F-No. 225/117/2013/ITA.IIGovernment of IndiaMinistry of FinanceDepartment of Revenuecentral Board of Direct Taxes North-Blocky ITA.11 DivisionNew Delhi, the 30thSeptember, 2013 Order In order to facilitate assessees to comply with part (a) of CBDTs order in F.No.225/117/2013/ITA.II dated 26.09.2013, all CCsIT /DsGIT are hereby directed that all Income Tax Offices shall remain open till 8:00 p.m on 30thSeptember, 2013 for the convenience of taxpayers, who wish to file Report of Audit manua...

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F.No. 225/117/2013/ITAIIGovernment of IndiaMinistryofFinanceDepartment of RevenueCentral Board of Direct Taxes North-Block, ‘TAM DivisionNew Delhi, the 30thSeptember, 2013 Order under Section 119 of the Income-tax Act. 1961 On consideration of reports of dislocation of general life caused due to recent heavy rains and floods in the State of Gujarat, the Central Board of Di.ect Taxes, in exercise of powers conferred under section 119 of the Income-tax Act, 1961, hereby extends t...

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VideNotificationdated 23.09.2013 issued by the CBDT, Rules 10U to 10UC have been inserted in the Income-tax Rules, 1962 to provide for the entire procedure for monitoring the General Anti Avoidance Rules (GAAR). The relevant forms have also been notified. The said Rules will come into effect on 1st April 2016.—————————— NotificationNo. 75/2013, Date – 23thSeptember, 2013 S.O. 2887(E).- In exercise of the powers conferred by sect...

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F.No. 225/117/2013/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated- 26th September, 2013 Order under Section 119 of the Income-tax Act. 1961. CBDT in exercise of power under sec 119(2)(a) of the IT Act, 1961 read with Sec 139 and Rule 12, has decided to relax the requirement offurnishingthe Report of Auditelectronicallyas prescribed under the proviso to sub-rule (2) of Rule 12 of the IT Rules for the Assessment Year 2013-14 as u...

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Instruction No. 14/2013, Dated – 23rd of September, 2013 Subject: StandardOperating Procedurefor cases under Non-filersMonitoring System(‘NMS’)-regarding The existing procedure for monitoring cases of ‘Non-Filers of IT Returns’ as identified by Director General of Income, Tax (System) has been examined by the Board. It is felt that at present, cases of non-filers are not being uniformly monitored by the Assessing Officers due to lack of consistency in approach i...

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F.No. 380/112013-IT(B). Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 20th September, 2013 To All the CCslT (CCA) Sir/Madam, Subject: Central Action Plan for F.Y. 2013-14-Pending Refunds for AY 2011-12-reg. It is seen from the data available on AST that refunds for AY 2011-12 are pending. These need to be issued at the earliest. The same had been conveyed during the lastVideoConference on 23.08.2013, but the progress so f...

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InstructionNo. 13/2013 F.No. 225/107/2013/ /ITA.II To, All Chief Commissioners of Income-taxAll Directors-General of Income-tax Sir/Madam, Subject: Compulsory Manual Selection of cases for scrutiny during the F. Yr. 2013-14 – regd: I am directed to state that Instruction No. 10 of 2013, dated 5-8-2013 of CBDT on the above captioned subject is partially modified as under:- 2. In Para 3, after clause (i), following clause(s) have been inserted:- (j) Cases where registration...

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It is informed that the payment of Quarterly Advance Tax on or before 15th September, 2013 by the tax payers is a statutory requirement. All such tax payers who are liable to pay advance tax must make payments in the designated branches of the banks authorized to accept tax payments.2. All such designated branches of authorized banks have been asked to function on 14th and 15th September, 2013 (Saturday & Sunday) to accept advance tax payments. If any tax payer fails to pay the advance tax o...

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There are many taxpayers who have uploaded their Income Tax Returns electronically (without digital signature Certificate) for A.Y. 2O1l-12 {filed during F.Y. 2O12-13} and for ITRs of A.Y. 2O12-13 [filed on or after1.4,2012], but have either not filed the corresponding ITR-V or have filed it with the local Income-tax office. ITR-V is accepted only at the Centralized Processing Center (CPC) of the Income-tax Department at Bengaluru byordinary or speed post. Therefore, a final opportunity is being...

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Government of India Ministry of Finance (Department of Revenue) Notification No.13/2013 - Service Tax New Delhi, 10thSeptember, 2013 G.S.R....(E).­­_ In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Depart...

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In exercise of the powers conferred by sub-section (6) of section 195 and section 192, section 194B, section 194BB, section 194E, section 194LB, section 194LC, section 194LD, section 196B, section 196C, section 196D read with section 295 of the Income-tax Act, 1961 (43 of 1961) and in supersession of the notification of the Government of India in the Ministry of Finance, Department of Revenue, issued by the Central Board of Direct Taxes vide numberS.O.2363(E) dated the 5th August, 2013published ...

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INSTRUCTION NO 11/2013, Dated: 27 August, 2013 Subject: – Action on Unmatched Challans reflected in Form 26AS –directionof the Hon’ble Delhi HC in the case ‘Court on Its Own Motion vs. UOI & Ors in WP(C) 2659/2012 & WP(C) 5443/2012′- regarding 1. The. Hon’ble Delhi High Court vide its judgement in the case‘Court On its Own Motion vs. UOI and Ors’ (W.P. (C) 2659/2012 & W.P. (C) 5443/2012 dated 14.03.2013) has issued seven mandamuse...

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S.O. 2493(E).– In exercise of the powers conferred by clause (48) of Section 10 read withSection 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government, having regard tothe national interest, hereby notifies for the purposes of the said clause, the National Iranian OilCompany, as the foreign company and the Memorandum of Understanding entered between theGovernment of India in the Ministry of Petroleum and Natural Gas and the Central Bank of Iranon the 20th day of January, 201...

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SECTION 144C OF THE INCOME-TAX ACT, 1961 - DISPUTE RESOLUTION PANEL (DRP) - REFERENCE TO - RECONSTITUTION OF DRP AT SPECIFIED AREAS OF JURISDICTION ORDER NO. 1/FT&TR/2013 [F.NO.500/15/2011-FT&TR-I],DATED 13-8-2013 In exercise of powers conferred by clause (a) of sub-section (15) of Section 144C of the' Income-tax Act, 1961 [43 of 1961) r/w Income-tax (Dispute Resolution Panel) Rules, 2009, as amended by Notification No.33/2012 (F.No. 133/13/2012-SO(TPL)/SO1967(E), dated 24-8-2012, and...

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION NO. 62/2013 DATED 13-8-2013 It is hereby notified for general information that the organization "Centre for Development of Telematics (C-DOT), New Delhi (PAN-AAATC3895K) has been approved by the Central Government for the purpose ofclause (ii) of sub-section (1) of section 35of theIncome-tax...

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SPECIAL ECONOMIC ZONES (AMENDMENT) RULES, 2013 - AMENDMENT IN RULES 5, 11 & 19 AND INSERTION OF RULE 74A & ANNEXURE IVA NOTIFICATION [F.NO.C.2/1/2013-SEZ],DATED 12-8-2013 In exercise of the powers conferred by section 55 of the Special Economic Zones Act, 2005(28 of 2005), the Central Government hereby makes the following rules further to amend the Special Economic Zones Rules, 2006, namely:— 1.(1) These rules may be called the Special Economic Zones (Amendment) Rules, 2013. (2...

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SECTION 10(15), ITEM (h) OF SUB-CLAUSE (iv) OF THE INCOME-TAX ACT, 1961 - EXEMPTIONS - INTEREST ON BONDS/DEBENTURES - SPECIFIED COMPANIES AUTHORIZED TO ISSUE TAX-FREE, SECURED, REDEEMABLE, NON-CONVERTIBLE BONDS DURING F.Y. 2013-14 SUBJECT TO SPECIFIED CONDITIONS NOTIFICATION NO. 61/2013[F.NO.178/37/2013-(ITA-I)]/SO 2424(E),DATED 8-8-2013 In exercise of the powers conferred by item (h) of sub-clause (iv) of clause (15) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Governme...

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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 - ORIENTAL REPUBLIC OF URUGUAY NOTIFICATION NO. 53/2013 [F.NO.500/138/2002-FTD-II]/SO 2081(E),DATED 5-7-2013 Whereas, an Agreement between the Government of the Republic of India and the Government of the Oriental Republic of Uruguay for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on i...

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION NO. 60/2013 DATED 7-8-2013 It is hereby notified for general information that "National Institute of Mental Health and Neuro Science (NIMHANS) Bangalore, (PAN-AABTN6120B) has been approved by the Central Government for the purpose ofclause (ii) of sub-section (1) of section 35of theIncome-ta...

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INCOME-TAX (THIRTEENTH AMENDMENT) RULES, 2013 - SUBSTITUTION OF RULE 12C AND FORM NO. 64 NOTIFICATION NO. 59/2013 [F.NO.142/17/2013-TPL]/SO 2364(E),DATED 5-8-2013 In exercise of the powers conferred by sub-section (2) of section 115U read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:— 1.(1) These rules may be called the Income-tax (13th Amendment) Rules, 2...

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INCOME-TAX (TWELFTH AMENDMENT) RULES, 2013 - SUBSTITUTION OF RULE 37BB AND FORM NOS. 15CA AND 15CB NOTIFICATION NO. 58/2013 [F.NO.149/119/2012-SO(TPL)]/SO 2363(E),DATED 5-8-2013 In exercise of the powers conferred by sub-section (6) of section 195 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:— 1.(1) These rules may be called the Income-tax (12th Amend...

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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SECTION 3, SUB-SECTION (ii)] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION NO. 57/2013 DATED 1-8-2013 S.O. 2331(E) -In exercise of the powers conferred bysection 90andsection 90Aread withsection 295of theIncome-tax Act, 1961 (43 of 1961),the Central Board of Direct Taxes hereby makes the following rules further to amend theIncome-tax Rules, 1962, namely:— 1.(...

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In supersession of earlier Instructions on the above subject, the Board hereby lays down the following procedure and criteria for manual section of returns/cases for scrutiny during the financial year 2013-2014: 2.The targets for completion of scrutiny assessments and strategy of framing quality assessments as contained in Central Action Plan document for Financial Year 2013-2014 has to be complied with. It is being reiterated that all scrutiny assessments including the cases selected under m...

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F.No. 225/117/2013/ITA.II Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes North-Block, ITA.IIDivision New Delhi, the 31stof July, 2013 To All CCIT (CCA) Sir/Madam, Subject: Opening of special counters forfiling returnsof Income-regd:- In view of extension ofdue datefor filing of return of Income from 31stJuly, 2013 to 5thAugust, 2013 vide CBDT’s order under section 119 of IT Act inF.No 225/117/2013/ITA.II dated 31.07.2013, I am directe...

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SECTION 194LD OF THE INCOME-TAX ACT, 1961 - INCOME BY WAY OF INTEREST ON CERTAIN BONDS AND GOVERNMENT SECURITIES - NOTIFIED RATES OF INTEREST ON RUPEE DENOMINATED BOND OF AN INDIAN COMPANY NOTIFICATION NO. 56/2013 [F.NO.149/81/2013-TPL]/SO 2311(E),DATED 29-7-2013 In exercise of the powers conferred by the proviso to sub-section (2) of section 194LD of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies the following rates of interest in respect of rupee denominate...

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SECTION 119 OF THE INCOME-TAX ACT, 1961 - INCOME-TAX AUTHORITIES - INSTRUCTIONS TO SUBORDINATE AUTHORITIES - EXTENSION OF DUE DATE FOR FILING RETURNS OF INCOME REQUIRED TO BE FURNISHED BY 31-7-2013 TO 31-10-2013 IN RESPECT OF ASSESSEES RESIDING OR ASSESSED IN STATE OF UTTARKHAND ORDER [F. NO. 225/117/2013/ITA.II],DATED 23-7-2013 Considering the large-scale devastation due to recent natural clamity in the State of Uttarakhand, the Central Board of Direct Taxes, in exercise of powers conferred u...

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WORK ALLOCATION OF DEPARTMENTAL REPRESENTATIVES BEFORE ITAT INSTRUCTION NO. 9/2013, [F. NO. 279/MISC./M-82/2011-ITJ],DATED 22-7-2013 Reference is invited to Board's earlierInstruction No. 13/2008 dated 18-09-2008on the subject of work allocation of CIT(DRs)/Sr. DRs. In supersession of earlier instructions on this subject, the Board has decided to lay down the following parameters for allocation of work between the CIT(DRs) and the Sr. DRs for representation before ITAT. 2.The allocation of ...

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Government ofIndia Ministry of Finance Department of Revenue Central Board ofDirect Taxes Press Release Dated 18th July, 2013 Subject: Guidelines for weighted deduction @150% ofthe expenditureincurred on skill development under section 35CCD ofthe Income­ tax Act,1961. The National Manufacturing Policy (NMP), 2011 proposed to provideinter alia, the following direct taxes incentives to promote skilldevelopment: “Weighted deduction of 150% of the expenditure (other thanland o...

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SECTION 10A, READ WITH SECTIONS 10AA & 10B OF THE INCOME-TAX ACT, 1961 - FREE TRADE ZONE - DIRECT TAX BENEFITS - CLARIFICATION ON ISSUES RELATING TO APPLICABILITY OF CHAPTER IV OF THE ACT AND SET OFF AND CARRY FORWARD OF BUSINESS LOSSES CIRCULAR NO. 7/DV/2013 [FILE NO.279/MISC./M-116/2012-ITJ],DATED 16-7-2013 It has been brought to the notice of the Board that the provisions of 10A/10AA/10B/10BA of the Income-tax Act, with regard to applicability of Chapter IV of the Act and set off and ca...

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SECTION 261 OF THE INCOME-TAX ACT, 1961 - SUPREME COURT - APPEALS TO - INSTRUCTION REGARDING STANDARD OPERATING PROCEDURE FOR APPEALS/SLPS FILED BY THE ASSESSEES IN THE SUPREME COURT AND RELATED MATTERS INSTRUCTION NO. 8/2013 [F NO. 279/MISC./M-33/2013-ITJ],DATED 16-7-2013 Instruction No. 4 of 2011 dated 9th March 2011of CBDT laying down the Standard Operating procedure on filing of appeals/SLPs by the Income Tax Department contains, inter-alia, the procedure to be followed in the case of SLPs...

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