CBDT Corner

Govt issues final rules on Sec 10(38) capital - gains exemption carve-outs; ESOPs, approved M&As get relief

CBDT issues final notification u/s 10(38) providing for exceptions to long term capital gains exemption where STT is not paid

Jun 06,2017

CBDT amends due date for issue of Form 16 from May 31 to June 15

CBDT issues Notification No. 42/ 2017, amends Rule 31(3) specifying due date of furnishing of Form 16 (relating to TDS)

Jun 05,2017

CBDT: Announces transfers/postings of Asst. / Dy. CITs in Delhi region

CBDT orders transfers / postings of 24 officers in the cadre of Assistant/Deputy Commissioners of Income-tax in the Delhi region,

Jun 02,2017

CBDT announces local as well as inter-city transfers / postings of Pr. CCITs/CCITs

CBDT announces inter-city transfers/postings of 51 officers in the grade of Principal Chief Commissioner of Income-tax (‘CCIT’)  / Principal Director

Jun 01,2017

CBDT announces local transfers/postings of Asst. / Dy. CITs

CBDT announces local transfers/postings of 17 Assistant / Deputy Commissioners of Income-tax with immediate effect and until further orders  

Jun 01,2017

CBDT: Mandates Forms 15G/15H filing for every new investment

CBDT issues clarification on furnishing of self-declaration in amended Forms 15G/15H (to be submitted by taxpayers seeking non-deduction of TDS

May 31,2017

CBDT extends SFT filing due-date to June 30

CBDT extends the due date for furnishing of the statement of financial transactions ('SFT') under Rule  114E(S) read with sub-section

May 31,2017

CBDT - Can't assess minor’s income in grandparents’ hands where both parents are deceased

CBDT clarifies that the income of minor should be assessed in his own hands in cases where both the parents

May 30,2017

CBDT updates the list of Sec. 10 corporations eligible for TDS waiver

CBDT issues revised list of entities for exemption from TDS, supersedes earlier circulars - 4/2002 and 7/2015; Earlier circulars laid

May 29,2017

Arbind Modi among 5 CCITs promoted to Principal CCIT post

CBDT promotes 5 Chief Commissioners of Income-tax (‘CCIT’) to the post of Principal CCIT with effect from the date of

May 29,2017