Notifications & Circulars Advisory in terms of Consumer Protection Act, 2019 on Prohibition of Advertising, Promotion, and Endorsement of unlawful activities prohibited under various laws (Central Consumer Protection Authority) (06.03.2024)1. It has come to the notice of Central Consumer Protection Authority (CCPA) that there are increasing instances of direct as well as surrogate advert....MANU/NMIC/0092/2024ConsumerAction against IIFL Finance Limited under Section 45L(1)(b) of the Reserve Bank of India Act, 1934 (Reserve Bank of India) (04.03.2024)The Reserve Bank of India has, in exercise of its powers under Section 45L(1)(b) of the Reserve Bank of India Act, 1934, directed IIFL Finance Ltd. ("....MANU/RPRL/0148/2024BankingLast date for filing of updated returns (ITR-U) for A.Y. 2021-22 (i.e. for F.Y. 2020-21) is 31.03.2024 (Press Information Bureau) (04.03.2024)The Income Tax Department receives information of specified financial transactions of taxpayers from various sources. To increase transparency and to ....MANU/PIBU/0224/2024Direct TaxationCBDT allows certain trusts/institutions to furnish the audit report on or before 31st March, 2024 (Press Information Bureau) (05.03.2024)Income of any fund or institution or trust or any university or other educational institution or any hospital or other medical institution referred to....MANU/PIBU/0230/2024Direct TaxationCBDT clarifies provisions under Finance Act 2023 relating to donations made by a trust/institution to another trust/institution for purposes of application of income (Press Information Bureau) (06.03.2024)Any trust or institution registered u/s 12AA or 12AB of the Income Tax Act 1961 is exempt, subject to the fulfilment of certain conditions In....MANU/PIBU/0231/2024Direct TaxationExplanation regarding circular under section 119 of the Income-tax Act, 1961 (Ministry of Finance ) (06.03.2024)1. Income of any fund or institution or trust or any university or other educational institution or any hospital or other medical institution referred....MANU/DTCR/0004/2024Direct Taxation