![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 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....
![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]](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]")
CBDT notifies Format, Procedure and Guidelines for submission of SFT for Dividend income [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the Format, Procedure, and Guidelines for submission of Statement of Financial Transactions (SFT) for Dividend income. Section 285BA of the Income...
![CBDT notifies Format, Procedure and Guidelines for submission of SFT for Dividend income [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-SFT-Dividend-income-Taxscan.jpg "CBDT notifies Format, Procedure and Guidelines for submission of SFT for Dividend income [Read Notification]")
CBDT notifies Format, Procedure and Guidelines for submission of SFT for Interest Income [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for interest income. Section 285BA of the Income...
![CBDT notifies Format, Procedure and Guidelines for submission of SFT for Interest Income [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-Format-Procedure-and-Guidelines-for-submission-SFT-Interest-income-Taxscan.jpeg "CBDT notifies Format, Procedure and Guidelines for submission of SFT for Interest Income [Read Notification]")
Income Tax: CBDT notifies Norway Based Fund 'Norfund' as Sovereign Wealth Fund for exemption u/s 10(23FE) [Read Notification]
The Central Board of Direct Taxes (CBDT) notified the Norway Based Fund “Norfund” as a sovereign wealth fund for exemption under section 10(23FE) of the Income Tax Act. The Board empowered under...
![Income Tax: CBDT notifies Norway Based Fund Norfund as Sovereign Wealth Fund for exemption u/s 10(23FE) [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-Norway-Based-Fund-Norfund-sovereign-wealth-fund-for-exemption-Taxscan.jpeg "Income Tax: CBDT notifies Norway Based Fund Norfund as Sovereign Wealth Fund for exemption u/s 10(23FE) [Read Notification]")
CBDT relaxes norms in Form No. 10BBA to be satisfied by Pension Fund to become eligible for Exemption [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified Form No. 10BBA in respect of Application for Pension Fund and investment in terms of clause (23FE) of section 10 of the Income-tax Act, 1961. ...
![CBDT relaxes norms in Form No. 10BBA to be satisfied by Pension Fund to become eligible for Exemption [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-Pension-Fund-eligible-for-Exemption-Taxscan.jpeg "CBDT relaxes norms in Form No. 10BBA to be satisfied by Pension Fund to become eligible for Exemption [Read Notification]")
Income Tax: Computation of Books Profit invalid where Gross Taxable Income and Total income are Nil, rules ITAT [Read Order]
The Kolkata Bench of the Income Tax Appellate Tribunal (ITAT) has held that the computation of Books Profit under section 115JB of the Income Tax Act is not warranted where Gross Taxable Income,...
![Income Tax: Computation of Books Profit invalid where Gross Taxable Income and Total income are Nil, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/04/Computation-of-Books-Profit-Gross-Taxable-Income-Total-income-ITAT-Taxscan.jpeg "Income Tax: Computation of Books Profit invalid where Gross Taxable Income and Total income are Nil, rules ITAT [Read Order]")
CBDT issues Approval for notifying Commissioners of Income Tax (Appeals) to exercise jurisdiction post Faceless Appeal Scheme, 2020 [Read Notification]
The Central Board of Direct Taxes (CBDT) issued the approval for notifying Commissioners of Income-tax (Appeals) to exercise jurisdiction over appeals in cases pertaining to Direct Taxes or Direct...
![CBDT issues Approval for notifying Commissioners of Income Tax (Appeals) to exercise jurisdiction post Faceless Appeal Scheme, 2020 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-Commissioners-of-Income-tax-Appeals-exercise-jurisdiction-Faceless-Appeal-Scheme-Taxscan.jpg "CBDT issues Approval for notifying Commissioners of Income Tax (Appeals) to exercise jurisdiction post Faceless Appeal Scheme, 2020 [Read Notification]")
![CBDT notifies Amendment in manner of Furnishing of Report by International Group [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/04/CBDT-Amendment-furnishing-of-report-international-group-Taxscan.jpeg "CBDT notifies Amendment in manner of Furnishing of Report by International Group [Read Notification]")