Stay updated
Central Board of Direct Taxes (CBDT) issued notification no. 6/2025 dated 06.01.2025 whereby the Central Government specify that a Unit of International Financial Services Centre shall not be considered as buyer for the purposes of clause (a) of the Explanation to sub-section (1H) of section 206C of the Income-tax Act, 1961 (43 of 1961) in respect of purchase of goods from a seller, subject to the certain conditions: –
Share this content:
CBDT issued notification no. 7/2025 dated 14.01.2025 whereby the Central Government approves Central Power Research Institute (CPRI) (PAN: AAAAC0268P), Bengaluru under the category of ‘Research Association’ for ‘Scientific Research’ for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961 read with rules 5C and 5D of the Income-tax Rules, 1962.
CBDT issued notification no. 53/2025 dated 30.05.2025 to make amendment in the Notification dated 06th May, 2025 –
CBDT issued Notification no. 54/2024 on 18.07.2024 to extend the exemption u/s 10(23FE) of Income-tax Act, 1961 till 31.03.2025.