Income Tax

All about Annual Information Statement (AIS) Directorate of Income Tax (Systems) has released Handbook on Annual Information Statement (AIS). This will explain How the new Form 26AS (Annual Informatio...

CBDT notifies pension fund, namely, ‘School Employees Retirement System of Ohio’ under sub-clause (iv) of clause (c) of the Explanation 1 to clause (23FE) of section 10 of the Income-tax Act, 1961 in...

CBDT approves ‘Pimpri Chinchwad Education Trust’, Pune under the category ‘University, College or Other Institution’ for Scientific Research for section 35(1)(ii) of Income-tax Act, 1961 read with rul...

Central Government Notifies Tolerance Band for Assessment Year 2021-22 in case of wholesale trading and others vide Notification No. 124/2021- Income Tax Dated: 29th October, 2021. MINISTRY OF FINANCE...

vide Notification No. 129/2021-Income Tax Dated: 1st November, 2021. ‘E Settlement Scheme, 2021’ shall be applicable to pending applications in respect of which the applicant has not exercised the opt...

Roll out of new Annual Information Statement (AIS) Income Tax Department has rolled out the new Annual Information Statement (AIS) on the Compliance Portal which provides a comprehensive view of infor...

Vide Notification No. 127/2021-Income Tax | Dated: 29th October, 2021 CBDT notifies Tax Exemption to Gujarat State Aids Control Society in respect of the specified income under section 10(46) of Incom...

Vide Notification No. 126/2021-Income Tax | Dated: 29th October, 2021 CBDT notifies Tax Exemption to Madhya Pradesh Pollution Control Board in respect of the specified income under section 10(46) of I...

Vide Notification No. 125/2021-Income Tax | Dated: 29th October, 2021 CBDT notifies Tax Exemption to ‘Chandigarh Pollution Control Committee’ in respect of the specified income under section 10(46) of...

8 new information which can be uploaded in Form 26AS CBDT authorizes Director General of Income-tax (Systems) to upload information relating to Foreign remittance information reported in Form 15CC, In...

HIGH COURT OF DELHI: NEW DELHI NOTIFICATION Delhi, the 26th October, 2021 VIDEO CONFERENCING RULES Preface Whereas it is expedient to consolidate, unify and streamline the procedure relating to the us...

Circular No. 19 of 2021-CBDT F. No. 370142/48/2021-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 26th October, 2021 Sub.: Guidel...

Circular No. 18/2021-Income Tax F.N0.173/146/2021/ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, Dated 25th October, 2021 Subject: Clarifi...

Central Government, in consultation with the Chief Justice of the High Court of Manipur designates Special Court in the Manipur under Section 280A(1) of Income Tax Act 1961 vide Notification No. 124/2...

Central Government, in consultation with the Chief Justice of the High Court of Bombay designates Special Court in the Goa under Section 280A(1) of Income Tax Act 1961 vide Notification No. 123/2021 –...

Central Government, in consultation with the Chief Justice of the High Court of Karnataka designates Special Court in the Karnataka under Section 280A(1) of Income Tax Act 1961 vide Notification No. 1...

Submission of Form 3CA-3CD,3CB-3CD for AY 2021-22, AY 2020-21 is enabled on e-Filing portal www.incometax.gov.in. Download and use only the latest Offline Utility available in the “Download” section u...

Income Tax Department conducts searches on groups engaged in the business of Digital Marketing & Waste Management The Income Tax Department initiated search and seizure operations in two groups based...

Vide Notification No. 121/2021-Income Tax | Dated: 13th October, 2021 CBDT notifies Tax Exemption under section 10(46) to ‘Punjab State Electricity Regulatory Commission’, Chandigarh in respect of the...

MINISTRY OF FINANCE (Department of Revenue) CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 120/2021-Income Tax | Dated: 13th October, 2021 G.S.R. 737(E).—In exercise of the powers conferred...