Income Tax Notification & Circulars

NOTIFICATION NO. 3/2009 DATED 5-1-2009

In exercise of the powers conferred by clause (xv) of sub-section (2) of section 80C of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby specifies the National Housing Bank (Tax Saving) Term Deposit Scheme, 2008 for the purposes of the said clause. 2. The notific..

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EXEMPTION OF - INTEREST PAYABLE BY PUBLIC SECTOR COMPANY

Section 10(15) (IV) of the Income-tax Act, 1961 - Exemption of - Interest payable by public sector company on specified bonds/debentures NOTIFICATION NO. 9/2009 [S.O. 99(E)], DATED 7-1-2009 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of..

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INSTRUCTION NO. 14/2008, DATED 1-10-2008

ROCESSING OF RETURNS FOR A.Y. 2007-08 - DIFFICULTIES BEING FACED IN PROCESSING ITR-5 RETURNS IN CITIES WHERE REFUND BANKER SCHEME IS OPERATIONAL INSTRUCTION NO. 14/2008, DATED 1-10-2008 Kindly refer to the above. It has come to the notice of the Board that in the cities where the refund banke..

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NOTIFICATION NO. 93/2008, DATED 30-9-2008

REVERSE MORTGAGE SCHEME, 2008 NOTIFICATION NO. 93/2008, DATED 30-9-2008 In exercise of the powers conferred by clause (xvi) of section 47 of the Income-tax Act, 1961 (43 of 1961), the Centre! Government hereby makes the following scheme, namely: - 1. Short title, commencement aud a..

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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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Order under section 119(1) regarding exemption of TDS

Order under section 119(1) of the Income-tax Act, 1961 regarding exemption from the TDS provisions under section 197 read in conjunction with section 10(26BBB) of Income-tax Act, 1961 CIRCULAR NO. 7/2008, DATED 1-8-2008 In exercise of the powers conferred under sub-section (1) of ..

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SECTION 194J

SECTION 194JOF THE INCOME-TAX ACT, 1961 –DEDUCTION AT SOURCE OF TAX – NOTIFIED PROFESSIONAL SERVICES NOTIFICATION NO. 88/2008/F.NO. 275/43/2008-IT(B), DATED 21-8-08 In exercise of the powers conferred by clause (a) of the Explanation to section 194J of the Income Ta..

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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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