Income Tax Notification & Circulars


Taxability of the compensation received by the land owners for the land acquired under the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013

 Notification No#36/2016     25 October 2016

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ITA.II division, North Block, New Delhi, Circular No. 36/2016  Dated: 25th of October, 2016   Subject: Taxability of the compensation received by the land owners for the land acqu..

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​Prohibition of Benami Property Transactions Rules, 2016

 Notification No#99/2016-Income Tax     25 October 2016

MINISTRY OF FINANCE (Department of Revenue) Notification No. 99/2016-Income Tax New Delhi, the 25th October, 2016   G.S.R. 1004(E).—In exercise of the powers conferred by section 68 of the Prohibition of Benami Property Transactions Act, 1988 (45 of 1988), the Central Gover..

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Authority for Advance Rulings (Procedure for Appointment as Chairman and Vice-chairman) (Amendment) Rules, 2016 - Substitution of rules 3 & 4 and insertion of rules 5 & 6​

 Notification No#100/2016     25 October 2016

MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 100/2016 New Delhi, the 25th October, 2016   S.O. 3290(E).- In exercise of the powers conferred under sub-section (2) of section 28 read with section 59 of the Prohibition of Bena..

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Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961

 Notification No#370142/21/2016-TPL     24 October 2016

F. No. 370142/21/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 24th October, 2016   Subject: Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-C..

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Notiication No. 95/2016 [F.No.225/284/2015-ITA II]

 Notification No#95/2016      19 October 2016

(TO BF PUBLISHED IN PART 11, SUB-SECTION (11) OF SECTION 3 OF THE GAZETCE OF INDIA)  Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes)  New Delhi, the 19th October, 2016  NOTIFICATION   In pursuance of sub-clause (ii..

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Amendment of Income tax Rules - Prescribing manner of determination of amount received by the company in respect of share - section 115QA

 Notification No#94/2016     17 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 94/2016-INCOME-TAX New Delhi, the 17th October, 2016   G.S.R. 982(E).—In exercise of the powers conferred by section 115QA read with section 295 of the Income-tax Act, 1961 (43 of 19..

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Notification No. 93/2016 F.No.149/251/2015-TPL] /SO 3204(E)

 Notification No#93/2016      14 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 14th October, 2016 (INCOME-TAX)   S.O. 3204(E).— In exercise of the powers conferred by Explanation 5 to clause (19AA) of section 2 of the Income-tax Act, 196..

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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

 Notification No#35 of 2016     13 October 2016

Circular No. 35 of 2016 F No.275/29/2015-IT (B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated: 13th October, 2016   Subject: Applicability of TDS provisions of section 194-I of the Income-tax Act, 1961 on lump sum lease..

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The Income Declaration Scheme, 2016 - ​Instruction No. 11

 Notification No#11 of 2016     13 October 2016

Instruction No. 11 of 2016 F.No.142/8/2016-TPL(Part) Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) New Delhi, the 13th October, 2016   To, All Principal Chief Commissioners of Income-tax   Sub.: The I..

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Income-tax (27th Amendment) Rules, 2016

 Notification No#92/2016-Income Tax     07 October 2016

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 92/2016-Income Tax [F. No. 142/20/2012-TPL New Delhi, the 7th October, 2016   S.O. 3179(E).-In exercise of the powers conferred by clause (b) of section 13B, read with section 295 o..

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