CBDT notifies rules for computation of income of specified funds u/s 10(4D) & 115AD(1B) CBDT notifies rules for computation of income of specified funds u/s 10(4D) & 115AD(1B) Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« Direct Tax »

Open DEMAT Account in 24 hrs
Income Tax Alert! Not filed ITR? Get Ready To Pay Higher TDS in FY 2022-23
Missed ITR filing for FY 2020-21? You may be liable for higher TDS in current FY 2022-23
CBDT lays out guidelines for manual scrutiny of income tax returns
CBDT issues Guidelines for Compulsory Selection of Income Tax Returns
Deposited more than 50 lakhs to saving accounts this financial year? You must file ITR
Net direct tax collection reaches highest-ever figure in FY 22
Here s how to check your refund status online Income Tax Refund
You can disclose capital gains from mutual funds and shares in ITR-4 Your Queries - Income Tax
With the notification of ITR Forms, can you file your return for AY 2022-23 now?
Know cryptocurrency tax rules in detail Filing ITR
Direct tax collections top revised estimates in FY22 at nearly


« Govt may offer taxpayers incentives to shift to new income...	bExtension of timelines for filing of Income-tax returns and... »
CBDT notifies rules for computation of income of specified funds u/s 10(4D) & 115AD(1B)

January, 15th 2022
The CBDT has inserted two new rules, i.e., Rules 21AJA and 21AJAA in the Income-tax Rules, 1962. Both rules provide the manner for computation of exempt income and taxable income of specified fund, attributable to the investment division of an offshore banking unit, under section 10(4D) and section 115AD(1B) respectively.