Income Tax Notification & Circulars

Notified Foreign oil Company selling crude oil in India -Exemption under Section 10(48)

Notification No#22/2012 [F.NO. 142/14/2012-SO (TPL)] 14 June 2012

Notified Foreign oil Company selling crude oil in India -Exemption under Section 10(48) NOTIFICATION NO. 22/2012 [F.NO. 142/14/2012-SO (TPL)] DATED 14-6-2012 In exercise of the powers conferred by clause (48) of section 10 read with section ..

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Supplementary Memorandum Explaining the Official Amendments moved in the Finance Bill, 2012 as reflected in the Finance Act, 2012

Notification No#3/2012 12 June 2012

CIRCULAR NO. 3/2012, DATED 12-6-2012 FINANCE ACT, 2012 - PROVISIONS RELATING TO DIRECT TAXES The Finance Bill, 2012 was introduced in Parliament on 16-3-2012. Certain official amendments have been carried out during the passage of the Bill in Parliament. A gist of th..

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Special Deposit Scheme (SDS), 1975 – Revision of Rate of Interest

Notification No#CIRCULAR DGBA. CDD. NO. H-7815/15.01.001/2011-12 06 June 2012

CIRCULAR DGBA. CDD. NO. H-7815/15.01.001/2011-12 DATED 6-6-2012 The Government of India has vide Notifications, as detailed below, notified revision in the interest rates on the deposits under the Special Deposit Scheme for Non-Government Provident, Supera..

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General - Processing of returns of A.Y. 2011-12 - Steps to clear backlog - Withdrawal of Instruction No. 1/2012

Notification No#INSTRUCTION NO. 4/2012 25 May 2012

SECTION 143 OF THE INCOME-TAX ACT, 1961 - ASSESSMENT - GENERAL - PROCESSING OF RETURNS OF A.Y. 2011-12 - STEPS TO CLEAR BACKLOG - WITHDRAWAL OF INSTRUCTION NO. 1/2012, DATED 2-2-2012 INSTRUCTION NO. 4/2012 [F. NO. 225/34/2011-ITA.II] DATED 25-5-2012 The Board has dec..

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Prevention of Fiscal Evasion with Foreign countries - Japan - Amendment in Notification No. GSR 101(E).Amendment in Notification No. GSR 101(E)

Notification No#19/2012 24 May 2012

Double taxation agreement - Agreement for avoidance of Double Taxation and Prevention of Fiscal Evasion with Foreign countries - Japan - Amendment in Notification No. GSR 101(E).Amendment in Notification No. GSR 101(E) –dated 1st March 1990 NOTIFICATION NO. 19/2012 [F. NO. 506/69/81-FTD..

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Income-tax (sixth Amendment) Rules, 2012 - Insertion of rule 10AB

Notification No#18/2012 23 May 2012

Income-tax (sixth Amendment) Rules, 2012 - Insertion of rule 10AB NOTIFICATION NO. 18/2012 [F. NO. 142/5/2012-TPL] DATED 23-5-2012 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the ..

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Finance Act, 2011 - Explanatory notes to the provisions of the Finance Act, 2011

Notification No#02/2012 22 May 2012

CIRCULAR NO. 02/2012 [F. NO.142/01/2012-SO(TPL)], DATED 22-5-2012 Finance Act, 2011 - Explanatory notes to the provisions of the Finance Act, 2011 Amendments at a Glance Section/Schedule Par..

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Cancellation of Transfer Order of Judicial Member, Chandigarh Benches to Pune Benches of ITAT

Notification No#ORDER [NO. F-46-AD(AT)2012] 14 May 2012

Cancellation of Transfer Order of Judicial Member, Chandigarh Benches to Pune Benches of ITAT ORDER [NO. F-46-AD(AT)2012] DATED 14-5-2012 In partial modification of this office order of even number dated 11th May, 2012; and upon consultations of the collegium of the Income Tax Appel..

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Section 80-IA of the Income-tax Act, 1961- Deduction - Profits and gains from industrial infrastructure undertakings, etc

Notification No#17/2012 [F.NO. 178/38/2009-ITA-1] 11 May 2012

Section 80-IA of the Income-tax Act, 1961- Deduction - Profits and gains from industrial infrastructure undertakings, etc NOTIFICATION NO. 17/2012 [F.NO. 178/38/2009-ITA-1] DATED 11-5-2012 Whereas the Central Government in exercise of the powers conferred by clause (..

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Income Tax (5th Amendment) Rules, 2012- Insertion of Rule F

Notification No#16/2012 30 April 2012

Income Tax (5th Amendment) Rules, 2012- Insertion of Rule F NOTIFICATION NO. 16/2012 [F. NO. 149/72/2011-SO (TPL)] DATED 30-4-2012 In exercise of the powers conferred by clause (47) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Cen..

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