Central Board of Direct Taxes (CBDT) issued notification no. 39/2026 dated 27.03.2026.
PROTOCOL AMENDING THE CONVENTION BETWEEN THE GOVERNMENT OF THE REPUBLIC OF INDIA AND THE GOVERNMENT OF THE FEDERATIVE REPUBLIC OF BRAZIL FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME, SIGNED AT NEW DELHI ON 26 APRIL1988 (AS AMENDED BY THE PROTOCOL SIGNED IN OCTOBER 2013)
Share this content:
CBDT issued notification no. 38/2025 dated 23.04.2025. The Central Government hereby notifies that any expenditure incurred to settle proceedings initiated in relation to contravention or defaults under the following laws shall not be deemed to have been incurred for the purpose of business or profession and no deduction or allowance shall be made in respect of such expenditure, namely:–
CBDT issued notification no. 122/2024 dated 27.11.2024 the Central Government hereby notifies the transfer of capital asset from NLC India Limited (“NLCIL”), being transferor public sector company, to NLC India Renewables Ltd (“NIRL”), being transferee public sector company, under the plan approved by the Central Government on 1st day of August, 2024, for the purposes of clause (viiaf) of section 47 of the Income-tax Act, 1961 (43 of 1961)
CBDT issued notification no. 11/2025 dated 27.01.2025 whereby the Central Government approves ‘Shri Chaitanya Health and Care Trust’ for its unit ‘Bhaktivedanta Hospital & Research Institute’, Thane, Maharashtra, for ‘Scientific Research’ under the category of ‘University, college or other institution’ for the purposes of section 35(1)(ii) of the Income-tax Act, 1961 read with rules 5C and 5E of the Income-tax Rules, 1962.
