Direct Tax Amendments proposed in Budget 2022

About Direct Tax Amendments proposed in Budget 2022

The most awaited part of any Budget is Direct Taxes. Although, in the wake of the pandemic, it was expected that the Budget would bring some respite by introducing certain deductions or exemptions, however, the Budget failed to deliver to the expectations. Budget has brought more than 80 Amendments in the Direct Tax. In this session, we will be covering some major amendments,

·       Taxation of Virtual Digital Assets

·       TDS on transfer of Virtual Digital Assets

·       TDS on provision of benefits or perquisites

·       Provision of Updated Return

·       Amendment in TDS on sale of Immovable Properties

·       TDS/TCS in case of Non-Filers of Income Tax Returns

·       Amendments in taxation of Co-operative Societies

·       Amendment in Provision u/s 80CCD

·       Withdrawal of Concessional Rate on Dividend u/s 115BBD

·       Allowability of Health and Education Cess

·       Miscellaneous Amendments

Course creator

Jaya Kapoor

Jaya is a Chartered Accountant having post qualification experience of more than 7 years. Having handled more than 50 Tax Litigation cases of eminent clients , she has worked primarily into the profile of Taxation . Currently , she is working in Taxation profile with a Multinational Company in Noida . With a special focus on Direct Taxation ,she has delivered webinars on Income Tax and related amendments and analysed the applicability on various assesses. She has even written various articles for prominent professional magazines and has concocted presentations on Taxation .