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Income Tax :

CBDT notifies Cost Inflation Index for Fy 2022-23 to be 331.

Income Tax :

New Section 194R applicable from 1st July 2022.

Income Tax :

CBDT extends due date of filing Form 10AB (Final Registration of Charitable Trusts) which are due to file on or before 29.9.2022 may be filed till 30th September 2022.

Income Tax :

LTC deadline to submit bills/claims for benefits under the LTC Special Cash package scheme has been further extended to May 31, 2021. The Department of Expenditure, via an Office Memorandum stated that due to the current Covid-19 situation the last date of submission of bills under the LTC Cash scheme has been extended till May 31.