CBDT Notifies Provisions For Computation Of Capital Gains Under Section 45(1B) Of Income Tax Act

Vide Notification No. 8/2022, Dated 18th January 2022, the CBDT has inserted rule 8AD in the income tax rules 1962 which contains provisions for computation of capital gains under section 45(1B) of income tax act.

Income Tax (2nd Amendment) Rules 2022 have been notified for this purpose.

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    1 thought on “CBDT Notifies Provisions For Computation Of Capital Gains Under Section 45(1B) Of Income Tax Act”

    1. CBDT discriminate in extending due dates for TAR snd related ITR submission with other ITRs who faced a huge problems in software glitches, as well as Covid 19 period, CBDT should take cares of the general tax payers and submission of the related ITRs, snd extend time up to the 31 st March 2022, accordingly wave interest u/s 234 F of Act 1961.

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