Tag: cbdt circular
CBDT Circular-TDS and other deductions from Salaries FY 2016-17 CBDT has issued TDS circular for deduction of tax at source and income tax deduction from salaries u/s 192 of the Income Tax Act, 1961 for the financial year 2016-17 CIRCULAR NO : 01/2017 F.No. 275/192/2016-IT(B) Government of India …
FAQ-Direct Tax Dispute Resolution Scheme 2016 Clarification. Penalty cases tax payments in instalments,  writ petitions etc. Circular No. 42 of 2016 F.No.142/11/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) New Delhi, dated 23rd December, 2016 Clarifications on the Direct …
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. …
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/ITJGovernment of IndiaMinistry of FinanceCentral Board of Direct Taxes****** New Delhi, Dated 29th November, 2016 Subject: Transport, Power and Interest subsidies received by an Industrial Undertaking- …
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. Â 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-CBDTÂ 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)Â Dated: 12th September, 2016 Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 The Direct Tax Dispute Resolution Scheme, 2016 (hereinafter …
