Explanatory notes on provisions of the Income Declaration Scheme, 2016 as provided in Chapter IX of the Finance Act, 2016

CBDT came with circular on Explanatory notes on provisions of the Income Declaration Scheme, 2016 as provided in Chapter IX of the Finance Act, 2016 vide circular number Circular No. 16/2016. Detailed content of the […]

Relaxation for furnishing of UID in case of Form 15G/15H for certain quarters

CBDT came with circular on Relaxation for furnishing of UID in case of Form 15G/15H for certain quarters vide circular number Circular No. 18/2016. Detailed content of the circular is as given below: The existing […]

E-filing of appeals Extension of time limit​

CBDT came with circular on E-filing of appeals Extension of time limit vide circular number Circular No. 20/2016. Detailed content of the circular is as given below: Rule 45 of the Income Tax Rules, 1962, […]

​Admissibility of claim of deduction of Bad Debt under section 36(1)(vii) read with section 36(2) of the Income-tax Act, 1961

CBDT came with circular on Admissibility of claim of deduction of Bad Debt under section 36(1)(vii) read with section 36(2) of the Income-tax Act, 1961 vide circular number Circular No. 12/2016. Detailed content of the circular […]

Amendment in Section 206C vide Finance Act 2016 – Clarifications

CBDT came with circular on Amendment in Section 206C vide Finance Act 2016 – Clarifications vide circular number Cirular No. 22/2016. Detailed content of the circular is as given below: Section 206C of the Income-tax […]

​Amendment in Section 206C of the Income-tax Act vide Finance Act 2016

CBDT came with circular on ​Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 vide circular number Circular No. 23/2016. Detailed content of the circular is as given below: On 5 May, […]

Clarification regarding attaining prescribed age of 60 years/80 years on 31st March itself, in case of Senior/Very Senior Citizens whose date of birth falls on 1st April, for purposes of Income-tax Act, 1961​

CBDT came with circular on Clarification regarding attaining prescribed age of 60 years/80 years on 31st March itself, in case of Senior/Very Senior Citizens whose date of birth falls on 1st April, for purposes of […]

​Clarifications on the Income Declaration Scheme, 2016

CBDT came with circular on Clarifications on the Income Declaration Scheme, 2016 vide circular number Circular No. 29/2016. Detailed content of the circular is as given below: The Income Declaration Scheme, 2016 (hereinafter referred to as […]

Streamlining the process of No Objection Certification (NOC), Port Clearance Certificate (PCC), voyage return and voyage assessment in the case of Foreign Shipping Companies (FSCs)

CBDT came with circular on Streamlining the process of No Objection Certification (NOC), Port Clearance Certificate (PCC), voyage return and voyage assessment in the case of Foreign Shipping Companies (FSCs) vide circular number Circular No. […]

Circular No. 31/2016

Detailed content of the circular is as given below: In continuation to Circular No. 19 of 2016 dated 25th May, 2016, the Commissioner of Income-tax, Centralized Processing Centre, Bengaluru, headquartered at Bengaluru, Karnataka shall exercise […]