Income Tax

Press Information Bureau Government of India Ministry of Finance 23-May-2016 17:53 IST Comments and suggestions sought from stakeholders and general public on draft rules and forms prepared for determ...

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, the 23rd May, 2016 Sub: – Notification of Committee for Examining Applications made...

Initiatives on Improving ‘Ease of Doing Business’ as on 18.05.2016 EASE OF DOING BUSINESS ACHIEVEMENTS OVER THE PAST TWO YEARS India’s rank in the Doing Business Report 2015 was 142 among 189 countrie...

Procedure to File Form 35 (CIT Appeal) online Electronic Verification Code (EVC) has been enabled for online filing of appeal before Commissioner (Appeal) in Form 35 for taxpayers not required to file...

Budget 2016 has effected changes / New Provisions with effect from 01.06.2016 in respect of Tax Collected at Source (TCS) on Sale of Bullion, Jewellery, Motor vehicle and Sale in cash of any goods. In...

Detailed analysis of Income Computation & Disclosure Standards Brief History of ICDS Earlier Vide Notification No. 9949 DATED 25-1-1996, two accounting standards were issued: Accounting Standard I rel...

Press Information Bureau Government of India Ministry of Finance Date: 19-May-2016 India and Slovenia have signed Protocol amending the India-Slovenia Double Taxation Avoidance Convention. India and S...

Notification of Committee for the purposes of sub-rule (4) of Rule 10VA of the Income-Tax Rules, 1962 – reg. F. No.173/ 237/2016-ITA-I GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CE...

Government of India Ministry of Finance Foreign Tax & Tax Research Division Exchange of Information Cell, India F.No.500/20/2013/FT&TR-111(2) Dated 17th May, 2016 To All the Pr. CCsIT/DGsIT(Inv.)/CCsI...

F.No.225/269/2015-ITA-II GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI Dated: May 12, 2016 Subject: Scrutiny Assessments-some important issues a...

6 CBDT Orders on Transfer & Postings of Additional, Joint & Assistant CIT The CBDT has issued the orders No. 90 of 2016 to 95 of 2016 on 16.05.2016 by which it has made transfer And Postings Of Additi...

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 14 th May, 2016 Subject: The Income Declaration Scheme 2016 to open from 1st June 2...

F.No. P-328/T&P/DC-ACsIT/2016-17/1818 OFFICE OF THE PRINCIPAL CHIEF COMMISSIONER OF INCOME TAX NEW DELHI Dated : 11th May, 2016 ORDER NO. 38/G.O. 2016-17 Sub:-Estt. Group ‘A’ – Transfers and Postings...

PRESS RELEASE New Delhi, 14 th May, 2016 Subject: The Income Declaration Scheme 2016 to open from 1st June 2016. The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act 2016...

CBI ARRESTS AN ADFM OF RAILWAY AND A TAX ASSISTANT IN SEPARATE CASES OF BRIBERY The Central Bureau of Investigation has today arrested an Additional Divisional Financial Manager (ADFM) of South East C...

Article wise analysis of Amendment to India-Mauritius DTAA Article wise analysis of Protocol – Amendment to India-Mauritius Double Taxation Avoidance Agreement 1. On 10th May 2016, the Government of I...

Step by step process of registration for online TDS/TCS return filing and upload 1. First of all, allow the pop-ups in your browser (following is the screenshot of chrome browser). Afterwards, don’t f...

RBI/2015-16/395 A.P. (DIR Series) Circular No.68 [(1)/23(R)] May 12, 2016 To All AD Category – I Authorised Dealer Banks Madam/ Sir Foreign Exchange Management (Exports of Goods and Services) Regulati...

Council Affairs/M-626/201611th May, 2016 ALL MEMBERS OF THE COUNCIL Madam/Dear Sir, The President, in terms of the authority given to him by the Council at its 351st meeting held on 12thFebruary, 2016...

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...