Income Tax Department released New Form-1

Apr 08, 2024 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Compliance

The Income Tax Department on April 05, 2024, released New Form-1 (Aircraft Leasing business), Form -1 {Dividend exempt u/s 10(34B)}, Form-1 (Ship Leasing Business), Form-10IEA, Form-10IFA & Form-3AF.

Please refer Notification No. 65/2022 for Form 1 (Aircraft Leasing Business), Notification No. 52/2023 for Form 1 {Dividend exempt u/s 10(34B)}, Notification No. 57/2023 for Form 1 (Ship Leasing Business) Notification No. 43/2023 for Form 10-IEA, Notification No. 83/2023 for Form 10-IFA & Notification No. 54/2023 for Form 3AF.