TCS on Liberalized Remittance Scheme
TCS LRS Credit cards FEMA Income Tax Act RBI
Extension of timeline for filing of various reports of audit for the Assessment Year 2022-23
New Delhi, dated 30th September 2022 On consideration of difficulties faced by the taxpayers and other stakeholders in electronic filing of various reports of audit under the provisions of the…
Order specifying the Collegium – Explanation to section 158AB of the Income-tax Act, 1961
New Delhi, dated 28th September, 2022 In exercise of powers conferred under the Explanation to section 158AB of the Income-tax Act, 1961 (the Act), the Central Board of Direct Taxes…
Income-tax (29th Amendment) Rules, 2022.
G.S.R. 677(E).—In exercise of the powers conferred by section 139A read with section 295 of theIncome-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the…
Income-tax (25th Amendment) Rules, 2022
New Delhi, 17th August, 2022 G.S.R. 632(E).—In exercise of the powers conferred under clause (a) of Explanation 3 to the third proviso to clause (23C) of section 10 and clause…
Procedure of PAN application & allotment through Simplified Proforma for incorporating Limited Liability Partnerships (LLPs) electronically {Form: FiLLiP} of Ministry of Corporate Affairs.
Proviso to sub-rule (I) to rule 114 of Income Tax Rules, 1962 notified vide notification G.S.R. No. 117(E) dated 9/02/2017, states that : “an applicant may apply for allotment of…
Compliance Check Functionality for Section 206AB & 206CCA of Income-tax Act 1961
New Delhi, 09th June, 2022 Section 206AB and 206CCA of the Income-tax Ad,1961 (effective from 1st July 2021 and amended via Finance Act, 2022), imposed higher TDS/TCS rate on the…
Income-tax (Sixteenth Amendment) Rules, 2022.
G.S.R. 404(E).—In exercise of the powers conferred by sub-section (1) of section 245W read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…
Income-tax (Fourteenth Amendment) Rules, 2022.
G.S.R. 343(E).—In exercise of the powers conferred by clauses (i), (ii), (iii) and (iv) of first proviso to clause(23C) of section 10, ninth proviso to clause (23C) of section 10,…
Income-tax Amendment (Thirteenth Amendment) Rules, 2022.
G.S.R. 341(E).—In exercise of the powers conferred by the Explanation 3 to clause (23FE) of section 10 and fourth, fifth and sixth provisos to clause (23FE) of section 10, read…