Deduction of TDS under section 192 read with sub-section (1A) of section 115BAC of the Income-tax Act, 1961: IT Circular dated dated 05.04.2023 Circular No. 04 of 2023 F. No.370142/06/2023-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 5th April, 2023 Sub: Clarification regarding deduction of…
Income-tax (Fourth Amendment) Rules, 2023: Rules 114AAA – Manner of making permanent account number inoperative: IT Notification No. 15/2023 dated 28.03.2023 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 28th March, 2023 INCOME-TAX G.S.R.227(E).—In exercise of the powers conferred by section 139AA read with section 295 of the…
Consequences of PAN becoming inoperative as per the newly substituted rule 114AAA: CBDT Circular No. 03 of 2023 dated 28.03.2023 Circular No. 03 of 2023 F. No. 370142/14/2022-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, Dated the 28th March, 2023 Sub.: Consequences of PAN becoming…
Last date for linking of PAN-Aadhaar extended to 30th June, 2023: PIB Ministry of Finance Last date for linking of PAN-Aadhaar extended Posted On: 28 MAR 2023 2:48PM by PIB Delhi In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June, 2023,…
Assessing and regularization of Income Tax for the Financial Year 2023-2024: DAD Circular No. 27 dated 07.03.2023 Government of India Ministry of Defence Controller of Defence Accounts, Guwahati No. AN/III/019/OIT/2023-24/Vol-XII Dated: 07/03/2023 CIRCULAR NO. 27 To The Officer-in-Charge, (All section of M.O & All sub-office) Subject: Assessing and regularization of Income Tax for the F.Y-…
TDS rate on EPF withdrawals and benefits to the pensioners under EPFO: Lok Sabha QA GOVERNMENT OF INDIA MINISTRY OF LABOUR AND EMPLOYMENT LOK SABHA UNSTARRED QUESTION NO. 1878 TO BE ANSWERED ON 13.03.2023 TDS RATE ON EPF WITHDRAWALS 1878. SHRI JAGDAMBIKA PAL: SHRI VINCENT H. PALA: Will the Minister of LABOUR AND EMPLOYMENT be…
Clarification on the provisions under Income Tax Act’ 1961 pertaining to National Pension System (NPS) FOOD CORPORATION OF INDIA HEADQUARTERS 16-20, BARAKHAMBA LANE NEW DELHI – 110001 No. DCPS / 1 / Wage Revision / 2017-2018 Dated: 13th Feb, 2023 Circular No. FCIDCPS-02/2023 Subject: Clarification on the provisions under Income Tax Act’ 1961 pertaining to…
Income Tax on GPF accumulation beyond threshold limit: CGDA Clarification order dated 27.02.2023 र्यालय, रक्षा लेखा महानियंत्रक उलान बटा रोड, पालम, दिल्ली छावनी – 110010 Office of Controller General of Defence Accounts Ulan Batar Road, Palam, Delhi Cantt.- 110010 ABFU-4052/7/2020-PAYC-Part(1) Dated: 27.02.2023. To All Regional PCSDA/CsDA PCDA (QO) Pune PCDA (Navy) PCDA’s (AF) CDA (IT&SDC)…
Income Tax Calculator – Old Regime vs New Regime as proposed by Finance Bill, 2023: Incometax India Finance Minister Nirmala Sitharaman has in Budget 2023 announced slew of changes in income tax slabs under the new tax regime. The key changes announced on February 1, 2023, are: Changes in the income tax slabs under the…
Income-tax (First Amendment) Rules, 2023 – Forms ITR-1 SAHAJ, ITR-2, ITR-3, ITR-4 SUGAM, ITR-5, ITR-6, ITR-V and I-ITR Acknowledgement for AY 2023-2024: Notification No. 04/2023 dated 10.02.2023 MINISTRY OF FINANCE (Department Of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 10th February, 2023 G.S.R 91(E).—In exercise of the powers conferred by section 139…
Standard Deduction for tax calculation available on the gross salary of salaried employees: Rajya Sabha QA GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE RAJYA SABHA UNSTARRED QUESTION NO. – 558 ANSWERED ON 07.02.2023 STANDARD DEDUCTION FOR TAX CALCULATION 5538. SHRI VIKRAMJIT SINGH SAHNEY: Will the Minister of FINANCE be pleased to state: (a)…
Alleged Harassment by Income Tax Authorities: Lok Sabha QA GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA STARRED QUESTION NO. 56 TO BE ANSWERED ON MONDAY, 06th FEBRUARY, 2023/ MAGHA 17, 1944 (SAKA) ALLEGED HARASSMENT BY INCOME TAX AUTHORITIES 56. SHRIMATI MAHUA MOITRA: Will the Minister of FINANCE be pleased to state:…