-
India-Mauritius Tax Treaty- Amendment in Protocol and Its Impact
Recently Government of India has notified the revised tax treaty with Mauritius which was signed by both countries on 10 May 2016 under which India will impose capital gains tax on investments routed...
-
CBDT notifies classes of buyers to whom TCS provisions not apply
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 75/2016-INCOME TAX New Delhi, the 19th August, 2016 S.O. 2747(E).- In exercise of the powers conferred by s...
-
Release of Version 2.0 of Income Tax Return Statistics for A.Y. 2012-13
Deduction U/s 35AC available only up to previous year ending 31-03-2017 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 19th August...
-
Deduction U/s 35AC available only up to previous year ending 31-03-2017
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 19th August, 2016. Sub: Approval of Eligible Projects or Schemes under section 35AC...
-
5th Set of FAQ on Income Declaration Scheme 2016
Fifth set of Frequently Asked Questions (FAQs) providing clarification on various issues under the The Income Declaration Scheme, 2016 has been issued and Some of the important issues clarified therei...
-
IDS 2016- Reg. Fair market value of immovable property
The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. Income Dec...
-
Due date for Acknowledgement of Declarations under IDS,2016
F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, dated 12th August, 2016 Order under section 119 of the Income-tax Act, 19...
-
CBDT revises format of Form 3 of Income Declaration Scheme 2016
GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI NOTIFICATION NO. 70/2016-INCOME TAX Dated: August 12, 2016 In exercise of the powers conferred...
-
CBDT notifies Revised DTAA / Convention with Mauritius.
MINISTRY OF FINANCE (Department of Revenue) Notification No. 68/2016- Income Tax New Delhi, the 10th August, 2016 S.O. 2680(E).—Whereas, a Protocol amending the agreement between the Government of the...
-
Taxation Laws Amendment Bill, 2016 as Intorduced in Loksabha
As Intorduced in the Loksabha as on 10-8-2016 Bill no. 215 of 2016 THE TAXATION LAWS (AMENDMENT) BILL, 2016 A BILL further to amend the Income-tax Act, 1961 and the Customs Tariff Act, 1975. BE it ena...
-
Generate EVC by pre-validating your A/c at PNB /Union Bank/ NSDL/ CDSL
Electronic Verification Code (EVC) can be generated by pre-validating your Bank Account on the e-Filing portal. Punjab National Bank and United Bank of India have launched this facility which will fac...
-
CBDT notifies Draft Recruitment Rules for Various Posts
Uploading of draft Recruitment Rules for the post of Inspector of Income Tax – reg.- F.No. HRD/CMD/121/3/2015-16/2871 dated 05.08.2016 Uploading of draft Recruitment Rules for the post of Executive As...
-
Taxation Laws Amendment Bill, 2016 as Intorduced in Loksabha
As Intorduced in the Loksabha as on 10-8-2016 Bill no. 215 of 2016 THE TAXATION LAWS (AMENDMENT) BILL, 2016 A BILL further to amend the Income-tax Act, 1961 and the Customs Tariff Act, 1975. BE it ena...
-
Reg. Revision of Media Policy of Income Tax Department
F.No.402/95/2016-17/MC Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 9th August, 2016. OFFICE MEMORANDUM Sub: Revision of the Media Policy of t...
-
Surging growth in e-filing of Income Tax Returns for F.Y. 16-17-reg.
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th August, 2016 Press Release Sub: Surging growth in Electronic filing of Income Tax Returns for...
-
S. 115JB Computation of book profit by Ind AS compliant companies Reg.
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th August, 2016. PRESS RELEASE Subject: Framework for computation of book profit for the purpose...
-
CBDT mandates PAN of authors/ founders/ trustees/ managers in Form 10A
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 67/2016 – Income Tax New Delhi, the 9th August, 2016 S.O. 2671(E).— In exercise of the powers conferred by...
-
Cost Accountant (s) eligible to be e-Return Intermediary: CBDT
MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 66/2016 – Income Tax New Delhi, Dated: 9th August, 2016 S.O. 2670(E).—In exercise of the powers conferred b...
-
TDS U/s. 194A not applicable on amount credited/Paid to MUDRA
MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI INCOME-TAX Notification No. 65/2016, Dated: August 5, 2016 S.O. 2616(E). – In exercise of the powers conferred by...
-
Direct / Indirect Tax Collections up to July, 2016
Press Information Bureau Government of India Ministry of Finance 09-August-2016 Indirect Tax Collections up to July, 2016 indicate net revenue collections of Rs.2,71,719 crore as compared to Rs.209217...