CBDT releases draft notification for amending rule for computation of interest income

The Central Board of Direct Taxes has proposed an amendment to Rule 10CB of the Income Tax Rules for computation of interest income. To this end, a draft notification has been uploaded by CBDT and they have invited suggestions and comments from the public for the same till July 9, 2018. Also Read: CBDT proposes amendments … Continue reading CBDT releases draft notification for amending rule for computation of interest income

CBDT proposes amendments to Income Tax Rules and Forms, Invites the public to make suggestions

The Central Board of Direct Taxes has proposed changes in Forms 36 and 36A, as well as in Rule 47 of the Income Tax Rules, 1962. The Department has invited the public to give comments and suggestions on the draft notification put up on its website. The comments and suggestions may be sent electronically by … Continue reading CBDT proposes amendments to Income Tax Rules and Forms, Invites the public to make suggestions