TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Rule 132: Recompute Income Without Surcharge or Cess Deductions, Submit Forms 69 & 70 by March 31, 2023.</h1> The Income-tax (32nd Amendment) Rules, 2022, effective from October 1, 2022, introduce Rule 132 to the Income-tax Rules, 1962. This rule outlines the procedure for recomputing total income without deductions for surcharge or cess that were previously claimed and allowed. Taxpayers must submit an application in Form No. 69 electronically by March 31, 2023, to the designated income tax authorities. The Assessing Officer will then recompute the total income and issue a notice for any tax payable. After payment, taxpayers must submit Form No. 70 to confirm the payment details.
TaxTMI 
TaxTMI 
