- Governments rapidly dismantling harmful tax incentives worldwide: BEPS Project driving major changes to international tax rules - 16.10.2017-Source: OECD.org
- Revenue mobilisation in Africa continues to improve, says new report - 12.10.2017-Source: OECD.org
- BEPS Action 13: OECD releases CbC reporting implementation status and exchange relationships between tax administrations - 11.10.2017-Source: OECD.org
- Public comments received on BEPS discussion drafts on attribution of profits to permanent establishments and transactional profit splits -06.10.2017-Source: OECD.org
- Framing of rules in respect of Country-by-Country reporting and furnishing of master file – comments and suggestions-reg-06.10.2017-Source: ITD
- Release of Revenue Statistics in Africa 2017 on Thursday 12 October 2017-05.10.2017-Source: OECD.org
- Leading tax administrations focused on effective delivery of the OECD/G20 BEPS outcomes, automatic exchange of information and tax certainty and collaborate on taxing users of the sharing economy-29.09.2017-Source: OECD.org
- Onsite-visit in Kiev to launch induction programme assisting Ukraine in the implementation of the new international tax standards-29.09.2017-Source: OECD.org
- OECD releases first peer reviews on implementation of BEPS minimum standards on improving tax dispute resolution mechanisms -26.09.2017- Source : OECD.org
- Tax administrations deliver on information exchange, BEPS and tax certainty agenda, and move forward on the digital and the sharing economy -25.09.2017- Source : OECD.org
- OECD invites public input on the tax challenges of digitalisation -22.09.2017- Source : OECD.org
- OECD releases IT-tools to support exchange of tax information policies-20.09.2017- Source : OECD.org
- Procedure for filing Statement of income from a country or specified territory outside India and Foreign Tax Credit -Notification No 9/2017 dated 19.9.2017 - Source: ITD
- First automatic Common Reporting Standard exchanges between 49 jurisdictions set to take place this month; now over 2000 bilateral exchange relationships in place-14.09.2017- Source : OECD.org
- Order of In-Charge Chairman, Authority of Advance rulings in exercise of powers conferred under section 245-O(6) of the Income tax Act, 1961 -13.09.2017- Source : ITD
- Countries are using tax policy to drive growth, reduce inequalities and promote behavioural change-13.09.2017- Source : OECD.org
- Brunei Darussalam expands its capacity to fight international offshore tax avoidance and evasion -12.09.2017- Source : OECD.org
- Tax Policy Reforms 2017 – Trends in OECD and Selected Partner Economies - Launch on Wednesday 13 September at 3 p.m. in Paris –07.09.2017- Source : OECD.org
- OECD releases further guidance on Country-by-Country reporting (BEPS Action 13) –06.09.2017- Source : OECD.org
- Cambodia, Greenland, Haiti and Madagascar join the fight against tax evasion 05.09.2017- Source : OECD.org
- Indian Advance Pricing Agreement regime moves forward with signing of four APAs by CBDT in August, 2017 –Press release dated 04.09.2017- Source : ITD
- Protocol amending the agreement between the Government of the Republic of India and the Government of the Socialist Republic of Viet Nam for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income-Notification No. 82/2017 dated 30.08.2017- Source : ITD
- Global Forum releases second round of compliance ratings on tax transparency for 10 jurisdictions-21.08.2017-- Source : OECD.org
- Nigeria signs both the Multilateral BEPS Convention and the CRS Multilateral Competent Authority Agreement to tackle international tax avoidance and evasion-17.08.2017-- Source : OECD.org
- Public comments received on the draft contents of the 2017 Update to the OECD Model Tax Convention- Source : OECD.org
- Govt. notifies countries and specified territories for the purposes of section 9A- Notification No. 78/2017 dated 3.08.2017– Source : ITD
- Govt. notifies Mutilateral Competent Authority Agreement on exchange of CBC reports- Notification No. NO.75/2017 dated 28.07.2017 – Source : taxmann.com
- Task Force on Shell Companies’ for effectively tackling the malpractices –Press release-Ministry of Finance-28.07.2017- Source: pib.nic.in
- Investments by NRIs as FDI and in stock changes – Press release – Ministry of Finance - 28.07.2017- Source: pib.nic.in
- BEPS: Neutralising the tax effects of branch mismatch arrangements- 27.07.2017 – Source : OECD.org
- Optional reporting of details of one foreign bank account by the non-residents in refund cases-Press release dated 24.07.2017 – Source : pib.nic.in
- Falls in tax revenue weaken domestic resource mobilisation in developing Asia - 20.07.2017 – Source : OECD.org
- Income-tax (21st Amendment) Rules, 2017- Amendment in Form No. 3CEFA-Application for opting for safe harbour- Notification No. 62 /2017 dated 18.07.2017 – Source : ITD
- OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13) – 18.07.2017 – Source : OECD.org
- Cameroon becomes the 70th jurisdiction to join the multilateral BEPS Convention to tackle tax avoidance by multinational enterprises-- 11.07.2017 – Source : OECD.org
- OECD releases the draft contents of the 2017 update to the OECD Model Tax Convention- 11.07.2017 – Source : OECD.org
- OECD releases latest updates to the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations - 10.07.2017 – Source : OECD.org
- OECD’s Gurría reaffirms need for global cooperation amid progress at G20 Summit- 08.07.2017 – Source : OECD.org
- Public comments received on the BEPS discussion draft on the Implementation Guidance on Hard-to-Value Intangibles - 05.07.2017 – Source : OECD.org
- Major progress reported towards a fairer and more effective international tax system-05.07.2017 – Source : OECD.org
- OECD tax report to G20 Leaders-05.07.2017 – Source : OECD.org
- Mauritius signs the multilateral BEPS Convention to tackle tax avoidance by multinational enterprises-05.07.2017 – Source : OECD.org
- Barbados joins the Inclusive Framework on BEPS- 04.07.2017 – Source : OECD.org
- Bahrain expands its capacity to fight international tax avoidance and evasion– 29.06.2017 – Source : OECD.org
- India’s Advance Pricing Agreement regime moves forward with signing of more APAs by CBDT – Press release dated 28.06.2017 – Source : ITD
- Strong progress seen on international tax transparency - 28.06.2017 – Source : OECD.org
- Brief on the State of Play on the International Tax Transparency Standards – 28.06.2017 – Source : OECD.org
- The Platform for Collaboration on Tax delivers a toolkit to help developing countries address the lack of comparables for transfer pricing analyses and better understand mineral product pricing practices – 22.06.2017 – Source : OECD.org
- Third meeting of the Inclusive Framework on BEPS delivers results – 22.06.2017 – Source : OECD.org
- OECD releases BEPS discussion drafts on attribution of profits to permanent establishments and transactional profit splits – 22.06.2017 – Source : OECD.org
- OECD welcomes Viet Nam's commitment to implement the internationally agreed standards to tackle tax evasion and avoidance – 21.06.2017 – Source: OECD.org
- CBDT has revised Form No.3CEB for APA –Notification No. 53/2017 dated 16.06.2017- Source- Taxmann.com
- Notification of Rules pertaining to Computation of interest income pursuant to secondary adjustments - dated 15.06.2017- Source- Taxmann.com
- Draft Notification of exception, modification and adaptation in respect of foreign company said to be resident in India under Section 115JH of the Income-tax Act, 1961– comments and suggestions-reg. - dated 15.06.2017- Source- ITD
- Transfer Pricing Variation limit for AY 2017-18 and AY 2018-19 -Notification No. 50/2017 dated 9.06.2017- Source- ITD
- OECD invites taxpayer input on third batch of Dispute Resolution peer reviews by 7th July, 2017 -09.06.2017- Source- OECD.org
- Guatemala strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters - 09.06.2017- Source- OECD.org
- Botswana joins the Inclusive Framework on BEPS- 9.06.2017- Source- OECD.org
- Central Board of Direct Taxes notifies new Safe Harbour Regime- Press release- 08.06.2017- Source- ITD
- Ground-breaking multilateral BEPS convention signed at OECD will close loopholes in thousands of tax treaties worldwide- 07.06.2017 – Source- OECD.org
- Ground-breaking multilateral BEPS Convention to be signed at OECD on Wednesday 7 June- 05.06.2017 – Source- OECD.org
- Thailand joins the Inclusive Framework on BEPS and participates in first joint programme for the implementation of international tax standards- 02.06.2017 – Source- OECD.org
- The fight against offshore tax evasion continues: CRS disclosure facility delivers first results- 01.06.2017 – Source- OECD.org
- The Bahamas decides to sign multilateral tax information sharing convention- 01.06.2017 – Source- OECD.org
- Djibouti joins the Inclusive Framework on BEPS and the Global Forum 31.05.2017 – Source : OECD.
- OECD releases peer review document for assessment of the BEPS Action 6 minimum standard-29.05.2017 – Source : OECD.org
- CBDT Issues Clarification on furnishing Statement of Financial Transaction (SFT) & SFT Preliminary Response – Press Release dated 26.05.2017 – Source: ITD
- How taxing robots could help bridge future revenue gaps- -24.05.2017- Source-OECD.org
- Signing of 2 More Unilateral Advance Pricing Agreements by CBDT- Press Release -22.05.2017- Source-ITD
- OECD releases a discussion draft on the implementation guidance on hard-to-value intangibles-23.05.2017- Source-OECD.org
- Tax Side Events: 2017 ECOSOC Forum on Financing for Development follow-up- 22.05. 2017 – 25.05.2017- Source- OECD.org
- A new agenda for inclusive growth -15.05.2017- Source-OECD.org
- Lebanon confirms its commitment towards greater tax transparency- 12.05.2017- Source OECD.org
- Exemption from Quoting Aadhaar / Enrolment ID to certain individuals- Press Note dated 12.05.2017 – Source: ITD
- Income Tax Department simplifies linking PAN with Aadhaar- Press Note dated 11.05.2017 – Source: ITD
- Raising revenues through carbon pricing can help improve energy affordability– 11.05.2017 – Source: OECD.org
- OECD launches facility to disclose CRS avoidance schemes; over 1800 relationships now in place to automatically exchange CRS information between tax authorities– 05.05.2017 – Source: OECD.org
- BEPS Action 13: OECD releases CbC reporting implementation status and exchange relationships between tax administrations– 04.05.2017 – Source: OECD.org
- Signing of 2 More Unilateral Advance Pricing Agreements by CBDT- Press Note dated 28.04.2017 – Source: ITD
- Corrigendum on circular No. 13/2017- Circular 17/2017 dated 26.04.2017 – Source: ITD
- Clarification on removal of Cyprus from the list of notified jurisdictional areas under section 94A of the Income-tax Act, 1961- Circular No. 15/2017 dated 21.04.2017 – Source: ITD
- CBDT’s Operation Clean Money Reins in the Black Economy – Press note dated 14.04.2017 – Source : ITD
- Tax experts gather at the OECD to discuss solutions for common challenges in the design and operation of VAT systems – 13.04.2017 – Source : OECD.org
- Global Forum on VAT –13.04.2017 – Source : OECD.org
- Belize and the Cayman Islands join the inclusive framework on BEPS – 13.04.2017 – Source : OECD.org
- International VAT/GST Guidelines – 12.04.2017 – Source OECD.org
- Clarification regarding liability to income-tax in India for a non-resident seafarer receiving remuneration in NRE (Non Resident External) account maintained with an Indian Bank - Circular No. 13/2017 dated 11.04.2017 – Source : ITD
- CBDT issues PAN and TAN within 1 day to improve Ease of Doing Business- Press Note dated 11.04.2017 – Source : ITD
- Timelines for Closure of financial accounts under Rule 114H (8) of the Income-tax Rules, 1962 under alternative procedure of FATCA- Press Note dated 11.04.2017 – Source : ITD
- OECD tax rates on labour income continued decreasing slowly in 2016 – 11.04.2017 – Source – OECD.org
- OECD and tax administrations discuss BEPS implementation at regional meeting in Georgia - 07.04.2017 – Source – OECD.org
- Significant Achievements Towards Eliminating Domestic Black Money- Press Note dated 07.04.2017 – Source : ITD
- The Platform for Collaboration on Tax invites comments on a draft toolkit designed to help developing countries address the lack of comparables for transfer pricing analyses – 7.04.2017 – Source : OECD.org
- OECD releases further guidance for tax administrations and MNE Groups on Country-by-Country reporting (BEPS Action 13) – 6.04.2017 – Sources : OECD.org
- Tax systems help ensure that investments in skills make financial sense for both students and governments, says OECD - 6-.04.2017 –Source : OECD.org
- OECD releases new guidance for Automatic Exchange of Financial Account Information in Tax Matters – 6.04.2017 –Source : OECD.org
- Mandatory Quoting of Aadhaar For PAN Applications & Filing Return of Income- Press Note dated 05.04.2017 – Source : ITD
- Budget 2017 takes Steps to discourage Cash transactions & curb Black Money- Press Note dated 05.04.2017 – Source : ITD
- CBDT accomplishes the Direct Taxes Collection Target for F.Y. 2016-17- Press Note dated 04.04.2017 – Source : ITD
- OECD to release Taxing Wages 2017 on Tuesday 11 April – 4.04.2017 – Source : oecd.org
- Directorate of Systems notified the Procedure, Formats and Standards for ensuring secured transmission of electronic communication between the Income Tax Department and Assessee for enabling E-Proceeding – Notification No. 4/2017 dated 3.04.2017
- CBDT’s APA Program crosses the 150 Milestone – Press release dated 31.03.2017 – Source : ITD
- CBDT notifies new Income Tax Return Forms for AY 2017-18 - Press Release dated 31.03.2017 – Source : ITD
- Technology offers critical solutions to prevent, identify and tackle tax evasion and tax fraud, says OECD – 31.03.2017 – Source : oecd.org
- Income-tax (5th Amendment) Rules, 2017 - [Notification No. 25 /2017/F. No. 370142/1/2017‐TPL] / GSR 318(E) - dated 31.03.2017 – Source : ITD
- Income-tax (Fourth Amendment) Rules, 2017 - Notification No. 21/2017 [ F.No.370142/5/2017-TPL] / SO 1006(E) dated 30.03.2017 – Source : ITD
- OECD Tax Talks – 28.03.2017 – Source : oecd.org
- Guidelines for waiver of interest charged under section 201(1A)(i) of the Income-tax Act, 1961 - Circular 11/2017 dated 24.03.2017 – Source : ITD
- Third protocol amending the agreement between the government of the republic of India and the government of the republic of Singapore for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income - Notification No. 18/2017 [500/139/2002-FTD-II] / SO 935(E)- dated 23.03.2017 – Source : ITD
- Income-tax (3rd Amendment) Rules, 2017 - Notification No. 17/2017 [F.No. 370142/4/2017-TPL] / GSR 283(E) dated 23.03.2017 – Source : ITD
- Public comments received on draft examples prepared as part of the follow-up work on the interaction between the treaty provisions of the report on BEPS Action 6 and the treaty entitlement of non-CIV funds – 23.03.2017 – Source : oecd.org
- Latin America and the Caribbean: Tax revenues continue to rise despite low economic growth – 23.03.2017 – Source : oecd.org
- British Virgin Islands and Turks and Caicos Islands join the inclusive framework on BEPS – 22.03.2017 – Source : oecd.org
- OECD/IMF report on tax certainty – 18.03.2017 – Source : ITD
- OECD Secretary-General Tax Report G20 Finance Ministers, Baden-Baden, March 2017 – 18.03.2017 – Source : ITD
- OECD announces further developments in international tax co-operation – 16.03.2017 – Source : oecd.org
- India and Belgium sign Protocol amending the India-Belgium Double Taxation Avoidance Agreement and Protocol – Press release dated 9.03.2017 – Source : ITD
- CBDT Signs Another Bilateral Advance Pricing Agreement with subsidiary of a Japanese Company – Press release dated 7.03.2017 – Source :ITD
- Malaysia joins the inclusive framework on BEPS – 6.03.2017 – Source : oecd.org
- Global Forum on VAT - 2.03.2017 – Source : oecd.org
- Direct Tax Collections up to December, 2016 show Growth of 12.01% - Press Note dated 09.01.2017 – Source : ITD
- Quoting of PAN in all the existing bank accounts and other measures - Press Note dated 08.01.2017 – Source : ITD
- Income Tax (1st Amendment) Rules, 2017 - Notification No. 2/2017/F. No. 370142/32/2016-TPL, dated 06.01.2017 – Source: ITD
- India and Kazakhstan sign Protocol to amend the Double Taxation Avoidance Convention (DTAC) - Press Note dated 06.01.2017 – Source: ITD
- Kazakhstan, Côte d’Ivoire and Bermuda join the Inclusive Framework on BEPS – 06.01.2017 – Source – OECD.org
- Interaction between the tax treaty provisions of the report on BEPS Action 6 and the treaty entitlement of non-CIV funds – 06.01.2017 – Source – OECD.org
- Central Board of Direct Taxes Signs Three More Advance Pricing Agreements – Press Note dated 04.01.2017 – Source: ITD
- Deduction of tax at source Income-tax deduction from salaries under section 192 of the Income-tax Act, 1961 - Circular no. 01/2017 dated 02.01.2017 – Source : ITD
- Direct Tax Dispute Resolution Scheme- 2016 Extended up to 31st Jan, 2017 – Press Note dated 30.12.2016 – Source: ITD
- India and Singapore Sign a Third Protocol for Amending the Double Taxation Avoidance Agreement (DTAA) – Press Note dated 30.12.2016 – Source: ITD
- Two More Advance Pricing Agreements signed by the Central Board of Direct Taxes - Press Note dated 29.12.2016 – Source : ITD
- Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax (Amendment) Rules, 2016- Notification No. 123/2016/F. No. 133/33/2015-TPL (Part-I) / G.S.R. 1180(E) dated 28.12.2016 – Source: ITD
- Income-tax (36th Amendment) Rules, 2016 - Notification No. 122/2016, F. No. 370142/4/2016-TPL / S.O. 4168(E) dated 27.12.2016 – Source: ITD
- Explanatory notes on provisions of the taxation and investment regime for Pradhan Mantri Garib Kalyan Yojana, 2016 as contained in chapter IX-a of the Finance Act, 2016 - Circular No. 43/2016, dated 27.12.2016 – Source: ITD
- Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 - Circular No. 42/2016 dated 23.12.2016 – Source: ITD
- Payments towards Tax, Penalty, Surcharge and Deposit under PMGKY 2016 in Old Demonetised Currency - Press note dated 22.12.2016 – Source: ITD
- Income Tax Department Identifies 67.54 lakh Potential Non-Filers for F.Y. 2014-15 - Press note dated 22.12.2016 – Source: ITD
- Reporting Cash Transactions under Rule 114E of Income-tax Rules, 1962 - Press note dated 22.12.2016 – Source: ITD
- Over 1300 relationships now in place to automatically exchange information between tax authorities- 22.12.2016 – Source – OECD.org
- OECD releases additional guidance on Action 4 of the BEPS Action Plan to curb international tax avoidance- 22.12.2016 – Source – OECD.org
- Clarifications on Indirect Transfer provisions under the lncome-tax Act. 1961-Circular 41/2016 dated 21.12.2016 -Source: ITD
- Specified authorities notified for the purposes of declarations filed manually or electronically under The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 - Notification No 117/2016, dated 19.12.2016 - Source: ITD
- Clarification of Status of Political Parties under Income-tax Act, 1961- Press Release, dated 17.12.2016 - Source: ITD
- Income Tax Searches lead to Admission of Undisclosed Incomes of Rs. 2600 Crore since 8th November, 2016 - Press Release, dated 16.12.2016 - Source: ITD
- The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana Rules, 2016 notified w.e.f. 16.12.2016 - Notification No. 116/2016, dated 16.12.2016 - Source: ITD
- The Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016 to commence from 17th December, 2016 and shall remain open for declarations up to 31st March, 2017 - Notification No. 115/2016, dated 16.12.2016 - Source: ITD
- Notification of The Taxation Laws (Second Amendment) Act, 2016 - Press Release, dated 16.12.2016 - Source: ITD
- Notification of Completion of Internal Procedures for Revised Double Taxation Avoidance Agreement between India and Cyprus - Press Release, dated 16.12.2016 - Source: ITD
- OECD holds regional meeting of the Inclusive Framework on BEPS for the Eastern Europe and Central Asia region-16.12.2016-Source- OECD.org
- Filing of Revised Income Tax Returns by the Tax Payers Post De-Monetisation of Currency - Press Release, dated 14.12.2016 - Source: ITD
- Monaco strengthens international tax co-operation – ratifies the Convention on Mutual Administrative Assistance in Tax Matters -14.12.2016-Source- OECD.org
- Notification of Cyprus as notified jurisdictional area u/s 94A rescinded w.e.f. 1.11.13 - Notification no 114/2016, dated 14.12.16 - Source: ITD
- Seizure of Rs. 106.52 crore Cash and 127 kg Gold in the case of Sand mining Contractors at Chennai by the Income Tax Department - Press Release, dated 9.12.16 - Source: ITD
- Direct Tax Collections for November, 2016 show Growth of 15.12 % - Press Release , dated 9.12.16 - Source: ITD
- Directions under section 119 of the Income-tax Act, 1961 - Circular no 40/2016, dated 9.12.16 - Source: ITD
- Procedure for the purposes of furnishing and verification of Form 27BA for removing of default of Short Collection and / or Non Collection of Tax at Source - Notification no12/2016, dated 8.12.16 - Source: ITD
- Income Tax Sleuths Unearth Innovative Methods of Laundering and Transportation of Cash at Mumbai, Nagpur and Ahmedabad - Press Release, dated 8.12.2016 - Source: ITD
- Inflow of Funds into Jan Dhan Accounts - Press Release, dated 7.12.2016 - Source: ITD
- OECD releases mutual agreement procedure (MAP) statistics for 2015-05.12.2016- Source- OECD.org
- OECD releases further BEPS guidance on Country-by-Country reporting and country-specific information on implementation-05.12.2016- Source- OECD.org
- Transport, Power and Interest subsidies received by an Industrial Undertaking - Eligibility for deduction under sections 80-IB, 80-IC etc., of the Income-tax Act, 1961 - Circular No. 39/2016, dated 29.11.2016 - Source: ITD
- Meeting of the BRICS Heads of Revenue and Experts on Tax Matters at Mumbai - Press Release, dated 6.12.2016 - Source: ITD
- Income Tax Refers Large Number of Cases with Serious Irregularities Detected Post De-monetisation to ED & CBI - Press Release, dated 6.12.2016 - Source: ITD
- Verification of High Value Suspicious Declarations made under the IDS 2016 - Press Release, dated 4.12.2016 - Source: ITD
- Income Tax Investigations Unearth Mis-use of Jan-Dhan Accounts - Press Release, dated 2.12.2016 - Source: ITD
- Procedure for the purposes of furnishing and verification of Form 26A for removing of default of Short Deduction and/or Non Deduction of Tax at Source - Notification No 11/2016, dated 2.12.2016 - Source: ITD
- The Bureau of Indian Standards (BIS), set up by the Bureau of Indian Standards Act, 1986 notified under section 10(46) - Notification No 111/2016, dated 1.12.2016 - Source: ITD
- Tax Inspectors Without Borders announces new South-South partnership between Kenya and Botswana-1.12.2016- Source: OECD.org
- Clarifications with respect to Gold Jewellery under Income Tax Law - Press Release, dated 1.12.2016 - Source: ITD
- Taxation Laws (Second Amendment ) Bill, 2016 - Press Release, dated 1.12.2016 - Source: ITD
- OECD holds regional meeting of the Inclusive Framework on BEPS for the Asia-Pacific region-1.12.2016 –Source-OECD.org
- Guidance Note on FATCA and CRS as updated on 30th November, 2016 - Guidance Note, dated 30.11.2016 - Source: ITD
- Tax Side Events: Global Partnership for Effective Development Co-operation - 2nd High-Level Meeting-30.11.2016 –Source: OECD.org
- Amendment in Rule 8AA providing for period of holding of a capital asset declared under the Income Declaration Scheme, 2016 - Notification No 108/2016, dated 29.11.2016 - Source: ITD
- Insertion of Rule 12CC providing for statement under section 115TCA(4) and introduction of Form No 64E and 64F - Notification No 107/2016, dated 28.11.2016 - Source: ITD
- Tax revenues continue to rise, but scope remains for increased tax mobilisation in emerging Southeast Asian economies-29.11.2016- Source: OECD
- Tax revenues continue to rise, but scope remains for increased tax mobilisation in emerging Southeast Asian economies- 29.11.2016 - Source- OECD.org
- Macau (China), Mauritius and Ukraine join the Inclusive Framework on BEPS-25.11.2016- Source- OECD.org
- Countries adopt multilateral convention to close tax treaty loopholes and improve functioning of international tax system-24.11.2016- Source- OECD.org
- Signing of Four Unilateral Advance Pricing Agreements by CBDT - Press Release, dated 23.11.2016 - Source: ITD
- Revenue Statistics 2016 and Consumption Tax Trends 2016 to launch Wednesday 30 November 2016-23.11.2016- Source- OECD.org
- Revenue Statistics in Asian Countries 2016 to launch on Tuesday 29 November 2016-23.11.2016- Source- OECD.org
- Insertion of new Rule 12E notifying prescribed authority u/s 143(2) as the income-tax authority not below the rank of an Income-tax Officer - Notification No 105/2016, dated 16.11.2016 - Source: ITD
- Tax Inspectors Without Borders making significant progress-22.11.2016- Source- OECD.org
- Amendment in Rule 10V prescribing guidelines for application of section 9A - Notification No 106/2016, dated 21.11.2016 - Source: ITD
- Saint Lucia expands its capacity to fight international tax avoidance and evasion-21.11.2016- Source- OECD.org
- Admissibility of expenditure incurred by a Firm on Keyman Insurance Policy in the case of a Partner - Circular No 38/2016, dated 22.11.2016 - Source: ITD
- Signing of Revised Double Taxation Avoidance Agreement between India and Cyprus - Press Release, dated 18.11.2016 - Source: ITD
- Signing of Bilateral Advance Pricing Agreements - Press Release, dated 18.11.2016 - Source: ITD
- Demonetisation of Old High Denomination Currency & Cash Deposits in Bank Accounts - Press Release, dated 18.11.2016 - Source: ITD
- Signing of ‘Joint Declaration’ by India and Switzerland for the implementation of Automatic Exchange of Information (AEOI) between the two countries - Press Release, dated 18.11.2016 - Source: ITD
- Watch over black money by IT Deptt. during State Legislative Council and Local Bodies election in Maharashtra - Press Note, dated 15.11.2016 - Source: ITD
- Transactions in Relation to which Quoting PAN is Mandatory - Press Release, dated 17.11.2016 - Source: ITD
- India–USA Bilateral Competent Authority MAP/APA Meeting – Resolution of more than 100 cases under MAP and Agreement on terms and conditions of First ever Bilateral APA involving India and USA - Press Release, dated 17.11.2016 - Source: ITD
- Amendment in Rule 114B and 114E of the Income-tax Rules, 1962 related to cash deposits in the banks/post offices during the period 09.11.2016 to 30.12.2016- Notification No. 104/2016 dated 15.11.2016 - Source: ITD
- Direct Tax Collections up to October, 2016 show an increase of 10.6% - Press Release, dated 09.11.2016 - Source: ITD
- Notification of Protocol amending the Double Taxation Amending Convention (DTAC) between India and Japan - Press Release, dated 09.11.2016 - Source: ITD
- Proviso inserted in Rule 5(1) w.e.f. 01.04.2016 and change in rates in new the Appendix I w.e.f. 01.04.2017 - Notification No. 103/2016 dated 07.11.2016 - Source: ITD
- Global Forum makes advances on the international tax transparency agenda- 4.11.2016-Source- OECD.org
- Panama joins the Inclusive Framework on BEPS – 3-11-2016 – Source : OECD.ORG
- Global Forum makes advances on the international tax transparency agenda – 4-10-2016 – Source : OECD.ORG
- Network of more than 1000 relationships now in place to automatically exchange information between tax authorities – 20-10-2016 – Source : OECD.ORG
- G20/OECD BEPS Project advances tax certainty agenda with the launch of global review of MAP programmes – 20.10.2016 – Source : OECD.ORG
- Next step towards transparency in international tax matters: Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information – 21-10-2016 – Source : OECD.ORG
- 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 - F. No. 370142/21/2016-TPL - Dated 24-10-2016 – Source ITD
- Prohibition of Benami Property Transactions Rules, 2016 - Notification No. 99/2016 dated 25-10-2016 – Source : ITD
- 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 ('RFCTLAAR Act') - Circular No. 36/2016 dated 25th October, 2016-Source : ITD
- Brochure - OECD work on taxation – 26-10-2016 – Source : OECD.ORG
- Panama joins international efforts against tax evasion and avoidance -27-10-2016 – Source : OECD.ORG
- Protocol amending the Convention between the Government of the Republic of India and the Government of Japan for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income – Notification No. 102-2016 dated 28-10-2016 – Source : ITD
- Chapter VI-A deduction on enhanced profits -: Circular No. 37/2016 dated 2-11-2016 – Source : ITD
- OECD launches business survey on tax certainty to support G20 tax agenda – 18-10-2016 – Source : OECD.ORG
- OECD Secretary-General's tax report to G20 Finance Ministers – Washington D.C. October 2016 – Source : OECD.ORG
- 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 dated 17-10-2016 – Source : ITD
- Notification No. 93/2016 F.No.149/251/2015-TPL] /SO 3204(E) – Notification No. 93/2016 dated 14-10-2016 – Source : ITD
- Circular No. 35/2016 : 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 – Circular No. 35/2016 dated 13-10-2016 – Source : ITD
- Income-tax (24th Amendment) Rules, 2016 – Notification No. 89/2016 dated 04-10-2016 – Source : ITD
- Public consultation on transfer pricing matters - 11-12 October 2016 – Source : OECD.ORG
- CBDT committed to Strict Confidentiality under Income Declaration Scheme 2016 – Press Release dated 03-10-2016 – Source : ITD
- Income Declaration Scheme 2016 unearths Rs.65250 Crore of Hitherto Undeclared Income and Assets – Press Release dated 01-10-2016 – Source : ITD
- Notification on Income Computation and Disclosure Standards (ICDS) – Notification No. 88/2016 dated 29-09-2016 – Source : ITD
- Notification on Income Computation and Disclosure Standards (ICDS) – Notification No. 87/2016 dated 29-09-2016 – Source : ITD
- Backward Area Notification for the State of Andhra Pradesh for the purpose of Tax incentives under Section 32AD and 32 of the Income-tax act,1961 – Notification No. 85/2016 dated 28-09-2016 – Source : ITD
- Carbon pricing efforts are falling short, but even modest collective action can deliver significant progress, OECD says 26-9-2016 – Source : OECD.ORG
- Latin America and the Caribbean: Low personal income taxes lead to lower taxes on wages compared with OECD– 26-9-2016 – Source : OECD.ORG
- Switzerland confirms its commitment towards greater tax transparency – ratifies the Convention on Mutual Administrative Assistance in Tax Matters– 26-9-2016 – Source : OECD.ORG
- Environmental taxes: Key findings for India – 26-9-2016 – Source : OECD.ORG
- Order under section 119 of the Income-tax Act, 1961 – Circular No. 34/2016 dated 21-09-2016 – Source : ITD
- Clarifications on the Direct Tax Dispute Resolution Scheme, 2016 – Circular No. 33/2016 dated 12th September, 2016 – Source : ITD
- The Income Declaration Scheme – Instructions by RBI to banks to accept cash deposits – Press Release dated 9th September 2016 – Source : ITD
- CBDT Extends due date for filing of Income Tax Returns whose accounts are required to be audited – Press Release Dated 9th September 2016 – Source : ITD
- Agreement between the Government of the Republic of India and the Government of the Republic of Seychelles for the exchange of Information with respect to taxes – Notification No. 80 dated 8th September 2016 – Source : ITD
- Annexure Agreement between the Government of the Republic of India and the Government of Republic of Maldives for avoidance of double taxation on income derived from International Air Transport - Notification No. 77/2016 dated 2-9-2016 – Source : ITD
- The Income Declaration Scheme 2016 – Press Release dated 2nd September – Source : ITD
- OECD Secretary-General's tax report to G20 Leaders – Hangzhou, China – September 2016 – Source: OECD.ORG
- Streamlining the Process of NOC & PCC in case of Foreign Shipping Companies – Press Release dated 31-08-2016 – Source : ITD
- Extension of due date for quarterly furnishing of 15G/15H declaration – Notification No. 10/2016 dated 31st August 2016 – Source : ITD
- Signing of Unilateral Advance Pricing Agreements by CBDT – Press Release dated 30-08-2016 – Source : ITD
- Protocol for amendment of the Convention for DTAA between India and Mauritius – Press Release dated 29-08-2016 – Source ITD
- Extension of date of filing return in the state of Jammu & Kashmir – Order dated 26-08-2016 under section 119 of the Income Tax Act, 1961 – Source : ITD
- Income-tax (21st Amendment) Rules, 2016 – Notification No. 75/2016 dated 19th August, 2016 – Source : ITD
- Amendment of the Income-tax Rules-seeking PAN details of trustees and others in case of registration of trusts – modifications of Form 10A under Rule 17A – Notification No. 67/2016 dated 09-08-2016 – Source : ITD
- Notification No. 66/2016 [F. No.133/89/2015-TPL] / SO 2670(E) dated 09-08-2016 – source : ITD
- Income-tax (21st Amendment) Rules, 2016 - Notification No. 75/2016, dated 19-08-2016 – Source : ITD
- Release of Version 2.0 of Income Tax Return Statistics for Assessment Year 2012-13 – Press Release dated 19-08-2016 – Source ITD
- Approval of Eligible Projects or Schemes under section 35AC of the Income Tax Act, 1961 – Press Release dated 19-08-2016 – Source : ITD
- The Income Declaration Scheme 2016- Rule amendment and issuance of FAQ – Clarification regarding – Press Release dated 18-08-2016 – Source: ITD
- Clarifications on the Income Declaration Scheme, 2016 – Circular No. 29/2016, dated 18-08-2016 – Source : ITD
- Income Declaration Scheme (Third Amendment) Rules, 2016 – Notification No. 74/2016, dated 17-08-2016 – Source : ITD
- Order under section 119 of the Income-tax Act, 1961, in respect of IDS, 2016 – Order dated 12-08-2016 – Source : ITD
- Income Declaration Scheme (Second Amendment) Rules, 2016 – Notification No. 70/2016, dated 12-08-2016 – Source : ITD
- Protocol amending the agreement between the Government of india and the Government of Mauritius, signed on 24th August, 1982 - Notification No. 68/2016 [F. No. 500/3/2012-FTD-II] / SO 2680(E), dated 10-08-2016 – Source : ITD
- Signing of Bilateral Advance Pricing Agreement by CBDT - Press Release, dated 04-08-2016 - Source: ITD
- Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies - Press Release, dated 05-08-2016 - Source: ITD
- Notification of agreement between India and Saint Kitts & Nevis for exchange of information relating to taxes - Notification No 62/2016, dated 21-07-2016 - Source: ITD
- ITR filing date extended to 31.8.16 for income-tax assessees in Jammu & Kashmir - Order, dated 29-07-2016 - Source: ITD
- Report regarding framework for computation of book profit for the purposes of levy of Minimum Alternate Tax (MAT) under section 115)8 of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies in the year of adoption and thereafter - Report, dated 23-07-2016 - Source: ITD
- Clarification regarding attaining prescribed age of 60 years/80 years on 31st March itself, in case of Senior/Very Senior Citizens whose date of birth falls on 1st April, for purposes of Income-tax Act, 1961 - Circular No. 28/2016, dated 27-07-2016 - Source: ITD
- Draft Rules for prescribing the manner of determination of amount received by the company in respect of share - section 115QA of the Income-tax Act, 1961 - F No 370133/30/2016-TPL, dated 25-07-2016 - Source: ITD
- Corrigendum regarding the 'Letter Template' issued vide letter of Board dated 22.07.2016 in connection with handling of AIR transactions without valid PAN - F.No.225/193/2016/ITA.II, dated 25-07-2016 - Source: ITD
- Draft Rules for prescribing the manner of determination of amount received by the company in respect of share - section 115QA of the Income-tax Act, 1961 - Press Release, dated 25-07-2016 - Source: ITD
- Issue of Standard Operating Procedure ('SOP') for handling AIR transactions without valid PAN - F.No.225/193/2016/ITA.II, dated 22-07-2016 - Source: ITD
- Ease of Doing Business – Paperless PAN & TAN application process - Press Release, dated 22-07-2016 - Source: ITD
- Change in time schedule for making payment under the Income Declaration scheme, 2016 notified - Notification No 59/2016, dated 20-07-2016 - Source: ITD
- Form-1 (Form of Declaration) under the Income Declaration Scheme, 2016 modified to provide for information regarding revision of decalartion etc. - Notification No 60/2016, dated 20-07-2016 - Source: ITD
- Income Tax Department to issue 7 lakh letters seeking Information in respect of High Value Transactions - Press Release, dated 21-07-2016 - Source: ITD
- Tolerance limit of 1% in case of wholesale trade and 3% in other cases notified for the purpose of computation of arm's length price under third proviso to section 92C(2)- Notification No 57/2016, dated 14-07-2016 - Source: ITD
- Income Tax Department signs contract with L & T Infotech Ltd for implementation of Project Insight - Press Release, dated 19-07-2016 - Source: ITD
- • Signing of Advance Pricing Agreements by CBDT - Press Release, dated 18-07-2016 - Source: ITD
- The Income Declaration Scheme 2016 - Relaxation of time schedule for making payments under the Scheme - Press Release, dated 14-07-2016 - Source: ITD
- Clarifications on the Income Declaration Scheme, 2016 - Circular No.27/2016 dated 14-07-2016- Source: ITD
- Applicability of section 197A(1D) and section 10(15)(viii) of the Income-tax Act, 1961 to interest paid by IFSC Banking Units (IBUs) - Circular No 26/2016, dated 04-07-2016 - Source: ITD
- Information contained in declaration under the Income Declaration Scheme, 2016 to be kept confidential - Notification No 56/2016, dated 06-07-2016 - Source: ITD
- Direct Tax Collection upto June, 2016 shows an Increase of 24.79% - Press Release, dated 08-07-2016 - Source: ITD
- Applicability of Income Computation and Disclosure Standards (ICDS) notified under section 145(2) of the Income-tax Act, 1961 - Press Release, dated 06-07-2016 - Source: ITD
- Foreign Tax Credit Rules notified - Notification No 54/2016, dated 27-06-2016 - Source: ITD
- The Income-tax (19th Amendment), Rules, 2016 - Notification No 55/2016, dated 28-06-2016 - Source: ITD
- Further clarifications on the Income Declaration Scheme, 2016 - Circular No. 25/2016, dated 30-06-2016 - Source: ITD
- Fair market value and reporting requirement for Indian concern - Indirect transfer provisions - section 9(1) of the Income-tax Act, 1961 - Press Release, dated 30-06-2016 - Source: ITD
- Issue of further clarifications (FAQs) under Income Declaration Scheme, 2016 - Press Release, dated 30-06-2016 - Source: ITD
- Indo- Cyprus Double Taxation Avoidance Agreement - Press Release, dated 01-07-2016 - Source: ITD
- Further clarifications on the Income Declaration Scheme, 2016 - Circular No. 24/2016, dated 27-06-2016 - Source: ITD
- Prime Minister speaks on Income Declaration Scheme in Mann ki Baat - Press Release, dated 26-06-2016 - Source: ITD
- Insertion of new Rule 37BC on relaxation from deduction of tax at higher rate under section 206AA - Notification No 53/2016, dated 24-06-2016 - Source: ITD
- Further clarifications on amendment in section 206C of the Income-tax Act, 1961 vide the Finance Act, 2016 - Circular No. 23/2016, dated 24-06-2016 - Source: ITD
- Corrigendum to Notification No 26/2016, dated 17-06-2016 - Notification No 52/2016, dated 23-06-2016 - Source: ITD
- Amendment in Rule 10U - the Income-tax (16th Amendment) Rules - Notification No 49/2016, dated 22-06-2016 - Source: ITD
- Procedure for online submission of TDS/TCS statements - Notification No 11/2016, dated 22-06-2016 - Source: ITD
- Amendment in rule 114H of Income-tax Rules, 1962 - Press Release, dated 22-06-2016 - Source: ITD
- Clarification regarding News Report on Arrest of Tax Defaulters - Press Release, dated 21-06-2016 - Source: ITD
- Threshold Limit of tax audit under section 44AB and section 44AD - Press Release, dated 20-06-2016 - Source: ITD
- Amendment in Rule 114F/H - the Income–tax (15th Amendment) Rules, 2016 - Notification No 48/2016, dated 20-06-2016 - Source: ITD
- Exemption from TDS on specified payments - Notification No. 47/2016, dated 17-06-2016 - Source: ITD
- Exemption from TDS to securitisation trust on income received from activity of securitisation - Notification No. 46/2016, dated 17-06-2016 - Source: ITD
- Comments of stakeholders - Working Group to examine issues arising out of amendment to India-Mauritius DTAA - Press Release, dated 15-06-2016 - Source: ITD
- India-Mauritius Double Taxation Avoidance Agreement and related issues - Working Group to examine consequential issues arising out of amendment - Press Release, dated 13-06-2016 - Source: ITD
- Amendment in Section 206C vide Finance Act 2016 - Circular No 22/2016, dated 08-06-2016 - Source: ITD
- New method to calculate specified expenditure under Rule 8D - Notification No 43/2016, dated 02-06-2016 - Source: ITD
- Cost Inflation Index for Financial Year 2016-17 notified at 1125 - Notification No 42/2016, dated 02-06-2016 - Source: ITD
- Time limit increased to 30 days for submission of challan cum return in Form 26QB - Notification No 39/2016, dated 31-05-2016 - Source: ITD
- The Direct Tax Dispute Resolution Scheme 2016 & Equalisation Levy to come into effect from 1st June 2016 - Press Release, dated 31-05-2016 - Source:ITD
- Admissibilty of claim of deduction of Bad Debt under section 36(1)(vii) read with section 36(2) of the Income-tax Act, 1961 - Circular No 12/2016, dated 30-05-2016 - Source:ITD
- Equalisation Levy Rules, 2016 - Notification No 38/2016, dated 27-05-2016 - Source:ITD
- 01.06.2016 notified as the date on which Chapter VIII of the Finance Act, 2016 shall come into force - Notification No 37/2016, dated 27-05-2016 - Source:ITD
- The Direct Tax Dispute Resolution Scheme Rules, 2016 - Notification No 35/2016, dated 26-05-2016 - Source:ITD
- 31.12.2016 notified as the date by which declaration may be made under under the Direct Tax Dispute Resolution Scheme, 2016 - Notification No 34/2016, dated 26-05-2016 - Source:ITD
- Extension of Scheme for E-assessment - Press Release, dated 25-05-2016 - Source:ITD
- E-filing of appeals: Extension of time limit - Circular No 20/2016, dated 26-05-2016 - Source:ITD
- Clarifications for implementation of FATCA and CRS - F. No. 504/632/2015-FT&TR-III(1), dated 26-05-2016 - Source:ITD
- Implementation of General Anti Avoidance Rule Provisions - Issuance of Guidance Note - Comments of the Stakeholders - Press release, dated 27-05-2016 - Source:ITD
- Clarification for implementation of FATCA and CRS - Press Release, dated 27-05-2016 - Source:ITD
- Notification of Committee for Examining Applications made under Rule 10VA - Order, dated 06-05-2016 - Source:ITD
- Notification of Committee for Examining Applications made under Rule 10VA - Press Release, dated 23-05-2016 - Source:ITD
- Use of email based communication for Paperless Assessment Proceedings - F. No. 225/267/2015/ITA.II, dated 23-05-2016 - Source:ITD
- Manner of determination of fair market value and reporting requirement for Indian concern - Indirect transfer provisions - Section 9(1) of the Income-tax Act, 1961 - Draft Rules - F No 142/26/2015-TPL, dated 23-05-2016 - Source:ITD
- Manner of determination of fair market value and reporting requirement for Indian concern - Indirect transfer provisions - Section 9(1) of the Income-tax Act, 1961 - Press Release, dated 23-05-2016 - Source:ITD
- The Income Declaration Scheme 2016 - Press Release, dated 20-05-2016 - Source: ITD
- Clarifications on the Income Declaration Scheme, 2016 - Circular No 17/2016, dated 20-05-2016 - Source:ITD
- Explanatory Notes on provisions of the Income Declaration Scheme, 2016 as provided in Chapter IX of the Finance Act, 2016 - Circular No 16/2016, dated 20-05-2016 - Source:ITD
- The Income Declaration Scheme Rules, 2016 - Notification No. 33/2016, dated 19-05-2016 - Source:ITD
- Relevant dates notified for the purpose of the Income Declaration Scheme, 2016 - Notification No. 32/2016, dated 19-05-2016 - Source:ITD
- India and Slovenia sign Protocol amending the India-Slovenia Double Taxation Avoidance Convention - Press Release, dated 19-05-2016 - Source:ITD
- Order of approval under sub-clause (b) of clause (ii) of the proviso to (sub-clause(viii) of) clause (2) of Section 17 of the Income-tax Act, 1961 - Order, dated 19-04-2016 - Source:ITD
- The Income Declaration Scheme 2016 to open from 1st June 2016 - Press Release, dated 14-05-2016 - Source:ITD
- The Income Declaration Scheme 2016 & The Direct Tax Dispute Resolution Scheme 2016 - Press Release, dated 12-05-2016 - Source:ITD
- Protocol for amendment of the Convention for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and capital gains between India and Mauritius - Press Release, dated 10-05-2016 - Source:ITD
- Verification of tax-returns for Assessment Years 2009-2010, 2010-2011, 2011-2012, 2012-2013, 2013-2014 and 2014-2015 through EVC which are pending due to non-filing of ITR-V Form and processing of such returns - Circular No. 13/2016, dated 09-05-2016 – Source :ITD
- Taxability of Income/Loss arising from Transfer of Unlisted Shares - Press Release, dated 05-05-2016 - Source: ITD
- Income-tax (12th Amendment) Rules, 2016 - Notification No. 31/2016, dated 05-05-2016 - Source: ITD
- Procedure for submission of Form 15CC by an authorised dealer in respect of remittances under sub-section (6) of section 195 of the Income-tax Act, 1961 read with rule 37BB of the Income-tax Rules, 1962 - Notification No. 8/2016, dated 04-05-2016 - Source:ITD
- Section 9A of the Income-tax Act, 1961, read with Rule 10VA of the Income-Tax Rules, 1962 - Certain activities not to constitute Business Connection In India - Notified Committee For Purposes Of Rule 10VA(4)- ORDER [F.NO. 173/237/2016-ITA-I], DATED 6-5-2016- Source: ITD
- Consistency in taxability of income/loss arising from transfer of unlisted shares under Income-tax Act, 1961 - F.No.225/12/2016/ITA.II, dated 02-05-2016 - Source:ITD
- Release of Data by Income Tax Department - Press Release, dated 29-04-2016 - Source:ITD
- Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income-tax Act, 1961 for Indian Accounting Standards (Ind AS) compliant companies - Press Release, dated 28-04-2016 - Source:ITD
- Report regarding frame work for computation of book profit for the purposes of levy of Minimum Alternate Tax (MAT) under sec tion 115JB of the lncome-tax Act, 1961 for Indian accounting Standards (lnd AS) compliant companies in the year of adoption and thereafter - Report, dated 18-03-2016 - Source:ITD
- Draft rules for granting relief or deduction of Income-tax under section 90/ 90A/ 91 of the Income-tax Act - F.No. 142/24/2015-TPL, dated 18-04-2016 - Source:ITD
- Draft rules for grant of Foreign Tax Credit - Press Release, dated 18-04-2016 - Source:ITD
- Signing of Agreements with respect to Taxes between India and Maldives - Press Release, dated 11-04-2016 - Source:ITD
- Electronic Verification Code (EVC) for electronically filed Form of Appeal to Commissioner (Appeals)- Notification No. 5/2016, dated 06-04-2016 - Source:ITD
- Release of E-filing of Income Tax Returns (ITR) and other forms - Press Release, dated 04-04-2016 - Source:ITD
- Release of new functionality to taxpayers to secure their E-filing account - Press Release, dated 04-04-2016 - Source:ITD
- Notification of Income Tax Returns for Assessment Year 2016-17 - Press Release, dated 01-04-2016 - Source:ITD
- Request to taxpayers to avail facility for online rectification - Press Release, dated 01-04-2016 - Source:ITD
- All ITR forms notified for AY 2016-17 - Notification No. 24/2016, dated 30-03-2016 - Source:ITD
- Signing of 11 unilateral Advance Pricing Agreements (APAs) - Press Release, dated 29-03-2016 - Source: ITD
- Proposal for equalization levy on specified transactions - Report of the Committee on Taxation of E-Commerce - Source: ITD
- Guidelines for application of section 9A - The Income-tax (5 th Amendment) Rules, 2016 - Notification No. 14/2016, dated 15-03-2016 - Source: ITD
- Rules in respect of fund manager regime under section 9A of the Income-tax Act, 1961 - Press Release, dated 16-03-2016 - Source: ITD
- Report of the Committee on Taxation to examine the business models for e-commerce - Press Release, dated 21-03-2016 - Source: ITD
- Non-enforcement of recovery of demand against the assessee where tax has been deducted but not deposited by the deductor - Press Release, dated 11-03-2016 - Source: ITD
- Non-deposit of tax deducted at source by the deductor - Recovery of demand against the deductee assessee - Office Memorandum, dated 11-03-2016 - Source: ITD
- Clarification regarding taxability of consortium members - Circular No. 07/2016, dated 07-03-2016 - Source: ITD
- Setting up of a dedicated structure for delivery and monitoring of tax payer services in the Income Tax Department - Press Note, dated 07.03.2016- Source: ITD
- Issue of revised guidelines for stay of demand at the first appeal stage - Press Release, dated 03.03.2016- Source:ITD
- Decision’s of CBDT clarifying various provisions of the Income-tax Act for reducing litigation and easing burden of compliance - Press Release, dated 03.03.2016- Source:ITD
- Partial modification of Instruction No. 1914 dated 21.03.1996 to provide for guidelines for stay of demand at the first appeal stage - Office Memorandum, dated 29.02.2016 - Source: ITD
- Dedicated structure created for delivery and monitoring of Tax Payer Services - Order No. 01/Ad. VII/2016, dated 26.02.2016 - Source: ITD
- Form of Appeal to Commissioner (Appeals) - Income-tax (3rd Amendment), Rules, 2016 - Notification No. 11/2016 , dated 01.03.2016- Source:ITD
- Issue of taxability of surplus on sale of shares and securities - Capital Gains or Business Income - Instructions in order to reduce litigation - Circular No. 6/2016, dated 29-02-2016 - Source: ITD
- Clarification regarding nature of share Buy-back transactions under Income-tax Act, 1961- Circular No. 3/2016, dated 26-02-2016 - Source: ITD
- Clarifications for implementation of FATCA and CRS - F.No. 504/090/2007-FTD-I, dated 19.02.2016 - Source:ITD
- Clarification for implementation of FATCA and CRS - Press Release, dated 19.02.2016 - Source:ITD
- CBDT resolves disputes to the tune of Rs 5000 crore under Mutual Agreement Procedure (MAP) of Tax Treaties - Press Release, dared 16.02.2016- Source:ITD
- Passing rectification order under section 154 Income-tax Act, 1961 - Instruction No. 2/2016, dated 15-02-2016 - Source: ITD
- Following the prescribed time-limit in passing order under sub-section (8) of section 154 of Income-tax Act, 1961 - Instruction No. 1/2016, dated 15-02-2016 - Source: ITD
- Clarification of the term 'initial assessment year' in section 80-IA(5) of the Income-tax Act, 1961 - Circular No. 1/2016, dated 15-02-2016 - Source: ITD
- Steps taken by Income Tax Department for safeguarding taxpayers from Phishing email - Press Release, dated 05-02-2016, Source: ITD
- Procedure to be followed in other cases where notice under section 245 has been issued for ITRs processed in financial year 2015-16 - Office Memorandum, dated 29-01-2016, Source: Taxmann
- Government sets-up Tax Policy Research Unit and Tax Policy Council to bring consistency, multidisciplinary inputs, and coherence in Tax Policy - Press Release, dated 02-02-2016, Source: Taxmann
- Signing of bilateral Advance Pricing Agreements (APAs) with United Kingdom - Press Release, dated 01-02-2016, Source: ITD
- Resolution of more than 100 cases of transfer pricing disputes with USA under MAP - Press Release, dated 28-01-2016, Source: ITD
- Signing of Protocol amending the India-Armenia Double Taxation Avoidance Convention - Press Release, dated 27-01-2016, Source: ITD
- CBDT officials directed to use new proforma to request info exchange from foreign tax authorities - Letter, dated 21-01-2016 - Source: Taxmann
- Signing of 7 unilateral Advance Pricing Agreements on 22 January 2016 -Press Release, dated 22-01-2016 - Source: ITD
- Issue of refunds upto Rs. 5000 and refunds in cases where outstanding arrear is up to Rs. 5000 in Non- CASS cases for AYs 2013-14 and 2014-15- Office Memorandum, dated 14-01-2016 - Source: Taxmann
- Draft Report of Justice R.V Easwar (Retd) Committee to Simplify the provisions of Income-tax Act,1961 - Source:ITD
- Issue of refunds of smaller amounts - Press Release, dated 15-01-2016 - Source:ITD
- Initiatives for reducing litigation - Press Release, dated 15-01-2016 - Source:ITD
- Amendment of DTAA between the Government of the Republic of India and the Government of the Republic of Belarus - Notification No. 2/2016 dated 13-01-2016 - Source: ITD
- Changes in the APAR format for the Assessing Officers - Press Release, dated 08-01-2016 - Source: ITD
- Declarations and payments made under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 - Press Release, dated 06-01-2016 - Source: ITD
- Guidance note on implementation of reporting requirements under rules 114F to 114H of the Income-tax Rules, 1962 - dated 31-12-2015-Source: ITD
- Amendment of Rules regarding quoting of PAN for specified transactions to come into force from 1st January, 2016 - Press Release, dated 31-12-2015 - Source: ITD
- Streamlining scrutiny assessment proceedings and facilitating electronic communication - Press Release, dated 31-12-2015 - Source: ITD
- Electronic filing of first appeal before CIT(Appeals) - Press Release, dated 30-12-2015 - Source: ITD
- CBDT notifies revised Rules for quoting of PAN and reporting of transactions to Tax authorities- Income-tax (22nd Amendment) Rules, 2015 - Notification 95/2015, dated 30-12-2015 - Source: ITD
- Penalty u/s 271(1)(c) wherein additions/disallowances made under normal provisions of the Income-tax Act, 1961 but tax levied under MAT provisions u/s 115JB/115JC, for cases prior to A.Y. 2016-17-Circular 25/2015, dated 31-12-2015- Source: ITD
- Draft Guiding Principles for determination of Place of Effective Management (POEM) of a Company- F. No. 142/11/2015-TPL dated: 23rd December, 2015: Source ITD
- Applicability of Minimum Alternate Tax (MAT) on foreign companies for the period prior to 1.04.2015- Instruction No. 111/2015 F. No.153 /12/2015-TPL dated 23rd December, 2015- Source: Taxmann
- Double Taxation Agreement - For Avoidance of Double Taxation and Prevention of Fiscal Evasion with Foreign Countries – Macedonia- Notification no. 94/2015 DATED 21-12-2015- Source- Taxguru
- Section 119 of the Income-tax Act, 1961, read with sections 6 And 84 of The Black Money (Undisclosed Foreign Income And Assets) and Imposition of Tax Act, 2015 - Income-Tax Authorities - Instructions To Subordinate Authorities - Notified Income-Tax Authority Order -[F.No.225/322/2015/ITAII], Dated 17-12-2015-Source: Taxguru
- Income-Tax (Twenty First Amendment) Rules, 2015 - Furnishing of Information in Respect of payments made to Non-resident- Notification 93/2015 dated 16.12.2015: Source ITD
- Furnishing of information in respect of payments made to the non-resident- PRESS RELEASE Dated: 17th December, 2015- Source ITD
- Clarification regarding defective notices issued to FII/FPIs - Press Release, dated 10-12-2015 - Source: ITD
- Double Taxation Agreement - Meeting between Heads of Revenue Administration of India and Korea for Suspension of Collection of Taxes during pendency of Mutual Agreement Procedure (MAP)-PRESS RELEASE, DATED 9-12-2015 : Source ITD
- Inauguration of the 6th meeting of the Automatic Exchange of Information (AEOI) group - Press Release dated 3-12-2015 - Source: ITD
- Section 90 of The Income-Tax Act, 1961 - Double Taxation Agreement - Agreement For Avoidance of Double Taxation And Prevention of Fiscal Evasion With Foreign Countries - Japan - Protocol Between Government of India And Government of Japan on Amendment of Said Agreement-Press Release, Dated 2-12-2015-Source Taxmann
- Curtain Raiser on AEOI Group Meeting in New Delhi on 3rd and 4th December, 2015 – Press Release dated 2-12-2015 - Source: ITD
- Appointment of Smt. Anita Kapur former Chairperson, CBDT as advisor on tax reforms - Press Note - Source: ITD
- Government notifies new DTAA with Thailand; old DTAA would cease to have effect from 1-4-16 - Notification No. 88/2015, dated 1-12-2015 - Source: Taxmann
- Explanatory Notes to the Provisions of the Finance Act, 2015 - Circular No 19/2015, dated 27-11-2015 - Source: ITD
- Signing Advance Pricing Agreements (APAs) - Press Release, dated 27-11-2015 - Source: ITD
- Clarification regarding unauthenticated reports on conciliation in the Vodafone case - Press Release, dated 18-11-2015 - Source: ITD
- Information regarding fraud emails - News, dated 3-11-2015 - Source: ITD
- Taxation of income from off-shore Rupee Denominated Bonds-reg. - Press Release, dated 29-10-2015- Source: ITD
- Finance Minister launches the “e-Sahyog” pilot project of the Income-tax Department- Press Release, dated 27-10-2015- Source: ITD
- Setting up of Committee with a view to simplify the provisions of the Income tax Act, 1961 - Press Release, dated 27-10-2015- Source: ITD
- Aayakar Sampark Kendra can email taxpayer's grievance to AO for quick resolution –Letter dated 20-10-2015- Source: Taxmann
- Notification of Transfer Pricing Rules to incorporate “range concept” and “use of multi-year data” to reduce litigation on transfer pricing issues – Press Release dated 20.10.15 - Source: ITD
- Revised and updated guidance for implementation of Transfer Pricing provisions- Regarding-Instruction No. 15/2015 dated 16.10.2015- Source Taxmann
- Income-tax (16th Amendment), Rules, 2015 dated 19.10.2015-Source: ITD
- G20 finance ministers endorse reforms to the international tax system for curbing avoidance by multinational enterprises- 09/10/2015- Source: oecd.org
- Protocol amending convention and Protocol between India and Israel for avoidance of Double Taxation and for prevention of fiscal evasion with respect to taxes on income and capital -Press release dated 7-10-2015- Source-Taxmann
- OECD presents outputs of OECD/G20 BEPS Project for discussion at G20 Finance Ministers meeting-5/10/2015- Source: oecd.org
- Last date for filing declaration under compliance window of the Black Money Act - Press Release, dated 21-9-2015 - Source: ITD
- Departmental clarification on Black Money Act - Press Release, dated 30-9-2015 - Source: Taxmann
- Black Money (Undisclosed Foreign Income And Assets) And Imposition Of Tax Act, 2015 - Declarations Received And Amount Declared Under Compliance Window Under The Black Money Act- Press Release, Dated 1-10-2015 Source: Taxmann
- Section 92CA of the Income-tax Act, 1961 - Transfer Pricing - Reference to Transfer Pricing Officer (TPO) in Specified Domestic Transaction cases - Instruction No. 11/2015, dated 16-9-2015 - Source: Taxmann
- Report of the Committee on Direct Tax Matters on the issue of applicability of MAT on FIIs/FPIs - Press Release, dated 1-9-2015 - Source: ITD
- Govt. notifies 'Challan No. ITNS 284' for depositing taxes under Black Money Act - News dated 19-8-2015 - Source: Taxmann
- Section 10(6C) of the Income-tax Act, 1961 - Exemption - Foreign Company, Income arising to, by way of fees for technical services - Notified Foreign Companies - Notification No. 66/2015, dated 13-8-2015 - Source: Taxmann
- Section 90 of the Income-tax Act, 1961 - Double Taxation Agreement - Agreement for Exchange of Information with regard to taxes with Foreign Countries - San Marino - Notification No. 63/2015, dated 12-8-2015 - Source: Taxmann
- Section 115JA of the Income-tax Act, 1961 - Minimum Alternate Tax (MAT) - Text of statement made by Finance Minister in Rajya Sabha on 7-5-2015 relating to Mat on FIIs - Press Release, dated 08-05-2015 - Source: Taxmann
- High Level Committee (HLC) headed by justice A.P. Shah on direct tax matters constituted; committee to examine the matter relating to levy of MAT on FIIs for the period prior to 01.04.2015 among others; committee requested to give its recommendations on the above issue expeditiously - Press Release, dated 20-5-2015 - Source: ITD
- India joined the Multilateral Competent Authority Agreement (MCAA) on Automatic Exchange of Information (AEOI) - Press Release, dated 03-06-2015 - Source: ITD
- Recommendations of SIT on Black Money as Contained in the Third SIT Report - Press Release, dated 24-7-2015 - Source: Taxmann
- Manual on exchange of information - News dated 31-7-2015 - Source: ITD
- CBDT notifies Rules for the purpose of FATCA entered into between India and USA - Notification No. 62/2015, dated 7-8-2015 - Source: ITD
- CBDT Signs Advance Pricing Agreements (APAs) to Usher in Certainity in Taxation - Press Release, dated 6-8-2015 - Source: ITD
- CBDT releases Java Utility for e-filing Form 6 to declare black money - News dated 21-7-2015 - Source: Incometaxindieefiling
- Clarification on reports appearing on Black Money Act - Press Release, dated 14-7-2015 - Source: ITD
- United States and India Sign Agreement to Share Tax Information - Press Release, dated 9-7-2015 - Source: ITD
- Memorandum of Understanding regarding the agreement between the Government of the Republic of India and the Government of the United States of America to improve International tax compliance and to implement FATCA - Press Release, dated 9-7-2015 - Source: ITD
- Agreement between the Government of the Republic of India and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA - Press Release, dated 9-7-2015 - Source: ITD
- Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 – Clarifications on Tax Compliance for Undisclosed Foreign Income and Assets - Circular No. 13/2015, dated 6-7-2015 - Source: ITD
- Notification of Black Money Rules and issue of Explanatory Circular for compliance window under Black Money Act – Press Release, dated 3-7-2015 – Source: ITD
- Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015 – Notification No. 58/2015, dated 2-7-2015 – Source: ITD
- Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015 – Explanatory Notes on Provisions relating to Tax Compliance for Undisclosed Foreign Income and Assets as provided -in Chapter VI of said Act – Circular No. 12/2015, dated 2-7-2015 – Source: ITD
- Notification of dates for compliance window under Black Money Act - Press Release, dated 1-7-2015 - Source: ITD
- Govt's compliance window to remain open for 3 months for declaration of undisclosed assets located outside India - Notification No. 57/2015, dated 1-7-2015 - Source: ITD
- Now Black Money Act would be effective from July 1, 2015 - Notification No. 56/2015, dated 1-7-2015 - Source: ITD
- Section 10(6C) of the Income-tax Act, 1961 - Income arising to foreign company by way of royalty or fees for technical services - Notified company - Dassault Aviation S.A., Paris - Notification No. 46/2015, dated 17-6-2015 – Source: ITD
- Section 92CC of the Income-tax Act, 1961 - Transfer Pricing – Advance Pricing Agreement (APA) - Clarification on Rollback Provisions of Advance Pricing Agreement Scheme - Circular No. 10/2015, dated 10-6-2015 - Source: Taxmann
- Section 92C of the Income-tax Act, 1961 - Transfer Pricing - Computation of Arm’s Length Price – Draft scheme of the proposed rules for computation of Arm’s Length Price (ALP) of an International Transaction or Specified Domestic Transaction undertaken on or after 01.04.2014 - Letter dated 21-5-2015 - Source: Taxmann
- Section 115JA of the Income-tax Act, 1961 - Minimum Alternate Tax (MAT) – Pursuant to constitutiton of a committee headed by justice A.P. Shah to look into issue of MAT on FIIs, officers of CBDT dealing with International taxes have been advised not to take any coercive action against FIIs for recovery of demand already raised by invoking provisions of MAT - Letter dated 11-5-2015 - Source: Taxmann
- Section 90 of the Income-tax Act, 1961 – Double Taxation Agreement – Claim of treaty benefits by FIIs under provisions of Double Taxation Avoidance Agreements - Instruction[F.NO.500/36/2015-FTD.I], dated 24-4-2015 - Source: taxmann
- Income-tax (Fourth Amendment) Rules, 2015 - Amendment in Rule 10MA - Notification No. 33/2015, dated 01-04-2015 - Source: ITD
- Section 92CC of the Income-tax Act, 1961 - Advance Pricing Agreement (APA) – Clarification on Applications and Agreements filed or entered into Prior to 1-1-2015 - Press Release, dated 31-3-2015 - Source: taxmann
- Section 9 of the Income-tax Act, 1961 - Income deemed to accrue or arise in India - Clarification on Explanation 5 to Clause (i) of Sub-section (1) of Section 9 - Circular No. 4/2015, dated 26-03-2015
- CENTRAL ACTION PLAN FOR FIRST QUARTER I.E. (APRIL, 2015 TO JUNE, 2015) OF THE FINANCIAL YEAR 2015-16 - Letter [F.NO.380/1/2015-IT(B)] , dated 24-3-2015 - Source: Taxmann
- Section 90, Read with Section 119, of the Income-tax Act, 1961 - Double Taxation Agreement - Agreement for avoidance of double taxation and prevention of fiscal evasion with foreign countries - Czechoslovak Socialist Republic - Clarification on applicability of agreement dated 25-5-1987 to Slovak Republic - Notification No. 25/2015,. dated 23-3-2015 - Source: Taxmann
- Section 90 of the Income-tax Act, 1961 - Double Taxation Agreement - Agreement for avoidance of double taxation and prevention of fiscal evasion with foreign countries - Croatia - Notification No. 24/2015, dated 17-3-2015 - Source: Taxmann
- Income-tax (Third Amendment) Rules, 2015 – Amendment in Rules 10F, 10H, 10-I, 10K, 10M, Form 3CEC & 3CED and insertion of Rules 10MA, 10RA & FORM 3CEDA - Notification No. 23/2015, dated 14-3-2015 - Source: Taxmann
- Parliament introduced Undisclosed Foreign Income and Assets (Imposition of Tax) Bill, 2015 - News dated 20-3-2015 - Source: Taxmann
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