Income-tax (31st Amendment) Rules, 2022 – Form ITR-A

Income-tax (31st Amendment) Rules, 2022 - Form ITR-A Central Board of Direct Taxation (CBDT) vide Notification No. 110/2022 dated 19.09.2022 notified the Income-tax (31st Amendment) Rules, 2022. With this, CBDT notified new Rule 12AD and modified income return Form ITR-A.…

Income-tax (19th Amendment) Rules, 2022

Income-tax (19th Amendment) Rules, 2022 The Central Board of Direct Taxes (CBDT) vide a Notification No. 67/2022 dated 21.06.2022 in G.S.R. 463(E) has notified Income-tax (19th Amendment) Rules, 2022 amending the Income-tax Rules, 1962 to incorporate changes introduced by the…

Income-tax (Seventeenth Amendment), Rules, 2022

Income-tax (Seventeenth Amendment), Rules, 2022 The Central Board of Direct Tax (CBDT) vide Notification No. 64/2022 dated 16.06.2022 has issued the Income-tax (Seventeenth Amendment), Rules, 2022. New rules shall come into force from the date of their publication in the…

Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022

Companies (Removal of Names of Companies from the Register of Companies) Amendment Rules, 2022 The Ministry of Corporate Affairs (MCA) vide a notification dated 9th June 2022 has issued the Companies (Removal of Names of Companies from the Register of…

Companies (Share Capital and Debentures) Amendment Rules, 2022

Companies (Share Capital and Debentures) Amendment Rules, 2022 The Ministry of Corporate Affairs vides its Notification No. G.S.R. 335(E) dated. 04th May 2022 has notified Companies (Share Capital and Debentures) Amendment Rules, 2022 to amend the existing Companies (Share Capital…

Income-tax (Fourteenth Amendment) Rules, 2022

Income-Tax (Fourteenth Amendment) Rules, 2022 Central Board of Direct Taxes, Government of India (CBDT) vide a Notification No. 51/2022 dated 09.05.2022 has introduced the Income-tax (Fourteenth Amendment) Rules, 2022. With this amendment, CBDT  has amended Form 10A, Form 10AB, Form…

Form ITR-U for filing Updated Return

 Form ITR-U for Filing Updated Return The Finance Act of 2022 has introduced a new concept of updated returns, which has permitted taxpayers to update their ITRs within two years of filing, subject to payment of taxes. The Central Board…

Companies (Accounts) Second Amendment Rules, 2022

Companies (Accounts) Second Amendment Rules, 2022 The Ministry of Corporate Affairs has recently notified the Companies (Accounts) Second Amendment Rules, 2022 vide a Notification dated 31st March 2022. With this amendment, the MCA has extended the implementation of Audit Trail…

New Rule 21AAA – Income-tax (6th Amendment) Rules, 2022

New Rule 21AAA: Income-tax (6th Amendment) Rules, 2022 The Central Board of Direct Taxes (CBDT) on March 26, 2021, has issued the Income-tax (6th Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962.  With this amendment, CBDT has notified…

Faceless Inquiry or Valuation Scheme, 2022

Faceless Inquiry or Valuation Scheme, 2022 Central Board of Direct Taxes (CBDT) vide Notification No. 19/2022 in S.O. 1468(E) dated 30th March 2022 notified Faceless Inquiry or Valuation Scheme, 2022 to introduce the Artificial Intelligence for Assessment Proceedings under section 142…