Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (2 of 2020)
Income-tax (18th Amendment) Rules, 2020
G.S.R. 469(E).-In exercise of the powers conferred by sub-section (7) of section 115UB read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962
New Form 26AS is the Faceless hand-holding of the Taxpayers
An improved Form 26AS which would carry some additional details on taxpayers’ financial transactions as specified in the Statement of Financial Transactions (SFTs) in various categories
Verification of tax-returns for the Assessment years which are pending due to non-filing of ITR-V form
Pending due to non-filing/non-receipt of respective ITR-V Form, the CBDT, in exercise of powers under section 119 of the Act, in case of returns for Assessment Years 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20
Support for Income tax Department against Covid-19
The outbreak of Covid-19 has raised an extra-ordinary situation in the country. The health infrastructure of the country is under tremendous pressure. The covid-19 has impacted the Income tax Department too like any other Department
Income tax (16th Amendment) Rules, 2020-Change in TDS Return Form 26Q & Form 27Q
Sections 194A, 194J, 194K, 194LBA, 194N, 194-O, 197A and 200 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes, hereby, makes rules further to amend the Income-tax Rules, 1962
Adherence of delegated Financial Powers & Time-lines by HoDs
CBDT-Instructions regarding Adherence of delegated Financial Powers and Time-lines by HoDs
Extension of Timelines CBDT Notification No. 35/2020 – Taxation and other laws
Direct Tax Vivad se Vishwas Act, 2020, the 30th day of December, 2020 shall be the end date of the period during which the time limit specified in, or prescribed or notified thereunder falls for the completion or compliance of the action and the 31st day of December, 2020 shall be the end date to which the time limit for completion or compliance of such action shall stand extended
Income-tax (13th Amendment) Rules, 2020 – CBDT Notification No 38 of 2020
Section 115BAC read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes. Income-tax (13th Amendment) Rules, 2020
CBDT – Amend the Income-tax Rules, 1962(PAN, Aadhar) in IT rules 114 w.e.f. 01.09.2019
CBDT – Amend the Income-tax Rules, 1962(PAN, Aadhar) in IT rules 114 w.e.f. 01.09.2019 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 30th August, 2019 G.S.R. 614(E).– In exercise of the powers conferred by section 139A read with section 295 of the Income-tax Act, 1961 (43 of 1961), […]