Income Tax - 2024

Go to Income Tax - 2023 Listings

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

Notifications:

• Notification u/s 280A of the Income Tax Act, 1961 for designation of Courts in Tamil Nadu for the purpose of section 84 of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 [No.126]
• The Income-tax (Tenth Amendment) Rules, 2024 - Amendments in Safe Harbour Rules [No.124]
• Income Tax exemption for approved Foreign Representatives and Diplomats from section 194N [No.123]
• 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.6/2024]
• 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:

• Extension of due date for furnishing return of income in the case of an assessee who is required to furnish a report referred to in section 92E for the AY 2024-25 [Circular No.18]
• Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22 and 2022-23 [Circular No.17]
• Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 9A/10/10B/10BB for Assessment Year 2018-19 and subsequent assessment years [Circular No.16]
• 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:

• PAN 2.0 Project of the CBDT receives CCEA Approval [Press Release]
• Compliance-Cum-Awareness Campaign for AY 2024-25 [Press Release]
• 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