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| Dear Reader, | |||
| Greetings for the day!!! We are pleased to share the recent Income Tax notification and circulars. |
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| S.no | Description | Relevant links |
| 1. | CBDT grants approval to “Panjab University, Chandigarh (PAN: AAAJP0325R) under the category of “University, college, or other institution” for scientific research for Section 35(1)(ii). | Notification no.23/2024 Dtd 26.02.2024 |
| 2. | CBDT updated ITR forms 2,3, & 5by inserting new columns in Schedule 80DD, Schedule 80U, and Schedule CG. | Notification no.22/2024 Dtd 21.02.2024 |
| 3. | CBDT issued a directive to extinguish old outstanding tax demands from the portal,with a maximum ceiling limit of Rs. 1 lakh per taxpayer. | Order pass Dtd 13.02.2024 |
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