Tag: CBDT Instruction

IDS 2016 Clarification-electronic communication of Form-2 and eligibility where search, seizure conducted on or after 01-06-2016. CBDT Instruction 11/2016

IDS 2016 Clarification Instruction No. 11 of 2016 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *** New Delhi, the 13th October, 2016 To, All Principal Chief Commissioners of Income-tax Sub.: The Income Declaration Scheme, 2016 – reg. Representations have been …

CBDT CASS Instruction 3-2016. Reasons for Limited Scrutiny, email assessment, online passing of assessment orders etc.

CBDT  has recently issued Computer Aided Scrutiny Selection (CASS) Instruction No. 3 dated 16/09/2016. regarding Income Tax Business Application (ITBA)-Assessment Module-CASS Cycle-3. The main highlights of the CBDT CASS instructions No. 3 are as under: Limited and Complete ScrutinyAs per the Instruction, this year in CASS, two types …

Revised Guidelines-Standing Counsels Engagement to represent the Income-tax Department before High Courts and other judicial forums CBDT Instruction

Revised Guidelines-Standing Counsels Engagement to represent the Income-tax Department before High Courts and other judicial forums-CBDT Instruction Instruction No. 7/2016 F No 279/Misc./M-75/201 1-ITJ (Part-II) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi the 7th September, 2016 To All Principal …

Revised Guidelines-Engagement of Special Public Prosecutors to represent Income Tax Department before Session Courts and fees-CBDT Instruction

Revised Guidelines-Engagement of Special Public Prosecutors to represent Income Tax Department before Session Courts and fees-CBDT Instruction  Instruction No. 6 /2016 F.No.  279/Misc./M-77/2011-ITJ Government of India Ministry of Finance Department of Revenue Central Board Direct Taxes (A&J Division) New Delhi, the 7th September, 2016 Sub: Guidelines for engagement …

Standard Operating Procedure SOP for handling AIR transactions without valid PAN. Letter to be issued for online response from transacting party-CBDT

SOP for handling AIR transactions without valid PAN to get online response from transacting party F No. 225/193/2016/ITA.II Government of India Ministry of Finance Department of Revenue (CBDT) North Block, New Delhi dated the 22nd day of July, 2016 To All Principal Chief Commissioner of Income Tax Subject …

Income Tax Business Application (ITBA) Exemption Module-Approval, registration cancellation of trusts societies non-profit companies u/s 12AA 80G(5) 10(23C)

Income Tax Business Application (ITBA) Exemption Module Income Tax Department has launched a new Income Tax Business Application (ITBA) Exemption Module (Phase1). The said module has been designed to automate and expedite the the following functions: (a) Registration and cancellation of trusts/societies/non-profit companies u/s 12AA of the Income Tax …

Income Tax Compulsory manual selection of cases for scrutiny criteria FY 2016-2017. CBDT Instruction No. 4/2016

Compulsory manual selection of cases for scrutiny criteria during the Financial Year 2016-2017 Instruction No. 4/2016 Government of IndiaMinistry of FinanceDepartment of Revenue (CBDT) North-Block, New DelhiDate: 13th of July, 2016 ToAll Pr. Chief-Commissioners of Income-tax/Chief-Commissioners of Income-taxAll Pr. Directors-General of Income-tax/Directors-General of Income-tax   Sir/Madam Subject: Compulsory …

Consistency in taxability of income/loss arising from transfer of unlisted shares under Income-tax Act 1961 – CBDT F.No.225/12/2016/ITA.II dated 02/05/2016

F.No.225/12/2016/ITA.II Government of India Ministry of Finance Department of Revenue (CBDT) North Block, New Delhi, dated the 2nd of May, 2016 To, Principal Chief-Commissioners of Income-tax/ Principal Directors General of Income-tax Subject: – Consistency in taxability of income/loss arising from transfer of unlisted shares under Income-tax Act, 1961-regd. …