Arm's Length Price Tolerance Range for Assessment Year 2022-2023
The Central Government notifies the tolerance range for the arm's length price for assessment year 2022-2023.
CBDT·28 Jun 2022·Notification·Notification No. 71/2022 / F. No. 187/3/2020-ITA-I
Jurisdiction of Income-tax Authorities Schedule-II Amendment
The Central Board of Direct Taxes amends Schedule-II of notification number 70/2014 to revise the jurisdiction of Income-tax authorities for Central charges in Delhi and Mumbai.
CBDT·28 Jun 2022·Notification·Notification No. 72/2022/F. No. 187/3/2020-ITA-I
Jurisdiction of Income-tax Authorities under Section 120
The Central Board of Direct Taxes amends Notification No. 54/2014 to update the jurisdiction and designation of income-tax authorities for international taxation and transfer…
IFSCA·28 Jun 2022·Circular·IFSCA/CMD-DMIIT/BD/2022-23/1
Refund of Security Deposit to Broker Dealers on Surrender of Membership
The International Financial Services Centres Authority directs Stock Exchanges to release security deposits after specific time periods when Broker Dealers surrender their…
CBDT·27 Jun 2022·Notification·Notification No. 69/2022/F. No. 500/SWF1/S10(23FE)/FT&TR-II-Pt. 3
Seventy Second Investment Company LLC Tax Exemption Specification
The Central Government specifies the sovereign wealth fund Seventy Second Investment Company LLC as the specified person for tax exemption under section 10 clause 23FE.
CBIC-GST·24 Jun 2022·Notification·1/2022–Compensation Cess
Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022
The Central Government notifies the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022.
CBDT·24 Jun 2022·Notification·Notification No. 2 of 2022
STT Return Submission Format, Procedure and Guidelines
Reporting institutions submit Securities Transaction Tax returns electronically through SFTP servers using specified data formats.
Designation of Special Courts for Uttarakhand under Income-tax Act and Black Money Act
The Central Government designates specific courts in the State of Uttarakhand as Special Courts for the Income-tax Act, 1961 and the Black Money Act, 2015.
This master circular consolidates instructions on housing finance for primary urban co-operative banks and specifies borrower eligibility, loan limits, terms, and safeguards.
The Central Board of Direct Taxes amends the Income-tax Rules, 1962, to update tax deduction at source provisions and forms for virtual digital assets and other payments.
IFSCA·17 Jun 2022·Circular·329/IFSCA/DPM/TS/2022-23/1
Clarification on Investment in Bullion Depository Receipts on IIBX via LRS
Resident individuals are not permitted to transact or invest in Bullion Depository Receipts on the India International Bullion Exchange through the Liberalised Remittance Scheme…
CBDT·17 Jun 2022·Notification·Notification No. 66 /2022 / F. No. 370142/26/2022-TPL
Income-tax (18th Amendment) Rules, 2022 for Safe Harbour
The Central Board of Direct Taxes amends the Income-tax Rules, 1962 to extend safe harbour provisions.
TDS Exemption on Aircraft Lease Rent Paid to IFSC Units
The Central Government specifies that no deduction of tax shall be made under section 194-I of the Income-tax Act on lease rent or supplemental lease rent payments for aircraft…
