Tag: cbdt circular
No re-opening of earlier years cases due to digital payments leading to increased turnover in a particular year. Circular No. 40/2016 Government of India Ministry of Finance Department of Revenue (CBDT) North Block, New Delhi, the 9th of December, 2016 Subject: – Directions under section 119 of the …
Subsidies received by Industrial Undertaking eligible deductions us 80-IB 80-IC if towards reimbursement of transport power and Interest cost. CIRCULAR NO. 39/2016 F.No.279/Misc./140/2015/ITJ Government of India Ministry of Finance Central Board of Direct Taxes ****** New Delhi, Dated 29th November, 2016 Subject: Transport, Power and Interest subsidies received …
Keyman Insurance Policy of partner of firm allowable as business expenditure. CBDT accepts various High Court Judgments on the subject. CIRCULAR NO . 38/2016 F.No.279/Misc./140/2015-ITJ Government of India Ministry of Finance Central Board of Direct Taxes ****** New Delhi, Dated 22nd November , 2016 Subject: Admissibility of expenditure …
Disallowances u/s 32 40aia 40A3 43B etc. Higher profit-linked Chapter VI-A deduction claim to be allowed as per Judicial view. CBDT Circular 37/2016 CIRCULAR NO. 37/2016 F.No.279 /Misc.I 140/2015I ITJ Government of India Ministry of Finance, Department of Revenue Central Board of Direct Taxes New Delhi, Dated 2nd …
Taxability of compensation received by land owners under Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act 2013 Circular No. 36 /2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ITA.II division, North Block, New Delhi, the 25th …
Applicability of TDS us 194-I to lump sum lease premium paid for acquisition of long term lease Circular No. 35 /2016 F. No. 275/29/2015-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi 13th October, 2016 Subject: Applicability of …
FAQ-Direct Tax Dispute Resolution Scheme 2016-CBDT Circular No.33 of 2016 F.No.142/11/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 12th September, 2016 Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter …
Streamlining process of NOC Port Clearance Certificate voyage return and assessment of Foreign Shipping Companies Circular No. 30/2016 F. No: 500/05/2014-FTD-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Foreign Tax & Tax Research Division – II FT & TR-V Section New …
Circular No. 28/2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi dated the 27th of July, 2016 Subject: Clarification regarding attaining prescribed Age of 60 years / 80 years on 31st March itself, in case of Senior/Very Senior …
Circular No 26/2016 F.No. 275/26/2016-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi 4th July, 2016 Subject: Applicability of Section 197A(1D) and Section 10(15)(viii) of the Income-tax Act, 1961 to interest paid by IFSC Banking Units (IBUs)- Clarification regarding …
