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Income Tax Notification & Circulars


Central Govt notified SAS and MPKBY agents - Rate of Commision for canvassing/securing investments in the small savings schemes

 Notification No#F.NO. 1/12/2011-NS-II     25 November 2011

Central Govt notified SAS and MPKBY agents  - Rate of Commission for canvassing/securing investments in the small savings schemes NOTIFICATION [F.NO.  1/12/2011-NS-II DATED 25-11-2011 The Central Government hereby notifies that the authorised Standardised Agency System (..

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The Income Tax Department has released a Notification for PAN application

 Notification No#INCOME-TAX     17 October 2011

  [TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 17th day of October, 2011 INCOME-TAX S.O.2394(..

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CBDT has released Circular on Tax deduction at source on the deposits in banks

 Notification No#08/2011     14 October 2011

  CIRCULAR NO 08/2011 F.No. 275/30/2011- IT (B) Government of India Ministry of Finance Department of Revenue [Central Board of Direct Taxes] New Delhi, the 14th October, 2011   Subject: Tax deduction at source on the deposits in banks in the name of the Registrar/Prothonot..

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Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroad and its recovery

 Notification No#F. NO. 291/15/2011-IT     04 October 2011

  OFFICE MEMORANDUM [F. NO. 291/15/2011-IT (INV.I) (PART)], DATED 4-10-2011   It has been decided with the approval of competent authority that the Committee to examine ways to strengthen laws to curb the generation of black-money in India, its illegal transfer abroad and its rec..

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Condition applicable on Council of Scientific & Industrial Research under section 35(1)(ii)

 Notification No# 53/2011 [F.NO. 203/73/2010/ITA-II], DATED 30-09-2011     30 September 2011

 NOTIFICATION NO. 53/2011 [F.NO. 203/73/2010/ITA-II], DATED 30-09-2011 It is hereby notified for general information that the organization Council of Scientific & Industrial Research (CSIR), New Delhi has been approved by the Central Government for the purpose of clause (ii) of sub-sec..

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Amendment of Procedure for refund of TDS deducted under section 195

 Notification No#07/2011 [F.NO. 500/135/2007-FTD-I]     27 September 2011

Amendment of Procedure for refund of TDS deducted under section 195  CIRCULAR NO. 07/2011 [F.NO. 500/135/2007-FTD-I], DATED 27-9-2011 The Board had issued Circular No. 7/2007, dated 23-10-2007 laying down the procedure for refund of tax deducted at source under section 195 o..

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Exemptions - Interest on bonds/debentures - Notified bonds or debentures of public sector companies u/s 10(15) of income tax act, 1961

 Notification No#52/2011 [F.NO. 178/56/2011- (ITA-I)]     23 September 2011

SECTION 10(15), ITEM (h) OF SUB-CLAUSE (iv) OF THE INCOME-TAX ACT, 1961 - EXEMPTIONS - INTEREST ON BONDS/DEBENTURES - NOTIFIED BONDS OR DEBENTURES OF PUBLIC SECTOR COMPANIES NOTIFICATION NO. 52/2011 [F.NO. 178/56/2011- (ITA-I)], DATED 23-9-2011 In exercise of the powers conferred by item (h)..

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Organization Mangalore University, Mangalore has been approved u/s 35(1)(ii) of the Income-Tax Act, 1961

 Notification No#51/2011     14 September 2011

 Organization Mangalore University, Mangalore has been approved u/s 35(1)(ii) of the Income-Tax Act, 1961   NOTIFICATION NO. 51/2011 [F.NO. 203/71/2010/ITA-II]   DATED 14-9-2011   It is hereby notified for general information that the organization Mangalore University, Mang..

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Notified Long-term Infrastructure Bond u/s 80CCF of the Income-Tax Act, 1961

 Notification No#50/2011     09 September 2011

 Notified Long-term Infrastructure Bond u/s 80CCF of the Income-Tax Act, 1961   NOTIFICATION NO. 50/2011 [F.NO. 178/43/2011-SO(ITA.1)]   DATED 9-9-2011   In exercise of the powers conferred by section 80CCF of the Income-tax Act, 1961 (43 of 1961), the Central Government he..

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Filing of Appeal or Application for Reference By Income Tax Authority (Section 268A)

 Notification No#LETTER NO. DIT(L&R)-I/SLP/393/2011/4589     02 September 2011

 Filing of Appeal or Application for Reference By Income Tax Authority (Section 268A)     LETTER NO. DIT(L&R)-I/SLP/393/2011/4589   DATED 2-9-2011   1. Kindly refer to the above.   2. In a large number of cases Hon'ble Delhi High Court has summ..

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