Income Tax - 2024

Go to Income Tax - 2023 Listings

• Notifications
• Circulars
• Press Releases / Orders
• Instructions
• Advisory

Notifications:

• Specifying Forms Prescribed in Appendix-II of the Income Tax Rules 1962, to be furnished electronically under sub-rule(1) and sub-rule (2) of Rule 131 of the Income Tax Rules, 1962 [No.5/2024]
• Notification u/s 92C(2) of the Income tax Act 1961 - Regarding Variations in Transfer Pricing [No.116]
• The Income-tax (Ninth Amendment) Rules, 2024 - Amendment made due to amendment in Section 206C - Amendment to Rule 31AA of Income Tax Rules, 1962 [No.114]
• The Income-tax (Eighth Amendment) Rules, 2024 - TDS on income other than Salary - New Form 12BAA [No.112]
• The Income-tax Amendment (Seventh Amendment) Rules, 2024 - Amendments in Registration of Charitable Trusts and Institutions - Amendments in Form 10A & 10AB [No.111]
• Procedure for making declaration and furnishing undertaking in Form-1 under Rule 4 of The Direct Tax Vivad Se Vishwas Rules, 2024 [No.4/2024]
• Corrigendum to Notification No.104/2024 - The Direct Tax Vivad se Vishwas Rules, 2024 [No.105]
• The Direct Tax Vivad se Vishwas Rules, 2024 [No.104]
• Enactment of Direct Tax Vivad Se Vishwas Scheme 2024 [No.103]
• Extension to exemption u/s 10(23FE) [No.65]
• Extension to exemption u/s 10(23FE) [No.64]
• Extension to exemption u/s 10(23FE) [No.63]
• Extension to exemption u/s 10(23FE) [No.62]
• Extension to exemption u/s 10(23FE) [No.61]
• Extension to exemption u/s 10(23FE) [No.60]
• Extension to exemption u/s 10(23FE) [No.59]
• Extension to exemption u/s 10(23FE) [No.58]
• Extension to exemption u/s 10(23FE) [No.57]
• Extension to exemption u/s 10(23FE) [No.56]
• Extension to exemption u/s 10(23FE) [No.55]
• Extension to exemption u/s 10(23FE) [No.54]
• Specifying Forms to be furnished electronically u/s 131(1) and 131(2) prescribed in Appendix-II of the Income Tax Rules 1962 [No.1/2024-25]
• Amendments in Jurisdiction of Principal Chief Commissioner of Income-tax, UP [No.50]
• The Income-tax (Sixth Amendment) Rules, 2024 - Amendment in Form 27Q [No.48]
• Cost of Inflation Index notified [No.44]
• Amendment of Notification dated 06.09.2018 raising the pecuniary jurisdiction of DRT
• Amendments in Notification No. S.O.2692 (E), dated the 10th June, 2022, read with Corrigendum Notification No. S.O.3044(E) dated 4th July,2022 [No.39]
• Corrigendum to Notification No.2 of 2024 dated 31.03.2024
• Time limit for verification of return of income after uploading [No.2]
• The Income-tax (Fifth Amendment) Rules, 2024 - Changes in ITR form V and Acknowlegement for A.Y 2024 25 [No.37]
• Corrigendum to Notification No.27/2024 [No.34]
• DTAA with Spain [No.33]
• TDS Exemption for IFSC units [No.28]
• The Income-tax (Fourth Amendment) Rules, 2024 - Amendment of Form nos 3CD, 3CEB and 65 [No.27]
• The Income-tax (Third Amendment) Rules, 2024 - ITR-7 notified [No.24]
• Corrigendum to Notification GSR 83(E), dated 31st January, 2024 (ITR Notification)
• DTAA with Samoa [No.21]
• Notification under Section 118 of the Income Tax Act, 1961 - Control of specified Principal CCITs [No.20]
• The Income-tax (Amendment) Rules, 2024 - Changes in the ITR Forms 2, 3 and 5 [No.19]
• ITR 6 for AY 2024-25 notified [No.16]
• Notification u/s 10(46) giving retrospective effect to certain earlier notifications [No.14]
• Corrigendum to the Notification for Stichting Pension funds under section 10(23FE) [No.5]
• Notification u/s 10(4G) of the Income tax Act 1961 [No.4]

Circulars:

• Order under section 119(1) of the IT Act, 1961 fixing the monetary limits of the Income-tax authorities in respect of reduction or waiver of interest paid or payable under section 220(2) of the IT Act [Circular No.15]
• Condonation of delay under clause (b) of sub-section (2) of section 119 of the Income-tax Act, 1961 for returns of income claiming deduction u/s 80P of the Act for Assessment Year 2023-24 [Circular No.14]
• Extension of due date for furnishing return of income for the Assessment Year 2024-25 [Circular No.13]
• Guidance Note 1/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024 [Circular No.12]
• Order authorizing Income-tax authorities to admit an application or claim for refund and carry forward of loss and set off thereof under section 119(2)(b) of the Income-tax Act, 1961 [Circular No.11]
• Extension of timelines for filing of various reports of audit for the Assessment Year 2024-25 [Circular No.10]
• Further enhancement of Monetary Limits for Filing of Appeals by the Department before ITAT, High Courts and SLPs/appeals before Supreme Court [Circular No.9]
• Non-applicability of higher rate of TDS/TCS as per provisions of section 206AA/206CC of the Income-tax Act, 1961, in the event of death of deductee/collectee before linkage of PAN and Aadhaar [Circular No.8]
• ​Extension of due date for filing of Form No. 10A/10AB under the Income-tax Act, 1961 [No.7]
• Partial modification of Circular No. 3 of 2023 dated 28.03.2023 regarding consequences of PAN becoming inoperative as per rule 114AAA of the Income-tax Rules, 1962 [No.6]
• Circular u/s 268A for filing of appeals by the Department before ITAT/HC and SLP/appeals before SC [No.5]
• ​Ex-post facto extension of due date for filing Form No. 26QE which was required to be filed during the period 01.07.2022 to 28.02.2023 (pertaining to F.Y. 2022-23)​ [No.4]
• Regarding exemption to any trust or institution registered u/s 12AA or 12AB - Circular u/s 119 of the Income-tax Act, 1961 [No.3]
• Certain trusts / institutions allowed to furnish audit report in applicable Form No. 10B / 10BB on or before 31st March, 2024 [No.2]
• Explanatory Circular Explaining the Provisions of The Finance Act, 2023 [No.1]

Press Releases / Orders:

• CBDT issues Revised Guidelines for compounding offences under the Income- tax Act, 1961 [Press Release]
• CBDT Notifies Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents [Press Release]
• Extension of due date for filing audit report in Form No.10B/10BB for AY 2023-24 [Order]
• CBDT notifies Rules & Forms for Direct Tax Vivad Se Vishwas Scheme, 2024 [Press Release]
• CBDT rolls out e-DRS Scheme, 2022 [Press Release]
• CBDT issues clarification in respect of Income-tax clearance certificate (ITCC) [Press Release]
• CBDT Central Action Plan 2024-2025 [For Department Use]
• CBDT releases new functionality in AIS [Press Release]
• Guidelines for compulsory selection of returns for Complete Scrutiny during the FY 2024-25 - Procedure for compulsory selection in such cases
• CBDT clarification on media reports claiming special drive to reopen cases w.r.t. HRA claims [Press Release]
• Order to keep Income Tax Office open on March 29, 30 and 31 [Order]
• Advance Tax e-campaign for F.Y. 2023-24 [Press Release]
• CBDT clarifies provisions relating to donations made by a trust / institution to another trust / institution for the purposes of application of income [Press Release]
• Promoting Voluntary Compliance through e-Verification Scheme-2021 [Press Release]
• Implementation of e-Verification Scheme-2021 [Press Release]
• Income Tax Order regarding outstanding direct tax demands

Instructions:

• Instruction regarding Standard Operating Procedure for handling Internal Audit Objections [Instruction No.2]

Advisory:

• Advisory for Trusts / Institutions
• Advisory on Updated Returns