- धारा 10(23C),12A एवं 80G के अन्तर्गत रजिस्टर्ड ट्रस्ट के रिन्यूअल लिए अब 30.06.2024 तक अप्लाई कर सकते हैं। - रेगुलर/परमानेंट रजिस्ट्रेशन (फॉर्म 10AB) के लिए अब 30.06.2024 तक अप्लाई कर सकते हैं। - ऐसे ट्रस्ट जिनके फॉर्म 10AB Delayed फाइलिंग या ग़लत सेक्शन कोड की वजह से रिजेक्ट कर…

Procedure for Exercise of Option U/s 245M

  • 25-05-2021
  • admin
  • Income Tax
  • 504
Provide basic details for assessees intending to exercise option under sub-section (1) of section 245M The assessee who wish to exercise option for withdrawal application filed u/s 245C and such application is pending, shall first provide the basic details in following format on the form placed at www.nic.in   UpIoad…

Computation of FMV of Capital Assets U/s 50B

  • 25-05-2021
  • admin
  • Income Tax
  • 565
In exercise of the powers conferred by section 50B read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby insert the following rules further to amend the Income-tax Rules,1962, namely:─ “11UAE.Computation of Fair Market Value of Capital Assets for the purposes…

Extention of Due Dates under Income Tax Act

  • 24-05-2021
  • admin
  • Income Tax
  • 440
The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the severe Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under the Income-tax Act, 1961

Extention of Due Dates under Income Tax

  • 02-05-2021
  • admin
  • Income Tax
  • 391
1. In view of severe pandemic, the Central Board of Direct Taxes, in exercise of its powers under Section 119 of the Income-tax Act, 1961, provides following relaxation in respect of Income-tax compliances by the taxpayers: a) Appeal to Commissioner (Appeals) under Chapter XX of the Income-tax Act, 1961 for…

Extension for Waiving-off Condonation Fees

  • 26-04-2021
  • admin
  • Income Tax
  • 405
Amid the current situation arising out of Covid-19, it is observed that some of the Students/Articled Assistants are still facing difficulties in online filing of prescribed applications forms for various activities e.g. filing of Form 102/103 for registration of articleship due to non-availability of non-judicial stamp papers for the execution…

Government Extends Certain Timelines

  • 24-04-2021
  • admin
  • Income Tax
  • 408
In view of the severe Covid-19 pandemic Various Time Barring Dates, which were earlier extended to 30th April, 2021 by various notifications, may be further extended to 30th June, 2021  (i) Time limit for passing order for assessment or reassessment under section 153 or section 153B thereof; (ii) Time limit…