CBDT specifies Conditions for exemption of money received from employer or any person for Covid-19 Treatment under Section 56 (2)(x) vide Notification No. 92/2022-Income Tax, Dated: 05.08.2022 MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 5th August, 2022 S.O. 3705(E). - In exercise of the powers conferred by clause … [Read more...] about The amount received in any financial year shall be furnished in Form A to the Assessing Officer within nine months from the end of such financial year or 31.12.2022
| Cabinet approved 3% DA from Jan 2022 PDF |
| 28% to 31% Revised DA Order 2021 for Central government employees due from 01.07.2021 |
Income Tax - Central Government Employees
Tax Relief in the repercussion of Covid-19 treatment is tax-free under Section 56 (2)(x)
Tax Relief in the repercussion of Covid-19 Documents to be submitted by Employees for Tax Relief in the repercussion of Covid-19 under Section 56 (2)(x): IT Notification No. 90/2022 CBDT specifies Documents to be submitted by Employees for Tax Relief in the repercussion of Covid-19 under Section 56 (2)(x) vide Notification No. 90/2022-Income Tax, Dated: … [Read more...] about Tax Relief in the repercussion of Covid-19 treatment is tax-free under Section 56 (2)(x)
Income tax payers are not eligible to participate in Atal Pension Yojana
Atal Pension Yojana Gazette Notification dated 10.08.2022 MINISTRY OF FINANCE(Department of Financial Services)NOTIFICATION New Delhi, the 10th August, 2022 F. No. 16/1/2015-PR.- Atal Pension Yojana. - In partial modification of Ministry of Finance, Department of Financial Services Notification No. 16/1/2015-PR dated 16th October, 2015 on Atal Pension Yojana, published … [Read more...] about Income tax payers are not eligible to participate in Atal Pension Yojana
Reduction of time limit for verification of Income Tax Return (ITR) from 120 days to 30 days of transmitting the data of ITR electronically
Reduction of time limit for verification of Income Tax Return (ITR) Notification No. 05 of 2022 Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesDirectorate of Systems New Delhi, dated : 29.07.2022 Subject: Reduction of time limit for verification of Income Tax Return (ITR) from within 120 days to 30 days of transmitting the … [Read more...] about Reduction of time limit for verification of Income Tax Return (ITR) from 120 days to 30 days of transmitting the data of ITR electronically
Taxability of various components of salary – Income from Different Sources AY 2023-2024 (FY 2022-2023)
Income from Different Sources AY 2023-24 (FY 2022-23) under Income Tax as amended by Finance Act, 2022 Any income which is not chargeable to tax under any other heads of income and which is not to be excluded from the total income shall be chargeable to tax as residuary income under the head “Income from Other Sources”. Treatment of Income from Different Sources I. … [Read more...] about Taxability of various components of salary – Income from Different Sources AY 2023-2024 (FY 2022-2023)
List of benefits available to Salaried Persons for AY 2023-24 FY 2022-23 under Income Tax as amended by Finance Act, 2022
List of benefits available to Salaried Persons* [AY 2023-24] S.N.SectionParticularsBenefitsA.Allowances1.10(13A)House Rent Allowance (Sec. 10(13A) & Rule 2A)Least of the following is exempt: a) Actual HRA Receivedb) 40% of Salary (50%, if house situated in Mumbai, Calcutta, Delhi or Madras)c) Rent paid minus 10% of salary* Salary= Basic + DA (if part of … [Read more...] about List of benefits available to Salaried Persons for AY 2023-24 FY 2022-23 under Income Tax as amended by Finance Act, 2022
Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2022-2023 CBDT Procedure for compulsory selection
CBDT Complete Scrutiny F.No.225/ 81/2022/ITA-IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes (ITA-II division) North Block, New Delhi, the 03rd June, 2022 To All Pr. Chief Commissioners of Income-tax/ Chief Commissioners of Income-taxAll Pr. Director Generals of Income-tax/ Director Generals of … [Read more...] about Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2022-2023 CBDT Procedure for compulsory selection
Processing of Pension Papers and personal claims
Office of the Pr. Chief Commissioner of Income TaxAndhra Pradesh & Telangana10th Floor, Income Tax Towers, AC Guards, Hyderabad-500 004Tel No. 040 23425475, Fax: 23241427/23240403 F. No. Pr. CCIT/Estt/Pension/22.23 Dated :13.05.2022 OFFICE MEMORANDUM Sub: Establishment - I.T. Department, A.P.& Telangana - Clarification regarding processing of Pension Papers … [Read more...] about Processing of Pension Papers and personal claims
INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 FINANCIAL YEAR 2021-2022 PDF
GOVERNMENT OF INDIA MINISTRY OF FINANCE(DEPARTMENT OF REVENUE)CENTRAL BOARD OF DIRECT TAXES DEDUCTION OF TAX AT SOURCEINCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961DURING THE FINANCIAL YEAR 2021-22 CIRCULAR NO 04/2022 NEW DELHI, the 15th March, 2022 Table of Contents 1. Definition of “salary”, “perquisite” and ‘profit in lieu … [Read more...] about INCOME-TAX DEDUCTION FROM SALARIES UNDER SECTION 192 FINANCIAL YEAR 2021-2022 PDF
EPF interest rate for 2021-2022 at 8.10% to its subscribers – PIB
8.10% EPF interest rate 2021-2022 Ministry of Labour & Employment The Central Board recommends 8.10% rate of interest to its subscribers for the year 2021-22 12 MAR 2022 The 230th meeting of Central Board of Trustees, EPF was held today during the AKAM Iconic Week in Guwahati under the Chairmanship of Shri Bhupendra Yadav, Union Minister for Labour & … [Read more...] about EPF interest rate for 2021-2022 at 8.10% to its subscribers – PIB
CENTRAL GOVT HOLIDAY LIST 2023
Indian Railway Holiday List 2023 PDF | Postal Holidays List 2023 India Post | Bank Holidays List 2023 India | LIC Office Holiday List 2023 PDF Download | ESIC Holiday List 2023 PDF Download | CGHS Holiday Calendar List 2023 | CENTRAL GOVT HOLIDAY LIST 2022 | Post Office Holidays 2022 | Railway Holidays CG Office Holidays 2022 | TN Govt Holidays 2022 | KVS Holiday List 2022 PDF
