![Certificate for TDS/ TCS at Lower Rate to be applied Online: CBDT amends Income Tax Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/02/CBDT-Taxscan.jpg "Certificate for TDS/ TCS at Lower Rate to be applied Online: CBDT amends Income Tax Rules [Read Notification]")
Certificate for TDS/ TCS at Lower Rate to be applied Online: CBDT amends Income Tax Rules [Read Notification]
The Central Board of Direct Taxes ( CBDT ) has made amendments to the Income Tax Rules, 1962 mandating that the certificate for the Deduction/...
![Govt. invites Comments on Proposed Amendments to Income Tax Rules, 1962 [Read Draft Notification]](https://www.taxscan.in/wp-content/uploads/2018/08/Income-Tax-Rules-TDS-TCS-Taxscan.jpg "Govt. invites Comments on Proposed Amendments to Income Tax Rules, 1962 [Read Draft Notification]")
![IT Rules permit Cash Purchase of Alcohol Liquor for Human Consumption from Authorized Distributor of State Govt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/07/Alcohol-Liquor-Taxscan.jpg "IT Rules permit Cash Purchase of Alcohol Liquor for Human Consumption from Authorized Distributor of State Govt: ITAT [Read Order]")
![Exclusion of Chartered Accountants from Valuation of Unquoted Shares: ICAI submits Representation to Fin Min [Read Representation]](https://www.taxscan.in/wp-content/uploads/2018/05/Chartered-Accountants-ICAI-Taxscan.jpg "Exclusion of Chartered Accountants from Valuation of Unquoted Shares: ICAI submits Representation to Fin Min [Read Representation]")
CBDT releases Draft Notification Amending Income Tax Rules for Improving Transparency in Tax Rulings: Invites Suggestions [Read Draft Notification]
With a view to improve transparency in tax rulings, the Central Board of Direct Taxes (CBDT) has released draft notification containing proposals to amend income tax Rule 44E, Form 34C, 34D and 34DA...
![CBDT releases Draft Notification Amending Income Tax Rules for Improving Transparency in Tax Rulings: Invites Suggestions [Read Draft Notification]](https://www.taxscan.in/wp-content/uploads/2016/06/Central-Board-of-Direct-Taxes-CBDT-Tax-Scan.jpg "CBDT releases Draft Notification Amending Income Tax Rules for Improving Transparency in Tax Rulings: Invites Suggestions [Read Draft Notification]")
Govt Amends Income Tax Rules, Withdraws Exemption of Transport Allowance of Rs. 1,600 pm [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the Income Tax (Third Amendment) Rules, 2018 wherein the Government has withdrawn the exemption of Transport Allowance of Rs. 1,600 pm to the...
![Govt Amends Income Tax Rules, Withdraws Exemption of Transport Allowance of Rs. 1,600 pm [Read Notification]](https://www.taxscan.in/wp-content/uploads/2018/04/Transport-allowance-Taxscan.jpg "Govt Amends Income Tax Rules, Withdraws Exemption of Transport Allowance of Rs. 1,600 pm [Read Notification]")
Indian Reporting Financial Institutions reporting pre-existing accounts should Ensure Reporting of U.S. TIN from 2017 onwards: CBDT
India and USA have signed the Inter-Governmental Agreement (IGA) under FATCA in 2015. To enhance the effectiveness of information exchange and transparency, both the sides committed to establish, by...
CBDT amends Income Tax rules; PAN of Authors/Founders/Trustees/Managers in Form No.10A is Mandatory [Read Notification]
The Central Board of Direct Taxes, Ministry of Finance through a recent notification, made a significant amendment in the Income Tax rules, mandating details of the Authors/Founders/Trustees/...
Revenue cannot verify the Claim of Deduction already approved by the prescribed Authority under Income Tax Rules; Gujarat HC
The Division Bench of Gujarat High Court in a recent ruling held that once the prescribed authority grants approval for deduction under income tax rules, the revenue cannot verify its conditions. The...
