Income Tax Notification & Circulars


Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961

 Notification No#370142/21/2016-TPL     24 October 2016

F. No. 370142/21/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 24th October, 2016   Subject: Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-C..

Posted in Income Tax

Notiication No. 95/2016 [F.No.225/284/2015-ITA II]

 Notification No#95/2016      19 October 2016

(TO BF PUBLISHED IN PART 11, SUB-SECTION (11) OF SECTION 3 OF THE GAZETCE OF INDIA)  Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes)  New Delhi, the 19th October, 2016  NOTIFICATION   In pursuance of sub-clause (ii..

Posted in Income Tax

Amendment of Income tax Rules - Prescribing manner of determination of amount received by the company in respect of share - section 115QA

 Notification No#94/2016     17 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 94/2016-INCOME-TAX New Delhi, the 17th October, 2016   G.S.R. 982(E).—In exercise of the powers conferred by section 115QA read with section 295 of the Income-tax Act, 1961 (43 of 19..

Posted in Income Tax

Notification No. 93/2016 F.No.149/251/2015-TPL] /SO 3204(E)

 Notification No#93/2016      14 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 14th October, 2016 (INCOME-TAX)   S.O. 3204(E).— In exercise of the powers conferred by Explanation 5 to clause (19AA) of section 2 of the Income-tax Act, 196..

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Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease premium paid for acquisition of long term lease

 Notification No#35 of 2016     13 October 2016

Circular No. 35 of 2016 F No.275/29/2015-IT (B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated: 13th October, 2016   Subject: Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease..

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The Income Declaration Scheme, 2016 - ​Instruction No. 11

 Notification No#11 of 2016     13 October 2016

Instruction No. 11 of 2016 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) New Delhi, the 13th October, 2016   To, All Principal Chief Commissioners of Income-tax   Sub.: The I..

Posted in Income Tax

Income-tax (27th Amendment) Rules, 2016

 Notification No#92/2016-Income Tax     07 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 92/2016-Income Tax [F. No. 142/20/2012-TPL New Delhi, the 7th October, 2016   S.O. 3179(E).-In exercise of the powers conferred by clause (b) of section 13B, read with section 295 o..

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Modifications to the Instruction No. 7/2016 for engagement of Standing Counsels to represent the Income-tax Department before High Courts and other judicial forums

 Notification No#7/2016     07 October 2016

F. No. 279/Misc/M-75/2011-ITJ (Part-II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (A86J Division)  New Delhi, the 18th October, 2016  To, All Principal Chief Commissioners of Income Tax.   Madam/ Sir,&nbs..

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Modifications to the Instruction No. 6/2016 for engagement of Special Public Prosecutors (SPPs) to represent the Income-tax Department before High Courts and its subordinate courts

 Notification No#6/2016     07 October 2016

F. No. 279/Misc/M-77/2011-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (A&J Division)  New Delhi, the 18th October, 2016  To, All Principal Chief Commissioners of Income Tax.   Madam/ Sir,   ..

Posted in Income Tax

Income–tax ( 26th Amendment) Rules, 2016

 Notification No#91/2016     06 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 91/2016 F. No. 370142/27/2016-TPL New Delhi, the 6th October 2016   S.O. 3160(E).-In exercise of the powers conferred by section 139A and section 285BA, read with section 295 o..

Posted in Income Tax



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