Income Tax News

New Circulars on Transfer Pricing of Development Centres

01 July 2013 at 12:14

It has been decided to rescind Circular2/2013 dated 26.03.2013 and amend Circular 3/2013 dated 26.03.2013 pertaining to transfer pricing issues. Please find attached - Press Release by FM Amended Circular No.3 Circular No.5

Posted in Income Tax | 8976 Views

Income-Tax (Eighth Amendment) Rules, 2013 - Insertion of Rule 21AC and Form no. 10FC

28 June 2013 at 16:22

[TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 26th day of June, 2013 INCOME-TAX

Posted in Income Tax | 21948 Views

Standardizing the process of filing application under section 10(46) of the Income Tax Act, 1961

25 June 2013 at 10:13

Standardizing the process of filing application under section 10(46) of the Income Tax Act, 1961

Posted in Income Tax | 1 comments | 14961 Views

The Central Government hereby appoints Finance Act, 2013 (17 of 2013) the 1st day of July, 2013

21 June 2013 at 10:55

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19 June, 2013 NOTIFICATION S.O. 1768 (E).- In exercise of the powers conferred by sub-section (2) of section 115 of the Finance Act, 2013 (17 of 2013), the Central Gove

Posted in Income Tax | 24819 Views

Commodities Transaction Tax Rules, 2013

21 June 2013 at 10:55

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) New Delhi, the 19 June, 2013 NOTIFICATION COMMODITIES TRANSACTION TAX RULES, 2013 S.O. 1769 (E).- In exercise of the powers conferred by sub-sections (1) and (2) of section 133 of the

Posted in Income Tax | 1 comments | 19476 Views

A Word from New Chairperson, CBDT

18 June 2013 at 12:22

A WORD FROM CHAIRPERSON, CBDT My Dear Members of the Aayakar Family, On my elevation as Chairperson of CBDT, I take the first opportunity to greet you all and thank you for your good wishes I received during these days. I feel greatly humbled by

Posted in Income Tax | 14235 Views

Ms. Sudha Sharma, appointed as the new Chairperson of the CBDT

17 June 2013 at 15:55

Ms. Sudha Sharma, appointed as the new Chairperson of the CBDT

Posted in Income Tax | 2 comments | 15012 Views

Amendments in Rules 10A, rule 10AB, rule 10B, rule 10C, rule 10D, rule 10E and Substitution Of Form NO.3CEB - Income-tax Rules, 1962

13 June 2013 at 10:52

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] Notification New Delhi, the 10th June, 2013 INCOME-TAX S.O

Posted in Income Tax | 68214 Views

New ITR form released

13 June 2013 at 10:52

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE [CENTRAL BOARD OF DIRECT TAXES] NOTIFICATION New Delhi, the 11th day of June, 2013 Income-tax S.O.1513(E).─ In exercise of the powers conferred by section 295 of the Incometax Act, 196

Posted in Income Tax | 31002 Views

Gross Direct Tax Collections During April-May of Current Financial Year 2013-14 Up By 21.10 Percent at Rs. 63,252 Crore as Against Rs. 52,231 Crore in the Same Period Last Year

08 June 2013 at 10:17

Gross direct tax collections during April-May of the current Financial Year 2013-14 is up by 21.10 percent at Rs. 63,252 crore as against Rs. 52,231 crore in the same period during the last fiscal. While Gross Collections of Corporate Taxes showed a

Posted in Income Tax | 11319 Views