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Income Tax

Subject : Monetary limits for filing/withdrawal of Wealth Tax appeals by the Department before ITAT, HCs and SLPs/appeals before SC through extending the scope of Circular 3 of 2018 -Measures for reducing litigation.

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Subject : Notification Number S.O.2088(E) dated the 24th May, 2018 amended.

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Subject : M/s BSE Limited, Mumbai notified as a recognised association for the purpose of Section 43 (5) of the Income-tax Act, 1961.

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Subject : Applicability of section 56(2)(viia) of the Income-tax Act, 1961 or similar provisions under section 56(2) of the Income-tax Act, 1961 for issue of shares by a company.

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Subject : Withdrawal of Circular No.10/2018 dated 31.12.2018 on applicability of section 56(2)(viia) of the Income-tax Act, 1961 for issue of shares by a company in which public are not substantially interested.

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