Claims on Cess and Surcharge paid on Income Tax: Decoding Rule 132 of Income Tax Rules
On 01.10.2022, the Central Board of Direct Taxes (CBDT), through notification 111/2022, inserted the provision for Application for recomputation of...
![Norges Bank on Account of the Govt Pension Fund Global Eligible for Income Tax Exemption for Specified Wealth Fund: CBDT [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/10/Norges-Bank-Account-Government-Global-Eligible-Income-Tax-Specified-Wealth-Fund-TAXSCAN-1.jpg "Norges Bank on Account of the Govt Pension Fund Global Eligible for Income Tax Exemption for Specified Wealth Fund: CBDT [Read Notification]")
No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]
The Central Board Of Direct Taxes (CBDT), ITA –II division, Dept. of Revenue, Ministry Of Finance, New Delhi, has recently issued guidelines clarifying that when a return has been furnished in...
![No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/Compulsory-Scrutiny-Income-Tax-Return-CBDT-taxscan.jpg "No Compulsory Scrutiny when Income Tax Return Furnished u/ s 142(1) based on Departmental Information: CBDT issues Guidelines [Read Circular]")
CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]
The Central Board of Direct Taxes ( CBDT ) has extended the deadline for filing modified Income Tax Returns in Form ITR-A by a successor company u/s 170A of the Income Tax Act from September 30th to...
![CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Income-Tax-Return-Form-ITR-A-taxscan.jpg "CBDT extends deadline for filing of modified Income Tax Return in Form ITR-A by a Successor Company [Read Circular]")
CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the amended rules to insert new provision Rule 12AD for the return of income filed by a successor entity to a business reorganization in Form...
![CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-E-filing-Income-Tax-Return-Business-Reorganization-ITR-A-taxscan.jpg "CBDT notifies Rules for E-Filing of Income Tax Return by Successor Entity to a Business Reorganization in Form ITR-A [Read Notification]")
![CBDT issues Guidelines for Compounding of Offences [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/09/CBDT-Offences-taxscan.jpg "CBDT issues Guidelines for Compounding of Offences [Read Circular]")
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 current account or cash credit account by the...
![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]")