Tag «F. No. 225/81/2022-ITA-II»

Tax Updates in June 2022

Tax Updates in June 2022

Tax Updates in June 2022 Income Tax Notification Issue during the month of June 2022 Government relaxes and modifies certain conditions for eligible investment fund and eligible fund manager – Notification No 59/2022 dated 06-06-2022. CBDT issue compliance check functionality for Section 206AB and Section 206CCA of the Income tax Act 1961 – Notification 1 …

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Tax Updates in May 2022

Tax Updates in May 2022

Summary of Tax Updates in May 2022 Income Tax Notification Issue during the month of May 2022 1. Rule 44E amended and substituted the old Form No 34C to new Form No 34EA. Form 34EA to be made by concerned assessee for obtaining the advance ruling – Notification No 49/2022 dated 05-05-2022. 2. Rule 2DCA …

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