Enquiry or investigation in respect of document/evidence relating to Income Declaration Scheme (IDS), 2016 found during the course of Search u/s 132 or Survey action u/s 133A of the Income-tax Act,1961

CBDT came with circular on Enquiry or investigation in respect of document/evidence relating to Income Declaration Scheme (IDS), 2016 found during the course of Search u/s 132 or Survey action u/s 133A of the Income-tax […]

Clarifications on the Direct Tax Dispute Resolution Scheme, 2016

CBDT came with circular on Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 vide circular number Circular No. 33/2016. Detailed content of the circular is as given below: In regard to the Direct Tax Dispute […]

Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease premium paid for acquisition of long term lease

CBDT came with circular on  Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease premium paid for acquisition of long term lease  vide circular number Circular No. 35/2016. Detailed […]

Chapter VI-A deduction on enhanced profits

CBDT came with circular on Chapter VI-A deduction on enhanced profits vide circular number Circular No. 37/2016. Detailed content of the circular is as given below: Chapter VI-A of the Income-tax Act, 1961 (“the Act”), provides […]

Adminissibilty of expenditure incurred by a firm on Keyman Insurance Policy in the case of a Parter

CBDT came with circular on Adminissibilty of expenditure incurred by a firm on Keyman Insurance Policy in the case of a Parter vide circular number Circular No. 38/2016 . Detailed content of the circular is as […]

Accepting payment under IDS 2016​​​

CBDT came with circular on Accepting payment under IDS 2016​​​ vide circular number No.RB/CIR/IDS/1507. Detailed content of the circular is as given below: Kindly refer to the appended self-explanatory email from Reserve Bank of India and […]

Transport, Power and Interest subsidies received by an Industrial Undertaking- Eligibility for deduction under sections 80-IB, 80-IC etc., of the Income-tax Act, 1961

CBDT came with circular on Transport, Power and Interest subsidies received by an Industrial Undertaking- Eligibility for deduction under sections 80-IB, 80-IC etc., of the Income-tax Act, 1961 vide circular number Circular No. 39/2016. Detailed content […]

Directions under section 119 of the Income-tax Act, 1961

CBDT came with circular on Directions under section 119 of the Income-tax Act, 1961 vide circular number Circular No. 40/2016. Detailed content of the circular is as given below: Recent initiatives of the Government to curb […]

Clarifications on Indirect Transfer provisions under the lncome Tax Act. 1961​

CBDT came with circular on Clarifications on Indirect Transfer provisions under the lncome Tax Act. 1961​ vide circular number Circular No. 41/2016. Detailed content of the circular is as given below: Under the indirect transfer provisions […]

Clarifications on the Direct Tax Dispute Resolution Scheme, 2016

CBDT came with circular on Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 vide circular number Circular No. 42/2016 . Detailed content of the circular is as given below: The Direct Tax Dispute Resolution Scheme, […]