Direct Tax Update
Dear Reader,
Greetings for the day!!!
We are pleased to share the recent Income Tax notification and circulars.
S.no Description Relevant links
1. CBDT launches e-campaign for FY 2023-24, focusing on significant financial transactions made by individuals. This campaign, called Advance Tax e-Campaign-Significant Transactions for A.Y. 2024-25, promotes voluntary tax compliance. Press Release Dtd 10.03.2024
2. CBDT grants approval to the “Indian Institute of Technology, Kharagpur” (PAN: AAAJI0323G) under the category of “University, college, or other institution” for scientific research for Section 35(1)(ii). Notification no.29/2024 Dtd 13.03.2024
3. CBDT grants approval to “Sardar Vallabhbhai National Institute of Technology” (PAN: AAAJS1184P) under the category of “University, college, or other institution” for scientific research for Section 35(1)(ii). Notification no.30/2024 Dtd 13.03.2024
4. CBDT grants approval to “‘National Forensic Sciences University, Gandhinagar” (PAN: AAALN3742Q) under the category of “University, college, or other institution” for scientific research for Section 35(1)(ii). Notification no.31/2024 Dtd 13.03.2024
5. CBDT has designated "The Press Trust of India Limited, New Delhi" as a news agency for two AYs 2022-2023 to 2023-2024, u/s 10(22B), subject to its income being used solely for news collection and distribution. Notification no.32/2024 Dtd 15.03.2024
We trust you will find this Journal informative as well as useful.
For any queries, you can write to us at "info@akgvg.com".
Looking forward to receive your valuable feedback

Disclaimer: This insight is meant for informational purpose only and should not be considered as an advice or opinion, or otherwise, whatsoever. AKGVG & Associates does not intend to advertise its services through this insight. AKGVG & Associates is not responsible for any error or omission in this insight or for any action taken based on its contents.

Best Regards!
Knowledge Updates Team
AKGVG & Associates
(Chartered Accountants)

DELHI | GURGAON | MUMBAI | AHMEDABAD | BANGALORE | CHENNAI | CHANDIGARH
Tel: +91 9811118031, 9818330516,
Telefax:+91 11 49037920
Website: https://www.akgvg.com