Income Tax Notification & Circulars


Expeditious issue of refunds to the assesses of Jammu & Kashmir

  15 October 2014

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE 15th October, 2014   In view of the large devastation caused by the recent floods in Jammu & Kashmir, the Income tax Department is taking necessary steps to process ..

Posted in Income Tax

CPC (TDS) follow up for Filing of Form No. 24G in FY 2014-15

  15 October 2014

Dear Sir/ Madam,   This is to inform you that your office (Accounts Office Identification Number (AIN)) have filed Form 24G for all 12 months in Financial Year 2013-14, however, you have not filed Form no. 24G for any of the months during Financial Year 2014-15.  ..

Posted in Income Tax

Placing of Joint Commissioners of Income Tax in the Selection Grade (NFSG)

 Notification No#12 of 2014     08 October 2014

    Placing of Joint Commissioners of Income Tax in the Selection Grade (NFSG)   Please refer the attached file for details     ..

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​Clarification regarding allowability of deduction under section 10A/10AA

 Notification No#14/2014     08 October 2014

    Circular 14/2014 : ​Clarification regarding allowability of deduction under section 10A/10AA on transfer of Technical Man-power in the case of software industry        Please refer the attached file for details     ..

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Income-tax (10th Amendment) Rules, 2014

 Notification No#48/2014     30 September 2014

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NEW DELHI NOTIFICATION NO. 48/2014, Dated: September 30, 2014   In exercise of the powers conferred by section 133C read with section 295 of the Income-tax Act, 1961 (..

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CBDT extends ITR Due date to 30.11.2014

 Notification No#F.No.153/53/2014-TPL (Pt.I)     26 September 2014

F.No.153/53/2014-TPL (Pt.I) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) North Block, TPL Division New Delhi, the 26th September, 2014   Order under section 119 of the Income-tax Act, 1961   Section 44AB of th..

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Section 92C of the Income-tax Act, 1961 - Transfer Pricing - Computation of arm’s length price - Notified tolerable limit for determination of ALP

 Notification No#45/2014     23 September 2014

    Section 92C of the Income-tax Act, 1961 - Transfer Pricing - Computation of arm’s length price - Notified tolerable limit for determination of ALP    Please refer the attached file for details   ..

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Income-tax (8th Amendment) Rules, 2014

 Notification No#43/2014/F.No.152/1/2013-TPL     16 September 2014

MINISTRY OF FINANCE  (Department of Revenue)  NOTIFICATION  New Delhi, the 16th September, 2014  INCOME-TAX  S.O. 2399(E).—In exercise of the powers conferred by Section 295 read with Section 32 of the Income-tax Act, 1961 (43 of 1961), the Central Board ..

Posted in Income Tax

Due date of return extended in J&K

 Notification No#225/268/2014/ITA.II     16 September 2014

    Due date of return extended in J&K  Order under section 119 of the Income-tax Act, 1961     Please check the attached file for details   ..

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Order under section 119 of the Income tax Act -Constitution of High Level committee

 Notification No#149/141/2014-TPL     28 August 2014

  Order under section 119 of the Income tax Act -Constitution of High Level committee       Please refer the attached file for details  ..

Posted in Income Tax



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