25 May 2021

Income Tax Circular for 2020

Income Tax Circular for 2020

 

INCOME TAX ACT 1961

 SL.No   Circular Number           Circular Dated Subject
1 1/2020 03.01.2020 Relaxation of time-Compounding of Offences under Direct Tax Laws-One-time measure-Extension of Timeline
2 C1/2020 13.04.2020 Clarification in respect of option under section 115BAC of the Income-tax Act, 1961
3 2/2020 03.01.2020  
4 3/2020 03.01.2020  
5 4/2020 16.01.2020 Income-Tax Deduction From Salaries During The Financial Year 2019-20 Undre Section 192 of The Income-Tax Act, 1961 
6 Corrignedum/4/2020 05.03.2020 Income-Tax Deduction from Salaries During the Financial Year 2019- 2020 under Section 192 of the Income-Tax Act, 1961 - regarding.
7 5/2020 23.01.2020 Clarification regarding Circular No. 24/2019 F. No. 285/08/2014-IT(lnv. V)/349 dated 09.09.2019
8 6/2020 19.02.2020 Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Return of Income for A.Y 2016-17,2017-18, and 2018- 19 and Form No.9A and Form No. 10.-Reg.
9 7/2020 04.03.2020 Clarifications on provisions of the Direct Tax Vivad se Vishwas Bili , 2020 - reg.
10 8/2020 13.04.2020 Clarification regarding short deduction ofTDS/TCS due to increase in rates of surcharge by Finance (No.2) Act, 20l9
11 9/2020 22.04.2020 Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 
12 Corrigendum/9/2020 27.04.2020 Corrigendum To Circular No.9/2020 Regarding Further clarification on provisions of the Direct Tax Vivad se Vishwas Act, 2020
13 10/2020 24.04.2020 Order under section 119 of the Income-tax Act, 1961 regarding reporting requirement clause 30C and clause 44 of the Form 3CD
14 11/2020 08.05.2020 Clarification in respect of residency under section 6 of the Income-tax Act, 1961
15 12/2020 20.05.2020 Clarifications in respect of prescribed electronic modes under section 269SU of the Income-tax Act, 1961
16 13/2020 13.06.2020 One-time relaxation for Verification of tax-returns for the Assessment years 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20 which are pending due to non-filing of ITR-V form and processing of such returns 
17 14/2020 20.07.2020 Clarification in relation to notification issued under clause (v) of proviso to section 194N of the Income-tax Act, 1961 (the Act) prior to its amendment by Finance Act, 2020 (FA, 2020)
18 15/2020 22.07.2020 Notification of Sovereign Wealth Fund under section 10(23FE) of the Income-tax Act, 1961
19 16/2020 30.08.2020 Imposition of charge on the prescribed electronic modes under section 269SU of the Income-tax Act, 1961
20 17/2020 29.09.2020 Guidelines under section 194-0 (4) and section 206C (1-1) of the Income-tax Act, 1961 - reg.
21 18/2020 28.10.2020 Clarifications in respect of the Direct Tax Vivad se Vishwas Act, 2020 
22 19/2020 03.11.2020 Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10BB fo r Assessment Year 2016-17 and subsequent years 
23 20/2020 03.12.2020 Income-Tax Deduction From Salaries During The Financial Year 2020-21 Under Section 192 Of The Income-Tax Act, 1961
24 21/2020 04.12.2020 Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020