Yearly Archives: 2014

Instruction No. 7/2014 Income Tax : Scope of inquiry for scrutiny during Financial 2014-15

By | September 26, 2014

Instruction No. 7/2014 Government of India Ministry of Finance Department of Revenue (CBDT) Room No. 143E, North-Block,  New-Delhi Dated the 26  th  of September 2014 To, All Pr. Chief-Commissioners  of Income-tax/Chief-Commissioners of Income-tax All Pr. Directors-General of Income-tax/Directors-General of Income-tax Sir/Madam, Subject: – Scope of enquiry in cases selected for scrutiny during the Financial Year 2014-2015 on… Read More »

Income Tax (Eighth Amendment ) Rules 2014

By | September 16, 2014

INCOME-TAX (EIGHTH AMENDMENT) RULES, 2014 NOTIFICATION No. SO 2399(E) [NO. 43/2014 (F.NO.152/1/2013-TPL)] , DATED 16-9-2014 In exercise of the powers conferred by section 295 read with section 32 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxeshereby makes the following rules further to amend the Income-tax Rules, 1962, namely:— 1.… Read More »

Section 87A of Income Tax Act : Rebate of income-tax in case of certain individuals. : Rebate of income-tax in case of certain individuals.

By | April 1, 2014

Section 87A of Income Tax Act : Summary of Section 87A of Income Tax Act : Inserted by the Finance Act, 2013, w.e.f. 1-4-2014. Earlier, section 87A was omitted by the Finance (No. 2) Act 1967, w.e.f. 1-4-1968. Section 87A of Income Tax Act Rebate of income-tax in case of certain individuals. 87A. An assessee, being… Read More »