Income Tax
Cost Inflation Index of Financial Year 2022-23
| June 15, 2022
Category: Income Tax
Income Tax
Updated Return Form notified vide gazette notification dated 29.04.22
| April 30, 2022
Rule 12AC notified ITR – U for Updated return u/s 139(8A). Updated return can be filed for A.Y. 20-21 onwards along with ITR 1 to 7
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ICAI MEMBERS
UDIN Update
| April 30, 2022
The timeline to update UDIN is extended till 31st May 2022
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Income Tax
CBDT extends the last date for filing of Form No.10AB
| April 2, 2022
CBDT extends the last date for filing of Form No.10AB for seeking registration or approval under Section 10(23C), 12A or 80G of the IT Act,1961. The application for
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Income Tax
ITR forms for AY 22-23 notified
| April 2, 2022
First due date for filing ITR by individual is July 31 The Central Board of Direct Taxes (CBDT) has notified Income Tax Return (ITR) forms for Assessment Year
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Income Tax
Computation of Capital gains on amounts received under ULIP
| January 20, 2022
Computation of capital gains on amounts received under a unit-linked insurance policy20 January 2022 The Finance Act 2021 had proposed to tax the maturity proceeds from unit-linked insurance
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ICAI MEMBERS
Last Date for Updation of UDINs at e-filing Portal – (30-11-2021)
| December 1, 2021
UDIN DirectorateThe Institute of Chartered Accountants of India30th November, 2021 Last Date for Updation of UDINs at e-filing Portal The CBDT has extended the last date for updating
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Income Tax
On consideration of difficulties reported by taxpayers & other stakeholders CBDT has further extended the due dates for electronic filing of such Forms. CBDT Circular No.16/2021 dated 29.08.2021 issued
| August 30, 2021
Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 29th August, 2021PRESS RELEASECBDT extends due dates for electronic filing of various Forms under the
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Income Tax
Income Tax dept launches dedicated emails for taxpayers’ grievances
| August 11, 2021
Meeting the objectives of the taxpayers’ charter, the I-T department has adopted technology-driven faceless schemes to make tax administration transparent and to end overreach by officials.By HT Correspondent, Hindustan
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Income Tax
CBDT grants further relaxation in electronic filling of Income Tax Forms 15CA/15CB
| July 21, 2021