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The central board of direct taxes has notified a scheme for registration and re registration of trusts religious and charitable institutions which will come into effect from april 1 2021. Former cbdt chairman sushil chandra appointed chief election commissioner sushil chandra will take over as the new cec from april 13 2021. Facebook twitter instagram teglegram jio news.
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Trading halts are implemented to ensure a fair and. Historical background of c b d t. The income tax refunds of rs 5575 crore have also been issued in over 12 71 lakh cases and corporate tax refunds of rs 11 486 crore have been issued in 29 592 cases.

7 56 am iiroc can make a decision to impose a temporary suspension halt of trading in a security of a publicly listed company.

Cbdt twitter. The central board of direct taxes recently attempted to provide relief to individuals who are stranded in india due to the ongoing travel embargo and may be subject to double tax in india. Sunil dhawan. Cbdt issues procedure and guidelines for submission of statement of financial transactions for dividend interest income. Stock analysis for empower clinics inc cbdt canadian sec including stock price stock chart company news key statistics fundamentals and company profile.

The central board of direct taxes is a statutory authority functioning under the central board of revenue act 1963. Tnn facebook twitter linkedin email. The cbdt notification covers hospitals dispensaries nursing homes covid care centres or similar other medical facilities. Central board of direct taxes cbdt has issued refunds of over rs 17 061 crore to more than 13 lakh taxpayers between 1st of april to 10th of may this year.

Amendments have been made to income tax rules through a notification issued saturday. Moreover the export of goods has been exempted from the applicability of the provisions of tcs it added. The clarification sought by way of this circular was highly anticipated by individuals who have been stranded in india during financial year 2020 2021 and qualify as tax residents of india under the income. Like us on facebook and follow us on twitter.

In a statement the central board of direct taxes cbdt clarified that tcs shall be applicable only on the amount received on or after october 1 2020 and a seller would be required to collect tcs only if his turnover exceeds rs 10 crore in the last financial year. The officials of the board in their ex officio capacity also function as a division of the ministry dealing with matters relating to levy and collection of direct taxes.