Stay abreast with the latest developments in the professional domain along with in-depth analysis through the monthly BCA Journal. Get access to an engaging library of researched publications from the BCAS stable.
Learn MoreExplore past issues of BCA Journal & indulge in a treasure trove of high-quality professional content across format of print, videos & learning events from the BCAS stable.
Learn More
I. DIRECT TAX : SPOTLIGHT
1. Extension of time lines for filing of various reports of audit for the Assessment Year 2024-25 - Circular No. 10/2024 dated 29th September, 2024
CBDT has extended the date of furnishing of report of audit under any provision of the Act for the Previous Year 2023-24, which was 30th September, 2024 to 7th October, 2024.
2. Order authorizing Income-tax authorities to admit an application or claim for refund and carry forward of loss and set off thereof under section 119(2)(b) of the Income-tax Act — Circular No. 11/2024 dated 1 October 2024
The circular provides detailed guidelines, authorizing different authorities to accept or reject such claims based on monetary limits involved.
3. Guidance Note 1/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024 — Circular No. 12/2024 dated 15th October, 2024
CBDT has issued FAQ to clarify various issues relating to Vivad se Vishwas Scheme, 2024.
4. Vivad se Vishwas Rules, 2024 notified - Notification No. 104/2024 dated 20th September, 2024
5. Procedure for making declaration and furnishing undertaking in Form-
