Daily Archive: Wednesday, July 19, 2017

Amendment to Form 3CEFA-Application for opting for safe harbour. CBDT Notification

Author: | Categories: Income Tax No comments
Amendment to Form 3CEFA-Application for opting for safe harbour. more information added under Eligible International Transaction MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 62 /2017 New Delhi, the 18th July, 2017 INCOME-TAX G.S.R. 891(E).—In exercise of the powers conferred by section 295 read

 

MOC in respect of tax matters between India and BRICS countries approved by the Cabinet

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MOC in respect of tax matters between India and BRICS countries – Brazil, Russia, China and South Africa approved by the Cabinet   Press Information Bureau  Government of India Cabinet 19-July-2017 20:41 IST Cabinet approves MOC in respect of tax matters between India and BRICS countries – Brazil, Russia,

 

No TDS deduction on GST Component when indicated separately in invoice-CBDT Circular 23/2017

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No TDS deduction on GST Component when indicated separately in the invoice as per agreement/contract between payer and payee-CBDT CIRCULAR No. 23/2017 F. No. 275/59/2012-IT (B) Government of  India Ministry  of  Finance Depanrnem of Revenue Central Board of Direcr Taxes North Block, New DelhI 19th July, 2017 Subject: Modification

 

Formula for computing Tax Effect where income computed u/s 115JB or 115JC . CBDT modifies circular 21/2015

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Formula for computing Tax Effect where income computed u/s 115JB or 115JC . CBDT has modified the circular no. 21/2015 related to computation of tax effect for appeal purpose. F.No.279/Misc-142/2007-ITJ-(Pt)  Government  of India Ministry  of Finance Department of Revenue Central Board of Direct Taxes ***** New Delhi, the 15th