Guidelines under clause (10D) section 10 of the Income-tax Act, 1961
Dated: 19th January, 2022 Clause (10D) of section 10 of the Income-tax Act, 1961 (the Act) provides for income-tax exemption on the sum received under a life insurance policy, including…
Securities Transaction Tax (1st Amendment), Rules, 2022.
New Delhi, the 18th January, 2022 G.S.R. 25(E).— In exercise of the powers conferred section 114 of the Finance (No. 2) Act, 2004, (23 of 2004), the Central Government hereby…
Income tax (2nd Amendment) Rules, 2022.
Amendment) Rules, 2022. New Delhi, the 18th January, 2022 Short title and commencement.—(1) These rules may be called the Income tax (2nd Amendment) Rules, 2022. (2) They shall come into…
Income tax (1st Amendment) , Rules,2022.
New Delhi, the 14th January, 2022 G.S.R. 15(E).—In exercise of the powers conferred by clause (4D) of section 10 and sub-section (1B) of section 115AD, read with section 295 of…
CBDT further extends timelines for filing tax audit report, Transfer Pricing returns
The Central Board of Direct Taxes has extended the due date for filing of tax audit reports and returns in view of the third wave. The last date for filing…
Physical or digital: Choose the ITR verification method you find convenient
Your tax return will become invalid unless it is verified within 120 days Even if you have met the December 31 deadline for filing IncomeTax Return (ITR) for AY 2021-22,…
Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22
New Delhi, dated 11th January 2022 On consideration of difficulties reported by the taxpayers and other stakeholders due to COVID and in electronic filing of various reports of audit under…
Income-tax (34th Amendment) Rules, 2021.
G.S.R. 883(E).—In exercise of the powers conferred by clause (23FF) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…
One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns
New Delhi, dated 28th December,2021 1. In respect of an Income-tax Return (lTR) which is filed electronically without a digital signature, the taxpayer is required to verify it using anyone…
E-Verification Scheme, 2021.
S.O. 5187(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following…