Post by: Renu Suresh in Income Tax
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…
Post by: Renu Suresh in Income Tax
Securities Transaction Tax (1st Amendment), Rules, 2022 The Central Board of Direct Taxes vides a Notification 9/2022 dated 18/01/2022 has notified the Securities Transaction Tax (1st Amendment), Rules, 2022. The amendment clarifies that the Person responsible for collection and payment…
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…
