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Articles

Income Tax

5,427 articles

  1. 23 Aug 2021
    75 transfer/postings in the grade of ACIT/DCIT

    F.No. A.22013/1/2021-Ad.V1 (Part-I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi -110 001 Dated: 18.08.2021 Office Order No. 209 o...

  2. 23 Aug 2021
    Empanelment of 39 officers for promotion to CCIT grade

    Immediate No.18/11/2021-E0(SM.II) Government of India Secretariat of the Appointments Committee of the Cabinet Ministry of Personnel, Public Grievances & Pensions Department of Personnel & Training No...

  3. 23 Aug 2021
    222 transfer/postings of the officers in the grade of PCIT/PDIT

    Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 17.08.2021 Office Order No. 206 of 2021 In supersession of all earl...

  4. 23 Aug 2021
    Request for Rationalisation of Section 270AA Penalty Provisions

    Karnataka State Chartered Accountants Association ® has made a representation to the Smt. Nirmala Sitaraman, Hon’ble Union Minister for Finance and Corporate Affairs and requested for Rationalisation...

  5. 20 Aug 2021
    CBDT notifies new Income Tax Rule 12AA and Rule 51B

    CBDT notifies Two new Income Tax Rules vide Notification No. 93/2021- Income Tax dated 18th August, 2021 i.e. Rule 12AA. Prescribed person for the purposes of clause (c) and clause (cd) of section 140...

  6. 19 Aug 2021
    Income Tax Department conducts searches in NCR

    The Income Tax Department conducted searches on 16.08.2021 on a company engaged in trading of telecom equipment and installation and servicing of these items for various telecom players in India. Sear...

  7. 18 Aug 2021
    Faceless Assessment Scheme working towards efficient & transparent system: CII

    Faceless Assessment Scheme is working towards ensuring a robust, efficient and transparent system – CII Survey On the completion of one year of the Faceless Assessment Scheme, CII conducted a survey t...

  8. 16 Aug 2021
    Transfer/postings of 497 JCIT/Addl. CIT

    F.No. A-22012/2/2021-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi -110 001 Dated: 12.08.2021 Office Order No. 203 of 2021...

  9. 16 Aug 2021
    Taxation Laws (Amendment) Act, 2021

    MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 13th August, 2021/ Sravana 22, 1943 (Saka) The following Act of Parliament received the assent of the President on the 13th August,...

  10. 16 Aug 2021
    Karnataka HC orders for appearance through Video Conferencing for summon issued

    The Karnataka High Court in M/s Pellagic Food Ingredients Private Ltd. v. Union of India [Writ Petition No. 14737/2021[T-CUS] issued an Interim Order dated August 12, 2021] wherein it ordered the Pell...

  11. 16 Aug 2021
    Key Features & Benefits of Taxation Laws (Amendment) Bill, 2021

    Taxation Laws (Amendment) Bill, 2021 Key Features of Taxation Laws (Amendment) Bill, 2021 1. Provides that no tax demand shall be raised in the future based on the retrospective amendment made through...

  12. 14 Aug 2021
    Rejection of Foreign Tax Credit For Delay/Non-filing of Form 67

    Bombay Chartered Accountant’s Society has made a representation to CBDT Chairman and draw his attention towards the difficulties faced, in recent times, by resident taxpayers, in claiming Foreign Tax...

  13. 14 Aug 2021
    Section 115BAC of Income-tax Act, 1961

    New Income Tax Regime, Section – 115BAC, Income-tax Act, 1961 Tax on income of individuals and Hindu undivided family under new Income Tax Regime: Below is quoted the section 115BAC of Income Tax Act...

  14. 14 Aug 2021
    Transactions monitored by Income tax department

    There are few transactions which are tracked by the Income tax departments. I have just made a short snippet of it for the views to understand it without any technicality. 1. Cash deposit/withdrawal i...

  15. 14 Aug 2021
    Key Features & Benefits of Taxation Laws (Amendment) Bill, 2021

    Taxation Laws (Amendment) Bill, 2021 Key Features of Taxation Laws (Amendment) Bill, 2021 1. Provides that no tax demand shall be raised in the future based on the retrospective amendment made through...

  16. 14 Aug 2021
    Phishing websites hosted on NGROK platform, targeting Indian banking customers

    Indian Computer Emergency Response Team Ministry of Electronics and Information Technology Government of India Original Issue Date: August 10, 2021 It has been observed that Indian banking customers a...

  17. 12 Aug 2021
    Lock-down Guideline applicable to Delhi w.e.f. 09.08.2021

    GOVERNMENT OF NCT OF DELHI DELHI DISASTER MANAGEMENT AUTHORITY No. F. 60/DDMA/COVI-19/2021/461 Dated: 08.08.2021 ORDER Whereas, the Delhi Disaster Management Authority (DDMA) is satisfied that the NCT...

  18. 12 Aug 2021
    SOP for Penalties under Faceless Penalty Scheme-2021

    National Faceless Assessment Centre, Delhi 2nd Floor, E-Ramp Jawaharlal Nehru Stadium, Delhi-110003 email: ashish.abrol@qov.in Phone No: 011-24360103 F. No.A.A(N.A.F.A.C)-1/2021-22/439 Dated: 09.08.20...

  19. 12 Aug 2021
    CBDT establishes Interim Boards for Settlement

    Vide Notification No. 91/2021-Income Tax | Dated: 10th August, 2021 CBDT establishes 7 Interim Boards for Settlement Headquartered at Delhi, Kolkata, Mumbai and Chennai. MINISTRY OF FINANCE (Departmen...

  20. 12 Aug 2021
    CBDT notifies new Rule 10RB and FORM No. 3CEEA

    Vide Notification No. 92/2021-Income Tax | Dated: 10th August, 2021 CBDT notifies New 10RB. Relief in tax payable under sub-section (1) of section 115JB due to operation of sub­section (2D) of section...


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