Guidelines under clause (10D) section 10 of the Income-tax Act, 1961

Guidelines under clause (10D) section 10 of the Income-tax Act, 1961

Guidelines under clause (10D) section 10 of the Income-tax Act, 1961 – Exemption on the sum received under a life insurance policy Circular No. 2 of 2022 F. No.370142 /61/2021-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** Dated: 19th January, 2022 Sub: Guidelines under clause (10D) section…

Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22

Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22

Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22: CBDT Circular dated 11.01.2022 Circular No. 01/2022 F. No. 225/49/2021/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 11th January 2022 Subject:- Extension of timelines for filing of…

One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21

One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21

One-time relaxation for verification of all income tax-returns e-filed for the Assessment Year 2020-21 which are pending for verification and processing of such returns: FinMin Circular dated 28.12.2021 Circular No. 21/2021 F. No. 225/140/2021/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, dated 28th December,2021 Subject:…

Income Tax Calculator 2021-22 (AY 2022-23) – With Exemptions and New Tax Regime

Calculate Income Tax in Old Regime (Wtih exemptions at higher Income Tax Slab) and in New Tax Regime (No tax exemptions with lower Income Tax Slab) – Income Tax Calculator 2021-22 Calculate Income Tax in Old Regime (Wtih exemptions with higher Income Tax Slab) and in New Tax Regime (No tax exemptions with lower Income…

E-Verification Scheme, 2021: Income Tax Notification No. 137/2021

E-Verification Scheme, 2021: Income Tax Notification No. 137/2021

E-Verification Scheme, 2021: Income Tax Notification No. 137/2021 dated 13.12.2021 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 13th December, 2021 (INCOME-TAX) S.O. 5187(E).—In exercise of the powers conferred by sub-sections (1) and (2) of section 135A of the Income-tax Act, 1961 (43 of 1961), the Central Government…