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Post by: Renu Suresh in Income Tax
Income-tax (Eleventh Amendment) Rules- Revised Approval Process for Trusts The CBDT vide the Income-tax (Eleventh Amendment) Rules, 2023, has made amendments to Rule 2C, Rule 11AA, and Rule 17A, as well as various forms (Form No. 10A, Form No. 10AB,…
Post by: Renu Suresh in Income Tax
Form ITR-U for Filing Updated Return The Finance Act, of 2022 has introduced a new concept of updated return, which has permitted taxpayers to update their ITRs within two years of filing, subject to payment of taxes. The Central Board…