Category: Income Tax

FAQ Indirect Transfer provisions income deemed to accrue arise in India u/s 9(1)(i). Clarification issued by CBDT

FAQ Indirect Transfer provisions income deemed to accrue arise in India u/s 9(1)(i). Clarification issued by CBDT  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. …

Effective assessment using income tax database-e-system. CBDT constitutes Committee to re-engineer standard assessment procedures

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

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 …

PMGKY Scheme 2016-Jurisdiction of CIT-CIT-CPC for declaration filed manually or electronically under EVC or under digital Signature

PMGKY Scheme 2016-Jurisdiction of CIT/CIT-CPC for declaration filed manually or electronically under EVC or under digital Signature. GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 16th December, 2016 Notification No. 117/2016 S.O.4060(E).— In exercise of the powers conferred by section 199G of the Finance …