Income Tax Notification & Circulars

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..

Posted in Income Tax

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..

Posted in Income Tax

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..

Posted in Income Tax

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..

Posted in Income Tax

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..

Posted in Income Tax

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 ..

Posted in Income Tax

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 ..

Posted in Income Tax

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..

Posted in Income Tax

Notification No. 66/2016 [F. No.133/89/2015-TPL] / SO 2670(E)

Notification No#66/2016 09 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 9th August, 2016 S.O. 2670(E).—In exercise of the powers conferred by sub-section (1B) of se..

Posted in Income Tax

Amendment of the Income-tax Rules-seeking PAN details of trustees and others in case of registration of trusts – modifications of Form 10A under Rule 17A

Notification No#67/2016 09 August 2016

Amendment of the Income-tax Rules-seeking PAN details of trustees and others in case of registration of trusts – modifications of Form 10A under Rule 17A Please refer to the attached file for details ..

Posted in Income Tax