Income Tax Notification & Circulars

Income-tax (29th Amendment) Rules, 2016

Notification No#103/2016 07 November 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 7th November, 2016 INCOME-TAX S.O. 3399(E).—In exercise of the powers conferred by section 32, section 115BA and section 295 of the Income-tax Act, 1961 (43..

Posted in Income Tax

Chapter VI-A deduction on enhanced profits

Notification No#37/2016- Income Tax 02 November 2016

F.No.279/Misc./140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi Circular No. 37/2016- Income Tax Dated: November 2, 2016 Subject: Chapter VI-A deduction on enhanced profits – Reg. Chapter V..

Posted in Income Tax

Combined Graduate Lavel Examination – 2015 – Recruitment to the post of Tax Assistant in CBDT - Calling for option for allocation of Region

Notification No#31.10.16 31 October 2016

Combined Graduate Lavel Examination – 2015 – Recruitment to the post of Tax Assistant in CBDT - Calling for option for allocation of Region Please refer to the attached file for details ..

Posted in Income Tax | 2 comments

Notification No. 101/2016 [F. No. 300196/12/2016-ITA-I] / SO 3336(E)

Notification No#101/2016 27 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 27th October, 2016 S.O. 3336(E).—In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Governme..

Posted in Income Tax

Notification No. 98/2016 [F. No. 149/144/2015-TPL (Part-II)] / S.O. 3289(E)

Notification No#98/2016 25 October 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRYOF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF DIRECT TAXES) New Delhi, the 25th October, 2016 NOTIFICATION S.O. 3289(E).—In exer..

Posted in Income Tax

Taxability of the compensation received by the land owners for the land acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013

Notification No#36/2016 25 October 2016

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ITA.II division, North Block, New Delhi, Circular No. 36/2016 Dated: 25th of October, 2016 Subject: Taxability of the compensation received by the land owners for the land acqu..

Posted in Income Tax

Prohibition of Benami Property Transactions Rules, 2016

Notification No#99/2016-Income Tax 25 October 2016

MINISTRY OF FINANCE (Department of Revenue) Notification No. 99/2016-Income Tax New Delhi, the 25th October, 2016 G.S.R. 1004(E).—In exercise of the powers conferred by section 68 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), the Central Gover..

Posted in Income Tax

Authority for Advance Rulings (Procedure for Appointment as Chairman and Vice-chairman) (Amendment) Rules, 2016 - Substitution of rules 3 & 4 and insertion of rules 5 & 6

Notification No#100/2016 25 October 2016

MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 100/2016 New Delhi, the 25th October, 2016 S.O. 3290(E).- In exercise of the powers conferred under sub-section (2) of section 28 read with section 59 of the Prohibition of Bena..

Posted in Income Tax

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