![PAN not Required for Deposits Withdrawals Opening Current Account or Cash Credit Account by Govt or Consulate Offices: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/PAN-Deposits-Withdrawals-Opening-Current-Account-Cash-Credit-Account-Govt-Consulate-Offices-CBDT-taxscan.jpeg "PAN not Required for Deposits Withdrawals Opening Current Account or Cash Credit Account by Govt or Consulate Offices: CBDT [Read Notification]")
PAN not Required for Deposits Withdrawals Opening Current Account or Cash Credit Account by Govt or Consulate Offices: CBDT [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified that the Permanent Account Number (PAN) is not required for deposits/withdrawals/opening...
![CBDT notifies Income Tax Exemption for CPPIB India Private Holdings Inc. on eligible Investment Made in India [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/CBDT-Income-Tax-Exemption-CPPIB-India-Private-Holdings-Inc-Investment-Made-in-India-taxscan.jpeg "CBDT notifies Income Tax Exemption for CPPIB India Private Holdings Inc. on eligible Investment Made in India [Read Notification]")
![No Income Tax on Compensation received for Compulsory Acquisition of Land by Govt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-tax-compensation-acquisition-of-land-Govt-ITAT-taxscan.jpg "No Income Tax on Compensation received for Compulsory Acquisition of Land by Govt: ITAT [Read Order]")
![CBDT notifies Andhra Pradesh Pollution Control Board eligible for Income Tax Exemption [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/CBDT-Andhra-Pradesh-Pollution-Control-Board-Income-Tax-Exemption-taxscan.jpg "CBDT notifies Andhra Pradesh Pollution Control Board eligible for Income Tax Exemption [Read Notification]")
CBDT amends Income Tax Rules in case of Refund for Denying TDS Liability: Notifies Form No. 29D [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the rules relating to the refund for denying the TDS liability under section 239A of the Income Tax Act, 1961 and have inserted a new Form No....
![CBDT amends Income Tax Rules in case of Refund for Denying TDS Liability: Notifies Form No. 29D [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/CBDT-Income-Tax-Rules-Refund-TDS-Liability-Form-No.-29D-taxscan.jpg "CBDT amends Income Tax Rules in case of Refund for Denying TDS Liability: Notifies Form No. 29D [Read Notification]")
![TCS on Overseas Tour Program Packages Not Applicable to Non-Resident Buyers: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/TCS-Tour-Program-Packages-Non-Resident-Buyers-CBDT-taxscan.jpeg "TCS on Overseas Tour Program Packages Not Applicable to Non-Resident Buyers: CBDT [Read Notification]")
Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Income-tax (27thAmendment) Rules, 2022 and amended rule 128, for sub-rule (9) allowing filing of form 67 furnished even after the due date of...
![Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Rules-Foreign-Tax-Credit-Form-67-taxscan.jpg "Income Tax Rules Amended to allow Foreign Tax Credit even with Delayed filing of Form 67 [Read Notification]")
Income Tax Dept tightens Rules for Trusts: Books of Accounts to be Maintained to claim Exemption [Read Notification]
In a move to tighten the rules for the Trusts and curb tax evasion, the Central Board of Direct Taxes (CBDT) has notified a list of documents to get the list of documents to avail the income tax...
![Income Tax Dept tightens Rules for Trusts: Books of Accounts to be Maintained to claim Exemption [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/08/Income-Tax-Dept-Trusts-Books-of-Accounts-Exemption-taxscan.jpg "Income Tax Dept tightens Rules for Trusts: Books of Accounts to be Maintained to claim Exemption [Read Notification]")
No SoP/Instructions/Guidelines by CBDT for Completion of Assessment of Gems and Jewellery Sector: CAG
The Comptroller and Auditor General of India (CAG), in its report tabled before the Parliament, has stated that there is no Standard Operating Procedure (SOP) or instructions/ guidelines has been...
![Mother-in-Law includable as Family Members: ITAT deletes Addition on Excess Gold [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Family-members-ITAT-Gold-taxscan.jpg "Mother-in-Law includable as Family Members: ITAT deletes Addition on Excess Gold [Read Order]")
Ex-Gratia Payment to Employee for Covid-19 Treatment not to be Taxed As 'Perquisite': CBDT Notifies Amendment
The Central Board of Direct Taxes (CBDT) has notified that the ex-gratia payment to the employees by the employer for the treatment of covid-19 shall not be treated as “perquisite” under the Income...
