Taxcharcha

Category : Income Tax

Income TaxLatest

CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment

Team Taxcharcha
by Team Taxcharcha0451
Central Board of Direct Taxes (CBDT) has issued the clarification regarding carry forward of losses in case of changes in shareholding due to strategic disinvestment....
Income TaxLatest

CBDT extends various due dates under the Income Tax Act

Team Taxcharcha
by Team Taxcharcha0751
The Central Board of Direct Taxes (CBDT) has extended the various due dates under the Income tax vide Circular No. 16 of 2021. The various...
Income TaxLatestUncategorized

Methodology for recomputation of book profit under section 115JB of the Income tax Act, 1961 in certain cases

Team Taxcharcha
by Team Taxcharcha0454
The Central Board of Direct Taxes (CBDT) has released the Notification No. 92/2021 in which the method of re-computation of Book profit under section 115JB...
Income TaxLatest

Rule 8AC – Computation of short term capital gains and written down value under section 50 where depreciation on goodwill has been obtained

Team Taxcharcha
by Team Taxcharcha0534
The CBDT has published the Rule 8AC in which Computation of short term capital gains and written down value under section 50 where depreciation on...
Income TaxLatest

Extended Income Tax due dates

Team Taxcharcha
by Team Taxcharcha01227
The Ministry of Finance has released a Press release on 25-06-2021 in which certain Income tax deadlines has been extended to provide the relief to...
Income TaxLatest

Clarification for use of functionality under section 206AB and 206CCA of the Income-tax Act, 1961

Team Taxcharcha
by Team Taxcharcha0875
Finance Act, 2021 inserted two new sections 206AB and 206CCA in the Income-tax Act 1961 which takes effect from 1st day of July, 2021. These sections...