Income Tax Notification & Circulars

Section 10(10)(iii) of the Income-tax Act, 1961 – Exemption from Tax for Gratuity Payments Enhanced from Rs. 3.5 Lakh to Rs. 10 Lakh

Notification No#43/2010 11 June 2010

Posted in Income Tax | 4 comments

Amendment in TDS/TCS rules in case of time, mode of payment and issuance of certificates with receipt nos; Government Companies required to file Form No.24G-Income tax

Notification No#41 /2010 31 May 2010

Amendment in TDS/TCS rules in case of time, mode of payment and issuance of certificates with receipt nos; Government Companies required to file Form No.24G-Income tax (6th Amendment) Rules, 2010- Amendment to Rules 30, 31, 31A,31 AA, 37CA and 37D of the Income tax Rules [TO BE PUBLISHED IN THE GAZ..

Posted in Income Tax | 4 comments

Section 197 of the Income Tax Act, 1961- Certificate of lower deduction or non-deduction of tax at source – Instructions for issue of certificate u/s 197 mandatory through ITD system

Notification No#Instruction No. 4/2010 25 May 2010

Posted in Income Tax

Industrial Park (Amendment) Scheme, 2010 - Amendment in para 4 and Form IPS

21 May 2010

Posted in Income Tax

Income-tax (Fifth Amendment) Rules, 2010 - Amendment in rule 18C

21 May 2010

Posted in Income Tax

Jeevan Akshay-VI Plan of the Life Insurance Corporation of India approved for IT deduction u.s 80C(2)(xii)

Notification No#34/2010 19 May 2010

Posted in Income Tax

Sec 80IA(4)(i) of the IT Act1961-Widening of existing roaddef of a new infrastructure facilityclarification

Notification No#04/2010 18 May 2010

Posted in Income Tax

New Return foms for Assessment year 2010 and 2011

Notification No#33/2010 11 May 2010

NEW RETURN FORMS FOR ASSESSMENT YEAR 2010-11 [TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification Notification No. 33/2010/ F.No.142/12/2010..

Posted in Income Tax