Tag: CBDT
CBDT (DIT-Systems) Notification No. 12/2016 dt. 8 Dec. 2016 1. As per first proviso to sub-section (6A) of section 206C of Income-tax Act, 1961, any person, other than a person …
The CBDT has clarified about the eligibility for deduction u/s 80-IB/ 80-IC in respect of revenue receipts (i.e. Transport, Power and Interest subsidies) of an Industrial Undertaking/ eligible business, …
CBDT has issued revised/ updated version of Guidance Note for compliance with FATCA & CRS Reporting Requirements under Income Tax Rules 114F ~ 114H for help of the Financial …
CBDT clarifies that compensation received in respect of Compulsory Acquisition of Non agricultural Land is Tax Free, as under: CBDT Income Tax Circular 36/2016 dt. 25/10/2016: Compulsory Acquisition of Non …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-10 corresponding to AS-29 of ICAI, for provisions, contingent liabilities and contingent assets of an enterprise. Preamble This Income Computation and Disclosure …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-9 corresponding to AS-16 of ICAI, for treatment of borrowing costs by an enterprise. Preamble This Income Computation and Disclosure Standard is …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-8 corresponding to AS-13 of ICAI, for transactions relating to securities held as stock-in-trade of an enterprise. Preamble This Income Computation and …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-7 corresponding to AS-12 of ICAI, for treatment of Government grants by an enterprise, including subsidies, cash incentives, duty drawbacks, waiver, concessions, …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-6 corresponding to AS-11 of ICAI, for treatment of forex transactions, forward forex contracts, etc., to reflect the effect of changes in …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-5 corresponding to AS-10 of ICAI, for treatment of tangible fixed assets in the books of account of an enterprise. Preamble This …