By Pramod Prabhudesai | Rutvik Sanghvi | Sonalee Godbole | Vinayak Pai V
Chartered Accountants
Direct Tax
1. Income-tax (22nd Amendment) Rules, 2022: Section 158AA provides that where the Commissioner or Principal Commissioner is of the opinion that any question of law arising in the case of an assessee (relevant case) is identical with a question of law arising in his case for any another assessment year (another case) which is pending in appeal before the Supreme Court against an order of High Court which was in favour of assessee, he may direct the Assessing Officer (AO) to make an application to the Appellate Tribunal in the prescribed form stating that an appeal on the question of law in the relevant case may be filed when the decision on the question of law becomes final in the other case. Form No. 8A is now prescribed in which the AO shall make an application to the Appellate Tribunal.
[Notification No. 83/2022 dated 12th July, 2022.]
2. Certain forms, returns, statements etc., prescribed in Appendix II to be furnished electronically: Forms 3CEF, 10F, 10IA, 3BB, 3BC, 10BC, 10FC, 28A, 27C, 58D, 58C and Form 68 are to be filed electronically.
[Notification No. 3/2022 dated 16th July, 2022.]
3. Condonation of delay in filing Form No. 10BB for A.Y. 2018-19 and subsequent years: CBDT had, in its earlier circular, authorized the Commissioner of Income Tax to admit applications for condonation of delay in filing Form 10BB for A.Y. 2018-19 and subsequent years where the delay is up to 365 days
