial Magistrate, West Tripura Judicial District, Agartala as the Special Court for the State of Tripura for the purposes of the sub-section (1) of section 280A of the Income-tax Act, 1961. The full text
