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Income Tax Dept searches Haryana based real estate real estate group
Ministry of Finance Income Tax Department conducts searches in Haryana Posted On: 18 MAR 2021 The Income Tax Department carried out search on 17.03.2021 on a group engaged in the business of real esta...
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Clarification on continuation of concessional rate of tax on interest income of FPIs
CBDT issues clarification on continuation of concessional rate of tax on interest income of FPIs. It has been clarified that the concessional rate of 5% will continue to be applicable on certain inter...
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CBDT notifies New Form 15E and rule 29BA
CBDT vide notification No. 18/2021-Income Tax, Dated: March 16, 2021 inserted new rule 29BA. Application for grant of certificate for determination of appropriate proportion of sum (other than Salary)...
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Income Tax Dept searches handlers of Cash in Tamil Nadu
The Income Tax Department carried out searches on 11.03.2021 in the case of a group of individuals who are involved in handling huge amount of cash and routing unaccounted money through foreign entiti...
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82,072 assessment cases completed in faceless manner till 10.03.2021
Income tax assessments are being done in a faceless manner, this was stated by Shri Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Ra...
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Income-Tax Authorities- Amendment in Notification No. 66/2014
Principal Chief Commissioner of Income-tax, North East Region Headquartered at Guwahati to to issue orders in writing for the exercise of the powers and performance of the functions by Commissioner of...
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Handling of non-responsive Income Tax cases for physical verification
National e-Assessment Centre, Delhi Room No. 401, 2nd Floor, E-Ramp, Jawaharlal Nehru Stadium, Delhi-110003. Phone No: 24367003 F.No. CIT(NeAC)/2020-21/802 Dated 12.03.2021 To, The Chief Commissioners...
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CBDT clarifies on potential cases for issue of Section 148 notice
F.No.225/40/2021/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 12th March, 2021 To All Principal Chief Commissioners of Income-tax M...
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CBDT notifies reporting of Capital Gain, Dividend, Interest Income in SFT
CBDT notifies that For the purposes of pre-filling the return of income, a statement of financial transaction containing information relating to capital gains on transfer of listed securities or units...
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CBDT revises Form No. 12BA, Part B to Form 16, Annexure II to Form No. 24Q
CBDT revises Form No. 12BA (Statement showing particulars of perquisites, other fringe benefits or amenities and profits in lieu of salary with value thereof), Part B to Form 16 (Details of Salary Pai...
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4th FAQs on LTC Cash Voucher Scheme
No.12(2)/2020/E-II.A Government of India Ministry of Finance Department of Expenditure North Block, New Delhi Dated 10th March, 2021 OFFICE MEMORANDUM Subject: Clarification regarding queries being re...
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Income escaping assessment | Action to be taken | AY 2013-14 to 2017-18
F.No.414/132/2018-IT (Inv. I)(Part I) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Room No.269, North Block, New Delhi, dated 9th, March, 2021 To, All th...
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CBDT notifies Head-quarter of PCIT/CIT (Central), Guwahati wef 03.01.2020
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 14/2021-Income Tax New Delhi, the 11th March, 2021 S.O. 1160(E).—In exercise of the powers conferred by sub...
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TDS on Cash Withdrawal above Rs. 20 lakh
SB Order No. 05/2021 F.No. 109-27/2019-SB Govt. of India Ministry of Communications Department of Posts (FS Division) Dak Bhawan, New Delhi-110001 Dated: 09 .03.2021 To, All Head of Circles/Regions Su...
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CBDT approves ‘Bennett University’ for Scientific Research – Section 35(1)
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 9th March, 2021 Notification No. 12 /2021-Income Tax S.O. 1069(E).—In exercise of the powers conferred by cla...
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CBDT amends Rule 10V – Guidelines for application of section 9A
Ministry Of Finance (Department Of Revenue) (Central Board Of Direct Taxes) New Delhi Notification No. 13/2021-Income Tax Dated: 9th March, 2021 G.S.R. 162(E).—In exercise of the powers conferred by c...
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I-T Dept searches 2 handling cash of others on commission basis
Ministry of Finance Income Tax Department conducts searches in Kolkata Posted On: 11 MAR 2021 12:43PM by PIB Delhi The Income Tax Department carried out search and seizure operation on 10.03.2021 on t...
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Kolkata I-T department searches electrical equipment businessmen
Ministry of Finance Posted On: 10 MAR 2021 6:29 PM by PIB Delhi The Income Tax Department carried out search and seizure operation on 09.03.2021 on various persons based in Kolkata, engaged in the bus...
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378 SEZs are presently notified, out of which 265 are operational
Ministry of Commerce & Industry Posted On: 10 MAR 2021 The Special Economic Zones (SEZs) policy was launched in April, 2000. The Special Economic Zones Act, 2005, was passed by Parliament in May, 2005...