Income Tax Notification & Circulars


Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules, 1962 under alternative procedure of FATCA

 Notification No#31.8.16     31 August 2016

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 31st August, 2016.   Sub: Closure of financial accounts under Rule 114H (8) of the Income-tax Rules, 1962 under alternative procedure of FATCA - reg.-   The I..

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Extension of due date for quarterly furnishing of 15G/15H declaration

 Notification No#10/2016      31 August 2016

F.No. DGIT(S)/CPC(TDS)/DCIT/15GH /2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi.  Notification No. 10/2016  New Delhi, 31st August, 2016  Subject: Extension of due date for quarterly fu..

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Circular No.31 of 2016 F.No.142/8/2016-TPL

 Notification No#31 of 2016      30 August 2016

Circular No.31 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes   New Delhi, dated 30th August, 2016   In continuation to Circular No. 19 of 2016 dated 25th May, 2016, the Commissioner of I..

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Collection of Direct Taxes - OLTAS

 Notification No#458/42.01.034/2016-17     25 August 2016

RBI/2016-17/47 DGBA.GAD.No.458/42.01.034/2016-17 August 25, 2016   To All agency Banks   Dear Sir / Madam   Master Circular – Collection of Direct Taxes - OLTAS   Please refer to our Master Circular DGBA.GAD.No.3/42.01.034/2015-16 dated Jul..

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Implications of reporting Incomplete/Incorrect address in TDS Statements

 Notification No#23/08/2016     23 August 2016

Centralized Processing Cell (TDS) has observed that intimations sent to you have not been delivered / served as per the address mentioned in the statement filed by you. Please ensure that you provide correct and complete postal address while filing your statements.   Implications of repor..

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Income-tax (21st Amendment) Rules, 2016​

 Notification No#75/2016     19 August 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th August, 2016 INCOME-TAX   S.O. 2747(E).— In exercise of the powers conferred by sub-s..

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Income Declaration Scheme (Third Amendment) Rules, 2016​

 Notification No#74/2016     17 August 2016

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES New Delhi, the 17th August, 2016 NOTIFICATION   S.O._______- In exercise of t..

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Avail the Benefit of CPC(TDS) Analytics for Correction of PANs in your TDS Statements

 Notification No#13/08/2016     13 August 2016

Centralized Processing Cell (TDS) has observed from its records that you have reported "Structurally Correct, however Invalid PANs" in your TDS Statement filed for Quarter 1, 2 and 3 of Financial Year 2015-16. To correct such errors, CPC (TDS) Analytics provides facility of ..

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Income Declaration Scheme (Second Amendment) Rules, 2016

 Notification No#70/2016     12 August 2016

    Income Declaration Scheme (Second Amendment) Rules, 2016     Please refer to the attached file for details ..

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Order under section 119 of the Income-tax Act, 1961

 Notification No#142/8/2016-TPL      12 August 2016

F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 12th August, 2016   Order under section 119 of the Income-tax Act, 1961 Sub-rule (3) of rule 4 of the Income Declaration Scheme, Rules, 201..

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