Tag: cbdt circular

Form 15G 15H UID Furnishing Relaxation for the quarter ending 31-12-2015 and 31-3-2016 in the quarterly statement of deduction of tax-CBDT Circular 18/2016

Form 15G 15H UID Furnishing Relaxation for the quarter ending 31-12-2015 and 31-3-2016 Circular No 18/2016 F.No 142/32/2015-TPL Government of India Ministry of Finance Department  of Revenue Central Board of Direct Taxes (TPL Division) Dated 23rd, May 2016 Sub: Relaxation for Furnishing of UID in case of Form …

Printing-publishing eligible for additional depreciation u/s 32(1)(iia) in view of Kerala and Delhi High Court Judgments-CBDT Circular 15/2016

Printing-publishing eligible for additional depreciation u/s 32(1)(iia) in view of Kerala and Delhi High Court Judgments Circular No. 15/2016 F No. 279/Misc/140/2015/ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 18th May, 2016 Subject:  Additional Depreciation u /s 32(1)(iia) of …

FAQ Clarifications Income Declaration Scheme 2016. CBDT clarifies 14 number of public queries by Circular No. 17/2016 dated 20/05/2016

FAQ Clarifications Income Declaration Scheme 2016. CBDT clarifies 14 number of public queries.  Circular No.17 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated 20th of May, 2016 Clarifications on the Income Declaration Scheme, 2016 The Income …

Payment of interest on refund u/s 244A of excess TDS deposited under section 195. Department not to pursue/withdraw appeals filed-CBDT Circular

Circular No.  11/2016 F.No.279/Misc./M-140/2015-ITJ Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New Delhi, 26th April, 2016 Subject:-   Payment of interest on refund under section 244A of excess TDS deposited under section 195 of the Income tax Act, 1961- reg. The …

Commencement of limitation for penalty proceedings under sections 271D and 271E. AO not to issue notice-CBDT Circular on Departmental View

Circular No.  09/DV/2016 (Departmental  View) F.No.279/Misc./M-116/2012-IT J Government of India Ministry of Finance Department  of Revenue Central Board of Direct Taxes ****** New Delhi , 26th April , 2016 Subject:- Commencement of limitation for penalty proceedings under sections 271D and 271E of the Income tax Act, 1961 – …

Prosecution u/s 276CC-CBDT asks Department to identify potential cases of non filing of income tax return ITRs for AY 2013-14 to initiate proceedings

CBDT has asked Income Tax Department to identify the potential cases of non filing of income tax return (ITRs) for AY 2013-14 and initiate prosecution u/s 276CC if the conditions prescribed are fulfilled. In a letter issued by Directorate of Income tax (Systems) dated 22/03/2016, Pr. Chief Commissioner of …

Shipping charges using non-resident shipping are not liable to TDS u/s 172(8) as supplemented by CBDT Circular No. 723/1995

ITAT Amritsar, in a recent judgment has held that shipping charges (Inland haulage charges, Terminal handling charges, Bunker adjustment factor, Cost adjustment factor, etc) using non-resident shipping are not liable to TDS u/s 172(8) as supplemented by CBDT Circular No. 723/1995 Case Details: ITA No.257(Asr)/2014 Assessment year:2006-07 PMS …