Category Archives: IT Notification

CBDT Central Action Plan for Q1 of FY 2019-20

By | April 13, 2019

IAP: 2019-20 (For Departmental use only) MOST IMMEDIATE BY FAX F.NO. 380/1/2019-IT(B) Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes North Block, New Delhi 12th April 2019 To All Pr. Chief Commissioners of Income tax & Pr. Director Generals of the attached Directorates of CBDT Subject: Central Action Plan for the… Read More »

Due date Extended for Linking PAN with Aadhaar Card : Notification No 31/2019

By | April 1, 2019

Due date for Linking PAN and Aadhaar has been extended from 31.03.2019 to 30.09.2019. It has also been clarified that with effect from 01.04.2019, it is mandatory to quote Adhaar number while filing the return of Income, unless assessee has specifically been exempted. Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes NOTIFICATION… Read More »

‘HUDCO’ Notified for TDS exemption u/s 194A of Income Tax

By | March 22, 2019

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 20th March, 2019 No. 26/2019 S.O. 1399(E).—In exercise of the powers conferred by sub-clause (f) of clause (iii) of sub-section (3) of section 194A of the Income-tax Act, the Central Government hereby notifies the Housing and Urban Development Corporation Ltd.… Read More »

Commissioner of Income-tax (e-Verification) Notified for online issue of Notices

By | March 15, 2019

MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 13th March, 2019(INCOME-TAX) S.O. 1360(E).—In pursuance of the powers conferred by sub-sections (1) and (2) of section 120 of the Income tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby–(a) directs that the Commissioner of Income-tax specified in column (1)… Read More »

Online issuance of Notice by Principal Director General of Income-tax (Systems) Delhi : Notification No. 20/2019

By | March 15, 2019

NOTIFICATION New Delhi, the 13th March, 2019 (INCOME-TAX) S.O. 1361(E).—In pursuance of the powers conferred by sub-sections (1) and (2) of section 120 of the Income tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby directs that the Principal Director General of Income-tax (Systems), Delhi, shall exercise the powers and perform… Read More »

Rs 20 Lakh Income Tax Exemption Limit for Gratuity : Notification No. 16 /2019

By | March 12, 2019

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 8th March, 2019 (Income-tax) S.O. 1213(E).—In exercise of the powers conferred by sub-clause (iii) of clause (10) of section 10 of the Income-tax Act, 1961 (43 of 1961), and in supersession of Ministry of Finance, Department of Revenue, notification number… Read More »

CBDT notified Nodal Officer for PM-KISAN to identify eligible beneficiaries

By | March 1, 2019

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 27th February, 2019 S.O. 1065(E).—In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of Section 138 of the Income-tax Act, 1961, the Central Government hereby specifies Nodal Officer, Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) of all State Governments… Read More »

No Income Tax on Start up on issuance of shares up to Rs. 25 crore : Notification

By | February 20, 2019

MINISTRY OF COMMERCE AND INDUSTRY (Department for Promotion of Industry and Internal Trade) NOTIFICATION New Delhi, the 19th February, 2019 G.S.R. 127(E).— This notification is being issued in supersession of the GazetteNotification No. G.S.R. 364(E) dated April 11, 2018 as modified vide Gazette Notification No. G.S.R. 34 (E) dated January 16, 2019. Definitions 1. In this notification,—… Read More »

Centralised Verification Scheme 2019 notified by CBDT for Issue of Income Tax Notice

By | January 31, 2019

The Central Board of Direct Taxes (CBDT) has notified Centralised Verification Scheme, 2019 for the purpose of issuance of notice and for processing of information or document for the purpose of section 133C. The new scheme is introduced in suppression of its earlier scheme. MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the… Read More »

CBDT notified revised provisions for Unabsorbed Depreciation , set off / carry forward of losses, tax credit u/s section 115JG

By | December 8, 2018

CBDT notified revised provisions related to Unabsorbed depreciation, set off or carry forward and set off of losses, tax credit in respect of tax paid on deemed income relating to certain companies and the computation of income in the case of foreign company referred to in sub-section (1) of section 115JG of the Act and… Read More »