Treatment of Income from Different Sources AY 2023-24 (FY 2022-23) under Income Tax

Treatment of Income from Different Sources AY 2023-24 (FY 2022-23) under Income Tax

Treatment of Income from Different Sources AY 2023-24 (FY 2022-23) under Income Tax as amended by Finance Act, 2022 Treatment of Income from Different Sources I. Income under the head Salaries 1.1 Salary is defined to include: a) Wages b) Annuity c) Pension d) Gratuity e) Fees, Commission, Perquisites, Profits in lieu of or in…

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…