Post by: Renu Suresh in Income Tax
Income-tax (26th Amendment) Rules, 2021 The Central Board of Direct Taxes (CBDT) notified the Income-tax (26th Amendment) Rules, 2021 vide a Notification dated 2nd September 2021. With this amendment, CBDT notified the provision regarding the furnishing of declaration and evidence…
Post by: Renu Suresh in Income Tax
New Rule 8AC for Computing Short Term Capital Gain and Written-Down Value The Central Board of Direct Taxes (CBDT) vides a Notification No. 77/2021 dated 7th July 2021 notified Rule 8AC for businesses that obtained depreciation on goodwill in FY2020-2021. The excess of such depreciation will…
Post by: Renu Suresh in MCA
MCA New e-form AGILE-PRO-S The Ministry of Corporate Affairs (MCA) vides a Notification dated 7th June 2021 notified the Companies (Incorporation) Fourth Amendment Rules, 2021. With this amendment, MCA has notified the new e-form AGILE-PRO-S (Form INC-35). By filing the…
Post by: Renu Suresh in Income Tax
TDS on Payments to Non-Residents The CBDT vide a Notification No. 18/2021, dated March 16, 2021, issued ‘Income-tax (5th Amendment) Rules, 2021’ to further amend the Income-tax Rules, 1962. With this amendment, CBDT inserted New Rule 29BA and released new FORM No.…
