CBDT Circulars 2015

CBDT Circulars – 2015 (Income Tax)

List of important Income Tax Circulars issued by the Central Board of Direct Taxes (CBDT) during 2015:

Ref. No. / Date / Summary

CBDT Circular No. 25/2015 dt. 31 Dec 2015

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

CBDT Circular No. 24/2015 dt. 31 Dec 2015

Recording of satisfaction note under section 158BD/153C of the Income-tax Act, 1961

CBDT Circular No. 23/2015 dt. 28 Dec 2015

TDS under section 194A of the Income-tax Act, 1961 on interest on fixed deposit made on directions of Courts

CBDT Circular No. 22/2015 dt. 17 Dec 2015

Allowability of employer’s contribution to funds for the welfare of employees terms of section 43B(b) of the Income-tax Act, 1961

CBDT Circular No. 21/2015 dt. 10 Dec 2015

Revision of monetary limits for filing of appeals by the Department before Income Tax Appellate Tribunal and High Courts and SLP before Supreme Court – Measures for reducing litigation

CBDT Circular No. 20/2015 dt. 2 Dec 2015

Income-tax deduction from salaries during the Financial Year 2015-16 under section 192 of the Income-tax Act, 1961

CBDT Circular No. 19/2015 dt. 27 Nov 2015

Explanatory notes to the provisions of the Finance Act, 2015

CBDT Circular No. 18/2015 dt. 2 Nov 2015

Interest from Non-SLR securities of Banks

CBDT Circular No. 17/2015 dt. 6 Oct 2015

CBDT Circular No. 16/2015 dt. 6 Oct 2015

CBDT Circular No. 15/2015 dt. 3 Sep 2015

Clarifications on Tax Compliance for Undisclosed Foreign Income and Assets

CBDT Circular No. 14/2015 dt. 17 Aug 2015

Clarification on certain issues related to grant of approval and claim of exemption u/s 10(23C)(vi) of the Income-tax Act, 1961

CBDT Circular No. 13/2015 dt. 6 Jul 2015

Clarifications on Tax Compliance for Undisclosed Foreign Income and Assets

CBDT Circular No. 12/2015 dt. 2 Jul 2015

Explanatory notes on provisions relating to tax compliance for undisclosed foreign income and assets as provided in chapter vi of the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015

 CBDT Circular No. 11/2015 dt. 11 Jun 2015

 Order under section 10(2)(b) of the Wealth Tax Act

 CBDT Circular No. 10/2015 dt. 10 Jun 2015

Clarifications on Rollback Provisions of Advance Pricing Agreement Scheme

CBDT Circular No. 9/2015 dt. 9 Jun 2015

Section 119 of the Income-tax Act, 1961 – Income-tax Authorities – Instructions to subordinate authorities – Condonation of delay in filing refund claim and claim of carry forward losses under section 119(2)(b)

CBDT Circular No. 8/2015 dt. 14 May 2015

Procedure for response to arrear demand by taxpayer and verification and correction of demand by AOs

CBDT Circular No. 7/2015 dt. 23 Apr 2015

Requirement of tax deduction at source in case of corporations whose income is exempted under Section I0(26BBB) of the Income-tax Act, 1961 – Exemption thereof

CBDT Circular No. 6/2015 dt. 9 Apr 2015

Capital gains in respect of units of Mutual Funds under the Fixed maturity Plans on extension of their term

CBDT Circular No. 5/2015 dt. 9 Apr 2015

Chargeability of interest under section 17B of the Wealth-tax Act, 1957 on self-assessment tax paid before the due date of filing of return of net wealth

CBDT Circular No. 4/2015 dt. 26 Mar 2015

Clarification regarding Explanation 5 to clause (i) of sub-section (1) of section 9 of Income-tax Act

CBDT Circular No. 3/2015 dt. 12 Feb 2015

Clarification regarding ‘Amounts not deductible’ under sub-clause (i) of clause (a) of section 40 on Income-tax Act, 1961

CBDT Circular No. 2/2015 dt. 10 Feb 2015

Chargeability of interest under section 234A of the Income-tax Act, 1961 on self-assessment tax paid before the due date of filing of return of income

CBDT Circular No. 1/2015 dt. 21 Jan 2015

Explanatory notes to the provisions of the Finance(No.2) Act, 2014