Category Archives: Income Tax

Notification No 91/2022 : COVID 19 Tax Exemptions for Medical Exepenses

By | August 6, 2022

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 COVID 19 Income Tax Exemption of amount received after Death of Person

By | August 6, 2022

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 »

Brief note on ‘e-proceedings’ and ‘Faceless Assessment’ for reference of concerned Income taxpayers.

By | July 12, 2022

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 »