Category: Income Tax
Potential non income tax return Filers for FY 2014-15 identified on the basis of AIR, CIB and TDS/TCS databases using Non-filers Monitoring System NMS Ministry of Finance Dated: 22/12/2016 Press Release Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15 The Non-filers Monitoring System (NMS) was …
FAQ Indirect Transfer provisions income deemed to accrue arise in India u/s 9(1)(i). Clarification issued by CBDTÂ Circular No.41 of 2016 F.no. 500/43/2012-FT&TR Government of lndia Ministry of Finance Department of Revenue Central Board of Direct Taxes (FT&TR-Division) Clarifications on Indirect Transfer provisions under the lncome Tax Act. …
Capital gain deduction us 54 54F allowable for belated returns u/s 139(4). Value of stamp duty authorities us 50C(3) to be adopted if DVO value is more ABCAUS Case Law Citation:ABCAUS 1086 (2016) (12) ITAT Brief Facts of the Case:The assessee was an individual deriving income from business, …
Effective assessment using income tax database-e-system. CBDT constitutes Committee to re-engineer standard assessment procedures FTS-300315894/20 16 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Office Memorandum New Delhi Date 19 December, 2016 Sub: Constitution of Committee to give recommendations regarding how to …
Political parties not immune to investigation post demonetisation if discrepancy is noticed they shall be questioned by Income Tax as is anyone else-MoF Ministry of Finance 17-December, 2016 Press Release Statement by Finance Minister Shri Arun Jaitley Following is the statement by Union Minister for Finance and Corporate …
No action on political parties for old currency notes deposits in their bank accounts-Govt dismiss media news of non-investigation of political parties.  Govt defends on news of non scrutiny of old currency notes deposit in the accounts of political parties. It is interesting to see that almost …
Excel Form-1 PMGKY-2016 Declaration of undisclosed income under Pradhan Mantri Garib Kalyan Yojana Scheme-2016 us 199C. Download Excel Format of declaration After the big claims of teaching hard lessons to the black money hoarders, the Government had already bowed down when it earlier announced an amnesty scheme with …
Excel Form-II Application PM Garib Kalyan Deposit Scheme 2016. Application can be made to any banking company in multiple of Rs. one hundred The Finance Ministry has notified the Pradhan Mantri Garib Kalyan Deposit Scheme, 2016 to provide one more opportunity to black money hoarders to declare undisclosed …
Taxation laws Second Amendment Act 2016. New Chapter IX A-Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojna, 2016 The Taxation laws (Second Amendment) Act, 2016 (No. 48 of 2016) received assent of the President on the 15th December, 2016, and published in the Gazette of India The following …
Pradhan Mantri Garib Kalyan Yojana 2016 effective from 17-12-2016 and 31-03-2017 is last date for making declaration u/s 119C(1) 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) New Delhi, the 16th December, …
