Income Tax Notification & Circulars

CIRCULAR NO. 8/2008, DATED 22-9-2008

COMPULSORY FILING OF E-RETURN OF INCOME FOR ASSESSMENT YEAR 2008-09-FURNISHING OF RETURN BY REPRESENTATIVE ASSESSEE OF NON-RESIDENTS CIRCULAR NO. 8/2008, DATED 22-9-2008 The Central Board of Direct Taxes, vide notification S.O. No. 752(E) dated 28.03.2008, inter-alia, notified a new return ..

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CBDT Instruction No. 11/2008

CBDT Instruction No. 11/2008, Dated: September 5, 2008Processing of Returns – Clearance of backlog – CBDT instructionsBoard is concerned that a large number of IT returns are pending for processing and has issued the following instructions:-(1) All pending returns for A.Y. 2007-08 involving refund c..

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SECTION 90 A OF THE INCOME TAX ACT, 1961

SECTION 90 A OF THE INCOME TAX ACT, 1961 – DOUBLE TAXATION RELIEF – ADOPTION BY CENTRAL GOVERNMENT OF AGREEMENT BETWEEN SPECIFIED ASSOCIATION FOR DOUBLE TAXATION RELIEF NOTIFIED AGREEMENT NOTIFICATION NO. 90/2008, DATED 28-8-2008 In exercise of the powers conferred by s..

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SECTION 80-IC

SECTION 80-IC (2)(A) OF THE INCOME-TAX ACT 1961 – DEDUCTION – SPECIAL PROVISION IN RESPECT OF CERTAIN UNDERTAKINGS OR ENTERPRISES IN CERTAIN SPECIAL CATEGORY STATES – NOTIFIED INDUSTRIAL AREAS – AMENDMENTS IN NOTIFICATION NO. S.O. 1269(E), DATED 4-11-2003 NOTIFICATION NO. 89/2008/F. NO. 142/24..

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Clarrification Regarding TDS on Arrears

No. 402/92/2006-MC (46 of 2008) Government of India/ Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi, the 30th September 2008 PRESS RELEASE Clarification regarding tax deduction at source on arrears of salary paid to government servants on account of i..

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NOTIFICATION NO.99/2008 [F.No. 142/18/2008-TPL], DT 22.10.08

In exercise of the powers conferred by section 295 read with clause (xii) of sub-section (5) of section 11 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..

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EXTENSION OF LAST DATE FOR FILING IT RETURN IN J & K

ORDER UNDER SECTION 119 OF THE INCOME TAX ACT, 1961 - EXTENSION OF LAST DATE FOR FILING IT RETURN IN JAMMU & KASHMIR ORDER. NO. F.NO.225/138/2008/ITA.II, DATED 18-9-2008 On consideration of the reports of dislocation of general life caused due to t..

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Cost of Inflation 2007-08

CBDT notified Cost Inflation Index for F. Y. 2007 - 083 August 07 Section 48, Explanation (v) of the Income-tax Act, 1961 - Notified Cost Inflation Index for financial year 2007-08 NOTIFICATION NO. 214/2007, DATED 3-8-2007 In exercise of the powers conferred by clause (v) of ..

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Research Expenditure

NOTIFICATION NO. 229/2007, DATED 21-8-2007 It is hereby notified for general information that the organization Matrivani Institute of Experimental Research and Education, Kolkata has been approved by the Central Government for the purpose of clause (ii) of sub-section (1) of section 35 of the Inc..

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Amortization of Preliminary Expenses

NOTIFICATION NO. 236/2007, DATED 24-8-2007 It is hereby notified for general information that the organization Engineers India Limited, New Delhi has been approved by the Central Government for the purpose of clause (a) of sub-section (2) of section 35D of the Income-tax Act, 1961, for the period..

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