CBDT notifies income tax exemption to ‘Mysore Palace Board’ u/s 10(46) of the IT Act
The CBDT vide Notification No. 39/2025 dated April 25, 2025, grants income tax exemption under Section 10(46) to the Mysore […]
CBDT Notification – 2025
CBDT FAQs on Notification No. 38/2025; Non-Deductibility of Expenses for Settling Contraventions Under Financial and Competition Laws
The CBDT issued FAQs on Notification No. 38/2025, stating that expenses to settle proceedings related to contraventions under certain financial
CBDT’s FAQs on Notification No. 36/2025; TCS Applicable to Luxury Goods
The CBDT’s FAQs on Notification No. 36/2025 dated April 22, 2025 explaining the changes to section 206C(1F) of the Income
CBDT; Expenditure for Settling Proceedings under SEBI, SCRA, Depositories, and Competition Acts Not Deductible for Income-Tax Purposes
The CBDT vide Notification No. 38/2025 dated April 23, 2025 states that expenditure incurred to settle proceedings related to contraventions
CBDT notifies income tax exemption to ‘National Mission for Clean Ganga’ u/s 10(46) of the IT Act
The CBDT vide Notification No. 37/2025 dated April 22, 2025, grants income tax exemption under Section 10(46) to the National
TCS Mandated on High-Value Goods Including Wristwatches, Art, and Luxury Items
The CBDT vide Notification No. 36/2025 dated April 22, 2025, mandates the collection of tax at source for goods valued
CBDT notifies new TDS Provisions on Sale of Luxury Items
The CBDT issued Notification No. 35/2025 dated April 22, 2025, amending the Income-tax Rules, 1962. The Income-tax (Eleventh Amendment) Rules,
CBDT approves KIMS Foundation and Research Centre, Hyderabad, as an ‘Other Institution’ for scientific research under Income-tax Act
The CBDT vide Notification No. 33/2025 dated April 17, 2025, approves KIMS Foundation and Research Centre, Hyderabad, as an ‘Other
CBDT notifies the bonds issued by HUDCO on or after April 1, 2025, redeemable after five years, as ‘long-term specified assets’ u/s 54EC of the IT Act
The CBDT vide Notification No. 31/2025 dated April 07, 2024, notifies the bonds issued by HUDCO on or after April
CBDT notifies Tax Exemption to Greater Mohali Area Development Authority & Prayagraj Mela Pradhikaran, Prayagraj u/s 10(46A)(b) of IT Act
The Central Board of Direct Taxes (CBDT) issued two notifications on April 07, 2025. Notification No. 28/2025 recognizes the Greater