Category: Income Tax

GAAR Provisions Guidance Note. Provisions effective from FY 2017-18. Comments invited from general public and stakeholders-CBDT Press Release

F No 370149/89/2016-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) Dated: the 27th May, 2016 PRESS RELEASE Subject: Implementation of General Anti Avoidance Rule Provisions-Issuance of Guidance Note-Comments of the Stakeholders-reg. The provisions of General Anti Avoidance Rule (GAAR) are contained …

No Mandatory 12AA registration cancellation for turnover cut-off as per proviso to section 2(15) if no change in nature of activities-CBDT Circular 21/2016

No Mandatory 12AA registration cancellation for business/trade turnover limit cut-off as per proviso u/s 2(15) if no change in  nature of activities Circular No. 21/2016 F No. 197/17/2016-ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 27th May, 2016 …

Clarifications for implementation of FATCA and CRS-CBDT. Obtaining Self Certification, TIN, Account Balance Value and Procedure for furnishing report

Clarifications for implementation of FATCA and CRS F.No. 504/632/12015-FT&TR-III(1) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (Foreign Tax & Tax Research Division) Dated 26th May, 2016 Subiect: Clarifications for implementation of FATCA and CRS-reg Pursuant to the consultations held with Financial …

Income Declaration Scheme 2016 Jurisdictional Commissioner Pr CIT. Declaration to be made to CITexercising jurisdiction over the declarant u/s 120

Income Declaration Scheme 2016 Jurisdictional Commissioner Pr CIT. Declaration to be made to CIT exercising jurisdiction over the declarant u/s 120  Circular No.19/2016 F.No I87/10/2016.ITA.I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (Income-Tax) New Delhi, the 25th May,2016 Income Declaration Scheme, …

e-Verification EVC Appeal Form 35 online procedure step-wise user manual. e-Verify CIT(Appeals) Online Form 35-without DSC through EVC

e-verification EVC Appeal Form 35 online procedure and step-wise User Manual CBDT vide notification no.05/2016 dated 06/04/2016 has provided for mode and process of generation of Electronic Verification Code for electronically filed form of appeal to Commissioner-Appeals. The step wise procedure for evc of CIT-Appeals form-35 are as …

email based paperless assessment proceedings scheme. Hyderabad and Kolkata added in list as 6th 7th cities after Ahmedabad Delhi, Bangalore, Chennai, Mumbai

email based paperless assessment proceedings scheme. Hyderabad and Kolkata added in list as 6th 7th cities  F.No.225/267/2015/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 23rd May, 2016 To, The Pr. Chief Commissioner of Income Tax , Ahmedabad , …