Daily Archives: May 31, 2023

CBDT GUIDLINES FOR COMPULSORY SELECTION OF RETURNS FOR SCRUTINY FY 2023-24 

By | May 31, 2023
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GUIDELINES FOR COMPULSORY SELECTION OF RETURNS FOR COMPLETE SCRUTINY DURING FINANCIAL YEAR 2023-24  CIRCULAR F.NO.225/66/2023/ITA-II, DATED 24-5-2023 1. Kindly refer to the above. 2. The parameters for compulsory selection of returns for Complete Scrutiny during Financial Year 2023-24 and procedure for compulsory selection in such cases are prescribed as under: s. No. Parameter Procedure for Compulsory Selection 1… Read More »

Income-tax (7th Amendment) Rules 2023 Section 80G : Provisional approval effective date

By | May 31, 2023
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Income-tax (7th Amendment) Rules 2023 Section 80G : Provisional approval effective date MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, 30th May, 2023 INCOME-TAX G.S.R. 399(E).— In exercise of the powers conferred by clauses (i), (ii), (iii) and (iv) of the first proviso to sub-section (5) of section 80G and… Read More »

Seller can not ask Mobile number of Customer to Generate Bills : New Advisory

By | May 31, 2023
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Seller can not ask Mobile number of Customer to Generate Bills : New Advisoryadvisory on mobile number In order to safeguard consumers privacy, the Ministry of Consumer Affairs has come up with an advisory for retailers. Under the new advisory, shopkeepers can no longer compel customers to provide their personal contact details for generating bill… Read More »