With a view to decriminalise certain offences & to facilitate compounding of offences under the Income-tax Act, 1961, CBDT issues fresh guidelines dated 16.09.2022.
Due date to file TDS Form 26Q extended to 30 Nov 22
27 Oct, 2022Central Board of Direct Taxes, has extended the due date to file the Form 26Q for the second quarter of FY 22-23 from 31 October 2022 to 30 November 2022.
Extension of due date for furnishing return of income AY 2022-23
26 Oct, 2022The Central Board of Direct Taxes extends the date of furnishing of Return of Income under section 139 (1) of the Income Tax Act for the Assessment Year 2022-23, which is 31 October 2022 in the case of assessees referred in clause (a) of Explanation 2 to sub-section (I) of section 139 of the Act, to 07 November 2022.
Additional Guidelines under section 194R (2) of Income Tax Act
13 Sep, 2022CBDT has issued some more clarifications vide its circular relating to sub-section (2) of section 194R on issues which will help to remove difficulties in implementation of this provision.
Guidelines on perquisites under section 194R (2) of the Income Tax Act
16 Jun, 2022The Finance Act 2022 inserted a new section 194R in the Income-tax Act, 1961.