Tag: cbdt circular

BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take remedial action

BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take appropriate remedial action.            Most Urgent Government of India Directorate  Of Income-Tax (Recovery) 6th Floor, Mayur Bhawan, Connaught Circus, New Delhi-  110001 Ph. No. 011-23411993,   Fax  No.     011-23413218 Email:   dit.recovery.delhi@incometaxindia.gov.in F. …

FAQ implementation of GAAR provisions under Income Tax Act 1961 which comes into force from 01/04/2017. CBDT Circular 7/2017

FAQ implementation of GAAR provisions under Income Tax Act 1961. General Anti-Avoidance Rule comes into force from 01/04/2017 Circular No. 7 of 2017 F.no. 500/43/2016-FT&TR-IV Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Date 27/01/2017 Clarifications on implementation of GAAR provisions under …

Transfer of unlisted shares by SEBI registered Category I & II AIFs- Income tax treatment. CBDT fresh directions

Transfer of unlisted shares by SEBI registered Category I & II Alternative Investment Funds- Income tax treatment. fresh directions by CBDT F. No. 225/12/2016/ITA.IIGovernment of IndiaMinistry of FinanceDepartment of Revenue (CBDT) North Block, New Delhi, the 24th of January, 2017 ToAll Principal Chief-Commissioners of Income-tax/All Principal Directors General …

Appeal where additions made due to audit objection deleted in adverse judgment should be filed and contested on merits only

Appeal where additions made due to  audit objection deleted in adverse judgment should be filed and contested on merits only CIRCULAR NO. 5/2017 FTS No. 279157/ITJ Government of India Ministry of Finance Central Board of Direct Taxes New Delhi, Dated 23rd January, 2017 Subject: Measures for reducing litigation- Clarification …