WebJan 22, 2024 · We note that the CBDT Circular issued under section 119 of the Income Tax Act is binding on the Income Tax Authorities. The assessing officer’s jurisdiction is limited to the issue identified by the CASS in case of ‘Limited Scrutiny’ cases. WebThe Central Board of Direct Taxes has issued Circular NO. 8 of 2024 on 30th April 2024 providing various relaxations till 31 st May 2024 including extending time for filing the appeals before CIT(Appeals).
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WebApr 5, 2024 · Circular No. 24/2024 : Income-tax deduction from salaries during the Financial Year 2024-23 under section 192 of the Income-tax Act, 1961 7 December 2024 … Notifications - Tax Laws & Rules > Circulars & Notifications > Circulars Rules - Tax Laws & Rules > Circulars & Notifications > Circulars Other Forms - Tax Laws & Rules > Circulars & Notifications > Circulars International Taxation - Tax Laws & Rules > Circulars & Notifications > Circulars Individual - Tax Laws & Rules > Circulars & Notifications > Circulars Wealth Tax Returns - Tax Laws & Rules > Circulars & Notifications > Circulars Small Businessmen - Benefits allowable. Small and medium enterprises … Non-Resident - Tax Laws & Rules > Circulars & Notifications > Circulars Childrens Corner - Tax Laws & Rules > Circulars & Notifications > Circulars The Central Board of Direct Taxes (CBDT) had extended the due dates of various … WebMar 17, 2024 · The CBDT had issued a circular (No. 11 of 2024) to provide relief to such non-resident individuals who came to India on a visit before 22 March 2024 and that circular was w.r.t. Financial Year (FY ...
WebApr 11, 2024 · A blog on income tax law in India to cover contemporary income tax issues, income tax Articles, Income Tax Returns or ITR, Circulars, Notifications issued by the CBDT, income tax case laws by High Court, Supreme Court, ITAT judgments, current news are posted. An online portal for tax news, article, income tax, notification Simplifying the … WebDec 7, 2024 · CBDT Circular No. 18 of 2024 dated December 04, 2024 Section 10 & 11 of VSVA empowers CBDT and the Central Government to issue directions or orders in public interest or to remove difficulties. CBDT had issued such a Circular No. 9 of 2024 dated April 22, 2024 wherein 55 Questions were addressed.
WebFeb 2, 2024 · In the above referred Circular issued by CBDT, 'Cess' is to be allowed under sub-clause (ii) of clause (a) of section 40 of the Act. However, it is to be noted that 'Cess' is imposed not only by the Central … WebChallenging the Indian Revenue Authorities: The Binding Value of Circulars Issued in Violation of Taxing Statutes Priya Urs seeks to characterise and evaluate the varied …
WebCBDT issues new Circular substituting old Circular on refund procedure for excess TDS on payments to residents. A recent circular issued by the Central Board of Direct Taxes …
WebA blog on income tax law in India to cover contemporary income tax issues, income tax Articles, Income Tax Returns or ITR, Circulars, Notifications issued by the CBDT, income tax case laws by High Court, Supreme Court, ITAT judgments, current news are posted. An online portal for tax news, article, income tax, notification Simplifying the tax and tax … images of rice universityWebMar 15, 2024 · Arguably, Circular No. 3/2024 issued by the Central Board of Direct Tax (CBDT) on February 3, 2024, might have the unenviable distinction of being one of the … images of richard gereWebMay 4, 2016 · The CBDT has issued a directive dated 2nd May 2016 in which it has been directed that the income arising from transfer of unlisted shares would be considered under the head ‘Capital Gain’, irrespective of period of holding, with a view to avoid disputes/litigation and to maintain uniform approach list of best shares near to 52 week lowWebJul 22, 2024 · CBDT issues Order under section 119 vide Circulars Nos. 15, 16, and 17 all dated 19.07.2024 to extend the powers of Pr. CCIT/CCIT to grant condonation of delay in filing of Form No. 10BB, Form No. 10B, Form No. 9A and Form 10 respectively where the delay is beyond 365 days and upto 3 years for AY 2024-19 and subsequent years. list of best shot filmsWebApr 11, 2024 · The CBDT vide Notification No. 21/2024 dated April 10, 2024 has issued amendments in Notification No. 44/2024 dated June 5, 2024 (“N/N 44”), which specified the applicable Cost Inflation Index (“CII”) for certain Financial Years, in order to notify the applicable CII for Assessment Year 2024-2025, w.e.f. April 1, 2024, in a following … list of best singers of all timeWebSep 12, 2024 · "While CBDT’s circular dated May 28, 1980, had instructed I-T officials not to launch prosecution in cases where the delay in depositing TDS is less than one year, this instruction was withdrawn in August 2013. Now, a leeway of two months has been provided and it is a step in the right direction. images of richard simmons nowWebJan 22, 2024 · We note that the CBDT Circular issued under section 119 of the Income Tax Act is binding on the Income Tax Authorities. The assessing officer’s jurisdiction is … images of richard ii