-
CBDT notifies jurisdiction of CIT(A) under Faceless Appeal Scheme, 2021
vide Notification No. 113/2022-Income Tax Dated: 13th October, 2022 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 113/2022-Income Tax Dated: 13...
-
Direct Tax Collections for F.Y. 2022-23 up to 08.10.2022 registers 23.8% growth
Direct Tax Collections for F.Y. 2022-23 up to 08.10.2022 The provisional figures of Direct Tax collections up to 8th October, 2022 continue to register steady growth. Direct Tax collections up to 8th...
-
Income-tax (Thirty Third Amendment) Rules, 2022- Amends Rule 114F
CBDT notifies Income-tax (Thirty Third Amendment) Rules, 2022 vide Notification No.112/2022-Income Tax | Dated 7th October, 2022 and amended Income Tax Rule 114F. MINISTRY OF FINANCE (Department of Re...
-
FAQ’s on filing of Form 27C on Income Tax E-filing portal
Question 1: Who is required to file Form 27C on E-filing portal, buyer or seller? Resolution: The Seller is required to file Form 27C on E-filing portal. Question 2: How can buyer furnish the declarat...
-
141 transfer/postings of the officers in the grade of DCIT/ACIT
Transfer/postings of 141 officers in the grade of Deputy Commissioner/Assistant Commissioner of Income Tax (DCIT/ACIT) vide Office Order No. 213 of 2022 | Dated: 30th September, 2022. F.No.A.22013/1/2...
-
343 transfer/postings of officers in the grade of CIT/DIT
Office Order No.212 of 2022 Transfer/postings of 343 officers in the grade of Commissioners of Income Tax/Directors of Income Tax (CIT/DIT) F.No. A-22011/5/2022-Ad-VI Government of India Ministry of F...
-
CBI Arrests an Income Tax Officer for Accepting Bribe of Rs. Five Lakh
The Central Bureau of Investigation has arrested an Income Tax Officer, Khurdha (Odisha) for demanding & accepting bribe of Rs. Five lakh from the Complainant. A case was registered on complaint again...
-
FM urged Income Tax Department to focus on 3 R’s
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 27th September, 2022 PRESS RELEASE The Finance Minister’s Award 2022 presentation ceremony held b...
-
CBDT constitutes Collegium for deciding appeal deferment by AO U/s. 158AB
F. No. 370133/13/2022-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi, dated 28th September, 2022 ORDER Sub: Order specifying t...
-
Rule 132 – Application for recomputation of income under section 155(18)
CBDT notifies new Income Tax Application for recomputation of income under sub-section (18) of section 155, Form No. 69 –Application for recomputation of income under sub-section (18) of section 155 a...
-
Amendment in Guidelines for Compulsory Scrutiny of Income Tax Returns during F.Y 2022-23
F.No.225/ 81/2022/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 26th, September, 2022 To All Pr. Chie...
-
What is Filing Of 1042 Form?
Forms 1042, 1042-S, and 1042-T are U.S I.R.S taxation forms dealing with dealings with foreign persons, including non-resident aliens, foreign entities, etc. Forms 1042 and 1042-S need to be filed sep...
-
CBDT extends time for filing of modified ITR in Form ITR-A
CBDT extends timeline for filing of modified ITR in Form ITR-A by a successor company under section 170A of Income Tax Act till March 31, 2023. F.No. 370142/41/2022-TPL Government of India Ministry of...
-
Request to issue SOP to officers to improve effectiveness of Video Conference proceedings in faceless regime
KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R) Date: Saturday, September 24, 2022 To, Smt. Nirmala Sitharaman Hon. Union Minister of Finance and Corporate Affairs Government of India Hon’ble Ma...
-
Representation to extend due date of filing of Income Tax Audit reports
Representation to extend the due date of filing of Audit reports under Income Tax Act, 1961, from 30th September, 2022 to 31st October, 2022. ALL INDIA FEDERATION OF TAX PRACTITIONERS Dated: September...
-
Technical Guide on Audit of Charitable Institutions under Section 12A of Income-tax Act, 1961
ICAI Technical Guide on Audit of Charitable Institutions under Section 12A of Income-tax Act, 1961 Dynamics of the income-tax law, compel sharpening of skill sets in the arena for effective performanc...
-
Transfer/postings of 155 officers in the grade of Pr. CIT/Pr. DIT
Office Order No. 204 of 2022, Dated: 19.09.2022 transfer/postings of 155 officers in the grade of Principal Commissioner of Income Tax/ Principal Director of Income Tax (Pr. CIT/Pr. DIT). F.No.A.22011...
-
83 transfer/postings in the grade of CCIT/DGIT
Office Order No. 203 of 2022-Income Tax Dated: 19.09.2022 on transfer/postings of 83 officers in the grade of Chief Commissioner of Income Tax/ Director Generals of Income Tax (CCIT/DGIT). F. No. A-22...
-
CBDT notifies Form ITR-A & rules for modified return by successor entity
CBDT notifies new Income Tax Rule 12AD modified return of income under section 170A to be furnished by a successor entity to a business reorganisation and relevant Form ITR-A vide Notification No. 110...
-
Representation on Income Tax outstanding demand collection drive
KARNATAKA STATE CHARTERED ACCOUNTANTS ASSOCIATION (R.) Date: 19th September 2022 To, Smt. Nirmala Sitharaman Hon. Union Minister of Finance and Corporate Affairs Government of India Hon’ble Madam, SUB...