Income Tax Notification & Circulars

NOTIFICATION NO. 95/2008, DATED 1-10-2008

SECTION 35(1)(II) OF THE INCOME-TAX ACT, 1961 - SCIENTIFIC RESEARCH EXPENDITURE - APPROVED SCIENTIFIC RESEARCH ASSOCIATIONS/INSTITUTIONS NOTIFICATION NO. 95/2008, DATED 1-10-2008 It is hereby notified for general information that the organization National Health & Education Society, (P.D. Hin..

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Definition of ‘Charitable purpose’

Circular No. 11/2008 F. No.134/34/..

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SECTION 80-IA

SECTION 80-IA OF THE INCOME TAX ACT, 1961 – DEDUCTIONS – IN RESPECT OF PROFITS AND GAINS FROM INDUSTRIAL UNDERTAKING, OR ENTERPRISE ENGAGED IN INFRASTRUCTURE DEVELOPMENT, ETC. – NOTIFIED UNDERTAKING NOTIFICATION NO. 87/2008, DATED 20-8-2008 In exercise of the powers conferred by..

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NEW FVU (FILE VALIDATION UTILITY ) RELEASED BY NSDL

No.402/92/2006-MC (10 of 2008) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated the 12th February 2008 PRESS RELEASE All tax deductors /&nbs..

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INCOME TAX NOTIFICATION NO-45/2008

INCOME TAX NOTIFICATION NO-45/2008 In exercise of the powers conferred by Section 295 of the Income-tax read with sub-section (2) of Section 14A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income Tax Rules, 1962, ..

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CIRCULAR NO. 9/2007, DATED 20-12-2007-FBT on ESOP

Explanatory circular on Fringe Benefit Tax arising on allotment or transfer of specified securities or sweat equity shares CIRCULAR NO. 9/2007, DATED 20-12-2007 In terms of the provisions of Chapter XII-H of the Income-ta..

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New ITR form for 2008-09 Notification

NOTIFICATION NO. S.O. 752(E), DATED 28-3-2008 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely: - 1. (1) These rules may be cal..

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CLARIFICATION ON TDS ON SERVICE TAX SEC194-I RENT

Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I of the Income-tax Act CIRCULAR NO. 4/2008, DATED 28-4-2008 Representations/letters have been received in the Board seeking clarification as to whether TDS provisions un..

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Notification No. 62/2008

Notification No. 62/2008, dated 7-5-2008 In exercise of the powers conferred by sub-sections (1) and (2) of section 120 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following amendments in the notification of the Government of India, Ministry of..

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Zero coupon bond

NOTIFICATION NO. 23/2008, DATED 6-2-2008 In exercise of the powers conferred by clause 48 of section 2 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the bond with the following particulars as zero coupon bond for the purposes of the said clause, namely : (a) Name ..

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