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Signing of Bilateral Advance Pricing Agreement by CBDT
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 4th August, 2016. PRESS RELEASE Sub: Signing of Bilateral Advance Pricing Agreement by CBDT The C...
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S. 10(46) CBDT Notifies Kerala Headload Workers Welfare Board
F. No. 196/30/2015-ITA-I MINISTRY OF FINANCE (Department of Revenue) (Central Board of Direct Taxes) Notification No. 63/2016-Income Tax New Delhi, Dated: 26th July, 2016 S.O. 2527(E).—In exercise of...
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Govt. appoints Ms. Rani Singh Nair as Chairperson, CBDT
GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE ****** New Delhi, dated 1st August, 2016 NOTIFICATION No. 61 :(F.No.A.19011/15/2014-Ad.I): The President of India is pleased to appoint Ms...
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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...
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Signing of Bilateral Advance Pricing Agreement by CBDT
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 4th August, 2016. PRESS RELEASE Sub: Signing of Bilateral Advance Pricing Agreement by CBDT The C...
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Equalization Levy or Google Tax
Analysis of Equalization Levy or Google Tax Introduction 1. Online advertising spends in India have risen on account of greater digital penetration and increased use of the web as a credible advertisi...
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Suggest Situation justifying waiver of Section 234E fee : CBDT
F. No. 275/27/2013-IT (B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi 2nd August, 2016 To All the Pr. Chief Commissioner of Incom...
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Standard Operating procedures to Administer Tax Payer Services
F.No.DIT(TPS-I)/01/2016-17/508 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Directorate of Income-tax (Taxpayer Services-I) New Delhi, the 2nd August, 20...
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CBI Court Sentences ACIT & DCIT To 5 Years imprisonment
FIVE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.7.50 LAKH EACH TO THEN ADDITIONAL COMMISSIONER AND DEPUTY COMMISSIONER OF INCOME TAX FOR CAUSING LOSS OF RS.4.16 CRORE (APPROX) TO GOVERNMENT EXCHEQUER...
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CCI (Competition Assessment of Economic Legislations & Policies) Guidelines, 2016
The Competition Commission of India (Competition Assessment of Economic Legislations and Policies) Guidelines, 2016 (Framed under section 49 (1) and (3) of the Competition Act, 2002) The Competition C...
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Generate EVC through AXIS, SBI & Canara bank ATMs
Update on 28.07.2016- 28/07/2016 Electronic Verification Code (EVC) can be generated through State Bank of India, AXIS bank and Canara bank ATMs. This will facilitate these bank’s customers, who may n...
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Income Tax return Due date extended to 05.08.2016
F.No. 225/195/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, IT.II Division New Delhi, the 29th of July, 2016 Order under Section...
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Income Tax Return filing date in Jammu & Kashmir extended
Extension of date of filing of Income Tax Return in the area of Jammu and Kashmir F.No. 225/195/2016/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes...
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Dept to accept Income Tax Returns on Saturday & Sunday
F.No.225/195/2016/ITA.II Government of India Ministry of Finance Depertrnen1 of Revenue Central Boland of Direct Taxes North Block., New Delhi, the 29th of July, 2016 Order UnderSection 119(1) of the...
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Clubbing of Income under Income Tax Act, 1961 with FAQs
Clubbing of income means Income of other person included in assessee’s total income, for example: Income of husband which is shown to be the income of his wife is clubbed in the income of Husband and...
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Clarification on attaining Age of 60 /80 years for Income Tax
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Circular No. 28/2016-Income Tax North Block, New Delhi dated the 27th of July, 2016 Subject: Clarification r...
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Rules for grant of Foreign Tax Credit
Analysis of Rules for grant of Foreign Tax Credit Computation of Foreign Tax Credit (‘FTC’) in case ofassessee’s with cross border payments has been a major hassle for tax professionals. Absence of we...
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Order No. 140 of 2016- Postings/Transfers in the grade of ACIT/DCIT
F.No. A-22013/2/2016-Ad-VI Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) North Block, New Delhi-110 001. Date: 26.07.2016 Order No. 140 of 2016 The foll...
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CBDT enables view of CIB, AIR & other info of Cases Selected in CASS
CASS – Instruction No. 2 DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi-110055 F.No. System/ITBA/Instruction/Assessment/ CASS Cycle 2/2016-17/ Date...
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Draft Rules for prescribing amount of share buyback U/s. 115QA
F No 370133/30/201 6-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ******* New Delhi, Dated 25th July, 2016 Subject: Draft Rules for prescribing the m...