Category: Newsletter

Income Tax Law Updates: Notification/Circulars Notification No. 10/2022 dated 21st January, 2022 Certain Income of National Skill Development Corporation, will be exempted under clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961). ​E-advance Rulings Scheme, 2022 The Central Board of … Continue Reading →

Income Tax Law Updates: Notification/Circulars Notification No. 04-01-2022 of Department of Revenue: Provisions of sub-rule (1A) of rule 9 of the Prevention of Money-laundering (Maintenance of Records) Rules, 2005 shall not apply to the Foreign Portfolio Investor. Notification No. 142 /2021 dated 31-12-2021 Following … Continue Reading →

Income Tax Law Updates: Notification No. 139/2021/F.No. 370142/66/2021-TPL dated 28-12-2021: The Faceless Appeal Scheme 2021 for Income Tax Law. Circular No. 21/2021 dated 28-12-2021: CBDT gives one time relaxation for verification of ITRs for AY 2020-21. Now, ITRs can be verified till 28.02.2022. Notification No. … Continue Reading →

Income Tax Law Updates: District Co-Operative Central Bank Ltd. v. Asstt. CIT Continue Reading →