Category Archives: Income Tax

RESPONSE TO OUTSTANDING TAX DEMAND I INCOME TAX I CA Satbir Singh

Notification No. 91/2022 F. No. 370142/31/2022-TPL (Part-2) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th August, 2022 S.O. 3704(E).—In exercise of the powers conferred by clause (XII) of the first proviso of clause (x) of sub-section (2) of section 56 of theIncome-tax Act,1961 (43 of 1961),the Central Government… Read More »

Notification No. 92/ 2022/ F. No. 370142/31/2022-TPL (Part-2) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 5th August, 2022 S.O. 3705(E).— In exercise of the powers conferred by clause (XIII) of the first proviso to clause (x) of sub-section (2) of section 56 of the Income-tax Act, 1961… Read More »

LATE FEES OF ITR FILING I CALCUATIONS I GROSS TOTAL INCOME or TOTAL INCOME I CA Satbir Singh

Brief note on ‘e-proceedings’ and ‘Faceless Assessment’ for reference of concerned taxpayers. Note on ‘e-Proceedings’ (For cases under International Taxation and Central Charges) 1. As a part of e-governance initiative, to facilitate conduct of assessment proceedings electronically, Income-tax Department has developed the ‘e-Proceedings’ facility. It is a simple way of communication between the Department and… Read More »

ITR LATE FILING FEES AY 2022-23 & RELAXATION I INCOME TAX RETURN I CA SATBIR SINGH