Tag: cbdt press release

Approval of Eligible Projects-Schemes us 35AC. modification-extension

Approval of Eligible Projects-Schemes us 35AC. Requests received after 31-12-2016 for grant-modification-extension beyond 31032017 not to be considered.   Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes PRESS RELEASE New Delhi, 19th August, 2016. Sub: Approval of Eligible Projects or Schemes under section 35AC of …

No arrest of wilful defaulters by income tax department Though the provisions for arrest and detention by Tax Recovery Officers contained in the Act – CBDT

No arrest of wilful defaulters by income tax department-CBDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 21st June, 2016. Sub: – Clarification regarding News Report on Arrest of Tax Defaulters – reg Certain sections of the press …

ITR AL schedule capture assets, liabilities details not net worth. For AY 2016-17 Schedule AL is applicable if total income exceeds Rs.50 lakh

ITR AL schedule capture assets liabilities not net worth details.  Press Release of Finance Ministry dated 10/05/2016 Declaration of Assets & Liabilities in the new ITR forms Central Board of Direct Taxes (CBDT) have released new income-tax return forms with mandatory provisions of declaring Assets & Liabilities (A&L) …

India-Mauritius double taxation avoidance convention amendment protocol for prevention of tax evasion on income and capital gains-CBDT

India-Mauritius double taxation avoidance convention amendment protocol for prevention of tax evasion on income and capital gains. Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 10th May, 2016 Subject: Protocol for amendment of the Convention for the avoidance …