Non Residents having Income from Transfer of Capital Asset referred to Sec. 47(viiab) Exempt from obtaining PAN: CBDT
The Central Board of Direct Taxes (CBDT) notified the conditions to be fulfilled by Foreign Investors making transactions in a capital asset. The...
![Digital Tax Threshold fixed at 2 Crores and 3 Lakh Users: CBDT Amends Rules relating to Indirect Transfer Provisions [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/Digital-Tax-Threshold-CBDT-Amends-Rules-Indirect-Transfer-Provisions-Taxscan.jpeg "Digital Tax Threshold fixed at 2 Crores and 3 Lakh Users: CBDT Amends Rules relating to Indirect Transfer Provisions [Read Notification]")
![CBDT extends deadline for various Income Tax Compliances due to COVID-19 Pandemic [Read Circular]](https://www.taxscan.in/wp-content/uploads/2021/05/CBDT-extends-deadline-Income-Tax-Compliances-COVID-19-Pandemic-taxscan.jpeg "CBDT extends deadline for various Income Tax Compliances due to COVID-19 Pandemic [Read Circular]")
![Scrapping of Income Tax Commission: Govt notifies Form to withdraw Pending Applications [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/05/CBDT-Income-Tax-Settlement-Commission-Form-No.jpg "Scrapping of Income Tax Commission: Govt notifies Form to withdraw Pending Applications [Read Notification]")
CBDT extends Time Limit for Amount payable under Direct Tax Vivad se Vishwas Act, 2020 [Read Notification]
In the wake of CoronaVirus Pandemic, the Central Board has decided that time for payment of amount payable under the Direct Tax Vivad se Vishwas Act, 2020, without an additional amount, shall be...
![CBDT extends Time Limit for Amount payable under Direct Tax Vivad se Vishwas Act, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-extends-time-limit-Direct-Tax-Vivad-se-Vishwas-Act-Taxscan.jpeg "CBDT extends Time Limit for Amount payable under Direct Tax Vivad se Vishwas Act, 2020 [Read Notification]")
![CBDT extends Time Limit for Income Tax Assessment [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-extends-time-limit-Income-Tax-Assessment-Taxscan.jpg "CBDT extends Time Limit for Income Tax Assessment [Read Notification]")
CBDT notifies Conditions for Pension Fund for Exemption under Sec 10(23FE) and substitutes Form No. 10BBA [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the conditions for the pension fund for exemption under section 10(23FE) and substituted Form No. 10BBA. The Board notified the Income-tax (11th...
![CBDT notifies Conditions for Pension Fund for Exemption under Sec 10(23FE) and substitutes Form No. 10BBA [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-pension-fund-exemption-section-1023FE-Form-No.-10BBA-Taxscan.jpeg "CBDT notifies Conditions for Pension Fund for Exemption under Sec 10(23FE) and substitutes Form No. 10BBA [Read Notification]")
CBDT allows Income Tax Deduction to Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad
The Central Board of Direct Taxes (CBDT) allowed the deduction under section 80G to Maa Umiya Temple managed by Vishv Umiya Foundation at Jaspur, Ahmedabad. “In the exercise of the powers...
Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]
The Income Tax Appellate Tribunal (ITAT), Hyderabad Bench in relief to HSBC Electronic Data Processing deleted the addition on account of unrealized hedging loss on forwarding contracts made by...
![Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/HSBC-Electronic-Data-Processing-ITAT-forward-contracts-AO-Taxscan.jpg "Relief to HSBC Electronic Data Processing: ITAT deletes Addition on account of Unrealized Hedging Loss on Forward Contracts made by AO [Read Order]")
CBDT notifies Tax Exemption for ‘Canada Pension Plan Investment Board’ u/s 10(23FE) on eligible Investment made in India [Read Notification]
The Central Board of Direct Taxes (CBDT) specified the ‘Canada Pension Plan Investment Board’, as the specified person for the purposes of sub-clause (iv) of clause (c) of the Explanation 1 to clause...
![CBDT notifies Tax Exemption for ‘Canada Pension Plan Investment Board’ u/s 10(23FE) on eligible Investment made in India [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-tax-exemption-Canada-Pension-Plan-Investment-Board-eligible-investment-made-in-India-Taxscan.jpeg "CBDT notifies Tax Exemption for ‘Canada Pension Plan Investment Board’ u/s 10(23FE) on eligible Investment made in India [Read Notification]")
