Circular regarding use of functionality under Section 206AB and 206CCA of the Income-tax Act, 1961 Circular No. 11 of 2021 F. No. 370133/7/2021-TPL Government of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)*********** Dated: 21st June, 2021 Sub.: Circular regarding use of functionality under Section 206AB and 206CCA of the Income-tax Act, 1961- reg. […]
Income tax
Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland
Information sought from Swiss Authorities to verify increase/decrease of deposits Certain reports have appeared in the media on 18.06.2021 stating that funds of Indians in Swiss Banks have risen to over Rs 20,700 crore (CHF 2.55 billion) at the end of 2020 from Rs 6,625 crore (CHF 899 million) at the end of 2019, reversing […]
TDS and TCS Rules – Income-tax (17th Amendment) Rules, 2021
TDS and TCS Rules – Income-tax (17th Amendment) Rules, 2021 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 8th June, 2021 (INCOME-TAX) G.S.R. 395(E).– In exercise of the powers conferred by sections 194,194A,194Q, 196D, 206AB and 206CCAread with section 295 of the Income-tax Act, 1961, (43 of 1961) the Central […]
Income tax : Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic
Income tax : Extension of time limits of certain compliances to provide relief to taxpayers in view of the severe pandemic Circular No 9 of 2021F. No.225/49/2021-ITA-II Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, Dated 20 May, 2021 Subject: Extension of time limits of certain compliances to provide relief […]
Imcome tax : Processing of Death/Retirement benefits/family pension papers and Compassionate appointment in the case of deceased employees
Imcome tax : Processing of Death/Retirement benefits/family pension papers and Compassionate appointment in the case of deceased employees Office of the Pr. Chief Commissioner of Income Tax,Andhra Pradesh & Telangana, Hyderabad,________________________________________ F.No.Pr.CCIT/Misc/Estt/2020-21 Date: 11/05/2021 ToAll the Heads of Departments/Heads of Officesof Andhra Pradesh & Telengana Region. Sir, Sub: Processing of Death/Retirement benefits/family pension papers and […]