CBDT-DIT (Infra.)-Adherence of delegated Financial Powers and Time-lines by Head of Departments (HoDs) CBDT-DIRECTORATE OF INCOME TAX (INFRA.)- Instructions about Financial powers upto Rs.60/90 lakhs per annum have been delegated to the Head of Departments of CBDT for ‘Outsourcing of Services” and … [Read more...] about CBDT-DIT (Infra.)-Adherence of delegated Financial Powers and Time-lines by Head of Departments (HoDs)
CBDT CIRCULARS
New Provision in Finance Bill 2020-Central Board of Direct Taxes
New Provision in Finance Bill 2020-Central Board of Direct Taxes CBDT issues clarification on the new provision in Finance Bill 2020 Central Board of Direct Taxes has said that The Finance Bill, 2020 has proposed that an Indian citizen shall be deemed to be resident in India if he or she is not … [Read more...] about New Provision in Finance Bill 2020-Central Board of Direct Taxes
Extension of Due Date of Deposit of TDS and issue of Form 16 & 16A in respect of deductors of the state of Odisha – CBDT Notification
Extension of Due Date of Deposit of TDS and issue of Form 16 & 16A – CBDT Extension of Due Date of Deposit of TDS and issue of Form 16 & 16A in respect of deductors of the state of Odisha – CBDT Notification F.No.275/38/2017-IT(B)Government of IndiaMinistry of FinanceDepartment … [Read more...] about Extension of Due Date of Deposit of TDS and issue of Form 16 & 16A in respect of deductors of the state of Odisha – CBDT Notification
Amendment of Rules for Profit attribution to Permanent Establishment
Amendment of Rules for Profit attribution to Permanent Establishment Public Consultation on the proposal for amendment of Rules for Profit attribution to Permanent Establishment F.No.500/33/2017-FTD.IGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct … [Read more...] about Amendment of Rules for Profit attribution to Permanent Establishment
No TDS Deduction for Senior Citizen Upto Rs.50,000 – CBDT Notification
No TDS upto 50,000 for Senior Citizen – CBDT Notification Dt. 6.12.2018 TDS deduction under section 194A of the Income-tax Act, 1961 in case of Senior Citizens F. No. Pr. DGIT(S)/CPC(TDS)/Notification/2018-19 Notification No. 06/2018 Government of India Ministry of Finance Central Board of … [Read more...] about No TDS Deduction for Senior Citizen Upto Rs.50,000 – CBDT Notification