CBDT Amends Income Tax Notification to include section 43B(h) of the IT act disallowance under clause 22 of TAR

The CBDT has notified amendment in Income Tax Notification to include section 43B(h) of the IT act disallowance under clause 22 of TAR via issuing a Notification.

Include section 43B(h) of the IT act disallowance under clause 22 of TAR

Reetu | Mar 22, 2024 |

CBDT Amends Income Tax Notification to include section 43B(h) of the IT act disallowance under clause 22 of TAR

CBDT Amends Income Tax Notification to include section 43B(h) of the IT act disallowance under clause 22 of TAR

The Central Board of Direct Taxes (CBDT) has notified an amendment in the Income Tax Notification to include section 43B(h) of the IT Act disallowance under clause 22 of TAR via issuing a Notification.

The Notification Read as follows:

In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of Direct Taxes) published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i) vide number G.S.R. 155(E), dated 5th March, 2024, at page 2, for item E, read:––

‘E. in clause 22, after the figures “2006”, the words and figures “ or any other amount not allowable under clause (h) of section 43B of the Income-tax Act, 1961” shall be inserted;’.

For Official Notification Download PDF Given Below:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"




Author Bio
My Recent Articles
GST Fraud: Ghaziabad Man arrested for making Fake Firms and evading GST of Rs.10000 Crore ITR Filing: 8 Lessons that first-time taxpayers should know before filing ITR for 2024 Wavier of Income Tax Demand; How to know if it is waived? GST summons issued to Online Gaming Companies for Cashbacks Offered to Players CBIC issues 16 Circulars on issues taken in 53rd GST Council MeetingView All Posts