incometaxindia Archives

CBDT Releases data of Income Tax Return for AY 2013-14 and AY 2014-15

October 26, 2016 NewsTaxIndia0 comments816 views

CBDT releases data relating to Income Tax Return Statistics for Assessment Years (AY) 2013-14 & 2014-15; Reports containing the data are available at www. incometaxindia.gov.in Central Board of Direct Taxes (CBDT) had proactively released in April, 2016 time-series data relating to direct tax collections, number … Continue Reading →

Income Tax

Prohibition of Benami Property Transactions Rules, 2016

October 26, 2016 NewsTaxIndia0 comments1741 views

Prohibition of Benami Property Transactions Rules, 2016 CBDT Notification No. 99/2016, Dated: October 25, 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 Government hereby makes the following rules, … Continue Reading →

Income Tax

Conditions for Deemed Demerger of Public Sector Company

October 18, 2016 NewsTaxIndia0 comments862 views

CBDT Notification: Conditions for Deemed Demerger of Public Sector Company The reconstruction or splitting up of a company which ceased to be a public sector company as a result of transfer of its shares by the Central Government, into separate companies, shall be deemed to … Continue Reading →