Income Tax Circular

Guidelines under section 194-0 (4) and section 206C (1-1) of the Income-tax Act, 1961 – reg.

110 Views Guidelines under section 194-0 (4) and section 206C (1-1) of the Income-tax Act, 1961 -reg. Circular No. 17 of 2020 F. No.370133/22/2020-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division) Dated: 29th September, 2020 Sub.: Guidelines under section 194-0 (4) and section 206C (1-1) of the Income-tax Act, 1961 –reg. …

Guidelines under section 194-0 (4) and section 206C (1-1) of the Income-tax Act, 1961 – reg. Read More »

Imposition of charge on the prescribed electronic modes under section 269SU of the Income-tax Act, 1961

162 ViewsImposition of charge on the prescribed electronic modes under section269SU of the Income-tax Act, 1961 F .No .370142/35/2019-TPL-PtGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Dated: 30th August, 2020 Subject: Imposition of charge on the prescribed electronic modes under section269SU of the Income-tax Act, 1961 In furtherance to the declared policy …

Imposition of charge on the prescribed electronic modes under section 269SU of the Income-tax Act, 1961 Read More »

Notification of Sovereign Wealth Fund under section to(23FE) of the Income-tax Act, 1961

160 ViewsNotification of Sovereign Wealth Fund under section to(23FE) of the Income-tax Act, 1961 Circular No. 15 of 2020 F No 370142/26/2020-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(Tax Policy & Legislation Division) New Delhi, 22nd July, 2020 Notification of Sovereign Wealth Fund under section to(23FE) of the Income-tax Act, 1961The Finance …

Notification of Sovereign Wealth Fund under section to(23FE) of the Income-tax Act, 1961 Read More »

Clarification in relation to notification issued under clause (v) of proviso to
section 194N of the Income-tax Act, 1961 (the Act) prior to its amendment by Finance
Act, 2020 (FA, 2020)-Reg.

221 ViewsClarification in relation to notification issued under clause (v) of proviso tosection 194N of the Income-tax Act, 1961 (the Act) prior to its amendment by FinanceAct, 2020 (FA, 2020)-Reg. Circular no. 14/2020 F. No. 370142/27/2020-TPLGovernment ofIndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division) Room no. 147B-II , North Block,New Delhi, dated 20th …

Clarification in relation to notification issued under clause (v) of proviso to
section 194N of the Income-tax Act, 1961 (the Act) prior to its amendment by Finance
Act, 2020 (FA, 2020)-Reg.
Read More »

One-time relaxation for Verification of tax-returns for the Assessment years 201S-16, 2016-17, 2017-18, 2018-19 and 2019-20 which are pending due to non-filing of ITRV form and processing of such returns – reg.

184 ViewsOne-time relaxation for Verification of tax-returns for the Assessment years201S-16, 2016-17, 2017-18, 2018-19 and 2019-20 which are pending due to non-filing of ITRV form and processing of such returns – reg. Circular No. 13 /2020 F. No. 225/59/2020/ITA-1IGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, dated the 13 of …

One-time relaxation for Verification of tax-returns for the Assessment years 201S-16, 2016-17, 2017-18, 2018-19 and 2019-20 which are pending due to non-filing of ITRV form and processing of such returns – reg. Read More »

CIRCULAR NO.12

294 ViewsCIRCULAR NO.12 CircularNo.12- /2020 F.No.370 142135/20 19-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes Dated: 20~May, 2020 Subject: Clarifications in respect of prescribed electronic modes under section 269SU ofthcIncome-tax Act, 1961 – reg.In furtherance to the declared policy objective of the Government to encourage digitaltransactionsand move towards a less-cash economy, a …

CIRCULAR NO.12 Read More »

CIRCULAR NO.11

259 ViewsCIRCULAR NO.11 Circular .11 of 2020 F. No. 370142/18/2020-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, May 8, 2020 Clarification in respect of residency under section 6 of the Income-tax Act, 1961Section 6 of the Income-tax Act, 1961 (the Act) contains provisions relating todetermination of residency of a person. …

CIRCULAR NO.11 Read More »

CIRCULAR NO.10

216 ViewsCIRCULAR NO.10 Circular No.10/2020 F. No. 37014219/20 18-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesTPL Division New Delhi, dated 24th April, 2020 Order under section 119 of the Income-tax Act, 1961 Section 44AB of the Income-tax Act, 1961 (‘the Act’) read with rule 6G of theIncome-tax Rules, 1962 (‘the Rules’) requires …

CIRCULAR NO.10 Read More »

Open chat